Bitcoin miner Core Scientific files its Chapter 11 plan
The bankruptcy plan explained that holders of allowed debtor-in-possession claims would receive full and final satisfaction of their claims. Bankrupt...
Day: 21 June 2023
German newspaper giant denies reports of replacing editors with AI
Artificial intelligence will soon make its appearance in one of Europe’s best-selling tabloid newspapers, but only to support journalistic work,...
Bill Gates Argues Against Bitcoin’s Environmental Impacts
Microsoft co-founder, Bill Gates has stated that bitcoin poses health dangers to its users. Speaking with CNBC’s Andrew Ross Sorkin,...
Rapper Distributes $1M In BTC $11 Apiece, With Twitter Going Nuts About It
Megan Thee Stallion, a popular rapper, has recently made a partnership with Cash App, Square’s crypto-friendly payments application. The Grammy-nominated...
Riot Blockchain Purchases $25M Worth of Mining Rig from Bitmain
Riot Blockchain has been one of 2020’s most exciting crypto mining firms, bouncing back from the coronavirus pandemic to become...
Portuguese Power Company Wants Customers to Make Electricity Payments in Bitcoin
One of Portugal’s energy companies is looking to bring Bitcoin payments to the country’s local market, capitalizing on the asset’s...
Binance Netherlands exit – Dutch Central Bank says registration failings are confidential
De Nedelandsche Bank is unable to share details of Binance’s registration failings in the country due to confidentiality requirements of...
US lawmakers introduce National AI Commission Act
A group of United States lawmakers introduced a bill to establish a commission on the approach toward artificial intelligence. On...
Blackrock’s spot Bitcoin ETF renews optimism, sparks wave of new filings
Investment managers WisdomTree and Invesco have filed for spot Bitcoin ETFs, hot on the heels of BlackRock. At least two...
FTX bankruptcy will be ‘very expensive’ but there’s a reason: Auditor
The legal fees charged in the first months of FTX’s bankruptcy have been examined by an auditor, who has confirmed...
Can Meme Coin Newcomer Caged Beasts Compete With XRP & Binance In This Crypto Market?
The newest meme coin on the crypto market, Caged Beasts (BEASTS), is generating significant hype in the cryptocurrency community and...
Crypto firms tout ‘fictitious’ regulatory stamps, Canadian regulator warns
"Fake" regulatory and dispute resolution entities are being used to make some crypto providers look legitimate, warns the Canadian Securities...
Nifty News: Queen, HSBC filings hint at NFTs, Yuga teases robot game and more
The rock band Queen and big bank HSBC eye up the metaverse while Yuga Labs launched the next iteration of...
4 things that can spark the next Bitcoin bull cycle
Bitcoin is down 15% from its 2023 highs, but $40,000 may be closer than you think due to several important...
Deutsche Bank reportedly applies for digital asset custody license from BaFin
Germany’s banking industry is slowly warming up to the crypto sector, with multiple partnerships and crypto services launching in 2023...