Gary Gensler compares Bitcoin’s latest all-time high to a ‘roller coaster ride’

SEC chair Gary Gensler cautioned investors to carefully consider the merits of each project after the market experienced extreme volatility following Bitcoin’s ascent to a new all-time high. Gensler made the statements... Read more »

Peckshield: Cryptocurrency Hackers Stole Over $360 Million in February

Cryptocurrency hackers stole over $360 million during February, almost doubling the amount stolen in January. According to Peckshield, a cryptocurrency and blockchain security firm, the largest hack event in February involved a... Read more »

CFTC chair urges Congress to issue legislation for crypto regulations

CFTC chair Rostin Behnam told Congress there is an urgent need for legislation that can provide regulatory clarity for the crypto industry to ensure investors are appropriately protected. Behnam made the statement... Read more »

Hong Kong Reiterates Unlicensed Cryptocurrency Platforms Will Be Expelled by June

Unlicensed cryptocurrency platforms will not be allowed to operate in Hong Kong starting next June, according to the Securities and Futures Commission (SFC). The commission closed the period for these institutions to... Read more »

Bitcoin and gold are becoming increasingly correlated in conservative investment strategies

In a striking turn of financial events, gold and Bitcoin (BTC) have both soared to record-breaking highs, signaling a shift in investor sentiment that appears to diverge from traditional expectations related to... Read more »

Digihost Secures Hosting Deal for 4,640 S19 XPs With Leading Bitcoin Miner Manufacturer

Digihost Technology Inc., a blockchain technology and mining enterprise based in the U.S., revealed a significant augmentation of its bitcoin mining capabilities, courtesy of a multi-year hosting contract with a “leading” global... Read more »

Montenegro blocks Do Kwon extradition again following successful appeal

Terraform Labs co-founder Do Kwon’s extradition to the US was annulled by the Appellate Court of Montenegro, according to a Mar. 5 notice on the Court’s website. This development occurs amid bankrupt... Read more »

Bitcoin Miner Bitdeer Says It Has Launched Its ‘First Cryptocurrency Mining Chip’

Bitdeer, a bitcoin miner, recently announced the launch of what it refers to as its “first cryptocurrency mining chip.” Bitdeer claimed that the chip could potentially improve bitcoin mining performance without excessive... Read more »

BlackRock looking to include Bitcoin exposure in other funds

BlackRock has filed an amendment with the SEC to integrate Bitcoin exposure in its Strategic Income Opportunities Fund (BSIIX), according to a March 4 filing. BSIIX’s total fund size stood at $36.5 billion,... Read more »

India mandates tech firms to seek regulatory approval before launching AI tools

The Indian government has announced a new requirement for technology companies to secure government approval before publicly releasing artificial intelligence (AI) tools that are still in development or considered “unreliable,” Reuters reported... Read more »