Stablecoin issuer Circle expects internet payment firms and other financial services companies will attempt to enter or expand in the space. Read More at https://cointelegraph.com/news/circle-predicts-stablecoins-mainstream-global-regulations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Ethereum developers consider splitting Pectra upgrade, eye February target
An Ethereum developer warned that if nothing is released by June 2025 following a split, it would be regarded as “a failure.” Read More at https://cointelegraph.com/news/ethereum-pectra-upgrade-potential-split-core-developers-prague-electra?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Norway town campaigns to close Bitcoin mine, electricity costs jump 20%
The Noranett network manager estimates that, following the Bitcoin mining closure, the average household in Hadsel could face an additional annual cost equivalent to $280 USD. Read More at https://cointelegraph.com/news/norway-town-hadsel-bitcoin-mining-noise-electricity-costs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ETFs may face hacker threats, Ellison seeks no prison time, and more: Hodler’s Digest, Sept. 8 – 14
Caroline Ellison’s lawyers say she “poses no threat to public safety” and Bitcoin ETFs attractive to hackers due to the potential payout. Read More at https://cointelegraph.com/magazine/spot-bitcoin-etfs-hackers-risk-caroline-ellison-ftx-prison-hodlers-digest/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Chinese gov't mulls anti-money laundering law to 'monitor' new fintech
According to the Chinese government, 1,391 individuals have been prosecuted on money laundering-related charges in the first half of 2024. Read More at https://cointelegraph.com/news/china-considers-law-to-monitor-money-laundering-fintech?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitfarms accelerates 2.2 EH/s hosting agreement with Stronghold
According to Bitfarms, the mining hardware was originally scheduled to be deployed in Yguazu, Paraguay sometime in December 2024. Read More at https://cointelegraph.com/news/bitfarms-accelerates-2-2-eh-s-deployment-with-stronghold?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC crypto ‘overreach’ cost small investors $15B: John Deaton
According to a popular pro-crypto attorney and Senate candidate, the SEC’s overreach into the crypto industry has cost retail investors over $15 billion in losses. Read More at https://cointelegraph.com/news/sec-crypto-overreach-investors-15b-deaton?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Meta to resume AI training in UK after regulatory pause
The tech giant will use public information, including posts, comments, photos, and captions from adult users on Instagram and Facebook. Read More at https://cointelegraph.com/news/meta-resume-ai-training-uk?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto millionaire loses $43 million in Ether-Bitcoin trading bet
Fickel is one of the world’s wealthiest cryptocurrency investors, currently holding more than $4.8 million worth of Ether. Read More at https://cointelegraph.com/news/crypto-millionaire-james-fickel-43m-loss?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
USDC issuer Circle announces HQ move to New York ahead of IPO
2025 could bring stablecoins into the mainstream, after 2024 introduced a “turning point year in crypto,” according to Circle’s Allaire. Read More at https://cointelegraph.com/news/usdc-circle-headquarters-move-new-york-ipo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound