AI may already use more power than Bitcoin — and it threatens Bitcoin mining

Strategy said it would use the net proceeds for its working capital and acquisition of Bitcoin. Business intelligence firm and Bitcoin investor Strategy plans to offer 5 million shares of the company’s Series A Perpetual Strife Preferred Stock and use the proceeds to purchase more Bitcoin.  In an announcement, the company said it intends to

Billionaire finance mogul Masayoshi Son also said that AI will be 10,000X smarter than humans by 2035.

The investment services firm said its new global head of insurance solutions would be spearheading the effort. 1125 Total views 10 Total shares New York Digital Investment Group announced the completion of a growth capital funding round as well as the launch of a business initiative relating to Bitcoin.In an announcement today, the New York…

The plaintiffs in a class-action lawsuit accusing the Tether (USDT)-affiliated crypto exchange Bitfinex of Bitcoin (BTC) price manipulation have declined to amend their complaint.According to a court filing dated Dec. 2, the plaintiffs declined to make amendments to their complaint as a study conducted by John Griffin and Amin Shams “still concludes that USDT was…

In order to promote domestic blockchain and  cryptocurrency-related businesses, the Japan Cryptocurrency Business Association (JCBA) has published its "Recommendations on New ICO Regulation" on Friday, March 8.The recommendations on Initial Coin Offerings (ICOs) regulations issued by the JCBA — a local industry trade group — focus on three main topics: the expansion of cryptocurrency in Japanese…

The team behind Brave Browser thinks that Google has an unfair competitive advantage due to its massive trove of user data. In a submission filed with the United Kingdom’s consumer protection agency, Brave argued that the country’s failure to enforce European data protection laws gives Google an unfair advantage.Brave’s stanceIn an interview with Cointelegraph, Dr.…

As per its agreement, project developers will not pursue legal action against the hacker. 71 Total views 1 Total shares Decentralized finance (DeFi) protocol Platypus Finance said it had recovered 90% of assets that were stolen in a security breach last week.According to the October 17 announcement, developers said the protocol's net loss was limited

1. What is an STO? STO stands for security token offering. Similar to an initial coin offering (ICO), an investor is issued with a crypto coin or token representing their investment. But unlike an ICO, a security token represents an investment contract into an underlying investment asset, such as stocks, bonds, funds and real estate…

XRP (XRP) price versus Ether (ETH) reached its highest level in five years over the weekend, extending its recovery. On March 15, the XRP/ETH pair touched 0.00128 ETH for the first time since April 2020. That amounts to a 925% rebound when measured from its all-time low of 0.00013 ETH established in June 2024 and