CleanSpark’s Bitcoin stash climbs to 9,952 BTC as hashrate grows
The Nasdaq-listed Bitcoin mining company is one of the world’s largest corporate BTC holders.
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Myanmar’s military government considers launching digital currency: report
Major General Zaw Min Tun of the country's military forces said rolling out a digital currency would "help improve financial activities in Myanmar." 57 Total views 4 Total shares The armed forces of Myanmar, which have been in control of the government since forcibly detaining many elected leaders in 2021, is reportedly planning to release…

Spain Remains a Primary Example of Blockchain Optimism on All Levels
On Sept. 17, Europa Press reported on the contract the autonomous community of Aragon, one of the 17 Spanish autonomous communities, signed with Alastria — a blockchain ecosystem of more than 274 entities, including companies and institutions which create blockchain-based tools in line with Spanish and European Union legal frameworks.This blockchain is aimed to improve…

3 things the crypto sector must offer to truly mainstream with TradFi
In the past year, we’ve seen the crypto economy undergo exponential expansion as heaps of money poured into various cryptocurrencies, decentralized finance (DeFi), nonfungible tokens (NFT), crypto indices, insurance products and decentralized options markets. The total value locked (TVL) in the DeFi sector across all chains has grown from $18 billion at the beginning of 2021…

Ethereum's L2 approach equals many high-throughput chains — Avail exec
A multitude of execution layers with different block times gives Ethereum a unique value proposition, Avail co-founder Anurag Arjun said. Ethereum's focus on scaling through many layer-2 networks, each with its own transaction processing speed and parameters, potentially gives the network an unlimited number of unique high-throughput chains, according to Anurag Arjun, co-founder of Avail

Alibaba Subsidiary Ant Financial Launches New Consortium Blockchain Platform for SMEs
Ant Financial — the Chinese fintech company formerly known as Alipay— has launched a new consortium blockchain platform called OpenChain.According to an announcement on April 16, the platform would allow developers and small and micro enterprises to utilize innovative blockchain tools. They can now explore the technology further and develop better applications and smart contracts…

Sonic Labs ditch algorithmic USD stablecoin for UAE dirham alternative
Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates dirham-denominated alternative. On March 22, Sonic Labs co-founder Andre Cronje said the company was working on a US dollar-pegged algorithmic stablecoin with an annual percentage rate (APR) of up to 23%, Cointelegraph reported. However, one

MEV bot scam rides AI hype to return under new name, says SlowMist
Blockchain security firm SlowMist found a growing number of people lost funds to fake trading bots that use OpenAI’s ChatGPT in the name to build legitimacy.

Jury hears Sam Bankman-Fried’s testimony: ‘A lot of people got hurt’
The former FTX CEO returned to the witness stand to present his testimony to a jury of 12 people as the criminal trial began to reach its final stages. 198 Total views 1 Total shares Defense attorneys representing Sam “SBF” Bankman-Fried questioned the former FTX CEO before a jury for the first time as they