Paxos launches USDG, a Singapore-compliant stablecoin, partnering with DBS Bank for US dollar reserves in line with Singapore’s MAS framework. Regulated blockchain infrastructure company Paxos introduced Global Dollar (USDG), a Singapore-compliant stablecoin whose United States dollar backings are reserved and managed by DBS Bank. On Oct. 31, Paxos announced the launch of its second localized...Continue Reading
Russia’s crypto mining laws have filled the “regulatory vacuum,” but there is still a lot of legal uncertainty about many aspects of regulation. Russian President Vladimir Putin has signed a set of laws providing a regulatory framework for cryptocurrency mining operations in Russia. Although the legislation defines key legal concepts in crypto mining, industry experts...Continue Reading
Bitcoin short-term holders panic and send coins to exchanges at a loss as a BTC price U-turn gathers momentum. Bitcoin (BTC) speculators panicked as the market dipped below $70,000, the latest data confirms. Data from onchain analytics firm Glassnode shows that short-term holders (STHs) offloaded 54,000 BTC on Oct. 31 — the most since April....Continue Reading
OpenAI launched a new search feature allowing its ChatGPT chatbot to scan the web and answer queries, with executives hinting that autonomy is the big theme of 2025. OpenAI has introduced a new feature for its artificial intelligence chatbot, ChatGPT, which enhances its capability to answer questions by searching the web. On Oct. 31, the...Continue Reading
Spacecoin XYZ has unveiled its plan to launch a decentralized physical infrastructure network in outer space, which it believes will be the foundation for off-world data centers and the space economy. Spacecoin XYZ — a crypto satellite startup — has proposed a new method for launching an extra-terrestrial blockchain network that could enable a future...Continue Reading
Apple’s latest AI-infused iPhones have beaten analyst sales expectations for the quarter, pushing the tech player’s earnings past Wall Street estimates. Apple Inc’s artificial intelligence-enhanced iPhones have pushed its latest earnings past Wall Street’s expectations, but a muted outlook for this quarter dampened its share price after the bell. Apple’s fourth-quarter 2024 results on Oct....Continue Reading
Bitcoin traders are feeling bullish about a potential “nuclear” rally amid rumors of over-the-counter exchanges “running short of Bitcoin.” Bitcoin’s price clocked an 11% gain in October. While it hasn’t matched the performances of previous Octobers, traders speculate a significant price movement is imminent as over-the-counter (OTC) exchanges scramble for more Bitcoin. “Price will go...Continue Reading
Coinbase’s share price experienced its largest daily drop in over two years amid a broader stock market decline, yet traders remain bullish on the firm’s earnings prospects for 2025. Shares in crypto exchange Coinbase Global Inc (COIN) have experienced its largest significant single-day decline in over two years after its latest earnings missed analyst estimates...Continue Reading
Stephen Mollah is the latest to claim he invented Bitcoin, and a London event to show proof of the claim was reportedly “hilarious and heart-breaking.” Sporting a colorful turban, camouflage pattern pants, a black suit and a long gray beard — a man named Stephen Mollah has become the latest character claiming to have invented...Continue Reading
CleanSpark CEO Zach Bradford said it was a strategic move for the firm to increase its mining capacity in Tennessee. Bitcoin mining firm CleanSpark says its closer to realizing its plan to build 400 megawatts of capacity in the coming years after acquiring American-based infrastructure company GRIID. CleanSpark CEO Zach Bradford said he was pleased...Continue Reading
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