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Blockchain
Hut8 relocates 6,400 rigs, sees growth in AI & high performance computing
North American mining firm Hut8 is seeing new demand for AI and high performance computing as it looks to re-energize some 6,400 rigs being moved from its…
Binance conducts 11th LUNC burn, 2.65 billion tokens destroyed
Binance, the world’s largest crypto exchange, has burned 2.65 billion Terra Classic (LUNC) tokens in its 11th burn round.The total LUNC tokens burned by Binance…
Bittrex challenges SEC’s authority in crypto lawsuit, seeks dismissal
Bittrex, a cryptocurrency exchange, has made a notable move in its legal dispute with the United States Securities and Exchange Commission (SEC) by submitting a…
Kraken ordered by court to disclose user data to IRS for tax compliance
A federal court ordered crypto exchange Kraken to turn over account and transaction information to the Internal Revenue Service (IRS), which said it needed that…
Celsius Network approved to convert altcoins into BTC or ETH
The United States Bankruptcy Court for the Southern District of New York has approved bankrupt crypto lender Celsius Network’s plan to convert its altcoins into…
Over $204M lost to DeFi hacks and scams in Q2: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant…
FedNow “early adopter” list contains no blockchains, but some may integrate later
The Federal Reserve’s upcoming instant payment system, FedNow, released its list of certified “early adopters” on June 29. The organizations on the list have been…
$656M lost from crypto hacks, scams and rug pulls in H1 2023: Report
According to a June 30 report by Web3 security firm Beosin, the total value of cryptocurrencies lost in scams, hacks and rug pulls amounted to $656 million during…
Crypto VC is struggling only from a North American perspective — Animoca Brands CEO
The crypto space has been in an uneven state around the world, with Web3 startups flourishing in the Middle East and Asia, while North American crypto…
South Korean crypto lending firm Delio under investigation by regulators
According to a report by local news outlet Digital Asset, South Korean crypto lending firm Delio is currently under investigation by the country's Financial…