Revolut Business reportedly cuts crypto services ahead of new rules
The neobank will halt crypto purchases by businesses while it sorts out new ad requirements. Go to Source
Cryptocurrencies
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Zilliqa on-chain transactions plunge amid ‘technical issue’
“We are still investigating & we should be able to share an update soon,” wrote a Zilliqa community moderator. Go to Source
Unofficial Arweave forking plans draw community controversy
A hard fork proposed by Arweave’s largest layer-2 solution, Irys, is allegedly in the making. Go to Source
Bitcoin miner Cipher buys 37K Bitmain Antminers for $99.5M
The new crypto-mining equipment to be bought by Cipher is expected to deliver 7.1 EH/s of self-mining capacity by the first half of 2025. Go to Source
Hut 8 signs deal to develop new mining site to build equity with Celsius creditors
Hut 8’s new mining site in Cedarvale, Texas, will house almost 66,000 miners and will be powered by more than 215 MWof energy. Go to Source
Spot Bitcoin ETF will be ‘bloodbath’ for crypto exchanges, analyst says
Spot Bitcoin ETFs could trigger unwanted consequences for crypto exchanges like Coinbase due to lower transaction fees, according to ETF analysts. Go to Source
Palau advances CBDC with Ripple in Phase 2 of PSC program launch
Phase 2 of the PSC program will prioritize the development of a digital ecosystem and increased user engagement, emphasizing adherence to regulatory compliance. Go to Source
Who is Javier Milei, Argentina’s market-friendly president
Javier Milei, also known as “El Loco,” has proposed dissolving Argentina’s central bank and envisions a society in which contracts will replace governments. Go to Source
SEC faces accusations of contradiction in Coinbase rulemaking dispute
XRP holder’s lawyer, John Deaton, stated that the SEC’s stance in the Coinbase rulemaking dispute directly opposes the SEC Chairman’s statements during his congressional testimony earlier this year. Go to Source
Ripple’s Legal Chief predicts crypto landscape shifts in 2024
Stuart Alderoty predicts the possible resolution of Ripple’s SEC lawsuit in 2024 and lawmakers on Capitol Hill agreeing on the need for crypto regulations. Go to Source