Warning: Constant WP_MEMORY_LIMIT already defined in /home/digit/public_html/wp-config.php on line 98
News Bytes – Page 84 – DIGIT INFO

Tether CEO Announces Plans to Open-Source Bitcoin Mining Operating System

Tether CEO Paolo Ardoino announced that the company will work towards open-sourcing its Bitcoin Mining Operating System (MOS), aiming to enable a new wave of bitcoin mining companies to enter the market and enhance network security. The MOS is designed to create a level playing field by reducing the reliance on third-party hosted software, thereby … Read more

The Blockchain Group Unveils $343 Million Capital Program to Boost Bitcoin Treasury Strategy

The Blockchain Group (Euronext Paris: ALTBG) has announced the launch of a $343 million (€300 million) “ATM-type” capital increases program in partnership with TOBAM, a leading asset management firm and strategic investor. This program, inspired by the U.S. “At The Market” (ATM) offering structure, is designed to accelerate the company’s Bitcoin Treasury strategy by increasing … Read more

Central African Republic to Launch Tokenized Land Sales on Solana

The Central African Republic (CAR) is set to launch a new platform allowing global investors to purchase tokenized land concessions using the CAR token on Solana. President Faustin-Archange Touadéra stated that these land parcels are cleared, registered, subdivided, and connected by roads, making them ready for agriculture or construction. However, these initial offerings do not … Read more

US Seizes Crypto and 145 Domains From Identity Theft Marketplace

The U.S. Department of Justice (DOJ) has seized 145 domains and cryptocurrency funds tied to the BidenCash identity theft marketplace, a dark web platform that trafficked in stolen payment card data and personal information. Operational since March 2022, BidenCash facilitated the sale of more than 15 million compromised records, serving over 117,000 users and generating … Read more

Gemini Files for IPO, Eyes Public Listing Amid Growing Crypto Momentum

Cryptocurrency exchange Gemini has taken a major step toward going public after submitting a document to kick-start the initial public offering (IPO) process. According to a June 6 statement, the company has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC). While details such as the number … Read more

National Bank of Kazakhstan Launches Crypto Card Pilot Project

On Tuesday, the National Bank of Kazakhstan announced the launch of one of its digital assets integration projects, the implementation of crypto cards. These cards, which allow users to complete non-cash purchases, are linked to wallets containing cryptocurrency that can be liquidated at the time of a transaction, allowing merchants to receive money after the … Read more

Listed UK Miner to Convert Gold Income to Bitcoin, Stock Jumps

The listed gold mining company Bluebird Mining Ventures said on June 5 it has adopted a strategy of converting gold into digital gold. Under the initiative, income streams from gold mining projects will be recycled into a proactive “Bitcoin in Treasury” management approach. This strategy, which will be achieved while maintaining minimal corporate overhead, is … Read more

Moscow Exchange Opens Bitcoin Futures to Select Investors

Russia is entering the cryptocurrency derivatives market, as the Moscow Stock Exchange kicked off bitcoin futures trading on June 4, limited exclusively to “highly qualified” investors. This move comes as Russia cautiously experiments with crypto-related financial instruments, amid ongoing regulatory uncertainty. These new contracts are linked to Blackrock’s bitcoin exchange-traded fund (ETF), the Ishares Bitcoin … Read more

Bitcoin Craters to $100K as $837M in Crypto Positions Vanish

On Thursday, bitcoin dipped to $100,426, shedding nearly 4% of its value in a single day. Bitcoin (BTC) spent the day under pressure, sliding from just above $104,000 to about $100,500 per coin. While it hasn’t slipped beneath the six-figure line, the cryptocurrency has now held above $100K for 29 consecutive days—a record-setting stretch for … Read more

Uber Eyes Stablecoins to Cut Global Payment Costs, CEO Says Bitcoin Is a ‘Proven Commodity’

Speaking at the Bloomberg Tech conference in San Francisco on June 5, Uber CEO Dara Khosrowshahi said the company is actively studying stablecoins as a potential payment method. Uber CEO Dara Khosrowshahi emphasized the practical benefits of using stablecoins, particularly for international transactions. “We’re still in the study phase,” he said, noting that global firms … Read more

You have not selected any currencies to display