Cango’s Dual Strategy for Growth Chinese automotive platform Cango, which shifted to Bitcoin mining about a year ago, is now taking a two-pronged approach to its technology operations. The company plans to strengthen its existing Bitcoin mining business while also entering the artificial intelligence high-performance computing market. This move represents a significant expansion of their…
Binance Expands Blockchain Participation Binance has officially become a validator on the Sei Network, marking another step in the exchange’s growing involvement with blockchain infrastructure. This move means Binance will now participate directly in the SEI blockchain’s block production and network security maintenance. Validators on public blockchains like Sei are responsible for recording transactions, generating…
Court Rules Against Bitcoin Claim in FBI Evidence Case A federal court has dismissed a lawsuit seeking $354 million in damages from the U.S. government over lost Bitcoin. The case involved Florida resident Michael Prem, who claimed the FBI erased a hard drive containing 3,443 Bitcoins during a criminal investigation. The court found that the…
Partnership Details and Objectives Blazpay, a decentralized payment platform, has announced a partnership with PVPFUN, a Web3 infrastructure provider. The collaboration aims to create a more integrated experience for gamers and creators in decentralized environments. According to the official announcement on X, this move could help establish what they call a community-driven, creator-centered economy within…
Ripple Expands Institutional Services with Prime Brokerage Launch Ripple has officially launched its Digital Asset Spot Prime Brokerage service, marking a significant expansion of its institutional offerings in the United States. The new platform enables over-the-counter spot transactions specifically designed for US-based institutional clients. This move represents Ripple’s continued push into the institutional crypto space,…
European Regulatory Milestone Zerohash Europe has obtained a significant regulatory approval under the European Union’s Markets in Crypto-Assets Regulation (MiCA). The Dutch Authority for the Financial Markets granted the license, making Zerohash one of the first infrastructure providers authorized to offer stablecoin services across the entire European Economic Area. This license allows the company to…
Widespread Unauthorized Mining Operations Iran’s cryptocurrency mining sector is grappling with a significant illegal mining problem that’s putting strain on the country’s power infrastructure. According to recent official statements, more than 95% of the nation’s 427,000 active mining devices are operating without proper authorization. That’s a staggering number when you think about it – nearly…
Bitpanda’s UK Market Entry Bitpanda has officially launched its crypto trading platform in the United Kingdom, marking a significant expansion for the Austrian-based company. The platform offers British investors access to more than 600 digital assets through what the company describes as a regulated and localized infrastructure. This move comes at a time when institutional…
Appeals Court Considers FTX Founder’s Retrial Motion Next week marks a critical moment for Sam Bankman-Fried as the Second Circuit Court of Appeals hears arguments challenging his conviction and 25-year prison sentence. The hearing, scheduled for November 4, will give both prosecutors and Bankman-Fried’s new defense team just 10 minutes each to present their cases….
Government Utility Adopts Bitcoin Mining Japan has taken a significant step by integrating Bitcoin mining into its national energy infrastructure. A major regional utility, partly government-owned, is now using specialized mining hardware from Canaan to help balance the country’s power grid. This marks one of the first instances where a national government is directly involved…
