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European game studio Maniac Panda Games aims to onboard mainstream players to Web3 with its flagship MMO title.

Startups competed in a metaverse-based Web3 reality show called Build The Block to win an investment from Binance Labs.

A Binance spokesperson told Cointelegraph that the company had forecasted the drop after its decision to end its zero-fee Bitcoin trading but that it’s “not a concern.”

Bitcoin has been busy “perfectly” mimicking its moves after the March 2020 crash, QCP Capital argues.

Christy Goldsmith Romero pointed to the collapse of FTX, Terra and Celsius in having the CFTC reconsider the way it handled risk management.

Taurus raised $65 million in a funding round three months ago. Its clients can now issue digital securities automatically.

Stablecoins could help crypto firms to remove themselves from the banking system — and prevent the U.S. government from cutting off their financial lifelines.

In a recent interview with Bitcoin Magazine, Chief Lending Officer Chase Larson and CEO Jed Meyer of St. Cloud Financial Credit Union, based in Minnesota, discussed their experiences with Bitcoin and their efforts to develop a bitcoin custody solution at the credit union. Larson shared his personal journey with digital assets, starting in 2016, and his realization of the need for accessible resources and education for individuals interested in Bitcoin. He joined the credit union in 2021 and focused on education and connecting people with resources related to cryptocurrency. Meyer emphasized the importance of understanding the material need for Bitcoin services in their community and outlined a strategic four-step approach that prioritizes education and storage, then transactional ability and banking products. Meyer highlighted their focus on education as a way to change the narrative around Bitcoin and address the risks… Read More »Looking Into The Role Credit Unions Can Play In Bitcoin Adoption

The central bank released its statement in response to comments on a CBDC discussion paper published in February 2022.

CleanSpark, Inc., a publicly traded bitcoin mining company, has released its May 2023 bitcoin mining and operations update, revealing significant growth in both its bitcoin holdings and revenue. The company’s bitcoin holdings grew by 44% in May, reaching a total of 451 BTC. Bitcoin mined during the month increased by 16% to 609 BTC.  CleanSpark’s CEO, Zach Bradford, expressed satisfaction with the company’s performance, stating, “Not only do we continue to increase the amount of bitcoin in our treasury, but we also surpassed $100 million in revenue for our fiscal year to date.” Bradford also attributed the higher-than-expected bitcoin production to increased operational efficiency and a temporary surge in transaction fees due to increased interest in Ordinals on the blockchain. During this period, CleanSpark’s daily bitcoin production reached nearly 30 BTC, almost double its normal daily production. In terms of… Read More »CleanSpark’s Latest Update Reveals Major Boost In BTC Mined Due To Fees