crypto
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Marathon Digital Holdings (MARA) has significantly expanded its operations by acquiring two operational data centers in Hannibal and Hopedale, Ohio, totaling 222 megawatts (MW) of interconnect-approved capacity. These sites currently operate at 122 MW, with approval to expand by an additional 100 MW. Additionally, MARA is developing a 150 MW facility in Findlay, Ohio, which…
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Coinbase, the leading U.S. cryptocurrency exchange, plans to expand its workforce by approximately 1,000 employees in 2025. CEO Brian Armstrong attributes this expansion to the pro-crypto policies of President Donald Trump’s administration. Armstrong announced the hiring initiative following the White House Crypto Summit, emphasizing the administration’s supportive stance on digital assets. He noted that…
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In a historic move, Goldman Sachs has acknowledged the growing significance of digital assets in its latest annual letter to shareholders. The 2024 report highlights how blockchain technology and cryptocurrencies are intensifying competition within the financial sector. The letter notes that the rise of electronic trading, alongside blockchain and artificial intelligence, has transformed market…
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Strategy, formerly known as MicroStrategy, has expanded its Bitcoin holdings by acquiring an additional 130 BTC. This purchase, valued at approximately $10.7 million, was executed at an average price of $82,981 per BTC between March 10 and March 16, 2025. According to the company’s latest SEC filing, the acquisition was funded through the sale…
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Changpeng “CZ” Zhao, the founder of Binance, has been released from U.S. custody after completing a four-month prison sentence. Zhao was detained for failing to implement adequate Anti-Money Laundering (AML) controls at Binance, which allowed illegal transactions involving cybercriminals and terrorist groups. Zhao’s case was a result of Binance’s significant legal struggles in the U.S.…
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A new HBO documentary titled “Money Electric: The Bitcoin Mystery” has sent ripples through the cryptocurrency world, claiming to uncover the true identity of Satoshi Nakamoto, the elusive creator of Bitcoin. The film, directed by Emmy-nominated filmmaker Cullen Hoback, promises to reveal evidence pointing to a long-time Bitcoin developer, Peter Todd, as Nakamoto. However, Todd…
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Charles Schwab has announced its willingness to offer cryptocurrency trading services if U.S. regulatory laws evolve to allow it. This potential move could significantly impact the cryptocurrency market, injecting billions in investments and making crypto trading accessible to a vast number of traditional investors. CEO Walt Bettinger confirmed that Schwab is ready to act swiftly,…
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Coinbase CEO Brian Armstrong attended the first-ever White House crypto summit and praised President Donald Trump’s efforts to revitalize the industry. In an interview with Yahoo Finance Senior Reporter Jennifer Schonberger, Armstrong stated, “President Trump really breathed life back into this industry over the last few years. We really felt like we were being unlawfully…
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Bitdeer Technologies Group has completed a successful test of its SEAL02 Bitcoin mining chip, achieving an impressive power efficiency ratio of 13.5 J/TH. This milestone represents a significant advancement in energy efficiency within the mining industry, placing Bitdeer at the forefront of innovative mining solutions. SEAL02 was developed in partnership with TSMC, one of the…
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Michael Saylor, Executive Chairman of Strategy, delivered a keynote address at the “Bitcoin for America” summit in Washington, D.C., organized by the Bitcoin Policy Institute. In his speech, Saylor emphasized Bitcoin’s potential to transform the U.S. economy and advocated for the nation to secure a substantial portion of the cryptocurrency. Bitcoin as a Strategic Asset…
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Robinhood co-founder and CEO Vlad Tenev joined CNBC’s Squawk Box to discuss the U.S. administration’s establishment of a strategic Bitcoin reserve, calling it a “sensible approach” to integrating digital assets into the national financial system. His remarks followed the White House Crypto Summit, where industry leaders and policymakers convened to discuss the role of Bitcoin…
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NRG Bloom, a Canadian company co-founded and led by CEO Makir Volcy, is pioneering sustainable Bitcoin mining solutions in Africa. The company repurposes flared gas and stranded energy to power its mining operations, addressing environmental concerns while fostering technological advancement. Headquartered in Quebec, NRG Bloom has established a Bitcoin mining operation in Nigeria, utilizing…
