Cointelegraph By Brayden Lindrea
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UAE researchers launch blockchain carbon trading platform at COP28
Cointelegraph By Brayden Lindrea - 0
An Abu Dhabi government-affiliated research center has announced the launch of a new blockchain-powered carbon tracking and trading platform, amid efforts from the United Arab Emirates government to lower emissions toward net zero.The new blockchain was unveiled at the latest the United Nations Climate Change Conference (COP28) on Dec....
DEBT Box urges judge to toss suit as SEC got case ‘badly wrong’
Cointelegraph By Brayden Lindrea - 0
DEBT Box and other defendants in a Securities and Exchange Commission lawsuit want the case tossed after the court found the agency lied to secure a temporary restraining order against them.“The SEC got this case wrong. Badly wrong,” lawyers for Digital Licensing Inc., which does business as DEBT Box,...
Coinbase rolls out crypto transfers via links sent on WhatsApp, Telegram
Cointelegraph By Brayden Lindrea - 0
A new feature from Coinbase Wallet allows for the transfer of crypto through a link that can be sent through some of the most popular social media sites and messaging apps as the crypto exchange looks to make its service accessible to a wider market.“Users can now send money...
Riot Platforms buys $291M in BTC rigs as miners rake it in from Ordinals
Cointelegraph By Brayden Lindrea - 0
Bitcoin miner Riot Platforms is buying 66,560 Bitcoin mining rigs from manufacturer MicroBT, in one of its largest orders of hash-rate in the firm’s history — ahead of the Bitcoin halving scheduled for April 2024.The additional purchase agreement totaled $290.5 million, Riot stated in a Dec. 4 statement —...
Bitcoin the ‘main beneficiary’ as crypto funds notch 10-week streak
Cointelegraph By Brayden Lindrea - 0
Bitcoin (BTC)-related investment products have become the “main beneficiary” of recent investor interest in crypto, amid growing anticipation of a spot Bitcoin ETF approval in the United States. A total of $1.76 billion of investors’ funds have flowed into crypto products over a 10-week period, making up for...
Bitcoin is of ‘national strategic importance’ says US Space Force officer
Cointelegraph By Brayden Lindrea - 0
The United States needs to formally investigate using proof-of-work networks such as Bitcoin (BTC) to protect the country from cyber-inflicted warfare, according to Jason Lowery, a member of the United States Space Force.In a four-page letter to the U.S. Defense Innovation Board on Dec. 2, Lowery explained that while Bitcoin is...
Australia’s confusing new crypto tax guidance is ‘toilet paper,’ says law firm
Cointelegraph By Brayden Lindrea - 0
Australia's controversial new guidelines for cryptocurrency taxation should be ignored for being unclear and should probably be seen as “toilet paper,” according to an Australian law firm.On Nov. 9, the Australian Tax Office (ATO) released guidance that could impact how investors and traders involved in decentralized finance report their...
November most ‘damaging’ month in 2023 as thieves pilfer $363M in crypto
Cointelegraph By Brayden Lindrea - 0
The cryptocurrency industry has now seen its most "damaging" month for crypto thievery, scams, and exploits, with crypto criminals walking away with $363 million in November, according to a blockchain security firm.Around $316.4 million came from exploits alone, flash loans inflicted $45.5 million in damage, and $1.1 million was...
Sam Altman officially returns to OpenAI as Microsoft finally joins board
Cointelegraph By Brayden Lindrea - 0
Sam Altman, one of the founders of OpenAI, has officially returned to office as the firm’s CEO, ending a whirlwind few weeks caused by his abrupt and unexpected temporary departure. Addressing OpenAI employees in a company memo made public on Nov. 29, Altman confirmed that interim CEO Mira Murati will step...
Crypto exchange FTX gets nod to sell $873M of assets to repay creditors
Cointelegraph By Brayden Lindrea - 0
Bankrupt crypto exchange FTX has been given the green light to sell around $873 million of trust assets, with proceeds used to repay creditors impacted by the exchange’s collapse in 2022, according to a Nov. 29 filing in a Delaware bankruptcy court.The $873 million in assets will be sourced...