Hut 8 provides update on North Bay Facility

    Hut 8 Mining Corp 2023-03-29 49926 views Trending
    This news release constitutes a "designated news release" for purposes of the Company's prospectus supplement dated August 17, 2022 to its short form base shelf prospectus dated August 5, 2022. TORONTO, March 28, 2023 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or the "Company"), announces that it has served and filed an amended statement of claim in the Ontario Superior Court of Justice (the "Amended Claim") against Validus Power Corp. and its subsidiary, Bay Power Corp. (collectively, "Validus"), a third-party supplier of energy to the Company's mining facility in North Bay, Ontario.

    Uniswap Goes Live on BNB Chain: Fueling DeFi Growth and Attracting Millions

    coinwire 2023-03-29 53533 views DeFi
    Uniswap, the decentralized exchange protocol with the highest trading volume, has announced that it is now live on BNB Chain. The deployment of Uniswap Protocol v3 on BNB Chain was made possible after it received 66% of voter support. This move is significant as it has the potential to provide users with more efficient and cost-effective trading options, while also tapping into new geographical markets.

    Judge halts Voyager's sale to Binance.US pending government appeal

    coingeek 2023-03-29 35172 views Policy
    The latest chapter in the Voyager sale saga saw a federal judge temporarily halt Voyager’s attempt to sell its assets to Binance.US after federal regulators opposed the deal. On March 27, District Judge Jennifer Rearden of the U.S. District Court for the Southern District of New York granted the government’s emergency application for a pause in the sale of Voyager, pending an appeal launched by the U.S. Department of Justice (DoJ) earlier this month—an appeal which had previously been dismissed by bankruptcy Judge Michael Wiles on March 15.

    Sam Bankman-Fried Faces New U.S. Indictment Over Chinese Bribery Charge

    coindesk 2023-03-29 65260 views Trending
    A superseding indictment was shared on Wednesday morning. A Federal judge also approved new bail restrictions for the FTX founder. U.S. prosecutors unveiled a new indictment against FTX crypto exchange founder Sam Bankman-Fried Tuesday, adding a bribery charge on top of the 12 other charges he already faces. The former FTX CEO faces charges of fraud, conspiracy and trying to evade U.S. campaign financing laws. Bankman-Fried was arrested last year but released on bond, although the specific terms of his release have been under discussion by both prosecutors and his defense team.

    European Banking Federation shares its vision of digital euro,wCBDC, bank tokens

    cointelegraph 2023-03-29 71958 views Trending
    The EBF calls itself the voice of the European banking sector; it expressed its support for European digital money, with suggestions of its own. The European Banking Federation (EBF) has released a paper detailing its vision for the digital money ecosystem of the future, and the retail digital euro in particular. The carefully worded paper expressed values and concerns about the digital euro from the perspective of commercial banks.

    Nvidia Claims That Crypto is Not Meant to Bring Anything Useful

    coinwire 2023-03-28 65833 views AI
    Despite the fact that the company’s powerful processors sell in large amounts to the sector, Nvidia, a well-known American chip giant, has declared that cryptocurrencies do not “bring anything useful for society.” According to the company’s chief technology officer, Michael Kagan, alternative uses of computing power, such as the artificial intelligence chatbot ChatGPT, are more valuable than mining cryptocurrency.

    Symplify and nChain announce groundbreaking partnership in responsible gaming and blockchain technology

    coingeek 2023-03-28 43420 views WEB3
    LONDON, MARCH 24, 2023 – Symplify and nChain are thrilled to announce a strategic partnership aimed at revolutionising the world of responsible gaming using blockchain technology. The two companies will collaborate to develop cutting-edge solutions that will bring an enhanced layer of efficiency, security, and transparency to the industry. Symplify is a market leader within the iGaming industry and a provider of customer experience, CRM engagement and onsite personalisation solutions. nChain will reinforce Symplify’s product offering as a leading innovator in Web3 and enterprise blockchain technology. Together, they will combine their unique strengths and capabilities to deliver innovative products that will transform the way businesses will operate in the iGaming space.

    US Crypto Firms Eye Overseas Move Amid Regulatory Uncertainty

    coindesk 2023-03-28 62064 views Trending
    Citing an ongoing regulatory crackdown, crypto companies are considering shifting to more favorable jurisdictions. Jeff Wilser reports. I recently spoke with U.S. Senator Cynthia Lummis (R-Wyo.), aka “the Crypto Queen,” who wants to pass legislation that will bring regulatory clarity to the cryptocurrency space. She’s frustrated it hasn’t yet happened. “The failure of the United States Congress to enact policy is pushing the industry to other countries,” she said. “Europe is ahead of us in terms of its regulatory framework. Australia and the U.K. are getting ahead of us. Switzerland is far ahead of us.”

    Breaking: Binance and CZ sued by CFTC over US regulatory violations

    cointelegraph 2023-03-28 52755 views WEB3
    The cryptocurrency exchange and its founder, Changpeng Zhao, have allegedly violated trading and derivatives rules. The United States Commodity Futures Trading Commission (CFTC) has filed suit against Binance and CEO Changpeng “CZ” Zhao for trading violations, according to a Bloomberg report. The suit was filed in the U.S. District Court for the Northern District of Illinois.

    What the EU's anti-money laundering regulations mean for crypto

    theblock 2023-03-27 59751 views NFT
    · MEPs look to adopt their anti-money laundering regulation bill on Tuesday in a joint committee vote. · Crypto payments, NFTs, DeFi and DAOs will be affected by the rules outlined in the bill. · Changes to the rules could still take place after the file enters inter-institutional negotiations. Crypto assets are featured in the European Union’s anti-money laundering package and have taken up considerable space in negotiations. On Tuesday, policymakers in two of the European Parliament’s committees overseeing the bill will vote on adoption of the text.
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