President Biden Blocks Chinese-backed Bitcoin Mining Firm From Owning Land Near a Wyoming Nuclear Missile Base

President Biden Blocks Chinese-backed Bitcoin Mining Firm From Owning Land Near a Wyoming Nuclear Missile Base

United States President Joe Biden has issued an order prohibiting the acquisition of certain real property by MineOne Cloud Computing Investment I L.P., citing national security concerns. The order, based on findings outlined…

Investment Firm Discloses Over .8 Billion in Bitcoin ETF Holdings in SEC Filing

Investment Firm Discloses Over $1.8 Billion in Bitcoin ETF Holdings in SEC Filing

Susquehanna International Group, LLP (SIG), a global trading, technology, and investment firm, disclosed that it holds over $1.8 billion in Bitcoin exchange-traded funds (ETFs) through a 13F-HR filing submitted to the Securities and…

Sam Altman’s OpenAI reportedly in partnership talks with his other firm, Worldcoin

Sam Altman’s OpenAI reportedly in partnership talks with his other firm, Worldcoin

The potential partnership comes amid increased regulatory scrutiny for both companies. Source link

Leading Equities Firm Says Bitcoin Price Will Hit 0,000

Leading Equities Firm Says Bitcoin Price Will Hit $280,000

JMP Securities projects an unprecedented surge in Bitcoin’s value, potentially reaching $280,000. This prediction comes from the firm’s latest research report. It forecasts a substantial $220 billion influx into spot Bitcoin exchange-traded funds…

Why Is This Institutional Investment Firm Buying More Bitcoin?

Why Is This Institutional Investment Firm Buying More Bitcoin?

Michael Saylor’s institutional investment firm, MicroStrategy, announced its plan to increase its Bitcoin holdings amidst the digital asset’s price surge. MicroStrategy aims to raise $600 million for the acquisition. Presently, the firm holds…

130-Year-Old German Bank Partners With Bitcoin Consulting Firm for Innovative Offerings

130-Year-Old German Bank Partners With Bitcoin Consulting Firm for Innovative Offerings

Today, Volksbank Raiffeisenbank Bayern Mitte eG, a Bavarian cooperative bank with an ~130-year history, has entered into a long-term partnership with terahash.energy GmbH, according to a press release sent to Bitcoin Magazine. The…

Will Bitcoin Halving Put Mining Firm Riot Out of Business?

Will Bitcoin Halving Put Mining Firm Riot Out of Business?

The crypto landscape is bracing for a seismic shift with the upcoming 2024 Bitcoin halving, casting a shadow of uncertainty over mining enterprises such as Riot Platforms. Once valued at $3 billion, Riot…

KyberSwap hacker wants control, law firm says Aussie DeFi tax rules ‘non-binding’: Finance Redefined

KyberSwap hacker wants control, law firm says Aussie DeFi tax rules ‘non-binding’: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The hacker who stole over…

Crypto Trading Firm Kronos Research Confirms  Million Hack

Crypto Trading Firm Kronos Research Confirms $26 Million Hack

Taipei-based crypto trading firm Kronos Research acknowledged a security breach resulting in a $26 million hack from unauthorized access to its API keys. This incident temporarily suspended trading activities on the Woo network,…

Bitcoin Could Hit 0,000 by 2025, Says Formerly Bearish Wall Street Firm

Bitcoin Could Hit $150,000 by 2025, Says Formerly Bearish Wall Street Firm

Bitcoin’s price could surge to $150,000 by 2025, according to a new prediction by investment research firm Bernstein. In a note to clients on Tuesday, Bernstein analyst Gautam Chhugani cited optimism around the…

Tech Firm Ripple Abandons Fortress Trust Acquisition Plans

Tech Firm Ripple Abandons Fortress Trust Acquisition Plans

Ripple brushes Fortress Trust acquisition plans off the table. Just weeks after announcing plans to buy Fortress Trust to broaden its US licensing portfolio, fintech leader Ripple has unexpectedly backed out of the…

Bitbuy enters strategic partnership with Canadian crypto ATM firm Localcoin

Bitbuy enters strategic partnership with Canadian crypto ATM firm Localcoin

Canadian fintech corporation WonderFi, a firm backed by billionaire Kevin O’Leary, recently announced a strategic partnership between Bitbuy and cryptocurrency ATM provider Localcoin ATM. The partnership, announced on Sept. 18, will shore up…

Salesforce Ventures Lead M Seed Extension Investment in NFT Intelligence Firm Mnemonic

Salesforce Ventures Lead $6M Seed Extension Investment in NFT Intelligence Firm Mnemonic

NFT data firm Mnemonic has secured a $6 million seed extension round led by Salesforce Ventures. Other participants of the fundraiser include Polygon Ventures, Orange DAO, FIN Capital, and FJ Labs. The latest…

BitGo Announces Preliminary Deal To Acquire Prime Trust Custody Firm

BitGo Announces Preliminary Deal To Acquire Prime Trust Custody Firm

BitGo Holdings, Inc., has announced its intention to acquire Prime Core Technologies, Inc., the parent company of Prime Trust. According to a blog posted by BitGo, the acquisition aims to bring business continuity,…

How My Bitcoin Mining Firm Is Surviving Crypto Winter, Again

How My Bitcoin Mining Firm Is Surviving Crypto Winter, Again

This is an opinion editorial by Sergii Gerasymovych, CEO and Co-Founder of EZ Blockchain, a bitcoin mining company focused on using wasted and underutilized energy. We’ve been here before. This is the second…

PayPal Ventures Leads M Funding Round for Web3 Firm Magic

PayPal Ventures Leads $52M Funding Round for Web3 Firm Magic

San Francisco-based wallet-as-a-service (WaaS) provider Magic has raised $52 million in a strategic funding round led by PayPal Ventures bringing the firm’s valuation to just under $500 million. Other participants of the fund…

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