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Tesla Did Not Sell Its 11,509 Bitcoin, On-Chain Data Reveals
On-chain data indicates that Tesla Inc. has retained its entire Bitcoin holdings, dispelling recent speculation about a potential sale. Last week, blockchain analytics firm...
CRYPTO NEWS
BitFuFu Acquires 80-MW Facility to Boost Bitcoin Mining Operations
BitFuFu acquires an 80-MW Bitcoin mining facility in Ethiopia, aiming to reduce operational costs and increase capacity.
The Ethiopian facility will boost BitFuFu’s hosting capacity...
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$30 million international crypto fraud from 2018 kicks off trial in...
A major fraud trial involving crypto and diamond investments has opened in France, bringing over 20 defendants to court on charges of defrauding...
CRYPTO REGULATIONS
BIS urges caution as finance industry embraces asset tokenization
The Bank for International Settlements (BIS) has issued a cautionary report as traditional financial institutions accelerate their exploration of tokenization, raising concerns over...
SEC chair Gensler defends enforcement approach to crypto amid criticism
SEC chair Gary Gensler pushed back against criticism of the agency’s enforcement-driven regulatory approach to crypto during an interview on Bloomberg Technology on...
India favors CBDCs over Bitcoin, Ethereum despite top rank in global adoption
Indian regulators are considering banning private cryptocurrencies like Bitcoin and prefer the potential of central bank digital currencies (CBDCs) to offer safer and...
Coinbase files FOIA requests targeting FDIC over crypto banking restrictions
Coinbase filed two new Freedom of Information Act (FOIA) requests on Oct. 18, seeking regulatory clarity for crypto in the US.The new requests...