Riot Platforms Made Over $280 Million Last Year, New Annual Report Reveals

Riot Platforms Made Over $280 Million Last Year, New Annual Report Reveals

Last updated: February 23, 2024 15:27 EST | 2 min read Image by Luisa, Adobe StockBitcoin mining operation Riot Platforms made over $280 million last year alone, the company’s 2023 annual report released Thursday, February 22, reveals. Riot Platforms’ Record Performance “I am pleased to announce results for Riot for 2023, which proved to be […]

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Chinese Prosecutors Promise Increased Punishment for Blockchain and Metaverse Crimes

Chinese Prosecutors Promise Increased Punishment for Blockchain and Metaverse Crimes

Image by Brian Yue, MidjourneyCriminals engaging in illicit operations through the use of blockchain technology and metaverse projects will face increased repercussions, China’s highest prosecutor said today. In a press conference hosted by the China’s Supreme People’s Procuratorate on February 23, spokesperson Li Xuehui highlighted a surge in cybercrime occurring within blockchains and the metaverse.

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Top Crypto Gainers Today on DEXTools – PorkX, Zapi, XRGB

Top Crypto Gainers Today on DEXTools – PorkX, Zapi, XRGB

Last updated: February 23, 2024 14:59 EST | 3 min read Top Crypto Gainers Today on DEXTools As the AI stock pump on Wall Street eases and major cryptocurrencies trade mostly trading in the red on Friday, highly risk-tolerant crypto degenerates are hunting for top crypto gainers today in the unregulated on-chain shitcoin markets. Bitcoin

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AIGOLD: At the Forefront of Blockchain, AI, and Physical Gold

AIGOLD: At the Forefront of Blockchain, AI, and Physical Gold

Regardless of whether you’re new to the cryptocurrency industry or you’ve been part of it for a while, there’s a very common comparison going on for many years – that between Bitcoin and physical gold. In fact, many investors, including traditional ones, are calling Bitcoin “digital gold” because of the qualities that it brings to

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South Korea With a Clever Way to Collect Crypto Taxes: And It’s Paying Off

South Korea With a Clever Way to Collect Crypto Taxes: And It’s Paying Off

In 2023, Gyeonggi Province, the most populous province in South Korea, collected millions of dollars from tax evaders by tracking their crypto assets on several centralized exchanges. According to a report by local media Yonhap News Agency, the Gyeonggi Tax Justice Department accrued 6.2 billion won ($4.67 million) in undeclared taxes from evaders by using

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Reddit Is Invested In Bitcoin and Ethereum, SEC Filing Shows

Reddit Is Invested In Bitcoin and Ethereum, SEC Filing Shows

Social media platform Reddit filed an S-1 registration statement with the Securities and Exchange Commission (SEC) on Thursday in a bid to go public on the New York Stock Exchange (NYSE). The filing revealed that the company had invested some of its “excess cash reserves” into multiple cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH). According

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Gauntlet Will End Contract With AAVE DAO

Gauntlet Will End Contract With AAVE DAO

Aave, the popular decentralized lending platform belonging to the company now known as Avara, will have to look for a new company to provide risk management services following its recently announced split with Gauntlet. The decision was announced by Gauntlet co-founder John Morrow on the AAVE forums yesterday evening. Running The Gauntlet According to Morrow,

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Japanese Mega-firms Mitsubishi UFJ, Rakuten, Mizuho to Launch Security Tokens Offering

Japanese Mega-firms Mitsubishi UFJ, Rakuten, Mizuho to Launch Security Tokens Offering

Last updated: February 22, 2024 18:30 EST | 1 min read Security tokens are set for a boost in Japan, where business giants including Mitsubishi UFJ, Mizuho Bank, and Rakuten will launch an offering that pays interest in “electronic money.” In a press release, the firms explained that the new ST offering will take place on

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Bitcoin ETFs Return To Outflows Amid GBTC Sale Revival

Bitcoin ETFs Return To Outflows Amid GBTC Sale Revival

Last updated: February 22, 2024 17:59 EST | 1 min read Source: AdobeStockBitcoin ETFs had their first day of net negative outflows for the month of February on Wednesday– a possible sign that hype around the investment vehicles is starting to die down. According to data compiled from BitMEX Research, the Grayscale Bitcoin Trust (GBTC)

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Reddit Holds Bitcoin (BTC) and Ether (ETH), According to IPO Filing

Reddit Holds Bitcoin (BTC) and Ether (ETH), According to IPO Filing

Last updated: February 22, 2024 16:53 EST | 1 min read Source: DALL·E Household social media platform Reddit holds Bitcoin (BTC) and Ether (ETH), according to a public IPO filing. The disclosure comes after Reddit filed to go public with the Securities and Exchange Commission (SEC) under the ticker “RDDT”. RDDT is expected to start

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