February 10, 2023

Bitcoin’s 2023 Bounce Is Fizzling as SEC Turns Up Heat on Crypto

Bitcoin’s new-year rebound has hit the buffers, hampered by a crypto crackdown in the US and fears that higher-for-longer interest rates will sap investor appetite for speculative assets. The largest token’s 6% three-day retreat is the worst over such a time-span since December, while a […]
February 14, 2023

Stablecoin issuer Paxos ordered to halt creation for Binance USD

Stablecoin issuer Paxos said early Monday it will cease creating new units for the $16 billion Binance Stablecoin (BUSD) at the direction of its state regulator, the New York Department of Financial Services (NYDFS). As of February 21, Paxos will cease minting BUSD tokens. In […]
February 28, 2023

Cryptoverse: Bitcoin moves towards Satoshi’s payment dream

Satoshi Nakamoto would be proud. Adolescent bitcoin may finally be repaying its creator’s faith. The 15-year-old cryptocurrency has filled many roles – from source of speculation to hedge against inflation – but has struggled to find a clear identity. Now there are growing signs it’s […]
March 1, 2023

TeraWulf’s Nuclear Bitcoin Plant Is Just One Piece of the Green Mining Puzzle

In Northeast Pennsylvania, a unique Bitcoin mining experiment is about to come online. Called Nautilus, Terawulf is spinning up a nuclear-powered mining facility. First announced back in 2021, Terawulf said that when Nautilus is at full capacity later in Q1 this year, the facility’s fleet […]