roadrunner

Foundry, a leading bitcoin mining company, has laid off nearly a third of its workforce as part of a broader restructuring effort. Foundry Spins off AI Arm, Cuts Jobs Bitcoin miner Foundry has laid off nearly a third (27%) of its employees, with more than half of those affected based in the U.S. According to […]View the full article

The Australian Securities and Investments Commission (ASIC) is seeking public input on various issues, including the application of existing regulations to digital assets. A Well-Regulated Financial System for All The ASIC has released a consultation paper proposing updates to Information Sheet (INFO) 225 on crypto-assets. The regulator said the evolving digital asset market necessitates updating […]View the full article

PRESS RELEASE. Geneva, Switzerland, December 3, 2024 – TRON DAO participated as a Platinum Sponsor in the Berkeley Security Summit at DevCon 2024 in Bangkok, Thailand, on November 11, 2024. Hosted by Blockchain at Berkeley, the side event brought together leading experts to explore the transformative potential of decentralized technologies. Empowering Emerging Markets through Stablecoin […]View the full article

The congressman recently unveiled a plan that proposes revamping current banking legislation. Alleged Debanking of The Crypto Industry Continues to Garner Attention Rep. French Hill (R) of Arkansas who currently serves as vice chairman of the House Financial Services Committee and as chairman of the Subcommittee on Digital Assets, Financial Technology and Inclusion, has pledged […]View the full article

The fundraising is to expand Recursive Capital’s investments in bitcoin companies exclusively on the African continent. More Support for Bitcoin Companies in Africa Recursive Capital, a venture capital firm that specializes in funding bitcoin businesses in Africa announced the Fund I’s first close on Saturday, Nov. 30. Block Chairman Jack Dorsey, chairman of Fortress Investment […]View the full article

Duvvuri Subbarao, former Governor of the Reserve Bank of India, cast doubt on Donald Trump’s proposal to impose 100% tariffs on BRICS nations if they abandon the dollar, calling it legally and practically uncertain. He questioned whether U.S. laws allow sanctions based solely on shifting away from the dollar or how such actions would be […]View the full article

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. This edition examines how Brazil might frontrun the U.S. to become the first nation to enact strategic bitcoin reserve regulations and its possible repercussions on BRICS nations’ economic policies. Latam Insights Encore: Brazil’s Hypothetical Strategic […]View the full article

Bullish news flooded the crypto markets two weeks ago as bitcoin exchange-traded fund (ETF) options launched, ethereum ETF inflows turned positive, and non-fungible tokens (NFTs) started heating up again. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. […]View the full article

Brazilian officials dismissed U.S. President-elect Donald Trump’s proposed 100% tariffs on BRICS countries as unlikely, characterizing them as rhetoric rather than actionable policies. The Brazilian foreign ministry referenced Trump’s prior unfulfilled tariff threats against China, Mexico, and Canada during his first term. Officials under President Luiz Inacio Lula da Silva described the remarks as provocations […]View the full article

Ripple warns investors of escalating scams as XRP’s value surges over 400%, urging vigilance against fraud tactics like deepfakes, phishing, and fake giveaway schemes. Ripple to Investors: Beware of Scammers Exploiting XRP’s Unstoppable Surge Ripple has raised concerns about the surge in cryptocurrency scams as the digital asset market continues to expand. The company issued […]View the full article

Wharton’s Jeremy Siegel called Trump’s 100% BRICS tariffs ironic, noting bitcoin—which Trump backs—is a bigger threat to the dollar as a global reserve. Wharton Professor: Trump’s Bitcoin Advocacy Contradicts BRICS Tariff Threats Jeremy Siegel, professor emeritus of finance at the Wharton School, commented Monday on President-elect Donald Trump’s plan to impose 100% tariffs on BRICS […]View the full article

A $113 billion asset manager has filed to launch a spot XRP ETF as the crypto’s value skyrockets over 400%, solidifying its third-largest rank. XRP ETF Proposal Filed by $113B Global Asset Manager for SEC Approval Wisdomtree, an asset manager with $113 billion in global assets under management, has submitted a registration statement to the […]View the full article

Dubai Police has partnered with blockchain analytics firm Crystal Intelligence and virtual asset broker-dealer Bitoasis to enhance security and combat economic crimes in the digital asset space. Making Dubai the ‘Safest City in the World’ Blockchain analytics firm Crystal Intelligence recently announced a partnership with the Dubai Police to identify and predict future economic crimes […]View the full article

A deep dive into Hut 8 Mining, uncovering its often overlooked business sectors. Understand its financial performance, strategic initiatives and HPC/AI developments. The following guest post comes from Bitcoinminingstock.io, providing comprehensive data, in-depth research, and analyses on Bitcoin mining stocks. Originally published on Nov. 29, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. The […]View the full article

BRICS expansion is progressing without setbacks, as no invited countries have declined partnership offers, with the finalized list expected before year-end, Russian officials confirm. BRICS Expansion Gains Momentum: No Declined Invitations Russia has confirmed that no countries have declined invitations to join BRICS as partner states, according to Deputy Foreign Minister Sergey Ryabkov. In an […]View the full article

The crypto economy is hovering around $3.41 trillion on Saturday, with core dao (CORE) stealing the spotlight by jumping 31.92% against the U.S. dollar. CRV, ENS, and THETA followed suit, climbing between 28% to 31%. Meanwhile, act 1: the ai prophecy (ACT) took a 13.39% dip, while peanut the squirrel (PNUT) slid 5.2% in the […]View the full article

U.S. President-elect Donald Trump is reportedly holding secret talks with JPMorgan CEO Jamie Dimon, fueling speculation about JPMorgan’s potential power play to shape U.S. policies. Trump and Jamie Dimon: Alleged Secret Talks That Could Influence White House Policies Speculation surrounds whether U.S. President-elect Donald Trump and JPMorgan Chase CEO Jamie Dimon have engaged in confidential […]View the full article

Former CFTC Chair boldly predicts the SEC will drop its Ripple lawsuit, heralding a regulatory shift that could ignite a major rally for XRP. Former CFTC Chair Bets SEC Will Drop Ripple-XRP Lawsuit Under Incoming Crypto-Friendly Admin Former U.S. Commodity Futures Trading Commission (CFTC) Chair Chris Giancarlo, known as “Crypto Dad” for his support of […]View the full article

Robert Kiyosaki warns bitcoin will soon surpass $100,000, urging investors to buy now before the middle class is permanently priced out by the ultra-rich. ‘Bitcoin Will Soon Break $100,000,’ Robert Kiyosaki Urges Investors to Buy Now Rich Dad Poor Dad author Robert Kiyosaki is back with more advice, advocating for gold, silver, and bitcoin as […]View the full article

U.S. President-elect Donald Trump’s 100% tariff threat against BRICS nations over a shared currency highlights rising tensions, potentially elevating bitcoin’s role as a global financial hedge. Trump’s BRICS Tariff Threat Could Strengthen Bitcoin’s Savings Role Alongside US Dollar’s Trade Utility U.S. President-elect Donald Trump has escalated his criticism of the BRICS nations, warning of significant […]View the full article

The Spanish securities watchdog, the CNMV, has approved the first tokenization license in the country, opening the doors for tokenizing real-world assets (RWA). Ursus-3 Capital, in partnership with Onyze, is the first consortium that will be able to offer this kind of service to Spanish companies seeking to enter the decentralized ledger world. “We firmly […]View the full article

The price of ether (ETH), the native token of the Ethereum blockchain, rose by 3.2% against the U.S. dollar on Saturday, breaking above the $3,700 mark. This movement contrasted with bitcoin (BTC), which dipped slightly, losing less than a percentage point. Ether Outpaces Bitcoin With Weekend Rally Above $3,700 Ether’s climb stood out amid a […]View the full article

Databricks, a data and AI company, is reportedly raising $5 billion in its latest funding round, aiming for a total of $8 billion, which could be the largest this year. Prioritizing Growth Over IPO Databricks, a San Francisco-based data analytics and artificial intelligence (AI) company, is reportedly raising $5 billion in its latest funding round, […]View the full article

Alan Joseph, a Lancaster, Massachusetts man, was convicted on Nov. 22 for running an unlicensed business that converted cash into bitcoin to aid criminal activities, the U.S. Department of Justice (DOJ) said on Tuesday. Between August 2020 and February 2021, Joseph conducted transactions, including a $25,000 cash-to-bitcoin exchange, for an undercover agent who claimed involvement […]View the full article

Russia’s new crypto tax law classifies digital currencies as property, exempts mining from VAT, and mandates detailed reporting, signaling a seismic shift in regulation. Russia’s New Crypto Tax Rules Signal a Major Shift in Digital Currency Regulations The Federation Council, Russia’s upper house of parliament, approved a government-initiated bill outlining the taxation framework for digital […]View the full article