TeraWulf Open to Bitcoin Miner Merger Focused on Profit, Not Expansion
Jul 08, 2024 08:15 am UTC| Digital Currency Technology
TeraWulf, a leading Bitcoin mining company, is open to mergers if they enhance profit margins. Chief Strategist Kerri Langlais emphasized that expansion for the sake of growth, without profitability, is not the companys...
Judge Partially Dismisses $1B Lawsuit Against Microsoft, OpenAI, and GitHub Over AI Code Use
Jul 08, 2024 08:01 am UTC| Technology Digital Currency
A judge has partially dismissed a billion-dollar class action lawsuit against Microsoft, OpenAI, and GitHub regarding the alleged unauthorized use of intellectual property to train the AI coding tool GitHub Copilot. The...
Crucial House Vote on Overturning Biden’s SAB 121 Veto: Key Events to Monitor
Jul 08, 2024 07:59 am UTC| Digital Currency Technology
This week, the US House will decide whether to overturn Bidens veto of SAB 121, a pivotal moment for the cryptocurrency industry. House Decision on Bidens Veto Crucial for Crypto Sector House members are expected to...
Germany Retains $2.2B in Bitcoin, Market Faces Uncertainty
Jul 08, 2024 07:05 am UTC| Digital Currency Technology
Germanys $2.2 billion Bitcoin holdings are contributing to market uncertainty, according to Arkham Intelligence data. Significant Bitcoin Reserves in Germany Both the sales of Bitcoin (BTC) in Germany and the...
Ethereum's Scarcity Outpaces Bitcoin as ETF Anticipation Fuels Demand Surge
Jul 08, 2024 00:20 am UTC| Digital Currency Technology
Ethereums scarcity is outpacing Bitcoin as ETF anticipation and rising investor interest drive a significant demand surge for ETH. Analyzing Ethereum and Bitcoin Exchange Balances The digital currency Ethereum (ETH)...
Taiwan Central Bank: No Timetable for CBDC, Public Hearings Set for Next Year
Jul 07, 2024 23:58 pm UTC| Digital Currency Technology
Taiwans central bank confirmed on Sunday there is no set timetable for its CBDC launch, highlighting the complexity of the process and planning public hearings next year. Challenges in Digital Currency...
Crucial Alert: Shiba Inu (SHIB) Community Warns of Fraudulent Schemes Misusing Its Name
Jul 07, 2024 23:36 pm UTC| Digital Currency Technology
The Shiba Inu community has issued a crucial alert, warning users to be wary of projects misusing the SHIB moniker for fraudulent purposes. Crucial Alert from Shibarmy Through its Shibarmy Scam Alerts account, the...
U.S. payrolls exceeded expectations significantly, while the unemployment rate dropps to 4.1%.