Bitmain rolled out its efficiency-focused Antminer S21 at the WDMS, and Bitcoin miners shared their plans for boosting productivity via green energy. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-miners-focus-on-efficiency-renewable-energy-at-world-digital-mining-summit
Month: September 2023
Bitcoin miners double down on efficiency and renewable energy at the World Digital Mining Summit
Bitmain rolled out its efficiency-focused Antminer S21 at the WDMS, and Bitcoin miners shared their plans for boosting productivity via green energy. Source: https://cointelegraph.com/public/index.php/news/bitcoin-miners-focus-on-efficiency-renewable-energy-at-world-digital-mining-summit
Coinbase CEO warns against AI regulation, calls for decentralization
Brian Armstrong, the CEO of crypto exchange Coinbase, expressed his stance on artificial intelligence (AI) regulation in a recent post on the social media platform X (formerly Twitter). On Sept. 23, Armstrong explained that he believes that AI should not be regulated. According to the Coinbase CEO, the AI space needs to develop as soon as possible because of reasons…
Bitcoin miners double down on efficiency and renewable energy at the World Digital Mining Summit
Bitmain rolled out its next generation Antminer S21 and S21 Hydro ASIC miners at the World Digital Mining Summit in Hong Kong on Sept 22, revealing the crucial performance stats that the entire industry has been waiting for. The S21 has a hasrate at 200 TH/s and an efficiency at 17.5 J/T while the S21 hydro hashes at 335 TH/s…
DeFi activity on the decline, but investment rolls in: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. A new analysis by investment management fund VanEck revealed that economic activity in the DeFi sector dropped 15.5% in August. Blockchain Capital, on the other hand, announced two new crypto-focused funds totaling…
Murakami to step back from NFTs, Dan Harmon’s NFT Show debut and more…
Murakami to wind back from NFTs Acclaimed Japanese contemporary artist Takashi Murakami says he may not release anymore nonfungible tokens moving forward, after first jumping into the market in late 2021. Murakami is a world-renowned artist that has a career spanning back to the late 1980s. He has released two NFTs collections to date, firstly with the Clone X collection…
Base surges past Solana as total value locked nears $400M
The total value locked (TVL) on Coinbase’s layer 2 network Base has surged to $397.32 million in roughly a month and a half since launching in August. That figure now places Base ahead of the Solana network in terms of TVL, which has $358.96 million at the time of writing. The past 30 days have been significant for Base, with…
Bybit will suspend services in UK following financial regulator’s ‘final warning’
Headquartered in Dubai, crypto exchange Bybit said it will suspend services to residents of the United Kingdom starting in October due to “regulatory changes.” Source: https://cointelegraph.com/app/public/index.php/news/bybit-suspend-uk-services-following-regulator-warning
How are crypto firms responding to US regulators’ enforcement actions?
United States regulators including the Securities and Exchange Commission (SEC) have ongoing civil cases against major cryptocurrency firms including Binance, Coinbase, and Ripple, but not every company has been subject to the same treatment. Gary Gensler, serving as SEC chair since 2021, has been widely criticized by many lawmakers and industry leaders for a “regulation by enforcement” approach to crypto…
Bybit will suspend services in UK following financial regulator’s ‘final warning’
Headquartered in Dubai, crypto exchange Bybit said it will suspend services to residents of the United Kingdom starting in October due to “regulatory changes.” Source: https://cointelegraph.com/public/index.php/news/bybit-suspend-uk-services-following-regulator-warning