Tokyo Electric Power Company’s Subsidiary Mines Bitcoin With Surplus Energy
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Tokyo Electric Power Company’s Subsidiary Mines Bitcoin With Surplus Energy

According to a report from Asahi Shimbun, one of Japan’s oldest national newspapers, a subsidiary of Tokyo Electric Power Co. (TEPCO) has taken an innovative step into the world of bitcoin mining. Agile Energy X, the subsidiary in question, has cleverly placed its bitcoin mining units right next to solar farms in the Tochigi and […] Source: https://news.bitcoin.com/tokyo-electric-power-companys-subsidiary-mines-bitcoin-with-surplus-energy/

Central Bank of Brazil Reveals New Use Cases to Be Tested in Its Drex CBDC Second Pilot Phase
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Central Bank of Brazil Reveals New Use Cases to Be Tested in Its Drex CBDC Second Pilot Phase

The Central Bank of Brazil disclosed a new set of use cases that will be part of the second phase of the ongoing pilot of its drex CBDC. Among the 13 instances selected from the 46 presented are platforms for tokenizing real estate, liquidity pools for trading public securities, and even automating automobile transactions. Central […] Source: https://news.bitcoin.com/central-bank-of-brazil-reveals-new-use-cases-to-be-tested-in-its-drex-cbdc-second-pilot-phase/

Coinbase Says SEC is Refusing to Cough Up Documents Critical for its Defense
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Meme Coin Takeover Teams Face Legal Entanglement, Experts Say

Much of 2024’s meme coin bull run has been pushed by community takeovers. Projects worth hundreds of millions of dollars—such as Billy and Gigachad—ended up controlled by early investors who took the reins after the original developer decided to jump ship, ultimately pushing them to new heights. Despite not creating the token in the first place, legal experts warn that…

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Bitcoin’s Hashrate Reaches 692 EH/s, Nearing 700 EH/s Milestone
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Bitcoin’s Hashrate Reaches 692 EH/s, Nearing 700 EH/s Milestone

After breaking the July 25, 2024 record on Saturday, Sept. 7, Bitcoin’s hashrate has kept climbing, now reaching an impressive 692.28 exahash per second (EH/s) on Sept. 8, which is more than 13 EH/s above the previous level. Bitcoin Smashes Another Hashrate Record, Climbing 66 EH/s in a Week On Sunday, Sept. 8, 2024, Bitcoin’s […] Source: https://news.bitcoin.com/bitcoins-hashrate-reaches-692-eh-s-nearing-700-eh-s-milestone/

Corporate Bitcoin Adoption Surges in 2024, River Report Reveals
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Corporate Bitcoin Adoption Surges in 2024, River Report Reveals

Corporate adoption of bitcoin has experienced a significant surge in 2024, according to a recent report from River, a U.S.-based bitcoin-focused financial services company. The report highlights the growing role of bitcoin in business treasuries, offering insights into key trends and future projections. Corporate Interest in Bitcoin Spikes, U.S. Companies Dominate Holdings River’s report indicates […] Source: https://news.bitcoin.com/corporate-bitcoin-adoption-surges-in-2024-river-report-reveals/

CFTC Loses Round One: Kalshi Cleared to Offer US Election Bets
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CFTC Loses Round One: Kalshi Cleared to Offer US Election Bets

A federal judge this week sided with the prediction market Kalshi’s motion for summary judgment in its legal battle with the U.S. Commodity Futures Trading Commission (CFTC). This decision opens the door for U.S. citizens to place bets on the upcoming November election. However, the ruling isn’t the final word just yet, as the CFTC […] Source: https://news.bitcoin.com/cftc-loses-round-one-kalshi-cleared-to-offer-us-election-bets/