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Web 3 & AI Professionals Choose Dubai as New Home, But Why?

The broad spectrum of future technology is evolving fast. Lightning fast. As future tech companies have started to demand more from the cities they call home, investors also began to find themselves on an exhilarating journey. Seeking unparalleled opportunities that align with forward-thinking companies that promise not just returns, but

December 8, 2023 3 mins read

Chainwire Collaborates with Tokensoft for Boosting Crypto PR Coverage

Chainwire, a blockchain PR distribution service, has teamed up with Tokensoft, a digital asset and compliance platform. Through the arrangement, the Tokensoft ecosystem will have access to Chainwire’s world-class PR platform, enabling it to engage with cryptocurrency communities worldwide. Leading cryptocurrency ecosystems including Avalanche, The Graph, Connext Network, and Arbitrum

December 8, 2023 2 mins read

Jack Dorsey Led Block Unveils Self-Custody Bitcoin Wallet

Block led by Jack Dorsey has released a self-custody Bitcoin wallet. The makers of the wallet, which goes by the name ‘Bitkey’, said on December 7 that it would be accessible in more than 95 countries via a smartphone app or hardware storage. A secure hardware device and recovery tools

December 7, 2023 1 min read

Core Scientific, Inc. Announces Extension of Equity Rights Offering Subscription Period to December 15

AUSTIN, Texas–(BUSINESS WIRE)–$CORZQ #bitcoin—Core Scientific, Inc. (OTC: CORZQ) (“Core Scientific” or the “Company”), a leader in high-performance blockchain computing data centers and software solutions, today announced the subscription deadline for its Equity Rights Offering (“ERO”) has been extended to December 15, 2023. Shareholders of Core Scientific as of the record

December 7, 2023 6 mins read

Polychain Capital and Hack VC Lead $18 Million Funding Round for Bitcoin Staking Protocol Babylon

PALO ALTO, Calif.–(BUSINESS WIRE)–Babylon, the project that aims to build a Bitcoin-secured decentralized world, today announced the close of its $18 million funding round. The round was co-led by Polychain Capital and Hack VC, with participation from Framework Ventures, Polygon Ventures, Castle Island Ventures, OKX Ventures, Finality Capital, Breyer Capital,

December 7, 2023 7 mins read

JPMorgan CEO Jamie Dimon Criticizes Cryptocurrencies in Senate Hearing

The chief executive officer of JPMorgan Chase, Jamie Dimon, took aim at cryptocurrency—specifically Bitcoin (BTC)—during his appearance at a Senate Banking, Housing, and Urban Affairs committee oversight hearing in Washington, DC, today. Senator Elizabeth Warren probed the head of JPMorgan for his thoughts on anti-money laundering throughout the session. When

December 7, 2023 1 min read

Japan Proposes Reducing Tax on Long-term Crypto Holdings

A new tax system for businesses with cryptocurrency holdings as long-term assets is being prepared to be implemented in Japan. Positioning Japan as an influential participant in the fast-growing digital economy is a larger goal, and this step is only one component of that plan. Japanese lawmakers from the Liberal

December 7, 2023 2 mins read

France’s Societe Generale Launches Euro-pegged EURCV Stablecoin

European financial behemoth Societe Generale, the third-largest bank in France, has introduced its own euro-pegged stablecoin. According to the Financial Times, the EUR CoinVertible (EURCV) stablecoin will make its debut on the Bitstamp cryptocurrency exchange. Bank clients will be able to invest in the digital asset market with EURCV since

December 6, 2023 1 min read

Core Scientific Announces November 2023 Production and Operations Updates

Operated approximately 199,000 owned and colocated bitcoin miners Produced 954 self-mined bitcoin and an estimated 406 bitcoin from colocated miners AUSTIN, Texas–(BUSINESS WIRE)–$CORZQ #bitcoin—Core Scientific, Inc. (OTC: CORZQ) (“Core Scientific” or “the Company”), a leader in high-performance blockchain computing data centers and software solutions, today released production and operations updates

December 5, 2023 7 mins read