Eric Trump has entered the Bitcoin race with a mining-first approach, aiming to acquire BTC at a fraction of market price. During Consensus 2025, he disclosed that his firm, American Bitcoin, plans to mine Bitcoin at production costs between $37,000 and $38,000 per coin. This is significantly lower than the
MTT SPORTS, the Web3-powered Texas Hold’em tournament platform, is entering a new phase of growth and optimization. In response to evolving user behavior and long-term sustainability goals, the platform is rolling out a trio of transformative updates designed to strengthen its token economy, improve user engagement, and empower community-led innovation.
The Trump family is deepening its involvement in cryptocurrency with a major move into Bitcoin mining. Eric Trump and Donald Trump Jr. have partnered with Hut 8 to launch American Bitcoin, a large-scale U.S.-based mining firm. Hut 8, a publicly traded crypto infrastructure company, will control 80% of American Bitcoin.
Pakistan is considering Bitcoin mining as a way to use excess electricity and boost its economy. The proposal was discussed during the first meeting of the Pakistan Crypto Council (PCC) on March 21. Finance Minister Muhammad Aurangzeb chaired the meeting, attended by key financial and regulatory officials. PCC CEO Bilal
The U.S. Securities and Exchange Commission (SEC) has clarified that proof-of-work (PoW) crypto mining does not trigger securities laws. In a staff statement published on March 20, the SEC’s Division of Corporation Finance confirmed that mining activities, whether solo or in pools are not investment contracts under the Howey Test.
It’s rare to see a crypto project capture both mainstream and crypto-native attention at this scale, but BlockDAG has done exactly that. With mainnet development complete and ten centralized exchange (CEX) listings looming, the Layer 1 contender is drawing millions of miners, buyers, and tech enthusiasts eager to capitalize on
Phoenix Group, the UAE’s first cryptocurrency company on the Abu Dhabi Securities Exchange (ADX), has announced plans for a dual listing on Nasdaq in 2025. This strategic move aims to enhance the company’s international market presence and strengthen its position as a global leader in blockchain and cryptocurrency. Founded in
Cryptocurrency mining traditionally requires expensive hardware, technical expertise, and significant electricity consumption. Cloud mining offers an alternative, enabling people to participate in mining without owning or maintaining physical equipment. Instead of managing the technical details, users purchase contracts from cloud mining platforms that handle the heavy lifting, including running data
The Royal Government of Bhutan has strategically accumulated Bitcoin worth over $1.1 billion, representing 34% of the nation’s GDP. This significant holding stems from Bhutan’s innovative use of its vast hydropower resources to mine. Bhutan has emerged as one of the largest state-level holders of cryptocurrency. Bhutan now ranks third
BIT Mining Ltd., formerly known as 500.com, has agreed to pay a $10 million penalty to resolve allegations of violating the Foreign Corrupt Practices Act (FCPA). The charges stem from a bribery scheme aimed at influencing Japanese government officials to secure a casino license between 2017 and 2019. Former CEO
