Circle acquired USYC issuer Hashnote for a total market capitalization of $1.30 billion. Circle also announced an agreement with DRW-owned cryptocurrency trading firm and market maker Cumberland to provide liquidity and facilitate settlement for USDC and USYC. The partnership aims to expand USYC as a form of collateral for exchanges and custody platforms.
On January 21st, distributed ledger technology provider Hashgraph announced a strategic partnership with Swiss digital asset platform Taurus. The two parties will jointly provide digital asset custody, staking and tokenization solutions. Through this partnership, Hashgraph will use the Taurus-PROTECT and Taurus-CAPITAL platforms to support enterprises and their use of blockchain technology, providing institutional investors with more secure and efficient digital asset services.
Simon Kim, CEO of crypto venture capital fund Hashed, said in an interview that he believes the future of artificial intelligence depends on a fundamental shift: breaking the black box of centralized models like OpenAI and building decentralized, transparent ecosystems powered by blockchain. "AI is being centralised," he says. "OpenAI is not open and is controlled by a very small number of people, so it's very dangerous. Making this [closed-source] base model is like making a'god ', but we don't...
Listed bitcoin miners have followed in MicroStrategy's footsteps and increased their holdings of bitcoin coffers, according to a report published on January 7 by Nice Hash and Digital Mining Solutions. "In 2024, there has been a significant shift in bitcoin miners, with several companies choosing to keep more of their output or not sell at all," the report noted. Miners may not sell bitcoin for a number of reasons, including the expectation of further appreciation in the price of BTC or strength...
According to a report released by NiceHash and Digital Mining Solutions on January 7, listed bitcoin miners have followed in the footsteps of MicroStrategy and increased their holdings of bitcoin coffers. "In 2024, there has been a significant shift in bitcoin mining, with several companies choosing to keep more of their output or not sell it at all," the report notes. Mining companies may not sell bitcoin for a variety of reasons, including the expectation of further appreciation or strengtheni...
On January 7, HashKey Group announced that it has received VASP registration approval from the Central Bank of Ireland, expanding the market to Ireland. Under the European Union's Fifth Anti-Money Laundering Directive (AMLD5), all crypto service providers in Ireland are required to register with the Central Bank for anti-money laundering (AML) and counter-terrorism financing (CFT) measures. The VASP license approval allows HashKey to provide a variety of crypto services, including fiat-cryptocur...
According to CoinWarz data, the Bitcoin hash rate (the total computing power that protects the Bitcoin network) reached an all-time high of 1,000 EH/s on January 3, which is almost double the network hash rate 12 months ago. As of now, the Bitcoin hash rate is 809.3 EH/s.
According to CoinWarz data, the Bitcoin hash rate (the total computing power that protects the Bitcoin network) reached an all-time high of 1,000 EH/s on January 3, which is almost double the network's hash rate 12 months earlier. CoinWarz data shows that in January 2024, Bitcoin's hash rate hovered around 510 EH/s. As of press time, Bitcoin's hash rate has fallen back to around 780 EH/s.
TheMinerMag data shows that the United States accounts for more than 40% of the Bitcoin network's hash rate, with two US-based mining pools, Foundry USA and MARA Pool, accounting for more than 38.5% of all mined blocks. According to TheMinerMag, Foundry USA's hash rate grew from 157 EH/s in early 2024 to around 280 EH/s in December. Foundry is currently the largest single mining pool by hash rate, controlling around 36.5% of the total hash rate of the Bitcoin network.