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Why the world’s second-largest Bitcoin mining power is shutting down rigs in its capital city

Why the world’s second-largest Bitcoin mining power is shutting down rigs in its capital city

2 weeks ago by Crypto InsightsCrypto

Crypto mining was banned in Moscow, the surrounding Moscow Region and parts of Kursk, with the restrictions set to run through Dec. 31, 2032. The measure, established under government decree No. 936, also prohibits participation in crypto mining pools. The decree was signed on July… Read More

World Foundation raises $52.5 million in new funding round lead by Pantera Capital

World Foundation raises $52.5 million in new funding round lead by Pantera Capital

1 month ago by Crypto InsightsCrypto

Poised to become the world’s most prominent “real humans’ network”, the project previously known as Worldcoin aims to establish an identity layer to distinguish unique individuals from automated bots. The protocol relies on custom hardware, known as an Orb, to issue credentials without compromising user… Read More

CZ wants to make the U.S. the ‘capital of crypto’: State of Crypto

CZ wants to make the U.S. the ‘capital of crypto’: State of Crypto

2 months ago by Crypto InsightsCrypto

CZ told CoinDesk over the course of two interviews that he saw multiple causes for crypto’s 2026 bear market including investors moving funds to AI, geopolitical events and the usual four-year crypto market cycle. He laid out his goals for Binance.US — the U.S. crypto… Read More

A look at how falling Bitcoin prices, capital structure changes pushed STRC below $83 in just five weeks.

A look at how falling Bitcoin prices, capital structure changes pushed STRC below $83 in just five weeks.

2 months ago by Crypto InsightsCrypto

May 26: The company confirmed it had used its cash reserve to finance the bond repurchase. The transaction had reduced the fund to $871 million. The buyback reduced that reserve to roughly six months of STRC dividend coverage. The company had previously said the plan… Read More

Crypto exchanges are morphing into stock brokerages to stop capital from fleeing to Wall Street

Crypto exchanges are morphing into stock brokerages to stop capital from fleeing to Wall Street

3 months ago by Crypto InsightsCrypto

A significant transformation is currently underway across the established cryptocurrency market. The top crypto exchanges are morphing into multi-asset financial platforms, breaking down the traditional barriers that once kept crypto and Wall Street completely apart. Crypto exchange OKX rolled out 13 new “X-Perp” markets for… Read More

US Senators Urge Regulators to Clarify Crypto Capital Rules

US Senators Urge Regulators to Clarify Crypto Capital Rules

3 months ago by Crypto InsightsCrypto

A group of Senate Republicans has urged US financial regulators to clarify the capital standards for companies engaged in crypto activities. Senator Cynthia Lummis said on Thursday that she led the group in sending a letter on May 27 to Federal Reserve Vice Chair for… Read More

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