Beleaguered Japanese crypto exchange DMM Bitcoin is set to cease operations after transferring its assets to SBI VC Trade Co. DMM Bitcoin Takes Action to Avoid Inconveniencing Users Beleaguered Japanese crypto exchange DMM Bitcoin is set to cease operations. Its assets will be transferred to SBI VC Trade Co., a subsidiary of SBI Holdings, Inc. […]
Dubai Regulator Orders 7 Unlicensed Crypto Exchanges to Stop Operations
The Dubai Virtual Assets Regulatory Authority (VARA) has taken action against seven unlicensed crypto entities for operating without licenses and violating marketing regulations. VARA has issued cease-and-desist orders and imposed fines on these entities. The regulator warned the public of the risks associated with dealing with unlicensed crypto businesses, emphasizing the potential for financial and […]
KIVA AI Secures $7M to Transform AI Development With Enhanced Human Feedback Operations
PRESS RELEASE. KIVA AI, a promising new platform dedicated to advancing AI technology through improved data curation and human feedback, has successfully raised $ 7 million in a funding round led by Brooklyn-based Web3 investor CoinFund. The round attracted participation from a lengthy and diverse range of funds and family offices including Paper Ventures, …
JAN3 CEO Samson Mow Warns of ‘Covert Operations’ to Subvert State-Level Bitcoin Adoption
JAN3 CEO Samson Mow suggested that traditional financial institutions operate in the shadows to prevent more nations from following El Salvador’s path of integrating Bitcoin into their financial systems. Mow commented on a specific case involving the World Bank and another nation. JAN3 CEO Samson Mow: ‘Covert Operations’ Are Undermining Countries’ Will of Adopting Bitcoin […]
MARA Launches Pilot to Harness Shale Gas for Bitcoin Mining Operations
MARA, one of the largest bitcoin miners in the public market, has kicked off an exciting new pilot program aimed at powering its operations with excess natural gas from U.S. shale, as noted in a report from Reuters. This initiative emerges amidst an ongoing battle for electricity between artificial intelligence (AI) data centers and bitcoin […]