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Bitcoin Mining Hits Record Difficulty as Countdown to 2024 Halving Begins

On Thursday, Bitcoin’s network difficulty escalated by 5.79% at block height 834,624, signaling the year’s fourth rising adjustment. The mining difficulty now stands at an unprecedented peak of 83.95 trillion,…

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Goldman Sachs, CBOE, Standard Chartered, and Others Complete Blockchain Interoperability Pilot on Canton Network

Goldman Sachs, the CBOE, Standard Chartered, and other financial institutions participated in the pilot of the Canton Network, a protocol aiming to achieve interoperability in apps using resources from various…

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Microstrategy Announces $500 Million Convertible Note Sale to Boost Bitcoin Holdings 

On March 13, the business intelligence company based in Virginia, Microstrategy, unveiled plans to generate $500 million by issuing convertible notes due in 2031. Echoing their previous fundraising efforts, the…

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Thai Rule Change Allows Asset Management Funds to Invest in Bitcoin ETFs

Thailand-based asset management funds can now launch private funds for investing in U.S. spot bitcoin exchange-traded funds (ETFs), according to the country’s securities regulator. The approval of bitcoin ETFs by…

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Peter Schiff Downplays Importance of Bitcoin Halving — Discusses ‘What Matters Most’ for BTC Price

Economist and gold advocate Peter Schiff has downplayed the significance of the upcoming bitcoin halving, emphasizing a different factor that will drive the price of the cryptocurrency. He believes what…

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New York Judge Determines SEC’s Case Against Gemini and Genesis Is Plausible for Alleged Securities Law Violations

A New York federal judge has ruled that the Securities and Exchange Commission (SEC) has “plausibly alleged” that Gemini and Genesis violated securities laws through the Gemini Earn program. Judge…

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Nigeria’s Binance Impasse: Senior Executives Detained at Government ‘Guesthouse’ for 14 Days

Tigran Gambaryan, a former U.S. federal agent, is one of two Binance executives being held without charge by Nigerian authorities. A local court approved the executives’ 14-day detention. Recent media…

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Cleartoken Secures $10M in Funding to Pioneer UK’s First Digital Asset Clearing House

On Monday, the crypto clearing house startup Cleartoken revealed that it raised $10 million from strategic investors including Nomura’s Laser Digital, Flow Traders, and LMAX Digital. Cleartoken Nets $10M to…

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Ethereum’s Dencun Upgrade Goes Live, Promises Lower Fees and Enhanced Scalability

The Dencun upgrade was seamlessly integrated into the Ethereum mainnet at 9:55 Eastern Time (ET) on March 13, 2024. The upgrade officially went live at Beacon slot 8626176. Ethereum’s Leap…

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