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Chinese Authorities Pressure Bitcoin Miners to Scale Down Operations

Chinese Authorities Pressure Bitcoin Miners to Scale Down Operations

Authorities in Sichuan, China has been reportedly pressuring Bitcoin miners to scale down their operations due to electricity shortages. During the dry season, extending from October to April, the electricity supply drops in the province.

Ripple Operations Expand in Asia as it Looks to Explore CBDCs with Central Banks despite SEC Legal Pressure

Ripple Operations Expand in Asia as it Looks to Explore CBDCs with Central Banks despite SEC Legal Pressure

Despite the Securities and Exchange Commission’s lawsuit against its firm, Ripple has continued to expand its services as a fintech firm.

Launch of First Blockchain School Sets to Bring New Hope for Rwanda

Launch of First Blockchain School Sets to Bring New Hope for Rwanda

Rwanda is poised to become the next Silicon Valley of Africa. This is demonstrated by many tech businesses launching their operations in the country. Due to Rwanda’s rapid rise to become Africa’s tech hub, a new blockchain training school intends to set its foot in the country. The establishment of the school is expected to introduce new innovative ways to create new African blockchain technology-based products.

Core Scientific Partners with Foundry in Financing Deal up to $23 Million

Core Scientific Partners with Foundry in Financing Deal up to $23 Million

The financing from Foundry will enable Core Scientific and its clients to continue shifting global mining operations to North America

Ripple CEO Hints that XRP Operations Will Be Fine Despite SEC Lawsuit and Previous Failure to Settle

Ripple CEO Hints that XRP Operations Will Be Fine Despite SEC Lawsuit and Previous Failure to Settle

Ripple’s CEO Brad Garlinghouse demystified certain things pertaining to the Securities and Exchange Commission (SEC)’s lawsuit.

DeFi Liquidity Project Paradigm Labs Shuts Down, Unable to Find Niche in DEX Ecosystem

DeFi Liquidity Project Paradigm Labs Shuts Down, Unable to Find Niche in DEX Ecosystem

The ambitious DeFi liquidity project, Paradigm labs are shutting down its operations citing an inability to build a resilient business within the DEX ecosystem.

China Unlikely to Approve Oracle and Walmart’s TikTok Deal – Blockchain and Bitcoin Implications

China Unlikely to Approve Oracle and Walmart’s TikTok Deal – Blockchain and Bitcoin Implications

China appears to be on edge regarding Oracle and Walmart’s deal with parent company ByteDance for TikTok’s US operations, calling it an “unfair deal.”

What Does Oracle's TikTok Deal Mean for the US? ByteDance Confident President Trump Will Approve Deal

What Does Oracle's TikTok Deal Mean for the US? ByteDance Confident President Trump Will Approve Deal

ByteDance is confident that its deal with Oracle tech giant for TikTok’s US operations will be approved by both Chinese and American regulators.

Bitmain-Backed Digital Assets Company Matrixport Extends Its Crypto Services into Europe

Bitmain-Backed Digital Assets Company Matrixport Extends Its Crypto Services into Europe

Matrixport, a Singapore headquartered and Bitmain-backed crypto company that offers trading, lending, and custody services, extends its services into Europe through the establishment of its new Zurich office.

US Blockchain Firm Ripple Considers Relocation to UK and Singapore for Better Crypto Regulatory Clarity

US Blockchain Firm Ripple Considers Relocation to UK and Singapore for Better Crypto Regulatory Clarity

Ripple CEO explains why he is considering UK and Singapore as potential countries to move blockchain firm Ripple's operations to.

G7 Bank Sector Higher Money Laundering Risk than Crypto Industry, Reports Mexico Financial Intelligence

G7 Bank Sector Higher Money Laundering Risk than Crypto Industry, Reports Mexico Financial Intelligence

According to a report released by the Financial Intelligence Unit of Mexico, the G7 banking sector was most at risk of money laundering operations.

OKEx to Shut Down Its Crypto Business Operations in South Korea by April

OKEx to Shut Down Its Crypto Business Operations in South Korea by April

OKEX intends to shut down its crypto branch in South Korea. According to sources familiar with the talks, the move is attributed to new anti-money laundering regulations in the country.

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