Key Takeaways Traditional KYC methods using centralized databases are highly susceptible to hacking. Web3 executive promoted decentralized KYC processes such as liveness detection and private biometric search. How can KYC maintain compliance... Read more »
The burgeoning company, Uminers (HK), which specializes in crypto mining equipment and facility, recently unveiled its plans to erect a new data center in the vibrant heartland of Ethiopia. This strategic maneuver... Read more »
Norway has taken a significant step towards regulating its data center industry, with the introduction of new legislation that aims to restrict energy-intensive crypto mining in the country. The move comes as... Read more »
Tether Treasury has been actively minting USDT tokens amidst choppy market conditions. In the latest development, $3 billion worth of USDT tokens were mined by the Tether Treasury within a period of... Read more »
New York CNN — Stocks started the week on a high note but ended with a whimper. The S&P 500 index on Tuesday reached a record high close for the 17th time... Read more »
Bitcoin (BTC) price has rallied more than 200% over the last year to set a record high above $73,000 on March 13. This rally has pushed investor sentiment “closer to euphoria,” characterized... Read more »
The US Department of Energy (DOE) has canceled its emergency survey of the crypto mining sector’s electricity usage after a lawsuit filed by Bitcoin data center operators. The DOE’s Energy Information Administration... Read more »
United States energy officials have reached an agreement with the Texas Blockchain Council (TBC) and Bitcoin mining firm Riot Platforms to cease its proposed emergency survey targeting crypto miners across the country.... Read more »
The Texas Blockchain Council (TBC) and Riot Platforms have launched a legal battle against federal energy officials. This move challenges what they consider an unjust demand for crypto-mining energy data. The @TXblockchain_... Read more »
The Texas Blockchain Council (TBC) and mining firm Riot Platforms filed a lawsuit over the Energy Information Administration’s attempt to gather information on energy usage from crypto miners. In a Feb. 22... Read more »