Bitcoin Miners Catch a Break: Network Difficulty Slides 3.34%

After four straight difficulty hikes beginning March 9, the Bitcoin network finally eased up—registering a 3.34% downward adjustment that offered miners a welcome moment of relief. Bitcoin Network Sees First Difficulty Drop... Read more »

Arizona Crushes Game-Changing Bitcoin Bill—Labels Crypto ‘Untested’

Arizona’s chance to pioneer crypto-driven public finance was abruptly halted as the governor axed a game-changing bill that would’ve let state retirement funds buy bitcoin. Arizona Governor Kills Bitcoin Bill for Public... Read more »

Phoenix Group Boosts Ethiopia Bitcoin Mining Capacity to 132 MW

Phoenix Group has expanded its Bitcoin mining operations in Ethiopia, securing an additional 52 megawatts, bringing its total capacity there to 132 megawatts and surpassing 500 megawatts globally across five countries. Development... Read more »

Texas Congressman Wants Crypto ATMs in Federal Government Buildings

The 47-year-old lawmaker submitted his proposal to a government agency that manages a real estate portfolio of 8,397 federal properties. Federal Buildings Could Get Crypto ATMs Under New Proposal Congressman Lance Gooden... Read more »

Terengganu Police Dismantle Bitcoin Mining Syndicate in Electricity Theft Crackdown

Terengganu police and Tenaga Nasional Berhad (TNB) dismantled a syndicate accused of stealing electricity to power illegal bitcoin mining operations in Hulu Terengganu and Marang districts on Tuesday, seizing 45 machines worth... Read more »

UAE Greenlights Stablecoin Issuer Circle as Money Services Provider

Stablecoin issuer Circle has secured In-Principle Approval from the Financial Services Regulatory Authority of Abu Dhabi Global Market, allowing it to operate as a money services provider. Circle Eyes Greater Role in... Read more »

Bitcoin Miners Bleed $40M in April as Fourth Straight Revenue Drop Deepens the Crunch

Bitcoin miners brought in $40 million less in revenue during April than they did in March, marking the fourth straight month of dwindling returns since December as the sector continued its downward... Read more »

Use It or Lose It’: AUSTRAC Warns Inactive Crypto Exchanges

AUSTRAC is cracking down on inactive digital asset exchanges, urging them to voluntarily withdraw their registrations or face forced cancellation to prevent criminal exploitation. Significant Proportion of 427 Registered Exchanges Inactive Australia’s... Read more »

Blockstream Spins out Mining and ASIC Divisions in Major Restructuring Effort

The bitcoin-focused technology firm closed a $210 million funding round led by Fulgur Ventures last October and is now implementing key expansion initiatives. Strategic Shift: Blockstream Carves out Mining and Hardware Divisions... Read more »

Crypto Council Letter Urges SEC to Provide Clarity on Staking

The organization is a collection of more than thirty crypto firms that lobby public institutions for better regulation of the industry. Industry Leaders Call on SEC to Define Rules for Crypto Staking... Read more »