Elon Musk grabs big-name investors such as Binance, eyes Twitter’s temporary CEO role after takeover Over the last 24 hours, 19 different parties have put forward $7.1 billion in commitments to help finance Elon Musk’s $44 billion takeover of one of the world’s most popular social media platforms, Twitter.    As a result, it is...Continue Reading

Ethereum Has Had 10% Of The ETH Supply Locked In Consensus Layer Deposit Contract  Last Friday, the deposit contract for staking Ethereum (ETH) on the Beacon Chain reached over 10% of the entire supply, containing over 12 million in Ethereum. Formerly known as ETH 2.0, the deposit contract for Ethereum’s consensus layer now has ETH...Continue Reading

Blackrock Launches Blockchain ETF, Naming Cryptocurrency As One Of Three Big Opportunities Blackrock, an American multinational investment management corporation that is a leader in investment management, risk management and advisory services worldwide, has launched its blockchain ETF, offering its investors exposure to the cryptocurrency sector.    Blackrock is the world’s largest asset manager with $10...Continue Reading

Goldman Sachs Has Successfully Offered Their First Bitcoin-Backed Loan In the latest signs that Wall Street is moving towards cryptocurrency, Goldman Sachs has successfully offered its first Bitcoin-backed loan.   The secured lending facility lent cash collateralised by Bitcoin owned by the borrower, a spokeswoman for Goldman Sachs said.    “We recently extended a secured...Continue Reading

The Australian Prudential Regulation Authority Released Roadmap For Digital Assets Policy The Australian Prudential Regulation Authority (APRA) has published a letter to Australian regulatory bodies on Thursday setting out its expectations of risk management, as well as a policy roadmap for the regulation of digital assets through 2025.     Chairman Waynes Byres detailed in...Continue Reading

The First Bitcoin And Ethereum ETFs To Enter The Australian Market After many months of industry consultation, in November of 2021, the Australian Securities and Investments Commission (ASIC), approved long awaited Bitcoin and Ethereum exchange-traded funds (ETFs).   In doing so, ASIC has provided the best-practice requirements and guidelines for those issuing Bitcoin or Ethereum...Continue Reading

RMIT Supports Decentralised Autonomous Organisations (DAOs) Revitalising Precincts In The Melbourne CBD A new report out of RMIT’s Blockchain Innovation Hub, Centre for Cyber Security Research and Innovation and the Digital Ethnography Research Centre has said Decentralised Autonomous Organisations (DAOs), including a Docklands DAO, could pilot a new type of digital economic infrastructure, revitalising precincts...Continue Reading

Bitmain Releases S19 XP Hyd – Most Power-Efficient Model To Date Bitmain in mid-March released the Antminer S19 XP Hyd, a new liquid cooling miner that is its most power-efficient model to date, delivering 255 TH/s at 20.8 J/T.   Being the world’s largest manufacturer of cryptocurrency mining equipment, Bitmain’s new S19 XP Hyd has...Continue Reading

Canaan Launches New Bitcoin Mining Hardware In A12 Series As the need for use of cleaner energy in Bitcoin mining becomes paramount, Canaan has recently released its new Bitcoin Mining hardware in its A12 series, gearing up its expansion of self-mining.   The Avalon 1266 will have 100 terahash per second (TH/s) mining hashrate capacity...Continue Reading

Mining Industry Takes Centre Stage At Bitcoin Miami Bitcoin Miami was a four day event held from the 6th of April until the 9th of April as a “four-day pilgrimage for those seeking greater freedom and individual sovereignty”.    Many cryptocurrency, blockchain and Bitcoin enthusiasts have gathered together in Miami in hopes of building the...Continue Reading