Bitcoin Miner Iris Energy Revives High-Performance Computing Strategy Amid Booming Interest in AI
Miners are increasingly looking to fill data center space with AI and cloud computing.Source
Cardano’s ADA Paints ‘Death Cross’ Amid Regulatory Uncertainty
Moving average crossovers are lagging Indicators. That said, the latest death cross is consistent with the dour regulatory outlook.Source
Australian Payment Provider Cuscal Imposes New Restrictions on Crypto; Industry Body Criticizes Move
Payments provider Cuscal, through its partner Zepto, has brought new banking restrictions on cryptocurrency exchanges in Australia.Source
Startup Arbol Unveils AI and Blockchain-Powered Climate Insurance Platform
The market for climate insurance is estimated to triple in the next decade.Source
First Mover Americas: Tokenization Might Be a $5T Opportunity: Bernstein
The latest price moves in bitcoin (BTC) and crypto markets in context for June 20, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Unified Ledger for CBDCs, Tokenized Assets Could Enhance Global Financial System: BIS
“This would be a game-changer in how we think about money and how transactions take place,” said the central bank group’s Head of Research Hyun Song Shin.Source
Atomic Wallet Hackers Use THORChain to Conceal Stolen $35M Funds
Hackers that targeted crypto wallet Atomic Wallet in a $35 million heist earlier this month have used THORChain and Swft bridge to conceal their ill-gotten gain, according to blockchain sleuth MistTrack.Source
Ethereum Scanner Etherscan Adds OpenAI-Based Tool to Analyze Smart Contract Source Code
The tool is meant for informational purposes only, Etherscan said.Source
UK Crypto, Stablecoin Laws Approved by Parliament’s Upper House
The Financial Services and Markets Bill stands to recognize crypto as a regulated activity and stablecoins as a means of payment.Source
EU Legislation for Digital Euro Is Put on Hold: Source
A bill covering privacy and distribution of the central bank digital currency, originally scheduled for June 28, will be delayedSource