Bitcoin miners get into AI to survive halving
AUSTIN, TEXAS — Adam Sullivan left investment banking to mine bitcoin at an awkward time. It was May 2023, bitcoin was trading at around $21,000, U.S. regulators were in the …
FinTech
Bitcoin miner Gridless, backed by Block, builds site at Kenya volcano
HELL’S GATE, Kenya — Two-and-a-half hours northwest of Nairobi by car, a small group of bitcoin miners set up shop at the site of an extinct volcano near Hell’s Gate …
Messaging app Telegram to allow Tether stablecoin payments
Stablecoin Tether and Circle’s USDC dominate the market. Justin Tallis | Afp | Getty Images Telegram users can now start making stablecoin USDT payments to each other through the encrypted …
Freetrade, Britain’s answer to Robinhood, hits breakeven
The Freetrade logo on a smartphone screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images British stock trading app Freetrade hit eked out breakeven earlier this year, the …
Crypto market to double in size to $5 trillion in 2024
Brad Garlinghouse, CEO of Ripple, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 4, 2022. Mike Blake | Reuters The CEO of blockchain startup …
Crypto firm Ripple to launch U.S. dollar stablecoin
In 2020, the U.S. SEC accused Ripple and its co-founders of breaching securities laws by selling its native cryptocurrency XRP without first registering it with the SEC. Jakub Porzycki | …
Coinbase partner ClearBank posts first full-year of profit
Charles McManus, CEO of ClearBank, speaks at the Innovate Finance Global Summit in April 2023. Chris Ratcliffe | Bloomberg | Getty Images ClearBank, a British financial technology firm powering payments …
Caroline Ellison, SBF ex-girlfriend, helped put FTX founder in prison
Caroline Ellison, former chief executive officer of Alameda Research LLC, center, arrives at court in New York, US, on Tuesday, Oct. 10, 2023. Yuki Iwamura | Bloomberg | Getty Images …
FTX founder in New York federal court
FTX founder Sam Bankman-Fried faces sentencing Thursday in New York federal court for a massive fraud conspiracy that led to the collapse of his cryptocurrency exchange and a related hedge …
Sam Bankman-Fried FTX fraud victim says life was destroyed
NEW YORK, US – JANUARY 03: Sam Bankman-Fried leaves the court in New York, on January 03, 2023. Fatih Aktas | Anadolu Agency | Getty Images In a letter to …