Crypto

Source: Bitcoinist Ethiopia is gradually becoming a Bitcoin mining center, thanks to its huge hydroelectric supplies and low electricity prices. Local miners are currently consuming approximately 600 megawatts (MW) of power, with further capacity expected to come online soon. With this rise in activity, Ethiopia has emerged as one of Africa’s main cryptocurrency mining destinations….

Source: Coin Tegraph Dubai’s Virtual Assets Regulatory Authority issued fines ranging from $13,600 to $27,200 to seven entities operating without licenses or breaching marketing regulations.  Read Full Article

Source: Coin Tegraph South Korea’s FSC will reportedly investigate Upbit’s relationship with its bank partner K-Bank amid the latter’s IPO, which is expected in late October. Read Full Article

Source: Bitcoinist The Taiwanese financial watchdog is reportedly considering trialing institutional crypto custody services, with local banks being evaluated for a pilot program. Taiwan Looking To Integrate Crypto Assets Into Economy Taiwan’s financial regulator, the Financial Supervisory Commission (FSC) is reportedly encouraging local banks to pilot digital asset custody services. In Q1 2025, the regulator…

Source: Coin Tegraph Fetch.ai partners with Imperial College London’s I-X Hub and launches a $10 million fund for AI startups and innovative tech development. Read Full Article

Source: Coin Tegraph A survey reveals that nearly half of traditional hedge funds now have exposure to digital assets, with global regulatory clarity boosting confidence. Read Full Article

Source: Bitcoinist The cryptocurrency market is no stranger to explosive price rallies, and Shiba Inu (SHIB) famously delivered one of the most remarkable in 2021, skyrocketing by over 8,000%.  Now, analysts are pointing to a new player flashing similar buy signals. In its presale stages, this SHIB rival is generating excitement with projections of significant…

Source: Coin Tegraph Despite increasing revenue, OpenAI is expected to continue operating at a loss until 2029, as the cost of scaling advanced AI models remains steep. Read Full Article

Source: Bitcoinist Lately, the price of Bitcoin has been fluctuating due to overall market turbulence, causing broader fear and uncertainty within the general crypto landscape. Considering the current trend of several indicators, the digital asset could be poised for more volatility in the upcoming days. Bitcoin’s Price Set To Experience High Volatility Shortly As Bitcoin…

Source: Coin Tegraph On the latest episode of the Hashing It Out podcast, VeChain and Puffpaw execs discuss how blockchain can incentivize positive behavior changes. Read Full Article