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Article by Steve Kaaru

Hut 8 shuts down Alberta site amid surging power costs
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12 March, 2024

Hut 8 shuts down Alberta site amid surging power costs

Hut 8 cited rising electricity costs and constant power disruptions as reasons for the closure, relocating its rigs to another...
Bahamas’ Sand Dollar attracted 0.5% of cash in circulation 3 years on: official
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11 March, 2024

Bahamas’ Sand Dollar attracted 0.5% of cash in circulation 3 years on: official

Bahamians have been willing to explore the CBDC, with 120,000 of the island’s 400,000 opening accounts, but they have only...
nChain’s Christine Leong talks digital identity in Web3 on CoinGeek Backstage
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11 March, 2024

nChain’s Christine Leong talks digital identity in Web3 on CoinGeek Backstage

Christine Leong was at GITEX Dubai to deliver a presentation on digital identity and why it matters in Web3, and...
China ramps up quantum computing, AI efforts as race with US heats up: report
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9 March, 2024

China ramps up quantum computing, AI efforts as race with US heats up: report

A new report says China will draw up plans to step up efforts in emerging tech to meet strategic goals...
Taiwan draft bill on digital asset regulation coming in September
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7 March, 2024

Taiwan draft bill on digital asset regulation coming in September

Digital assets pose an increasing danger to legacy finance and that the proposed laws will protect the stability of Taiwan’s...
Hong Kong to launch stablecoin sandbox in Web3 push
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7 March, 2024

Hong Kong to launch stablecoin sandbox in Web3 push

Hong Kong’s budget revealed the city is expanding its digital yuan pilot testing to allow residents to top up e-CNY...
China warns against fake CBDC app
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6 March, 2024

China warns against fake CBDC app

Scammers are reportedly using fake apps to trick Chinese digital yuan users with promises of dividends before wiping the victims’...
Do Kwon to miss part of US fraud trial due to extradition delay
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5 March, 2024

Do Kwon to miss part of US fraud trial due to extradition delay

Initially set for January 29, the SEC postponed Do Kwon’s trial by two months to allow him to attend, but...
IRS taps 2 former digital asset execs to ramp up ‘crypto’ tax expertise
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5 March, 2024

IRS taps 2 former digital asset execs to ramp up ‘crypto’ tax expertise

The IRS has hired Sulolit “Raj” Mukherjee, formerly with Coinbase and Binance.US, where he led tax compliance efforts, and ex-TaxBit...
New York Times ‘hacked’ ChatGPT, OpenAI claims as it seeks copyright lawsuit dismissal
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4 March, 2024

New York Times ‘hacked’ ChatGPT, OpenAI claims as it seeks copyright lawsuit dismissal

OpenAI claims that it took the NYT tens of thousands of attempts to generate the anomalous results it sued for...
Anti-CBDC bill introduced in US Senate
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1 March, 2024

Anti-CBDC bill introduced in US Senate

The five senators, led by Senator Ted Cruz, claim that a digital dollar is the Biden administration’s attempt to illegally...
Turkey’s two-tier CBDC to support programmable payments
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1 March, 2024

Turkey’s two-tier CBDC to support programmable payments

The digital lira will also focus on user privacy and only support one account per user, accessible through all intermediary...

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