News

Kazakhstan block reward miners: High energy prices are killing us
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6 October, 2023

Kazakhstan block reward miners: High energy prices are killing us

In a letter, eight BTC mining firms implored President Kassym-Jomart Kemeluly Tokayev to cut down on the energy taxes, which...
Philippines: DTI’s request for $3.5M AI center funding rejected anew
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6 October, 2023

Philippines: DTI’s request for $3.5M AI center funding rejected anew

The DTI has been requesting PHP200 million (US$3.5 million) to establish an AI research and development center, but the request...
Microsoft eyes nuclear to power AI ambitions amid challenges in the sector
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6 October, 2023

Microsoft eyes nuclear to power AI ambitions amid challenges in the sector

Microsoft is exploring the use of nuclear energy for its artificial intelligence advancement, signaling a shift toward sustainable power sources.
Hong Kong a bright spot in Eastern Asia’s dwindling digital asset market: Chainalysis
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6 October, 2023

Hong Kong a bright spot in Eastern Asia’s dwindling digital asset market: Chainalysis

Once a global hotspot, Eastern Asia has dropped below its peers after China banned digital assets, but Hong Kong is...
Argentina presidential candidate sees CBDCs as hyperinflation solution
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6 October, 2023

Argentina presidential candidate sees CBDCs as hyperinflation solution

Presidential candidate Sergio Massa unveils CBDC plan to combat hyperinflation in Argentina, proposing anti-money laundering laws, tax revisions, and rivals...
AirBit Club lawyer, promoters sentenced to prison over $100M digital asset scam
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5 October, 2023

AirBit Club lawyer, promoters sentenced to prison over $100M digital asset scam

The two promoters got five and one year behind bars, respectively, while lawyer Scott Hughes, who laundered the proceeds for...