JuicyTalkOver 95% of Coinbase’s Code is Written with AI: Rob Witoff
Artificial intelligence now helps write more than 95% of Coinbase’s code, offering new insight into the crypto exchange’s AI strategy following its decision to cut 14% of its workforce earlier…
Bitcoin Price Jumps Above $64,000 As U.S CPI Falls
Bitcoin price briefly climbed above $64,000 on Tuesday after the June Consumer Price Index came in softer than forecast, giving traders fresh reason to bet the Federal Reserve will step…
Three US Senators Oppose CLARITY Act on Ethics Grounds with Vote Expected Soon
The US Senate is expected to vote soon on a comprehensive bill to establish market structure rules for digital assets, backed by Republican lawmakers, while some Democrats continue to push…
CleanSpark Signs $6.6 Billion Data Center Lease As Bitcoin Miner Pivots To Compute
CleanSpark, the Nasdaq-listed bitcoin miner, said on July 14 that it has signed a 20-year infrastructure lease with an unnamed high-investment-grade global technology company at its campus in Sandersville, Georgia. …
Velocity Lands $38M to Build Enterprise Stablecoin Payment Infrastructure
Stablecoin treasury platform Velocity has raised $38 million in a Series A funding round to expand infrastructure that helps enterprises and financial institutions use stablecoins for cross-border settlement and treasury…
China’s Prosecutors Move To Treat Crypto Mixers As Evidence Of Money Laundering
China’s Supreme People’s Procuratorate has published a set of recommendations that would reshape how the country investigates and prosecutes cryptocurrency-related money laundering, including a proposal to treat the use of…
UK Government Defers Capital Gains on Certain Crypto with ‘No Gain, No Loss’ Approach
The UK’s tax authority plans to treat “certain disposals” related to cryptocurrency lending and liquidity pools as transactions that would effectively defer the country’s capital gains requirements. In a Monday…
The Bitcoin Softfork That Tried To Police “Junk Data” — And Why It’s Already Failing
This is a guest post by Brandon Black. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc. or Bitcoin Magazine. Within the tiny internet…
CleanSpark Signs $6.6B Data Center Lease in Georgia
Shares of CleanSpark surged as much as 22% on Tuesday after the Bitcoin miner announced a 20-year data center lease in Georgia, reflecting its ongoing expansion into digital infrastructure beyond…
UK Adopts ‘No Gain, No Loss’ Tax Treatment For Crypto Lending And Liquidity Pools
The United Kingdom’s HM Revenue & Customs will treat certain disposals involving cryptoasset loans and liquidity pools as “no gain, no loss,” deferring Capital Gains Tax until a user makes…
