Monthly Bitcoin production drops as miners fight rising hashrate
Most Bitcoin miners saw declining production in January as network difficulty soared. However, Riot Platforms bucked the trend with increased output. Source link
Malaysia’s anti-corruption agency leverages blockchain and AI to fight fraud
Malaysia will leverage Blockchain and Artificial Intelligence to tackle corruption and fraud in the digital age. Speaking at the 3rd International Conference on Technology, Humanities, and Management held in Maldives, Tan Sri Azam, chief commissioner of the Malaysian Anti-Corruption Commission, highlighted that technological advancements have introduced new challenges in combating crime, local media reported on […]
DeFi proponents to fight US IRS tax code
The U.S. Internal Revenue Service said DeFi brokers should comply with long-standing securities rules, disagreeing with industry sentiment arguing for different laws for digital assets. Updated rules from the IRS published on Dec. 27 would direct some “DeFi brokers” to operate like traditional finance institutions by collecting certain user activity data and reporting on cryptocurrency […]
Vancouver mayor proposes Bitcoin adoption to fight inflation
Mayor Ken Sim urges Vancouver to explore Bitcoin adoption, highlighting its potential to safeguard financial stability amid fiat inflation. Source link
