Binance CEO Changpeng Zhao conceded that the crypto exchange has abandoned its "decentralized philosophy" in order to get licenses from regulators.
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The company will initially build out 400 megawatts of energy capacity. The post Bitcoin miner Riot announces massive 1 gigawatt expansion plan in Texas appeared first on The Block.
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The two addressed shifts that could lead to the approval of a spot bitcoin ETF and a more decentralized discourse space in Twitter.  The post ARK’s Wood and Galaxy’s Novogratz talk Twitter and Bitcoin ETFs in the Bahamas appeared first on The Block.
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ARK just had its latest Bitcoin spot ETF application denied by the SEC. Wood says, "We will reapply."
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Crypto companies in the U.S. are reportedly seeking regulatory clarity over interest-bearing products following several companies being pulled up by the federal regulators in the past, igniting the 'unregistered security' debate. The post U.S. Platforms Remain Hesitant to Further Interest-Bearing Crypto Offerings Without Regulatory Clarity appeared first…
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The government’s economic recovery plans prioritize policy that will give citizens immediate relief The post Central African Republic Looks for ‘Quick Wins,’ Becomes Second Country to Adopt Bitcoin appeared first on Blockworks.
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Mayor of New York City Eric Adams discussed crypto regulation, financial literacy in schools, and the future of recordkeeping in his closing keynote interview during an event on Wednesday. The post Eric Adams: ‘Crypto and blockchain are here to stay’ in NYC appeared first on The Block.
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Meta, formerly known as Facebook, continues to spend significant sums through its metaverse-focused Reality Labs unit. The post Meta says its metaverse-focused unit Reality Labs lost $2.9 billion in Q1 2022 appeared first on The Block.
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In a new post-mortem report, Axie Infinity's Ronin sidechain team said it was evaluating its security on all fronts. The post Sky Mavis plans to become a ‘zero-trust organization’ after $600 million Ronin hack appeared first on The Block.
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The company’s Reality Labs division brought in $695 million in revenue, exceeding analyst expectations The post Meta Stock Soars After Hours on Metaverse Expansion, Defying Slowing Growth appeared first on Blockworks.
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