Author: Gino Matos

A growing number of Americans who do not own cryptocurrency are expressing interest in making future purchases, even as overall ownership rates decline, according to a new report by the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute (CFI). The April 2024 Labor, Income, Finances, and Expectations (LIFE) Survey showed that 13.4% of respondents who

Hut 8’s shift to AI and cloud services highlights a broader trend of Bitcoin miners diversifying to mitigate rising operational costs. The post Hut 8 completes pivot to AI market with GPU-as-a-Service launch appeared first on Crypto Briefing…

Securitize has partnered with Wormhole Foundation to enable cross-chain interoperability for all assets tokenized on its platform, according to a Sept. 20 announcement. The partnership will make Wormhole the official blockchain interoperability provider for Securitize’s current and future tokenized assets, marking a significant step forward in the tokenization and cross-chain interoperability of digital assets…

Terraform Labs received court approval to wind down its operations in bankruptcy after settling a US Securities and Exchange Commission (SEC) lawsuit, Reuters reported Sept. 19. US Bankruptcy Judge Brendan Shannon approved Terraform’s bankruptcy plan in Wilmington, Delaware, calling it a “welcome alternative” to further litigation over investor losses…

Despite market downturns, steady crypto adoption signals long-term confidence and potential for growth, influencing investment strategies and political landscapes. The post Gemini: Crypto adoption steady despite market downturn appeared first on Crypto Briefing…