What is Bitcoin mining? Bitcoin mining is the process that keeps the BTC network secure and operational. Bitcoin miners collect pending transactions, bundle them into blocks and repeatedly perform hashing attempts (trial and error) until they produce a hash that meets the network’s difficulty target. The first miner to find a valid solution broadcasts their block….
Morgan Stanley, one of the world’s largest wealth managers, has reportedly informed its financial advisers that all clients will be able to invest in cryptocurrency funds starting Oct. 15, CNBC reported. Advisers will be able to offer crypto funds to clients with individual retirement accounts (IRAs) and 401(k)s, a significant shift from the previous policy that…
Nasdaq-listed wealth and asset management services provider Prestige Wealth is rebranding to Aurelion Treasury to launch the Nasdaq’s first Tether Gold-backed corporate treasury as more Wall Street companies explore digital asset offerings. To launch Nasdaq’s first Tether Gold treasury, the company announced the closure of a $100 million Private Investment in Public Equity (PIPE) financing…
Ripple, a major blockchain company and issuer of the XRP cryptocurrency, is expanding operations in the Kingdom of Bahrain through a partnership with a local fintech ecosystem builder. Ripple on Thursday announced a strategic partnership with Bahrain Fintech Bay (BFB), a major local fintech incubator closely collaborating with government partners, including the Central Bank of Bahrain (CBB)….
Cryptocurrency exchange Bybit has secured a Virtual Asset Platform Operator License from the Securities and Commodities Authority of the United Arab Emirates (UAE), eight months after the regulator granted the company in-principle approval. In a Thursday notice, Bybit said approval from the UAE financial regulator would allow the exchange to offer its global products and services to…
MANTRA, a layer-1 network designed for compliant real-world assets (RWAs), has announced that its flagship event, Agentic., will take place on Oct. 21-22 in Abu Dhabi. Abu Dhabi has become the Gulf’s proving ground for compliant digital-asset innovation. The emirate is drawing asset managers, market-infrastructure firms and builders seeking a jurisdiction that blends prudential oversight…