Tag: Digital

Anchorage Digital faces scrutiny from US Homeland Security — Report

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The US Department of Homeland Security’s El Dorado Task Force has reportedly launched an investigation into Anchorage Digital Bank, a Wall Street-backed cryptocurrency firm.  According to an April 14 Barron’s report, members of the task force have contacted former employees of the company over the past weeks to examine its practices and policies. Citing unidentified sources, the report claims the probe looks at potential financial crimes within Anchorage.  The reported Homeland task force probe hints at cross-national financial activities. Established in 1992, the El Dorado Task Force focuses on “transnational…

HPC Gold Rush Continues: Bitcoin Miner Bit Digital Secures Québec Site for Tier 3 Data Center

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Bit Digital, Inc. has secured a lease-to-own agreement for a 202,000-square-foot site in Saint-Jérôme, Québec, to develop a Tier 3 data center supporting its 5MW colocation contract with artificial intelligence (AI) infrastructure firm Cerebras Systems. Cerebras, Bit Digital Partner on Tier 3 Data Center Near Montréal The publicly listed bitcoin mining entity Bit Digital (Nasdaq: […] Original

Thailand Intensifies Fight Against Mule Accounts in Digital Assets

Thailand has approved significant amendments to the digital asset and cybercrime laws to combat cybercrime and online scams. Combating Mule Accounts in the Crypto Industry The Thailand Cabinet has approved significant amendments to the Digital Asset Business Law and the Cybercrime Law, aiming to bolster the nation’s defenses against cybercrime and the use of “mule […] Source CryptoX Portal

North Carolina lawmaker introduces Digital Asset Freedom Act

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North Carolina (NC) representative Neal Jackson introduced the North Carolina Digital Asset Freedom Act on April 10. The bill proposes that qualifying “digital assets” be accepted as a legally recognized form of payment and for taxes. Although the language of the bill does not specifically mention Bitcoin (BTC), there are several provisions laid out that make BTC uniquely qualified under the bill’s definition of a “digital asset.” These stipulations include a minimum market capitalization of $750 billion and a daily trading volume of over $10 billion, a market history of…

Neptune Digital Assets grows Bitcoin treasury to 401 BTC

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Neptune Digital Assets Corp. has expanded its Bitcoin treasury to 401 BTC as of April 10, 2025. The Vancouver-based firm claims it still has its Bitcoin (BTC) at an average price of $31,564—significantly below the 2024 average of $65,901 and the $67,458 average paid by institutional players like Strategy (formerly MicroStrategy). The move builds on Neptune’s earlier purchase of 20 BTC and 1 million Dogecoin (DOGE) between late December and early February, bringing its total Bitcoin holdings from 376 to 401 BTC. Neptune’s disciplined, cost-efficient strategy has helped it outperform…

AI-generated content needs blockchain before trust in digital media collapses

Opinion by: Roman Cyganov, founder and CEO of Antix In the fall of 2023, Hollywood writers took a stand against AI’s encroachment on their craft. The fear: AI would churn out scripts and erode authentic storytelling. Fast forward a year later, and a public service ad featuring deepfake versions of celebrities like Taylor Swift and Tom Hanks surfaced, warning against election disinformation.  We are a few months into 2025. Still, AI’s intended outcome in democratizing access to the future of entertainment illustrates a rapid evolution — of a broader societal…

First Digital Claims Techteryx Requested $500M Transfer, Counters Justin Sun’s Accusations

Stablecoin issuer First Digital Trust says it transferred over $500 million in TUSD reserves to the Dubai-based ARIA Fund at the request of Techteryx. Funds Transferred in Multiple Transactions First Digital Trust (FDT), the stablecoin issuer currently embroiled in a bitter dispute with Tron blockchain founder Justin Sun, said it transferred over $500 million in […] Source CryptoX Portal

BlackRock taps Anchorage Digital for digital asset custody

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Asset manager BlackRock is partnering with Anchorage Digital for crypto custody services, a move aimed at addressing the rising demand for digital assets from retail and institutional investors. According to an April 8 announcement, BlackRock is the world’s largest investment firm, with $11.6 trillion in assets under management. The company ranks among the largest providers of crypto exchange-traded products (ETPs), with holdings totaling $45.3 billion in Bitcoin (BTC) and $1.7 billion in Ether (ETH), according to data from Arkham. BlackRock’s crypto holdings. Source: Arkham Intelligence Anchorage is the only federally…

BlackRock adds Anchorage Digital as custodian for Bitcoin ETF

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​BlackRock, the world’s largest asset manager, has appointed Anchorage Digital Bank N.A. as an additional cryptocurrency custodian for its iShares Bitcoin Trust ETF. Anchorage Digital will serve as an additional cryptocurrency custodian for IBIT, according to a Form 8-K filing dated April 7.  This move introduces a dual-custodian model, with Anchorage Digital joining Coinbase, the existing custodian, to enhance the security and operational resilience of IBIT’s Bitcoin (BTC) holdings.​ Anchorage Digital Bank N.A. is the only U.S. federally chartered digital asset bank, providing services such as digital asset custody, staking,…

Mike Novogratz’s Galaxy Digital gets SEC nod for Nasdaq listing

Artificial intelligence and crypto investment firm Galaxy Digital has been given the nod from the US Securities and Exchange Commission to list on the Nasdaq stock exchange.  The company, which is listed on the Toronto Stock Exchange (TSX), plans to relocate its home base from the Cayman Islands to Delaware, according to an April 7 statement from Galaxy, pending shareholder and TSX approval.  “Our registration statement is now effective with the SEC. We’re on track to list on the Nasdaq shortly after our shareholder vote on May 9, contingent on…