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Terraform founder Do Kwon pleads guilty to two fraud charges

Reports reveal that Do Kwon pleaded guilty and waived his right to trial on two of the nine charges he faces from the U.S. government since January 2023. The post Terraform founder Do Kwon pleads guilty to two fraud charges appeared first on CoinGeek. [...]

The Philippines could unlock ₱1.8 trillion with AI

At Google's recent event, research with Public First was unveiled, claiming AI could add between ₱1.3T ($22B) and ₱1.8T ($31B) to the Philippine economy. The post The Philippines could unlock ₱1.8 trillion with AI appeared first on CoinGeek. [...]

China warns against Worldcoin’s iris-scanning

The Ministry of State Security says that companies scanning irises and collecting other biometric data with ‘crypto’ incentives pose a national data threat. The post China warns against Worldcoin’s iris-scanning appeared first on CoinGeek. [...]

Ethiopia boots out BTC miners despite $200m revenue

Ethiopia made $200m from miners in the past year, but their power demand has become unsustainable; miners set to consume a third of all output this year. The post Ethiopia boots out BTC miners despite $200m revenue appeared first on CoinGeek. [...]

Circle posts $482M loss, Trump’s WLF inks $1.5 billion deal

Circle saw its revenue jump 53% to $658 million but still reported a $482M loss from IPO costs, while ALT5 Sigma eyes $1.5B through a major share sale. The post Circle posts $482M loss, Trump’s WLF inks $1.5 billion deal appeared first on CoinGeek. [...]

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