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Bitfinex Completes Another $100M Loan Facility Repayment to Tether
28.2.2020
Hours after experiencing a major DDoS attack, Bitfinex announces repayment of another $100 million of the loan facility to Tether
Japanese Firms SBI and GMO Join the Digital Gold Rush in Texas
8.1.2020
The city of Rockdale, Texas is attracting attention again, similar to the interest the region saw back in the fifties when the Alcoa aluminum smelting facility set up shop. These days, Rockdale’s change is due to the influx of bitcoin miners coming to town from all around the world....
Vir Island Offers Accommodation Reservation Facility Using Cryptocurrencies
3.12.2019
Imagining an industrial domain still untrodden by the cryptocurrencies is next to impossible in the present time. Tourism being one such marketspace that has welcomed cryptocurrencies as a payment mode with open arms. With the sector facilitating travel payments using the digital currencies,...
Mining Giant Bitmain Confidentially Files for U.S.-Based IPO
30.10.2019
According to reports, bitcoin mining manufacturer Bitmain Technologies confidentially filed for a U.S.-based initial public offering (IPO) with the Securities and Exchange Commission. The news follows the alleged removal of cofounder and executive director Micree Zhan and the recent announcement...
Bitmain Aims to Build a 300MW Texas Mining Farm
23.10.2019
The Beijing-based Bitmain Technologies and DMG Blockchain Solutions announced the launch of a 25MW mining facility in Rockdale, Texas. The new mine aims to bolster Bitmain’s international expansion which will soon expand to 50MW of processing power and then extend the operation’s...
Bitmain Launches ‘World’s Largest’ Crypto Mining Facility in Texas
21.10.2019
Major crypto mining hardware manufacturer Bitmain has launched the purportedly largest facility for Bitcoin mining in the world, in Rockdale, Texas
Iranians Defy Warning and Share Pictures of Bitcoin Mining in Mosque
27.6.2019
On Tuesday, the Iranian energy grid corporation Tavanir warned illegal bitcoin mining operations that they would be cut off from their supply. Following the announcement, pictures of a mining facility set up in a mosque went viral on social media. Also Read: Iranian Energy Grid Blames...
LocalBitcoins Bans the Option of In-Person Cash Transactions
3.6.2019
The world of digital currency always packs in enough interesting things for its global base of supporters. While some newer developments elevate the faith of crypto enthusiasts, there are also updates that leave them shocked rather than surprised. One such update was brought into the light which...
Morgan Creek-Backed DLT Equity Loan Platform Figure Secures $1 Billion Financing Facility
10.5.2019
Morgan Creek-backed blockchain equity loan platform Figure secured a $1 billion “uncommitted” financing facility via blockchain