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Russian Oil Giant Provides Excess Gas to Operations Powering Bitcoin Mining Devices
10.1.2021
The firm Gazpromneft, an oil subsidiary of the Russian natural gas and global energy company Gazprom, is giving bitcoin mining operations the chance to power operations by using excess gas for electricity. The Russian firm has allowed a small mining operation to benefit from the excess gas...
Morgan Stanley Massively Increases Bitcoin Exposure Through Microstrategy
9.1.2021
Global investment bank Morgan Stanley has increased its bitcoin exposure manyfold by investing in Microstrategy, the Nasdaq-listed company which currently holds about 70,470 bitcoins. Morgan Stanley now has a 10.9% stake in Microstrategy. ‘Even Banks Want Bitcoin’ Global financial...
Ripple’s CEO Addresses Key Allegations by US SEC — Legal Response Coming Soon
9.1.2021
Ripple CEO Brad Garlinghouse has addressed some of the allegations made by the U.S. Securities and Exchange Commission (SEC) against his company. He focused on answering five questions on what he calls “unproven allegations” by the regulator. Garlinghouse Says There Is ‘Regulatory...
Spanish Police Detain Four People Allegedly Involved in a $15M Crypto Ponzi Scheme
9.1.2021
The Spanish police detained four people of different nationalities this week for allegedly running a $15 million crypto Ponzi scheme. According to the police, “many victims” filed a complaint against them. Victims Believed Their Bitcoins Went to a Legit Company According to Policia...
Tech Company Imagines The Nintendo Switch As A Fully Functioning PC
8.1.2021
The Nintendo Switch is great, but it would be even better if it could also work like any other computer tablet. Chinese tech manufacturer Lenovo tried to show off what that dream would actually look like with its new prototype: the LaVie Mini.Read more
Top Gambling Firm IGT Obtains US Patent for a System to Enable Customers to Fund Their Bets via Crypto
7.1.2021
A gambling tech giant received the green light from the U.S. Patent and Trademark Office (USPTO) to start offering cryptocurrency payment options to their users. The company is known for manufacturing slot gambling machines. Gamblers Could Also Transfer Crypto From Their Wallets to...
Onboarding Institutional Crypto Investors- Coinbase Helps Execute ‘One of the Largest Digital Asset Trades in History’
6.1.2021
Over the last year, institutional investors have been flocking toward crypto assets like bitcoin and after Microstrategy’s initial bitcoin purchase, the trending institutional demand for crypto started swelling. On Tuesday, the San Francisco trading platform Coinbase published a study that...
Ideaology Announces IEO Collaboration and Subsequent Listing of IDEA Token with Bitcoin.com Exchange
4.1.2021
PRESS RELEASE. Ideaology, the blockchain-oriented company building a digital ecosystem by energizing the market and utilizing the world’s global workforce announces today an agreement with Bitcoin.com Exchange for a public sale and the subsequent listing of the Ideaology Token (IDEA)...
Microstrategy’s BTC Holdings More Than Double in Value to $2.4 Billion Four Months Later
3.1.2021
The continuing bitcoin price rally has seen the value of Microstrategy’s total holdings of the digital asset go up by 100%. Specifically, the company has seen the value of its initial haul of 38,250 coins grow to over $1.3 billion from the $425 million spent. Market Capitalization By Almost...
‘Noxious Poison’ – Bitcoin’s Market Cap Surpasses Warren Buffet’s Berkshire Hathaway Valuation
2.1.2021
For many years, the business tycoon Warren Buffet has condemned bitcoin as an investment telling people that the crypto asset is nothing but gambling. Two years ago, just before a Berkshire Hathaway 2018 annual shareholder meeting, Buffet said bitcoin is “probably rat poison squared.”...
Bitfinex CTO: Tether Is Registered and Regulated Under FinCEN- USDT Not Next Target of the US SEC
31.12.2020
The CTO at Bitfinex Paolo Ardoino has pushed back against rumours that the company’s Tether stablecoin may be the next target of the U.S. Securities and Exchange Commission (SEC). The Bitfinex executive insists that the Tether stablecoin, whose market capitalization has now surpassed...
Nasdaq Listed Greenpro Capital to Set up Bitcoin Fund Using a $100 Million Loan
31.12.2020
The Nasdaq listed Greenpro Capital Corporation has revealed plans to set up a bitcoin fund using $100 million in borrowed funds. In addition to the borrowed funds, Greenpro, through its subsidiary Cryptosx, says it plans to use its own cash resources to acquire the digital asset. The financial...
Ripple Assails the SEC, Claims the $1.3 billion Lawsuit is an ‘Attack on the Entire Crypto Industry Here in the United States’
31.12.2020
Ripple has hit back at the U.S. Securities and Exchange Commission (SEC), accusing it of creating more uncertainty and failing in its duty to protect the crypto community. In panning the SEC’s decision to designate its XRP token as a security, the company claims the regulator’s lawsuit...
Cypherpunk Holdings Inc. Invests in Next-Generation Hardware Wallet Company NGRAVE
30.12.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Toronto, Ontario--(Newsfile Corp. - December 30, 2020) - Cypherpunk Holdings Inc. (CSE: HODL) ("Cypherpunk" or the "Company") is pleased to announce that it has completed a convertible note...
Publicly-Listed Bitcoin Mining Operations See Shares Skyrocket, Riot Blockchain Market Cap Reaches $1B
30.12.2020
While bitcoin’s value has captured new all-time price highs, a number of publicly listed bitcoin mining operations have seen significant profits. The U.S.-based firm Riot Blockchain’s market valuation recently obtained a $1 billion capitalization. Meanwhile, a number of other bitcoin...
Augmented Reality Firm Nextech AR Joins the Bitcoin Treasuries Bandwagon, Buys $2 Million BTC
29.12.2020
On the heels of the Canadian company Mogo purchasing bitcoin for treasury reserves, the British Columbia-based augmented reality firm Nextech AR Solutions has announced the purchase of $2 million in bitcoin. Nextech’s chief executive officer Evan Gappelberg says the firm may add more in 2021....
Indian Crypto Tax, Listed VR Company Diversifies Into Bitcoin + More News
29.12.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Tax news
The Indian government could become the latest to impose a tax on crypto trading. In a report, the Times of India stated that politicians...
Legal Battle Between Bitmain Co-Founders Appears to End With Micree Zhan Taking Control of the Company
28.12.2020
The long-lasting legal battle between co-founders of China-based Bitmain seems to have seen the light at the end of the tunnel after both parties agreed to reach an agreement. Legal Tussle Between Bitmain Co-Founders Reportedly Ended With a $600 Million Compensation for Jihan Wu According...
Bitcoin Mining Company Riot Blockchain Passes $1B in Market Cap
28.12.2020
Riot's value was less than $50 million when it started mining bitcoin three years ago
CoinDeal Obtains in-Principle Approval for Maltese Class 4 VFA License
28.12.2020
PRESS RELEASE. CoinDeal is pleased to announce that it is now the first publicly known company to have obtained a Class 4 Virtual Financial Assets License in Principle Approval from the Malta Financial Services Authority (MFSA). The exchange received the letter on 16 December, 2020. This allows...