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Bitcoin Mining Expansion Heats Up: Crypto Miner Secures Underground Bunker, Cleanspark Snags Turnkey Mining Site
11.9.2022
Bitcoin mining operations continue to truck on through the crypto winter as a number of miners have revealed expansion plans during the last week. Following the acquisition of 10,000 ASIC Antminers, Cleanspark revealed it acquired a turnkey bitcoin mining facility from Mawson Infrastructure....
Blockchain Gaming Publisher and Web3 Firm Animoca Brands Secures $110 Million
10.9.2022
Blockchain gaming publisher Animoca Brands announced the company has raised $110 million in a funding round led by Temasek, Boyu Capital, and GGV Capital. The company raised the funds by issuing convertible notes to a handful of institutional investors. Animoca Brands Raises $110 Million From...
Russia’s Sberbank to Allow Users to Issue NFTs on Its Blockchain Platform
10.9.2022
Recognizing existing demand for non-fungible tokens, or NFTs, one of the largest banks in Russia, Sberbank, now intends to allow users to issue them on its blockchain platform. The financial institution also plans to cooperate with art sites and galleries across the country. Sberbank to Give...
Andrew Yang Is Raising $1.5M for a Company That Plans to Reward Volunteers With Crypto
9.9.2022
New filings show the former presidential candidate is an executive officer at stealth crypto company Samarity
Helium Price Benefits From Solana Migration Plans - Where Next for HNT?
8.9.2022
Helium crypto is trading 14% higher today as enthusiasm for its proposed migration to the Solana blockchain picks up steam.
Currently priced at $4.92 on CoinGecko, HNT has seen trading volumes surge 164% to $182 million in the past 24 hours.
Helium is building a decentralised wireless network...
Animoca confirms $110M round led by Temasek, plans new acquisitions
8.9.2022
Singapore government-backed investor Temasek is known for crypto-related investments but is yet to do its first direct investment in crypto
Publicly-Listed Miner Hive Plans to Transfer ETH Hashrate to Other GPU Mineable Coins Ahead of Merge
6.9.2022
While the cryptocurrency community prepares for The Merge, the Nasdaq-listed, Hive Blockchain Technologies, revealed in the company’s August 2022 production update that it plans to re-distribute its hashpower dedicated to Ethereum toward “other GPU mineable coins.”...
Binance: No plans to auto-convert Tether, though that ‘may change’
6.9.2022
The crypto exchange was responding to questions from Cointelegraph after announcing it would cease trading support for USDC and two other stablecoins this month
Binance to Drop USDC Trading Pairs, Plans to Auto-Convert Specific Stablecoin Balances to BUSD
6.9.2022
The world’s largest cryptocurrency trading platform by trade volume, Binance, issued a notice on Monday explaining that the exchange will be removing the stablecoin USDC from the platform’s spot trading pairs list. Binance further details that users holding three types of stablecoins...
Nigeria Plans to Create a Virtual Free Zone With Binance Crypto Exchange
5.9.2022
The west African country has held discussions with Binance about creating something similar to Dubai’s virtual commercial city
Indonesia plans to set up its crypto bourse by the end of 2022
1.9.2022
The country’s deputy trade minister confirmed the intention, for the first time voiced in last year
Digital Dollar Project Plans to Explore CBDC Technical Solutions With New Sandbox
1.9.2022
The non-profit organization advocating for a U.S. central bank digital currency plans to work with crypto platforms like Digital Asset and Ripple to explore technical and policy aspects of a digital dollar
Hermès reveals plans for Metaverse fashion shows, crypto, and NFTs
1.9.2022
The trademark application comes months after filing a lawsuit against NFT project MetaBirkins for allegedly using its Birkin brand to sell digital collectibles
Report: Reddit Co-Founder Alexis Ohanian’s Seven Seven Six Targets $177M for a Crypto-Centric Fund Called Kryptós
31.8.2022
According to a recent report, the venture capital firm founded by Alexis Ohanian, Seven Seven Six, is planning to raise $177 million for a new crypto-centric fund. The new Seven Seven Six fund called Kryptós will concentrate on investing in cryptocurrencies like bitcoin and ethereum. Seven...
Sam Bankman-Fried denies report FTX plans to purchase stake in Huobi
29.8.2022
“We are not planning to acquire Huobi,” said Sam Bankman-Fried, who manages assets at Alameda Research and leads crypto exchange FTX
Coinbase Discloses It Will ‘Evaluate Any ETH Fork Tokens Following The Merge’
28.8.2022
The publicly listed firm Coinbase Global has revealed the company plans to evaluate any potential forks that arise from the upcoming Ethereum upgrade known as The Merge. In a recently updated blog post, Coinbase said if a new Ethereum proof-of-work (PoW) token is created it “will be reviewed...
Antpool Reveals Plans to Drop Ethereum Ethash Support, Plans to Keep Mining ETC
28.8.2022
Antpool, the bitcoin mining pool affiliated with Bitmain, has announced the crypto mining operation will not manage ethereum accounts after The Merge is implemented. The mining pool is asking participating Antpool miners to add their ethereum withdrawal addresses by September 3, in order to receive...
Brazilian Brokerage Platform Rico to Offer Cryptocurrency Services Next Year
27.8.2022
Rico, a Brazilian brokerage platform part of XP Inc., has announced it plans to enter the cryptocurrency market next year. The division is expanding its operations and will also enter the banking sector, launching digital account services and a credit card. The platform follows in the steps...
Report Claims Russia and Iran Plan to Establish a Global Gas Cartel, Moscow to Launch Its Own Precious Metals Exchange
26.8.2022
Following Russian president Vladimir Putin’s statements at the end of June that indicated members of the BRICS nations have formalized plans to create a new “international reserve currency,” Russia is reportedly building the foundations of a global gas cartel with Iran....
World’s Largest Crypto ATM Company Bitcoin Depot to Go Public via SPAC Deal
25.8.2022
The largest cryptocurrency automated teller machine (ATM) operator, Bitcoin Depot, has revealed it has plans to go public via a special purpose acquisition company (SPAC) deal. The $885 million acquisition deal with GSR II Meteora (GSRM) will make Bitcoin Depot a publicly-traded company listed...