Amsterdam-based bitcoin mining firm – Bitfury – announced it will launch a new 28MW digital asset mining site in Ontario, Canada. The facility will launch with an operational capacity of 16MW, while an additional 12MW will be added by the end of May. Bitfury’s Next Mining Center The technology company focused on digital asset mining...Read More
Mexican senator for the State of Nuevo León, Indira Kempis, has stated that she wants to make the country second after El Salvador to adopt Bitcoin. However, the chances of this actually happening are slim at best. Speaking to local media this week, she noted that she aims to promote the use of Bitcoin in...Read More
Amid international crises and a shaky crypto market, debates rage on about what role Bitcoin actually serves as an investment. Is it digital gold, or just another risk asset? In a recent tweet, Ki Young Ju – CEO of crypto market analytics firm CryptoQuant – weighed in on the matter. He believes that as long...Read More
Chinese courts will now issue jail sentences if individuals engage in fundraising activities via crypto from the public. New Guideline: Crypto Fundraising, A Punishable Offence After an intense crackdown on trading and mining, China is taking its anti-crypto stance to another level. For the first time, the Chinese Supreme People’s Court has announced amending the...Read More
As the crypto market is plunging for the ‘Nth’ time since the bull run materialized the highs for many of the altcoins, many cryptos may tend to rebound with huge intensity. Some altcoins tend to flip the bearish divergence quickly and recover more than 50% loss in just a couple of days. And below mentioned...Read More
Putin’s “special military operation” caused major financial uncertainty in Ukraine. To bring more clarity to the situation, the National Bank of Ukraine informed that local monetary institutions will suspend the issuance and distribution of electronic money. Ukraine’s Central Bank Introduces Its Policies It is safe to say that Russia’s military operation in Ukraine is the...Read More
After careful consideration, Canadian Prime Minister Justin Trudeau has announced he will end the use of the Emergencies Act used to force out trucker-led protests in Ottawa and blockades of border crossings to the United States. Unfreezing of Accounts In a series of tweets, Trudeau stated that the situation in the country is no longer...Read More
Opera – a web browser supporting Web3 – announced integrating Starkware-powered DeversiFi in collaboration with a blockchain-backend company Gateway.fm. Thus, it has enabled its users to transact with Ethereum Layer 2 directly. The latest move is part of Opera’s plans to offer cost and time-efficient transactions within its mobile browser wallet as well as its...Read More
[PRESS RELEASE – New Orleans, US, 23rd February 2022] DiveWallet is a functional cross-chain wallet committed to safeguarding the assets of crypto users while making the virtual currency sector more practical. The wallet is scheduled for release in Q3 of 2022. The wallet developers are excited to announce the launch of their DiveWallet Token on the...Read More
[PRESS RELEASE – Singapore, Singapore, 22nd February 2022] MOBLAND, the first-ever Mafia-themed metaverse previously known as SYN.CITY, announced a partnership and exchange listing with Bybit. Users can soon own a Bybit headquarters building as an NFT in the MOBLAND metaverse. The partnership was unveiled with the introduction of the MOBLAND launchpool on Bybit. Launched on...Read More
The Q3 and Q4 of 2021 had extracted a huge amount of value from the entire cryptomarket. The market capitalization which was hovering close to $3 trillion has slashed by nearly 50% and is currently around $1.5 trillion. With the intensifying external pressure on the stock and the crypto markets, the prices are slashing to...Read More
Why leave your BMEX idle, when you can be earning more rewards? Following the first BMEX airdrop, many of our users have started staking BMEX to unlock fee discounts and other exclusive benefits on the BitMEX platform. If you do not have enough BMEX Tokens yet, there’s still time – check out our upcoming airdrops...Read More
Simon Leviev gained fame after the documentary The Tinder Swindler went viral on Netflix a few weeks ago. The media claims he made his fortune by taking advantage of women he met online, but in a recent interview, he claimed he got rich with a more straightforward method: investing in Bitcoin. In an interview for...Read More
Kazakhstan’s Ministry of Energy discovered and halted the operations of 13 illegal digital asset mining farms. Those were collectively using an electricity capacity of over 200 megawatts. War on Illegal Miners The central Asian country was torn by protests at the beginning of 2022 when thousands of residents occupied the streets to fight against the...Read More
