sponsored .bit (did.id) has raised $13 million to build a cross-chain decentralized identity protocol. The Series A round, completed one year after the startup’s launch, was from CMB International, Ha...
Tag: Bit
Crypto Weekly Roundup: BlackRock Launches Bit…
The week has been momentous as Ethereum finally completed its final testnet before going live with the PoS system on its mainnet. The developer team has also set a soft launch date for the mainnet mer...
Bit Give Works with Heifer International to Boost Crypto Donations
Bit Give, the first bitcoin non-profit, is moving all its assets to a company known as Heifer International, a global development enterprise that seeks to end world hunger through sustainable means. B...
Consumer prices rose 8.5% in July, less than expected as inflation pressures ease a bit
Prices that consumers pay for a variety of goods and services rose 8.5% in July from a year ago, a slowing pace from the previous month due largely to a drop in gasoline prices. On a monthly basis, pr...
Bit Digital mined 111% more bitcoin in July over June
Crypto miner Bit Digital produced 142.5 BTC in July — a 110.8% increase compared with the previous month. The company also mined 0.5 ETH in July, according to an operations update released on Monday. ...
Mining firm Bit Digital grows Ethereum holdings 594% sequentially in July ahead of Merge
New York-based mining firm Bit Digital grew its Ethereum (ETH) holdings by around 594% in July 2022, compared to June, according to its unaudited production update published on August 8. The firm incr...
Looking for the Next Crypto Gains? Uniglo.io (GLO), BitDAO (BIT) and Chiliz (CHZ) May Be Your Answers
Place/Date: – August 7th, 2022 at 10:00 am UTC · 3 min read Source: Uniglo Photo: Uniglo Everyone is searching for the next big thing in crypto. It’s understandable, as you want to invest in tha...
InfiniteWorld Buys Game Studio, Super Bit Machine As Part Of Web3 Expansion – crypto.news
InfiniteWorld has purchased the gaming firm Super Bit Machine for an unknown sum. This is part of the company’s expansion into metaverse and Web3 technology. InfiniteWorld is aiming to employ the inde...
InfiniteWorld Attains Super Bit Machine for Best-In-Class Gaming, Web3 Experiences
Web3 and metaverse infrastructure company InfiniteWorld has acquired Super Bit Machine to provide best-in-class experiences in the metaverse world by incorporating multiplayer and real-time game devel...
‘This is a time for a bit of austerity’
Intel CEO Pat Gelsinger has tasked his team with finding new cost savings as the chip giant tries to battle back from a challenging second quarter while also rebuilding the company for the future. ...
Mortgage demand declines further, even as interest rates drop a bit
A prospective home buyer is shown a home by a real estate agent in Coral Gables, Florida. Joe Raedle | Getty Images Mortgage demand edged lower for the fourth straight week, according to data released...
Bit Degree Founder on the Future of Crypto
Danielius Stasiulis – the CEO of Bit Degree – said in a recent interview that traditional finance isn’t going to exist without cryptocurrency in the coming future. Bit Degree CEO: Crypto Can Only Bols...
Uniglo (GLO), Chiliz (CHZ), BitDAO (BIT), And SushiSwap (SUSHI) –
In the world of digital assets, a new class of millionaires is emerging. These are the people investing early into top-tier tokens and reaping the rewards as the project gains popularity and grows in ...
Bit Farms Sells Nearly Half Its Bitcoin Stash
Bit Farms – a bitcoin mining firm – is reducing its hodling strategy and has sold roughly half the bitcoin stash it owns as a means of reducing its debt. Bit Farms Parts with Nearly 50% of Its Bitcoin...
Bit Digital mined no ETH in June
Bit Digital mined 67.6 bitcoin (up 26.6% month-over-month) and no ether in June. As of June 30, the company held 860.7 BTC and 313.6 ETH in its treasury, according to an operational update published T...
‘We’re in for a little bit more pain,’ economist says
The rapid climb in mortgage rates finally paused this week, but elevated borrowing costs continue to stifle price-rattled home buyers. Rates for the popular 30-year fixed home loan slid to 5.70% last ...
Suze Orman thinks we’re headed for a recession and warns that things may get a ‘little bit ugly.’ Here’s what she likes for safety
‘We have a whole lot more to go down’: Suze Orman thinks we’re headed for a recession and warns that things may get a ‘little bit ugly.’ Here’s what she likes for safety According to personal fi...
Miner Bit Digital made $8 million in bitcoin mining revenue in Q1 2022
Crypto mining company Bit Digital brought in $8 million in bitcoin mining revenue and $0.5 million in Ethereum in the first quarter of 2022, the firm said on Wednesday. During the same time period, ne...
Bit Digital Production Slump Continued Into Q1, Strikes Deals With Coinmint, Riot to Increase Hashrate
Bit Digital has moved to recover its hashrate in the second quarter of the year. On June 7, it signed a colocation agreement with Coinmint, leasing hashrate for at least one year. Under the deal, Bit ...
‘Finality with One Bit’ upgrade live on testnet
? Want to work with us? CryptoSlate is hiring for a handful of positions! Supply chain tracking platform VeChain has upgraded its consensus mechanism by incorporating “Finality with One Bit” (FOB). Th...
Bit Oasis Creates New Crypto Education Programs
Bit Oasis – one of the Middle East’s largest cryptocurrency trading companies – has partnered with a firm known as the MBC Group, a major broadcasting company in that corner of the globe, as a means o...
Not Sure What To Do In A Bear Market? Consider Gnox (GNOX), Waves (WAVES), And BitDAO (BIT)
The current bear market has arguably caused a bit of trouble in the crypto world. While crypto holders aren’t alone in seeing their portfolio prices tumble (traditional markets have been suffering too...
Bitcoin Climbs Back Above $20K, A Bit Of A Relief To The Sinking Crypto Market
Bitcoin reached a new 18-month low of $17.5K on Sunday before quickly recovering above $20K in the hours that followed, providing some breather to the heavily stressed out bear market. According to da...
A housing market reset has become ‘a bit more than that’
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, June 17, 2022 Today’s newsletter is ...
Bit Origin leases 1K mining spots
Bit Origin Limited, a company working in the crypto mining industry with diversified expansion strategies, has entered a LOI (Letter of Intent) with US-based data center operator Your Choice 4 CA to l...
BIT Mining completes first closing in Bee Computing acquisition
Chinese crypto mining company BIT Mining announced the first closing of its acquisition of Bee Computing, a manufacturer of mining hardware. The Company issued 16,038,930 of its Class A ordinary share...
BIT Mining reports 40% dip in revenue during Q1 2022
BIT Mining reported a 40.4% dip in revenue, totaling $296.7 million, in Q1 2022 compared to the previous three months. The publicly traded Chinese company also saw a net income of $1.2 million, compar...
BIT Mining reports 40% dip in revenue
BIT Mining revenue totaled $296.7 million in Q1 An increase in net income was moved by a decrease in expenses During the first quarter BIT Mining produced 166 BTC Bitcoin mining organizations finished...
Thousands of Bit Digital miners go offline after explosion, fire at NY facility
An explosion last week at the substation of a bitcoin mining facility in Niagara Falls, New York led to a fire and caused thousands of machines to go offline. The facility where the incident happened,...