This boosts the company’s computational capacity to 4.1 ExaHashPerSecond. In October of 2021, development started on the Bitcoin mining facility in Argentina. Bitfarms, a Bitcoin (BTC) mining firm loc...
Tag: Firm
UK watchdog warns crypto firm FTX is unregistered — it could be a scam
Bahamas-based FTX has responded to the UK’s Financial Conduct Authority (FCA) warning that the crypto firm is operating unauthorized in the country. According to an FTX spokesperson, the phone numbers...
Fed to put a ‘firm foot on the brake pedal’ this week
The Federal Reserve is widely expected this week to raise its benchmark interest rate by 0.75 percentage points in an effort to slow the economy as a way to cool inflation. “What the Fed was doing ear...
Morgan Creek Digital Co-found Digital Asset Research Firm for Investors
Renowned crypto enthusiast and analyst Will Clemente announced on Monday on Twitter that he co-founded Reflexivity Research with Anthony Pompliano, co-founder of Morgan Creek Digital and crypto recrui...
Crypto exchange FTX obtains European investment firm license
Crypto exchange giant FTX said that its European division has received a license to operate as an investment firm in the region. The Cyprus Securities and Exchange Commission granted FTX a Cyprus Inve...
FTX CEO Sam Bankman-Fried Says Firm Still Has $1,000,000,000 in Cash Left To Deploy for Acquisitions
The chief executive of crypto derivatives exchange FTX says that the company still has a sizable amount of cash left to burn on acquisitions. In a new interview with CNBC’s Squawk Box, FTX CEO Sam Ban...
FTX Secures European Investment Firm License
Cryptocurrency exchange FTX announced on Thursday that its European division, FTX Europe, obtained a license to operate as an investment firm in the region. FTX said on Thursday via a statement that i...
Crypto Payment Infrastructure Firm Opennode to Test Bitcoin Payments in Bahrain – Fintech Bitcoin News
Opennode, a bitcoin payment infrastructure firm, recently said it will run trials of its bitcoin processing and payout solution through the Central Bank of Bahrain’s regulatory sandbox. According to D...
Renowned “Bubble Predictor” And Founder Of $70 Billion Investment Firm Reveals Why “Dot-Com Crash Was Paradise Compared To Now”
New York –News Direct– Masterworks The great Warren Buffet famously said: “only when the tide goes out do you discover who’s been swimming naked.” If the markets have shown anything ...
Bitcoin (BTC) Flashing Potentially Bearish Metric, According to Crypto Analytics Firm Santiment
Bitcoin (BTC) is showing a potentially bearish pattern on the charts, according to the crypto analytics firm Santiment. Santiment notes that 1.69 million Bitcoin, worth more than $33 billion at time o...
Animoca Brands Acquires Gaming Firm WePlay Media
10 seconds ago | 2 mins read Blockchain News The purchase is intended to increase participation in motorsport-themed mobile games. Animoca bought Eden Games in April of this year. Animoca Brands, a pr...
Fidelity Investments firm to allow bitcoin trading for retail investors
Join Our Telegram channel to stay up to date on breaking news coverage As the bear market continues to keep the markets from surging too much, cryptocurrency companies have been building aggressively....
Revolut founder Nik Storonsky hires CEO for his AI-powered VC firm
Revolut founder Nik Storonsky appears to have named the CEO of his AI-powered venture capital firm Quantum Light Capital. Ilya Kondrashov, most recently the founder and advisor to Dubai-based family o...
The Merge To Proof-of-Stake Slashes Ethereum’s C02 Emissions by 99.99% Overnight: Crypto Sustainability Firm
A new Crypto Carbon Ratings Institute (CCRI) report says the successful Ethereum (ETH) blockchain merge brings the technology close to net-zero carbon emissions. The highly-anticipated Ethereum merge,...
Celsius CEO Alex Mashinsky Launches ‘Audacious’ Revival Plan for Bankrupt Crypto Firm: Report
The CEO of Celsius Network is reportedly discussing a new project that may help rebuild the bankrupt crypto lending platform. According to a new report from The New York Times, Alex Mashinsky presente...
The World’s Most Valuable EdTech Firm Byju’s Racks Up Wider Losses Amid Expansion
Byju Raveendran, founder and chief executive officer of Think and Learn, speaks during the Credit … [+] Suisse Asian Investment Conference in Hong Kong on March 26, 2019. Paul Yeung/Bloomberg Af...
Law firm Vedder Price announces first Bitcoin ETF registered under the Securities Act
Vedder Price, a global commercial law firm with offices in the United States, United Kingdom and Singapore, has launched a novel bitcoin exchange-traded fund (ETF) that’s unlike other existing Futures...
This Ethereum On-Chain Metric Is Flashing Most Bullish Signal in 16 Months, According to Analytics Firm Santiment
Ethereum (ETH) is flashing a bullish on-chain metric as it counts down the last few hours until it merges to a proof-of-stake consensus mechanism, according to crypto analytics firm Santiment. Santime...
JP Morgan invests in $20 million round for digital assets firm Ownera
JP Morgan (NYSE: JPM) is among investors backing Ownera, a digital assets trading platform for tokenised securities, the crypto network announced on Wednesday. Per a press release, the banking giant j...
SEC’s Gensler Holds Firm That Existing Laws Make Sense for Crypto
Satoshi Nakamoto writes the white paper Halloween night in 2008 – a number of years later, people start to invest in it, they’re buying and selling it. Some years later, we start to see other co...
Celsius CEO Mashinsky Proposes Resurrecting Platform As A Digital Asset Custody Firm
The saga that has been Celsius’ downfall this year has been well documented. CEO Alex Mashinsky has been a focal point of crypto critics after his engagement in ‘taking over‘ Celsius’ crypto strategy ...
I have $950,000 invested with a large financial firm, but they are charging me $1,100 a month in management fees. Is this reasonable?
Is your financial planner charging you too much? Getty Images/iStockphoto Question: I am currently a customer with a large bank and have about $950,000 invested in the markets through them. I am being...
One Altcoin May Replace Dogecoin (DOGE) and Shiba Inu (SHIB) As Number One Meme Coin, Says Analytics Firm
The crypto analytics firm Santiment argues that one controversial altcoin could replace Dogecoin (DOGE) and Shiba Inu (SHIB) as the most prominent memecoin. In a new analysis, a Santiment analyst know...
Crypto Firm BitGo Files $100m Lawsuit against Galaxy Digital for Breaching Acquisition Deal
BitGo has filed a lawsuit against crypto financial services firm Galaxy Digital. The California-based institutional digital asset financial services company is seeking more than $100 million in damage...
Crypto Tech Firm BlockFills to Offer ESG Credits to Miners
Elliot David, head of strategy and partnerships at Sustainable Bitcoin Protocol, a company that is developing an on-chain product for miners looking to certify their energy use, said that “unles...
UK Venture Firm Northzone to Invest in Web3 Startups with New €1B Fund
Northzone however doesn’t currently have exposure to NFTs, something that Schadeck said could change in the near future. London-based venture capital firm Northzone has announced that it has launched ...
Here’s How Ethereum’s Upcoming Transition Will Affect Its Token Supply, According to Crypto Analytics Firm
A prominent market intelligence firm says that the amount of Ethereum (ETH) issued per block will significantly decrease after the leading altcoin transitions to a proof-of-stake mechanism. New resear...