On October 26, the bitcoin mining operator Aspen Creek Digital Corporation (ACDC) announced that the company has commenced operations at its solar farm-powered high performance computing center (HPCC)...
Tag: news
MAS Seeks to Ban All Forms of Crypto Credits in Singapore
The Monetary Authority of Singapore (MAS) has issued a new set of guidelines in its characteristic manner to tame the risks inherent in the crypto industry to retail consumers. The MAS said Digital Pa...
Crypto Payments Firm Bitpay Adds MATIC Support, Panini America to Accept Polygon Payments – Bitcoin News
Bitcoin and crypto payment services provider Bitpay has announced that the company now supports the Polygon (MATIC) network. According to the firm, Bitpay app users will be able to store, trade, and s...
Cash App Introduces Bitcoin Transactions via Lightning Network
Payment processing app created by Block Inc, Cash App, has now added support for Bitcoin transactions enabling users to both send and receive Bitcoin via the lightning network. After its integration w...
LBank Labs Invites Czhang to Join as Investment Group Member – Press release Bitcoin News
press release PRESS RELEASE. Internet City, Dubai, Oct. 26, 2022 — Crypto Investment Group, LBank Labs, welcomes new member Czhang to their investment committee team. With many successful investment c...
NYDIG Launches Wolf an Accelerator for the Lightning Network
Stone Ridge Holdings Group, the parent company of Bitcoin infrastructure provider NYDIG has launched In Wolf’s Clothing (Wolf), an accelerator dedicated to the Bitcoin Lightning Network Layer-2 protoc...
DOGE Hits 2-Month High, ADA Rallies by 10% – Market Updates Bitcoin News
A day after hitting a one-week high, dogecoin raced to a two-month high earlier in today’s session. Wednesday’s surge in price comes as the global cryptocurrency market was up by nearly 7% on the day....
Crypto Exchange MEXC Introduces Second-Level K-Line Function for Real Time Furtures Trading
To enhance real-time futures trading, crypto exchange MEXC has introduced the second-level K-line function. The latest function will incorporate the one-second time period, given that the K-line chart...
White House Says Reports of National Security Reviews on Elon Musk Are ‘Not True’ — Tesla CEO Prepares to Close Twitter Deal Friday – Featured Bitcoin News
The White House has clarified that the Biden Administration is not discussing subjecting Elon Musk’s ventures to national security reviews. The Tesla CEO is reportedly preparing to close the $44 billi...
Australia to Continue Treating Cryptos as Assets
Australia has decided to continue treating cryptocurrencies as assets. According to the Australian government’s budget announcement on Tuesday, legislation will be put upon treating digital curr...
BTC, ETH Hit 6-Week Highs as Dollar Loses Steam – Market Updates Bitcoin News
Bitcoin rose to its highest level in six weeks on Wednesday, as the U.S. Dollar continued to weaken versus several G7 currencies. The latest decline in USD comes as consumer confidence in the United S...
Freeport-McMoRan’s Turn to the Upside Is Just What the Dr. (Copper) Ordered
By BRUCE KAMICH Oct 24, 2022 | 01:30 PM EDT Stocks quotes in this article: FCX Copper producer Freeport-McMoRan ( FCX) finished the past week with a good upside rally on the heels of a slim earnings b...
BaaS to Boost Blockchain Adoption in the Healthcare Market, Study Shows
The enhanced adoption of blockchain as a service (BaaS) is anticipated to boost the blockchain in the healthcare market, according to a report by Research and Markets. Since BaaS entails third-party ...
5% Global Business Transactions Expected to Utilize Blockchain Technology by 2028: SkyQuest
At least 5% of worldwide business transactions are expected to utilize blockchain technology thanks to heightened activity in the fintech blockchain market, according to a report by research firm SkyQ...
Recent Poll Shows Citizens of El Salvador Still Not Sold on Bitcoin – Emerging Markets Bitcoin News
A recent poll completed by the Public Opinion University Institute, part of the Simeon Canas Centroamerican University, has found that El Salvador is still not attracted by the idea of bitcoin as lega...
Trademark Applications Show Western Union Entering Crypto Space
Remittance giant Western Union has filed several crypto-related trademark applications with the U.S. Patent and Trademark Office. Trademark attorney Mike Kondoudis revealed that matter on Tuesday via ...
The Central Bank of the Republic of Turkey Plans to Launch CBDC in 2023
Turkey’s Presidential Strategy and Budget Office reportedly have submitted the President’s annual plan for 2023, which included discussions on a central bank digital currency (CBDC). The Turkish gover...
Compound Protocol Halts Supply of Four Tokens Due To Low Liquidity
After many votes in favour of it, the decentralized lending protocol Compound has decided to pause the supply of four tokens used as lending assets for collateral on the platform. Due to their low liq...
Apple Unveils Stricter App Store Rules for Crypto and NFTs — Critic Says Firm Wants to Keep Money in Its Ecosystem – Featured Bitcoin News
According to Apple’s latest guidelines for developers seeking to have their apps included in the App Store, crypto exchange applications should only facilitate the transfer of crypto funds to approved...
New Crypto PR Tool Is Reshaping the Crypto News Cycle
Marketing to cryptocurrency enthusiasts is significantly different than marketing to any other tech-savvy group. The main difference lies in the main challenge that crypto marketers have to face: reac...
U.Today Now Included in Algory’s Cryptocurrency News Aggregator
Arman Shirinyan News from U.Today now available for Algory aggregator’s users Contents Crypto news aggregator Cryptoscanner Algory cryptocurrency market scanner added U.Today to its own Cryptocu...
Google Struggles with Ad Revenue as Crypto Firms Reduce Spending
Alphabet said that reduced advertising spending by crypto companies has undermined Google’s revenue growth during the third quarter of 2022. The ongoing crypto winter has brought a slowdown in a...
Mastercard, BitOasis Roll Out Crypto-Linked Cards in the MENA Region
Payment giant Mastercard has inked a deal with Middle East-based cryptocurrency exchange BitOasis to establish a series of crypto card programs aimed at boosting daily cryptocurrency usage in the Midd...
Paypal and Western Union File Trademarks for Wide Range of Crypto Services – Featured Bitcoin News
Financial services companies Paypal and Western Union have each filed three new trademark applications covering a wide range of crypto services. Paypal’s applications are also for the payments giant’s...
Minima Launches Crypto Payment App with Minipay As Pilot Partner
Minima on Tuesday announced that it has completed a pilot blockchain-based retail payment system with Minipay, a financial company offering an online payment system for digital content, goods, and ser...
Bitcoin Miner Cleanspark Raises Year-End Outlook by 10%, Firm’s Hashpower Surpasses 5 EH/s – Mining Bitcoin News
On October 25, the bitcoin mining operation Cleanspark announced that the firm’s hashrate now exceeds 5 exahash per second (EH/s), a milestone achieved more than two months ahead of the company’s orig...
Bitcoin Surges Past $20,000, Ether Bounces As USD Weakens
Fresh data from TradingView financial visualization platform shows that the crypto market is witnessing a strong rally currently. Bitcoin finally surged above the $20,000 price level on Tuesday, Octob...
Rishi Sunak Becomes UK Prime Minister — He Wants to Make Britain a Global Crypto Investment Hub – Regulation Bitcoin News
Britain’s former Chancellor of the Exchequer Rishi Sunak has become the country’s new prime minister, succeeding Liz Truss who resigned after 44 days in office. The leader of the Conservative Party pr...
Tel Aviv Stock Exchange has good news for crypto traders
The Tel Aviv Stock Exchange (TASE), Israel’s only public stock exchange, on 24 October disclosed its plans to build a blockchain-based platform to expand its trading services to cryptocurrencies and o...
US Financial Stability Risks Could Materialize, Cites ‘Dangerous and Volatile Environment’ – Economics Bitcoin News
Treasury Secretary Janet Yellen has warned that financial stability risks could materialize in the U.S. Noting that “Inflation remains too high, and we are contending with serious global headwinds,” s...
US Charges Chinese Spies in Scheme to Bribe Government Employee With Bitcoin to Steal ‘Secret’ Documents – Regulation Bitcoin News
The U.S. has charged two Chinese intelligence officers in a scheme to bribe a U.S. government employee to steal “secret” documents relating to the prosecution of a company in China. The defendants pai...