TL;DR Breakdown • Dubai lags in crypto adoption due to its regulations.• Laws in Bahrain are friendly to crypto exchanges. After the greatest exponent in cryptocurrencies set up its operations in the ...
Tag: operations
Binance Halts Operations in Israel Following Financial Regulator’s Request
Binance has stopped its marketing activities and suspended operations in Israel after the country’s financial regulator asked it to do so. The issue has to do with licensing, and the platform will not...
Zenfinex Has Recruited Michel Chabbouh as CEO MENA to Head Its UAE operations
Zenfinex has announced that it has recruited Michel Chabbouh as CEO MENA, effective from January 2022. In a recent press release shared with Finance Magnates, Michel Chabbouh, a veteran senior executi...
Wall Street Engaging in Crypto Business Operations (COIN, OWUV, APTY, AXXA)
HodlX Guest Post Submit Your Post Bitcoin is making headlines and waking up investors around the globe, including Wall Street. Aside from the investors, publicly traded companies are also shifting ...
Gold-i Elevates Mark Alvarez-Buylla and Appoints David Hillier to Sales Operations
Gold-i announced that it has Elevated Mark Alvarez-Buylla to Chief Commercial Officer and appointed David Hillier as Senior Sales Consultant to its Sales Operations team. According to a press release ...
ENS dumps director of operations in condemnation of homophobic tweets
True Names Limited, the nonprofit behind distributed domain protocol Ethereum Name Service, announced it would be ending its contract with director of operations Brantly Millegan after many uncovered ...
Texas Crypto Miners brings down operations, anticipated Winter storm
Major crypto operations are mostly shutting down as the Winter storm is expected to hit Texas this week. Governor Greg Abbott received a letter from BTC mining firms informing him about ERCOT’s needs....
Texas Crypto Miners To Close Operations On Upcoming Winter Storm
Major Texas crypto miners adopt a proactive approach and close down 99% of their mining operations to fear an expected Arctic blast. A massive winter storm with heavy snow, rains, and flash flooding w...
Extreme weather conditions forces crypto miners to halt operations
Bitcoin miners in Texas are downing tools for some days due to the anticipated extreme weather conditions expected to hit the state this week. Miners in Texas shut power According to a Bloomberg repo...
Silvergate Capital Purchases Diem Operations to Develop Own Stablecoin – Bitcoin News
Silvergate Capital, an investment firm that is the parent company of the Silvergate Bank, acquired the technology and assets of Diem, the formerly Facebook-backed stablecoin payment system. The paymen...
Texas Crypto Miners Shuttering Operations as Winter Storm Approaches
To be sure, Texas, there are programs available for heavy power consumers such as crypto miners, to incentivize them to lower their energy usage during peak demand periods. For example, in exchange fo...
Crypto miner in Texas shuts down 99% of operations as winter storm approaches
With Winter Storm Landon expected to hit parts of Texas this week, major crypto mining firms are powering down in anticipation of high demands on the state’s power grid. Speaking to Cointelegraph on W...
Everything You Need to Know About B-Book Operations
For years, brokerage providers have been forced to address public perception over market making versus straight through processing. Can a broker represent a counterparty’s best interests if they aren’...
Five Global mining Dominants to be considered for crypto operations
Bitcoin and mining were some of the words most heard in the year 2021, which witnessed significant changes in the industry. The Chinese crackdown resulted in countries like the U.S., Canada, etc., see...
Indonesia Bans Crypto Operations for Financial Firms
Arman Shirinyan Indonesia financial regulator adds new limitation for financial institutions that are working with digital assets The Financial Service Authority of Indonesia has warned numerous finan...
Tom Brady’s NFT platform Autograph raises $170M to scale operations
The nonfungible token (NFT) marketplace Autograph co-founded by Super Bowl champion Tom Brady has announced it closed on a $170 million funding round. In a Wednesday announcement, Autograph said Andre...
BXM Operations Plans to Buy Germany’s Bankhaus Von Der Heydt
In an effort to create regulated crypto products, BXM Operations AG, a company founded by Alexander Höptner, CEO of BitMEX, and Stephan Lutz, CFO of BitMEX, has announced its intention to acquire Muni...
Shark Tank’s Kevin O’Leary plans to open his own mining operations this year
The chairman of O’Shares and Beanstox, Kevin O’Leary, aka Mr. Wonderful, best known as a panelist on the reality series Shark Tank, revealed his interest in opening his own Bitcoin mining operations i...
Citi to sell consumer banking operations to UOB in Malaysia, Indonesia
A Citibank branch in New York, U.S., on Friday, Jan. 7, 2022. Victor J. Blue | Bloomberg | Getty Images Citigroup will sell its consumer banking businesses in Indonesia, Malaysia, Thailand and Vietnam...
FIA Tech Introduces UK R&D and Operations Centre in London
FIA Tech is a new subsidiary located in the UK focusing on Research and Development that services UK and European clients. FIA Tech, a global technology provider to more than 8,000 firms, announced to...
Bitcoin Mining Operations in Kazakhstan Restore 90% of Production but Hashrate Still Lagging
Major bitcoin mining firms in Kazakhstan have restored between 80% to 90% of production after days of rioting, according to Alan Dordjiev, head of the Kazakh National Association of Blockchain and Dat...
Hydroelectric Plant Powering Crypto Mining Operations in Costa Rica
One hydroelectric power plant in Costa Rica has been repurposed to power several cryptocurrency mining operations. The facility is based on the Poas River around 35 kilometers from the capital, San Jo...
Multi-Sig DAO Wallets Set to Change the Game in Crypto Fund Management and Operations
Despite tremendous growth over the past decade, the crypto market still lags in some fundamental factors. One of the major challenges in this burgeoning niche is the security of digital assets stored ...
$8 Billion German Internet-Banking Giant N26 to Launch Crypto Operations This Year
Arman Shirinyan One of the largest online banks in Germany reconsiders its expansion plans and strategy, plans on focusing on cryptocurrency trading One of the founders of German online bank giant N26...
Chinese Crackdown Bolsters Bitcoin Mining in Thailand, Bigger Investors Eye Setting Up Operations in Laos – Mining Bitcoin News
A crackdown on bitcoin mining by China has led to an increase in the number of Thai investors that have acquired and are operating mining rigs, a report has said. The report adds that many of these in...