Mawson Infrastructure Group, an Australian Bitcoin miner, announced on Friday that it signed a 12 megawatt (MW) hosting co-location deal with the U.S. crypto mining services provider Foundry Digital. ...
Tag: Services
Russian Banks Turn to China to Sidestep Cutoff From Payments Systems
Russian banks that have been cut off from global payments networks are turning to China’s state-owned UnionPay system as the country tries to sidestep boycotts by Western businesses for its invasion o...
Mastercard, Visa suspend services in Russia amid invasion of Ukraine
advertisement Payments giants Russia and Visa joined the growing ranks of payments firms and fintechs that have suspended operations in Russia amid that country’s invasion of Ukraine. In stateme...
Paypal Joins Other Payment and Remittance Providers Suspending Services in Russia – Bitcoin News
A number of payment and remittance platforms, now including Paypal, have restricted access to their services in Russia as western sanctions over Moscow’s invasion of Ukraine continue to expand. Fintec...
PayPal, Visa, and Mastercard Suspend Services in Russia
Companies are withdrawing from Russia in droves, and three of the biggest payments companies, PayPal, Visa, and Mastercard, just joined the group. The three US-based financial giants announced that th...
Suspend Services Following the Ukraine War
Visa, Mastercard, and PayPal joined the massive number of companies leaving Russia following Putin’s “special military operation” against Ukraine. As such, the question remains if Russians will turn t...
Virginia Senate allows state banks to offer crypto custodian services
Crypto assets custody services have been approved in Virginia, United States. Recently, the senate unanimously approved a bill amendment request that allows traditional banks operating in the Commonwe...
At Ford, the Chip Shortage Isn’t Getting Any Better. There Are More Output Cuts.
Text size The Ford company logo is displayed on a sign outside of the Chicago Assembly Plant on February 03, 2021 in Chicago, Illinois. Scott Olson/Getty Images The semiconductor shortage that is cons...
‘We need to increase oil & gas output immediately,’ Elon Musk says as Ukraine crisis jolts U.S. crude to 2008 high
Elon Musk voiced an unusual stance for an electric-vehicle executive on Friday. Tesla Inc.’s TSLA, -0.12% chief executive said the U.S. needs to immediately increase production of oil and gas in a twe...
U.S. State Virginia Will Allow Banks To Offer Crypto Custody Services
Virginia’s Senate on Friday unanimously approved a bill that will allow banks in the state to provide crypto custody services, granted they have enough resources to manage the associated risk. The bil...
US Virginia Senate allows state banks to offer crypto custody services
The Senate of Virginia in the United States unanimously approved a bill amendment request that now allows traditional banks operating in the Commonwealth of Virginia to provide virtual currency custod...
PayPal suspends its services in Russia over Ukraine war
The PayPal app shown on an iPhone. Katja Knupper | DeFodi Images | Getty Images PayPal said Saturday it was suspending its services in Russia, adding to the number of firms retreating from the country...
PayPal Suspends Services in Russia
Financial services provider, PayPal today confirmed that it has suspended its services in Russia amid the invasion of Ukraine. Dan Schulman, President and Chief Executive Officer of PayPal, said that ...
Virginia Will Now Allow Banks To Offer Crypto Custody Services
Virginia’s Senate on Friday unanimously approved a bill that will allow banks in the state to provide crypto custody services, granted they have enough resources to manage the associated risk. The bil...
Coinbase CEO says the exchange will not halt services to Russian users
There have been concerns that Russia could use cryptocurrencies to avoid the sanctions imposed on the country by the US and its allies. The Ukraine vice prime minister, Mykhailo Fedorov, had urged all...
‘Horrified’ Microsoft Suspends Product Sales And Services In Russia Amid Ukraine Invasion
Topline Microsoft is halting new sales of products and services in Russia, the company said in a statement Friday, joining a growing list of Western companies including IKEA, Apple and Google to dista...
XRP-Powered Services Growing Rapidly As Tranglo Enables Ripple’s ODL Solution For All Its Payment Corridors ⋆ ZyCrypto
Advertisement     Key Takeaways Ripple’s partner activates ODL service for cross-border payments. Tranglo’s global network that includes over 100 countries will use XR...
Animoca Brands to Halt Trading Services to Russian Users
Animoca Brands, a leading blockchain company and venture capital firm based in Hong Kong, announced on Wednesday that it would stop its trading services to Russian users in response to the invasion of...
Bright days ahead: Tranglo enables XRP’s ODL services across 25 payment corridors
Blockchain services provider, Ripple witnessed another development in the expansion of its On-Demand Liquidity (ODL) services. It collaborated with one of the leading cross-border payment firms in Asi...
Digital Rewards/Points Services: How Nexus Fits In
Customer loyalty is highly prized in today’s market. With fierce competition among retailers, companies want to not only retain and reward consumers but also keep their brand relevant and the recognit...
Payment services provider Shift4 acquires The Giving Block for $54 million
According to an investor presentation published Tuesday, U.S.-based payment solutions provider Shift4 announced its acquisition of The Giving Block in cash and stock for $54 million, plus a potential ...
ThinkMarkets Launches FX Trading Services in Japan
ThinkMarkets has officially entered the Japanese forex trading market by launching its online trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, com...
Wirex integrates Avalanche offering services for 4.5M users
TL;DR Breakdown Users of Wirex’s App, Wallet, and Payment System can now use the Avalanche blockchain. Wirex has a 4.5 million user base in more than 120 countries. According to a recent report, the ...
Money transfer fintech Wise pulls the plug on its services in Russia
advertisement UK fintech Wise has today put a halt on its transfers to Russia, according to a Reuters report. The move is a response to Western powers cutting some of the country’s banks from th...
Covid-19 Vaccine Makers Face a New Rival as GlaxoSmithKline and Sanofi Prepare to Enter the Ring
As new Covid-19 cases fall, the postpandemic vaccine market grows more interesting. On Wednesday, GlaxoSmithKline and Sanofi, two of the world’s largest vaccine makers, said they would submit a Covid ...
Ethereum Mining Pool Ceases All Services to Russia
The fifth-largest Ethereum mining pool – Flexpool – announced it will no longer provide services to customers in Russia. By doing so, the entity opposed Putin’s military operation and showed solidarit...
Financial Services Giant BNY Mellon Partners with Chainalysis
Blockchain data platform, Chainalysis recently announced that the company has joined hands with the Bank of New York Mellon Corporation (BNY Mellon), to provide crypto compliance tools. BNY Mellon aim...
BNY Mellon and Chainalysis team up to offer crypto services
TL;DR Breakdown • Blockchain research platform will offer its three risk control tools.• Chainalysis promotes Blockchain networks and exploration of the crypto market with a complex system. Chainalysi...