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Bitcoin (BTC) Records Fourth Consecutive Mining Difficulty Decline
Bitcoin (BTC) has become increasingly easier to mine for the fourth straight difficulty epoch as the network continues to feel the effect of the sweeping crypto mining ban in China. Meanwhile, the hash rate is expected to migrate to the Western hemisphere with mining establishments keen to upscale their operations to cover the temporary voidRead More дальше »
2021-7-20 04:00 | |
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Here's why mining Bitcoin continues to get easier
China's crackdown on Bitcoin's mining operations directly affected the largest cryptocurrency's price trajectory, there's no denying this. While the mining bans were a big blow for mining companies anThe post Here's why mining Bitcoin continues to get easier appeared first on AMBCrypto. дальше »
2021-7-20 04:00 | |
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Financial Report Shows Bit Digital Is Transferring 14,500 Bitcoin Miners From China to the US
Following the bitcoin mining crackdown in China, the Nasdaq-listed firm Bit Digital published a second-quarter bitcoin production and mining operations update and noted the company is moving 14,500 bitcoin miners from China to the United States. дальше »
2021-7-16 00:30 | |
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Compass Mining Partners With Oklo to Power Bitcoin Mining Operations With Advanced Fission
Bitcoin mining firm Compass Mining announced the company has entered a 20-year partnership with Oklo Inc., a California-based firm that produces clean, emission-free energy via advanced fission. Oklo explains the company is committed to providing 150 megawatts (MW) of clean power to Compass in order to drive bitcoin mining operations. Advanced Fission and Bitcoin Mining […] дальше »
2021-7-15 20:00 | |
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Solana Based Crypto Wallet Phantom Raises $9M to Scale Operations
Non-custodial wallet Phantom has raised $9 million in Series A funding led by Andreessen Horowitz (A16z). A16z Leads Phantom’s Series A Funding The funding round was led by Andreessen Horowitz (A16z) and had participation from Variant Fund and the Solana Foundation. дальше »
2021-7-15 17:43 | |
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Crypto Miners Are Buying Up Entire Power Plants
As the energy demands of cryptocurrency mining garners increased scrutiny, some mining operations are cutting out the middleman and setting up shop inside existing power plants. These companies are in search of what’s called “stranded power,” which could be an existing power plant or an abandoned facility with access to dormant energy sources, […] дальше »
2021-9-8 21:05 | |
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Argentinian Crypto Exchange Buenbit Raises $11 Million To Expand Operations In The Continent
Buenbit, an Argentina based crypto exchange, has raised $11 million in a funding round. The firm plans to expand operations in Latin America. Crypto Exchange Buenbit Raises $11 Million The platform announced on Monday that it has raised $11 million in a Series A funding round led by Libertus Capital. Other members of the funding […] дальше »
2021-7-13 22:00 | |
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Binance Faces Ban In China And Blocks In Europe
European banks began blocking customer payments to the crypto exchange Binance after the UK financial watchdog banned operations of Binance's subsidiary in the UK. In China, Binance faces blocks of its website and apps. дальше »
2021-7-13 18:48 | |
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Iran’s Vice President Orders Licensed Crypto Miners To Suspend Operations
As Iran’s electricity disruptions continue, the country's Vice President has now charged all Bitcoin miners to stop operations altogether. Electricity Crisis May Continue Until August The Vice President, Eshaq Jahangiri, said that the current electricity situation for Iranians is likely to continue until early August. дальше »
2021-7-8 22:19 | |
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Binance CEO CZ Responds To High Hostility From Several Financial Regulators
Binance CEO has finally responded to the rising hostility of its operations by various financial regulators, resulting in a direct effect on fund deposits from its customers with accounts in traditional financial institutions like Barclays. дальше »
2021-7-8 19:19 | |
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London-Based Multibillion-Dollar Hedge Fund Marshall Wace Plans Mega Bitcoin Investment
British Investor Paul Marshall’s $55 billion hedge fund is reportedly planning to invest in the cryptocurrency industry. A report by the Financial Times stated Tuesday that according to people familiar with the firm’s operations, the Marshall Wace hedge fund is interested in gaining exposure to crypto assets by investing in crypto startups that are in their […] дальше »
2021-7-7 22:22 | |
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“Top” Bitcoin Miner Predicts Bleak Crypto Future In China
The founder of Bitcoin mining pool BTC. TOP, Jiang Zhuoer, has made another prediction on the future of this sector in China. Large BTC mining operations have been forced out of the country, as the Asian Giant crackdowns on the industry. дальше »
2021-7-6 20:44 | |
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BREAKING: US financial regulator FinCEN hires its first-ever chief digital currency advisor
Michele Korver has been involved in crypto-focused Anti-Money Laundering operations since as early as 2013.
дальше »2021-7-6 17:34 | |
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Nigerian Twitter Suspension Has Unintended Effects on Country’s Crypto Community
On the surface, it looks like Nigeria’s suspension of Twitter operations on June 4 may have been triggered by the microblogging company’s decision to take down a controversial tweet — from President Mohammed Buhari. дальше »
2021-7-6 14:30 | |
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Barclays UK Customers Can No Longer Transfer Funds To Binance
Barclays clients in the UK can no longer transfer funds to Binance after the bank indefinitely banned credit and debit card transactions to the exchange, according to recent reports. The apparent ban comes roughly two weeks after the UK’s Financial Conduct Authority (FCA) stated that Binance Markets Limited, the firm’s UK operations, was not holding […] дальше »
2021-7-6 02:34 | |
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IBC Group to end Bitcoin and Ethereum Mining in China, and Move Staff to UAE, Canada, USA, Kazakhstan, Iceland, and Various South American Countries
The IBC group has significant Bitcoin and Ethereum mining operations across China and has over 1500 people employed in more than 40 cities. The group, which has... дальше »
2021-7-6 19:08 | |
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Marathon Digital’s Latest Update Suggests Uptick in U.S. BTC Mining
One of North America's largest enterprise bitcoin (BTC) self-mining operations produced 265.6 new minted bitcoins last month, a company update revealed. The post Marathon Digital’s Latest Update Suggests Uptick in U.S. BTC Mining appeared first on BeInCrypto. дальше »
2021-7-5 18:48 | |
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SoftBank Invests $200 Million in Latin America Crypto Exchange
This fresh capital will be used to scale Mercado Bitcoin’s operations, expand its offerings, and invest in infrastructure to meet the rising demand for cryptocurrency in the region. The post SoftBank Invests 0 Million in Latin America Crypto Exchange first appeared on BitcoinExchangeGuide. дальше »
2021-7-2 18:55 | |
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China Forces Crypto Miners to Close Shop Causing Bitcoin Price to Plummet
China started closing down Bitcoin mining operations as it sees the crypto activities as a threat to the environment; on top of that, the decentralized network and unregulated business operations can open avenues for illegal activities. дальше »
2021-7-2 13:11 | |
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Swiss crypto prime brokerage Covario to use METACO Harmonize to scale operations
METACO, a provider of security-critical infrastructure for blockchain assets, today announced that Covario, a Swiss-based crypto-asset prime brokerage service, has selected the METACO Harmonize platform to organize and scale its digital asset custody operations. дальше »
2021-7-2 23:49 | |
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MANTRA DAO Reality TV Series Follows DeFi Ecosystem’s HQ in Action
The decentralized finance (DeFi) ecosystem MANTRA DAO has begun releasing a weekly series of reality-TV-style episodes following the daily operations of their Hong Kong HQ. Three episodes have been produced and are available on MANTRA DAO’s A Week in the Life YouTube channel. дальше »
2021-7-1 09:20 | |
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China: Bitmain-Funded Firm to Completely Decarbonize Its Crypto Mining Operations
SAITECH, a company aiming to solve the climate change crisis, plans to eventually power its crypto mining operations with 100 percent renewable energy, significantly reducing their carbon print emissions in line with China’s strong national policies on decarbonizing by 2060, a new report on June 29 shows. дальше »
2021-7-1 05:00 | |
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Blockware Mining Raises $25M — Firm Looks to Make ‘Hashrate in the US More Globally Competitive’
On Wednesday, the North American bitcoin mining operation Blockware Mining announced the firm closed a $25 million investment round. According to the company, Blockware Mining aims to leverage the financing to expand operations “beyond its currently installed North American footprint. дальше »
2021-6-30 21:00 | |
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Ripple Welcomes Sendi Young as Managing Director of Europe
Today, Ripple is thrilled to announce the appointment of Sendi Young as Managing Director of its European operations. In the midst of rapid growth, Sendi will oversee strategy and champion the expansion of Ripple’s global financial network technology, RippleNet, which delivers financial solutions that enable customers to easily run and scale their business. дальше »
2021-6-30 11:00 | |
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Argo Blockchain Secures $20 Million, Bitcoin-Backed Loan To Expand Texas Mining Farm
Bitcoin mining company Argo Blockchain has secured a $20 million, bitcoin-backed loan agreement to expand its operations in Texas. дальше »
2021-6-30 20:10 | |
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Bitcoin and China: Why this move cannot be 'underestimated'
China’s crackdown on cryptocurrency mining operations in the country was widely discussed in the last couple of months. Several conversations around this development are emerging, be it in the mediaThe post Bitcoin and China: Why this move cannot be 'underestimated' appeared first on AMBCrypto. дальше »
2021-6-29 06:00 | |
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Stobox announces community awards worth $10 K in STBX token
Stobox Exchange, to launch on July 1, will provide full access to the world of cryptocurrencies and digital assets. Operations on the Exchange are powered by STBU Token, listed on Gate.io, a Tier-1 CrThe post Stobox announces community awards worth $10 K in STBX token appeared first on AMBCrypto. дальше »
2021-6-28 16:15 | |
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Iran grants 30 licenses to mining farms despite power shortage
The Iranian government has given 30 crypto mining farms licensees to continue operations despite the power shortage currently witnessed in the country. According to the report, four of the licenses were granted to miners at the province of Alborz while six mining farms in the Semnan province received licenses as well. дальше »
2021-6-28 13:46 | |
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Binance Responds to UK Exchange Service Restrictions
Binance offered a series of tweets responding to the U.K. FCA, after the latter sent a notice to the exchange saying that it was not permitted to carry out regulated operations in the country. The post Binance Responds to UK Exchange Service Restrictions appeared first on BeInCrypto. дальше »
2021-6-28 12:32 | |
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Nigerian High School Defies Regulatory Bodies By Accelerating Bitcoin Adoption
Countries like Nigeria, which are classified as emerging markets with weak economies, are seeing a huge surge in crypto activities. As with the case in Nigeria, these activities are usually related to crypto companies and exchanges opening operations in the country and recording significant growth in trading volume. This time though, the news is coming […] дальше »
2021-6-28 23:49 | |
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Does Binance Coin have the potential to register sharper price movements?
Binance made headlines after Japan’s financial regulator warned that the cryptocurrency exchange was not registered to perform operations in Japan. More recently, the exchange halted operations in OThe post Does Binance Coin have the potential to register sharper price movements? appeared first on AMBCrypto. дальше »
2021-6-28 21:00 | |
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Ontario Crackdown on Crypto Exchanges Continues With Binance Leaving the Province
Cryptocurrency exchange Binance will no longer provide services in the Canadian province of Ontario. The decision comes amid ongoing regulatory pressure on digital asset trading platforms that has already affected the operations of several exchanges. дальше »
2021-6-27 15:30 | |
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VC Giant Andreessen Horowitz Announces Its Third $2.2.B Crypto Fund
Coinspeaker VC Giant Andreessen Horowitz Announces Its Third $2. 2. B Crypto Fund With this massive move a16z aims to bring crypto to the mainstream. To expand its operations, a16z is hiring some of the top officials who have worked in the financial regulatory and tech space. дальше »
2021-6-25 14:14 | |
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Japan, Portugal Approve New Cryptocurrency Exchanges
Japan and Portugal announce approval of new cryptocurrency exchanges in the nations. Portugal has approved two exchanges so far, while Japan has allowed Coinbase to function within the country. Japan Approves Coinbase Coinbase can finally start operations in Japan as the country’s top financial regulator has approved the organization within the nation. As of this […] дальше »
2021-6-24 22:16 | |
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Canaan To Begin Mining Bitcoin Itself, Setting Up Operations In Kazakhstan
Leading bitcoin mining rig manufacturer Canaan will start mining BTC itself and is setting up new operations in Kazakhstan. дальше »
2021-6-23 18:04 | |
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Bit Mining Moving 3,000 Bitcoin Mining Machines to Kazakhstan Following China Crackdown
Shenzhen-based Bit Mining has started shipping bitcoin mining machines to Kazakhstan as the Chinese government cracks down on bitcoin mining operations in the country. Bit Mining Ltd. , a mining company based in Shenzhen, announced Monday that “it had successfully delivered its first batch of mining machines to Kazakhstan. дальше »
2021-6-22 16:30 | |
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Korean Exchanges Delisting Altcoins as Banking Contracts Renewal Looms
In preparation for the go-live of the new crypto exchange law scheduled to take effect in September 2021, South Korean exchanges are actively delisting obscure altcoins from their platforms, as the crypto-supporting lenders including NH Nonghyup Bank, and Shinhan Bank, among others, is now reviewing the operations of these exchanges to ensure they are fullyRead More дальше »
2021-6-22 11:00 | |
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Bitcoin Network Can Start Recovering with Hash Rate Dumped 50%, Chinese Miners Already Migrated Overseas
Many small and medium-sized operations in China are also not affected. The upside further means the path to recovery is faster, and miner capitulation usually represents the best buy signals in Bitcoin history. дальше »
2021-6-22 16:20 | |
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