Bitcoin Miner Bitfarms Closes $15M Brokered Private Placement

On paper, the concept of a “stablecoin” is relatively simple. Cryptocurrencies are notoriously volatile, and traders like being able to cash out quickly. Stablecoins are cryptocurrencies that allow for just that. Tied 1:1 to the price of a particular fiat currency (usually the U.S. dollar), they’re a way for traders to turn volatile crypto into…

markets View Bitcoin has dropped by $300 in the last 24 hours. Even so, the outlook remains neutral as key Fibonacci retracement support at $7,850 is still intact. Bitcoin’s volatility gauge has dropped to the lowest level in over six months. The low volatility period will likely end with a big move on the higher…

“We see the current growth of internet-native organizations as the next step in the evolution of human coordination. We are excited to support the founders who are building the tooling that will serve as the foundation for these types of organizations,” wrote the Seed Club Ventures team in the announcement post. “And, as we continue…

New customers will have to complete level 1 know-your-customer (KYC) verification starting Sept. 1.Regulators often criticized crypto exchanges for a perceived laxity in KYC checks, saying they lead to fraud, money laundering and terrorist financing.Singapore-based cryptocurrency exchange Bitget is to tighten its know-your-customer (KYC) requirements for users wishing to deposit or trade on its platform…

Blockchain startup Bitsy wants to help build out the bridge between cryptocurrencies and fiat money. To that end, the company announced a new crypto wallet Friday, one aimed at providing a simplified, user-friendly experience. CEO Ann-Marie Hopkins told CoinDesk that the wallet will allow users to buy some amount of cyptocurrency, such as bitcoin, and ensure…

Dec 23, 2020 at 12:30 p.m. UTCValid Points: Forget Staking, There Are Still Coins to Be Mined on PoW Ethereum‘Twas the penultimate night before Christmas, when all through the network, every machine was stirring, down to even the smallest Raspberry Pi. While businesses, the stock markets and many restaurants will be closed for the holidays, Ethereum…

news Yesterday, ethereum celebrated its fourth birthday. Four years ago, on July 30, 2015, the world’s first general-purpose blockchain platform went live. Called ethereum, the platform was the first of its kind to feature a Turing-complete virtual machine and native programming language able to deploy code of any algorithmic complexity. “Before ethereum, developers had to…

A little-known rule proposed by the U.S. Securities and Exchange Commission (SEC) that is disliked by vast numbers of the finance firms — particularly banks — and vehemently opposed by the majority of the crypto industry is essentially getting revived by President Joseph Biden.This is an excerpt from The Node newsletter, a daily roundup of

"Traditional Crypto-Pump groups are being copied and legitimized by WallStreetBets," Jehan Chu, co-founder and managing partner at Kenetic Capital, told CoinDesk. Jan 31, 2021 at 7:28 p.m. UTCXRP Posted Biggest Single-Day Gain in 3 Years in a Coordinated Buying AttackXRP rallied hard on Saturday in a move similar to a crowd pump recently observed in…