Bitcoin mining CEO eyes hashrate contracts to offset rising costs

“Defendants say, in passing, that Israel is the more appropriate forum, but fail to provide any supporting detail,” stated lawyers in the class-action suit. 156 Total views 9 Total shares Lawyers representing investors for BProtocol Foundation, the parent company of decentralized liquidity network Bancor, are asking for the case against the blockchain firm to be…

While serving as the secretary of state for business, energy and industrial strategy, Nadhim Zahawi was part of a department suggesting support for blockchain technology in 2021. 182 Total views 33 Total shares Recently elected Conservative Party leader and prime minister of the United Kingdom Liz Truss has appointed Kwasi Kwarteng as the country’s newest…

The Bank of Korea has tapped six experts to assess possible legal issues surrounding the launch of a central bank digital currency. South Korea's central bank, the Bank of Korea, has formed a legal advisory group to evaluate issues surrounding a potential central bank-issued digital currency (CBDC) launch.According to a press release the central bank…

Former Facebook Vice President and Deputy General Counsel Paul Grewal will lead crypto exchange Coinbase’s legal team. 941 Total views 14 Total shares Paul Grewal, a former US magistrate judge in California and Deputy General Counsel for Facebook, is joining crypto exchange Coinbase’s legal team.In a July 8 announcement on the Coinbase blog, the crypto…

The world’s largest crypto exchange announced two subsidiary suspensions within one month. 1297 Total views 13 Total shares The world’s largest cryptocurrency exchange is launching a new affiliate program in Africa after announcing the termination of its Uganda-based service.On Nov. 3, Binance officially announced the launch of the Binance Africa Affiliate Program aiming to promote…

As the various stakeholders in the European Union continue to research the potential of a single central bank digital currency (CBDC), representatives of both private and public banking institutions share their opinion on the digital euro.In a new issue of the biannual Views magazine published in April, the topic of the digital euro received a heavy…

A survey showed that more than 70% of respondents believe they have the right tools to become crypto billionaires. 263 Total views 46 Total shares While some Americans believe that they could become billionaires by trading cryptocurrencies, some Redditors think that it may be better to aim for lower and more reasonable goals, such as…

BitMex’s parent company has undergone a corporate restructuring to allow it to make investments in the digital currency space. 410 Total views 3 Total shares HDR Global Trading Limited, the firm behind veteran crypto derivatives platform BitMex, has undergone a corporate restructuring and will now be known as ‘100x Group.’HDR announced the new holding structure…

Bitcoin (BTC) threatened to ditch $23,000 as support on Feb. 25 as an ongoing price correction strengthened into the weekend.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewBTC price support inches lowerData from Cointelegraph Markets Pro and TradingView showed BTC/USD attempting to decide the fate of the $23,000 mark on the day.The pair had lost almost $1,000…