Bitfarms acquires Stronghold Digital Mining in $125M deal

NFT hunters are suddenly rediscovering these forgotten vintage collectiblesLove them or hate them, blockchain collectibles are having a moment.It’s good art. It’s bad art. It’s good, bad art. Folks are flipping apes and robots and pixely punks. Tweets (which are arguably ownerless) are worth millions to the right buyer. Literal children — we’re talking humans…

Phil Spencer argues that “gamers have been in the Metaverse for 30 years” as games already offer 3D shared worlds for people to communicate in. 252 Total views 8 Total shares Phil Spencer, the head of Microsoft’s gaming company Xbox is optimistic about the Metaverse but remains “cautious” about play-to-earn (P2E) crypto games due to…

The Japanese Financial Services Agency (FSA) received 190 cryptocurrency exchange license applications, an unnamed FSA staff member told Cointelegraph Japan on Dec. 28.The FSA has given the local crypto industry self-regulatory status, certifying the Japanese Virtual Currency Exchange Association (JVCEA) to oversee the space. The JVCEA is now expected to develop anti-money-laundering (AML) policy and…

Privately held insurance advisory American Association of Insurance Services (AAIS) has introduced its blockchain-based insurance database and reporting tool, according to an announcement video posted August 15. The platform, dubbed Insurance Data Link (openIDL), is based on IBM's enterprise blockchain solution, using Hyperledger Fabric. The platform intends to reduce “burdensome” statistical reporting processes, as well…

Major phone operator China Telecom has released a white paper on blockchain-powered smartphones in the 5G Era.China Telecom introduced the white paper at the China International Intelligent Industry Expo on Aug. 27, according to a report by local finance news outlet Sina.Existing troublesIn the document, China Telecom pointed out the potential benefits of applying blockchain…

Bitcoin faces immense volatility as Mt. Gox repayments flood the market.

According to data research firm Messari, Ripple’s selloff causes inflation to hit 20% — five times that of Bitcoin, inflicting downward price pressure. 341 Total views 4 Total shares Data from research firm Messari indicates that Ripple’s circulating supply (XRP) inflation rate is coming up to 20% for the latest financial year. Highest among the…

The first quarter of 2020 saw ransomware attacks targeting devices in Singapore spike by four-fold compared with last year. 735 Total views 23 Total shares Data published by Russian cybersecurity firm Kaspersky indicates that Singapore has seen a significant increase in the prevalence of attempted cryptojacking attacks during the first quarter of 2020.Kaspersky estimates that…

If you’re looking at the price of Bitcoin (BTC), it’s hard to be bullish these days. The flagship cryptocurrency has once again broken below $40,000, with analysts foretelling of a much bigger decline in the weeks ahead. Unfortunately, many new investors forget to treat crypto as an exponential asset class and therefore, let short-term price…