Bitmain Confirms New Crypto Mining Facility in Texas
Bitcoin mining hardware giant Bitmain is officially setting up shop in Rockdale, Texas, and expects to launch mining operations early next year.
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Lawyers Ramp Up Pressure to Exhume Quadriga CEO’s Body
Jan 28, 2020 at 21:51 UTCUpdated Jan 28, 2020 at 22:26 UTCGerald Cotten, late CEO of QuadrigaCX, circa 2015, image via Decentral Lawyers Ramp Up Pressure to Exhume Quadriga CEO’s BodyLawyers representing the former users of the QuadrigaCX platform are doubling down on a formal request to exhume the exchange’s founder’s body.Miller Thomson, the court-appointed…
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South Korea’s SK Group Proposes Blockchain-Based Donation Platform and Two Tokens
news The SK Group, one of the largest conglomerates in South Korea, is creating a blockchain-based donation platform, reports IT Chosun, the technology publication of the Chosun Ilbo. The company also proposed two new tokens have been proposed in the design of the platform. According to the report, SK Corporation C&C, the group’s IT arm,…
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China Is Winning the Coronavirus Information War
Apr 6, 2020 at 19:00 UTCUpdated Apr 6, 2020 at 19:43 UTCChina Is Winning the Coronavirus Information WarTeddy Fusaro is the chief operating officer at Bitwise Asset Management, a cryptocurrency asset management firm in San Francisco. He has held management and leadership positions at alternative asset management companies for the past decade, and began his…
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When Tether Warnings Are Marketing Tools
feature “We’re in a scary place, because if Tether’s pretty systematically embedded in the crypto market infrastructure, trading on several tokens might fall.” Usually, such talk, premised on the assumption that much of the cryptocurrency market is dependent on the dollar-pegged token known as tether or USDT, might sound like clear-eyed realism (to hardened skeptics)…
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Bitcoin and Ether Lender BlockFi Raises $18.3 Million Series A
news Crypto lending startup BlockFi received $18.3 million in a Series A funding round led by Valar Ventures, the company announced Tuesday. Valar, which was founded in part by PayPal co-founder Peter Thiel, was joined by Winklevoss Capital, Galaxy Digital, ConsenSys, Akuna Capital, Susquehanna, CMT Digital, Morgan Creek, Avon Ventures and PJC. Valar’s investment was…
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10 Years After Lehman: Bitcoin and Wall Street Are Closer Than Ever
Hank Paulson, former secretary of the U.S. Treasury, called it "an economic 9/11." Having loaded up on mortgage debt that went sour, then failed to find a savior in the government or private sector, the 158-year-old Wall Street investment bank Lehman Brothers filed for bankruptcy on Sept. 15, 2008. The fallout over the following days,…
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Bitcoin Breaks Above $45K, Traders Predict a Possible $50K Push
Bitcoin (BTC), the world's largest cryptocurrency by market value, has pushed above the $45,000 mark for the first time since the day after the spot ETFs began trading on Jan. 11. At press time, BTC was higher by 4.9% over the past 24 hours to $45,034, modestly outperforming a 4.4% rise for the broader CoinDesk
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CoinDesk’s New Owner Bullish Replaces CEO in Restructuring
CoinDesk’s longtime CEO Kevin Worth is out amid a major restructuring initiated by the media, events and information company’s new owner, the crypto exchange Bullish.In Worth's place the exchange has appointed Sara Stratoberdha, who previously ran business development for Bullish."CoinDesk will remain an independent subsidiary of Bullish and Sara is committed to maintaining CoinDesk's journalistic