Blockstream Mining issues hashrate-backed security token in fundraise
Blockstream is essentially selling four-year claims on the proceeds from its Bitcoin mining operations in exchange for funding.
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Angelenos push back on new Crypto.com arena: ‘It will always be the Staples Center’
"We are always gonna call it Staples Center no matter what lil name you slap on the building," said writer and professor Roxane Gay, who owns a home in Los Angeles. 613 Total views 7 Total shares Residents of Los Angeles, sports fans and social media personalities are making light of Crypto.com’s plans to rename…
Bitcoin Difficulty Sees Two-Year Record Surge as Hash Rate Mimics 2017
The Bitcoin (BTC) mining difficulty has seen its biggest upward move for over two years after warnings over BTC price selling pressure.According to data from on-chain monitoring resource BTC.com on June 17, the latest difficulty adjustment saw difficulty increase by 14.95% — the most since January 2018.Bitcoin difficulty shoots up 15%The increase tops previous automated…
Greenidge Generation will use BTC mining profits to build solar farm
According to the mining firm, it aims to create high-tech jobs for residents and support local businesses with the solar farm. 473 Total views 12 Total shares Bitcoin mining company Greenidge Generation is planning to increase the number of renewable energy sources available for use in New York.In a Thursday announcement, Greenidge said it would…
Crypto Payment Firm: ‘Volume of Transactions in Africa Has Risen 130 percent in 2018’
A site enabling consumers to buy Bitcoin using hundreds of different payment methods says demand is thriving despite declining cryptocurrency prices — with Africa being its biggest market.Paxful says the volume of transactions it has processed from the continent has risen by more than 130 percent — and now, an average of 17,351 trades per…
European Parliament Calls for Increased Blockchain Adoption in Trade
The European Parliament has called for measures to increase the adoption of blockchain technology in trade and administration with a provisional resolution published on Dec. 13.The resolution, dubbed “Blockchain: a forward-looking trade policy,” generally considers blockchain “as a private, permissioned distributed ledger technology (DLT)” but also admits that “various case studies and industries will derive…
SEC-approved crypto IPO issuer INX acquires STO platform OpenFinance
The crypto industry records another major acquisition in 2020. 2314 Total views 23 Total shares According to an official announcement, INX has signed a term sheet for the acquisition of OpenFinance, which operates as a registered broker-dealer in compliance with the Financial Industry Regulatory Authority and the Securities Investor Protection Corporation.With the new deal, INX…
Telecom Giant Vodafone Explores Blockchain to Verify Suppliers
Multinational telecommunications company Vodafone is exploring blockchain’s capabilities to improve its supply chain.By integrating blockchain into its internal processes, Vodafone aims to advance its supply chain by promoting and verifying a number of suppliers through a digital identity platform dubbed Trust Your Supplier, the company announced on March 6.To implement diversity criteriaThe announcement further explained…
U.S. Government Extends Daily Trillion Dollar Repo, Again Dwarfing Crypto Market Cap
The U.S. government has extended its daily trillion-dollar repo mission until the end of March, making the entire crypto market cap seem even smaller by comparison.“The Federal Reserve Bank of New York announced it will further extend its daily repurchase agreement operations (also known as ‘repo’) to $1 trillion for the rest of March,” CNBC…