CleanSpark to raise $550M via bond, not buy BTC with proceeds

Cryptocurrency-powered web browser Brave Browser announced that its monthly active user count increased 125% over the past year. 2129 Total views 44 Total shares Brave Browser, a cryptocurrency-powered web browser, announced that its monthly active user count increased 125% over the past year.According to a June 1 announcement, Brave Browser’s monthly active users reached 15.4…

Security token offerings, or STOs, have more or less taken the mantle from their semi-defunct counterpart, the initial coin offering (ICO). Still, the extreme rise and subsequent fall of the ICO has left quite an impression on the cryptocurrency industry.At its peak prevalence in 2017, this novel fundraising prototype accumulated a total of $6.2 billion…

Mining firm Argo Blockchain installs 1,000 more mining machines, financial news outlet ProactiveInvestors reports on Sept. 19.The addition of the new machines would take the company’s total number of miners to 6,000. Furthermore, the firm also plans to acquire another 6,000 of them in the next two quarters.The firm, publicly traded on the London stock…

The agency delayed similar proposed rule changes by other exchanges in February. The US Securities and Exchange Commission has postponed ruling on whether or not to permit Cboe BZX Exchange to list options tied to asset manager Fidelity’s Ether (ETH) exchange-traded fund (ETFs).  The agency has given itself until May 14 to approve or disapprove

Repeatedly, proponents of disruptive technologies have proven that regulation and innovation have an immense potential to actualize a mutually beneficial existence. The often delicate relationship between innovators and regulators — which may be mired by antagonism — is fundamental to the functioning of the global economy, especially at times as challenging as we are facing…

Akoin president Jon Karas says Akon’s crypto city could be the proving ground African economies need. The businessman behind Akon City, the 2,000-acre crypto project in Senegal ‘powered by’  Akoin tokens, has explained how the futuristic $6 billion city will work.Co-founded with singer Akon, the whitepaper for the Akoin cryptocurrency published in March, says it…

Nearly 60% of the electricity used to power Bitcoin mining machines comes from sustainable sources, according to the latest Q2 2022 report from the Bitcoin Mining Council (BMC).In its Q2 review of the Bitcoin network released on July 19, the BMC found that the global Bitcoin mining industry's use of sustainable energy is up 6%…

José Manuel Campa reportedly suggested the European Banking Authority may be unprepared for regulating the changes that come with a “very dynamic” crypto space. 168 Total views 14 Total shares The chair of the European Banking Authority, or EBA, a European Union agency that regulates banking activities, has reportedly expressed concern that a dearth of…

According to the crypto mining firm, the South Carolina facility has been capable of drawing 80 megawatts of power, two thirds of which is produced from zero carbon energy sources. Bitcoin mining company Greenidge Generation announced it would be starting operations in South Carolina as early as this year.In a Friday announcement, Greenidge said it…