Crypto Biz: Bitfarms gets new board after months of power struggles

A real mining project is planning to utilize blockchain technology to maximize the potential of land rich with precious metal and natural resources.Blue Hill Mining says its project is based in an “exceptional location” in Mongolia — and that, after eight years of geological planning, research across 10 percent of its surface area has indicated…

Security concerns surrounding public blockchains may be enough to dissuade enterprises from adopting the tech, according to a Salesforce exec. 4979 Total views 44 Total shares Salesforce’s SVP for emerging technology, Adam Caplan, says that is difficult for enterprises to place trust in public blockchains as they do not offer any access and governance controls.During…

What a twist! YouTube pulled the plug on our seven-hour livestream. YouTube’s censorship rabbit hole is deep, especially as it pertains to cryptocurrency topics.Cointelegraph had a full day of programming lined up for a livestream that covered Bitcoin’s third block halving on May 11. The agenda mostly went off without a hitch — fintech luminaries…

German neobank Bitwala offers users interest rates up to 4.3% with its new Bitcoin Interest Account product. 2774 Total views 91 Total shares All 80,000 users of German neobank Bitwala can now purchase, hold and earn interest on Bitcoin (BTC) in their bank accounts thanks to a new partnership with cryptocurrency lending platform Celsius Network. According…

As the TON blockchain is open-source and permissionless, individual users and projects must be careful to ensure their own safety.

SBI Holdings is reportedly considering mergers and acquisitions as a means of solidifying a potential deal. 958 Total views 6 Total shares Japanese financial conglomerate SBI Holdings is reportedly planning to set up a joint cryptocurrency venture with foreign financial companies.SBI CEO Yoshitaka Kitao said that the Japanese company is in talks with other financial…

In a tweet, Lawyer Jake Chervinsky expressed his hopes that the governor will veto the bill “for the sake of New York.” 389 Total views 14 Total shares As the state of New York pushes forward a bill that will ban proof-of-work (PoW) mining once approved, members of the crypto community express their disagreement through…

Founded in 2014 in Mexico, Bitso is now officially present in Argentina, Brazil, El Salvador and Colombia. 238 Total views 34 Total shares Bitso, a major Latin American cryptocurrency exchange and El Salvador’s crypto wallet assistant firm, has announced its formal launch in Colombia.As part of Bitso’s development strategy in Colombia, the exchange has hired…

The trading of so-called “unbacked cryptoassets” such as Bitcoin (BTC) and Ether (ETH) should be regulated as gambling rather than a financial service, a panel of British lawmakers said in a new report. The United Kingdom is currently working on a crypto regulatory framework that would mix existing financial asset laws with new crypto-specific rules. However,…