Crypto markets rebound as Trump puts Canada, Mexico tarriffs on hold
Both Canada and Mexico have agreed to implement policies to stop the flow of illegal drugs and immigration into the US after a phone call with US President Donald Trump.
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California revokes BlockFi’s lending license 2 years after bankruptcy
Bankrupt and now defunct BlockFi has entered into a settlement agreeing to the license revocation and to cease unsafe practices.
Bitmain Calls Ex Co-Founder’s Claims of Holding 36% Equity Baseless
Bitmain releases a public statement saying that co-founder Zhan’s claims of owning a 36% stake in Fujian Zhanhua are baseless. 1778 Total views 37 Total shares The world’s largest cryptocurrency mining rig producer Bitmain released a statement on April 27 condemning deposed co-founder Micree Ketuan Zhan’s attempts to regain control over Fujian Zhanhua Intelligence Technology…
Reddit partners with Ethereum Foundation to boost scaling and resources
The social media network says the aim of the partnership is to bring Ethereum to "Reddit-scale" production. 1433 Total views 14 Total shares Popular social media network Reddit, which counts over 1.7 billion monthly visits, is deepening its ties with the Ethereum Foundation in what it has formalized as its first-ever blockchain partnership.According to an…
UK Bitcoin Miner Eyes 240% Capacity Boost With New $10M Hardware Order
United Kingdom-based mining firm Argo Blockchain has doubled its order of new cryptocurrency miners as it eyes “significant expansion” of its capacities.An Oct. 30 report from Proactive Investors revealed that the firm — which is listed on the main market of the London Stock Exchange — is poised to increase its current hash power by…
Crypto Markets Continue Trading in Red, Oil Reports Losses
Thursday, July 11 — major cryptocurrency markets are trading in the red zone, with just a few coins reporting moderate gains, according to Coin360.Market visualization courtesy of Coin360The leading cryptocurrency Bitcoin (BTC) has continued coming down after yesterday;s sharp drop to trade at around $11,740 as of press time. The coin has lost 4.39% over the…
Bitcoin and crypto here to stay despite market turmoil: Community
A Twitter user argued that the FTX crisis was only a black swan event that only its executives and a few others could have seen coming. 797 Total views 6 Total shares Despite crypto markets being on a downturn, members of the community have expressed their undying faith that Bitcoin (BTC) and crypto are here…
Bukele advisers said BTC adoption was ‘complete PR move’ — TIME reporter
According to a TIME Magazine correspondent, El Salvador President Nayib Bukele used Bitcoin to “change the narrative” on the country’s international perception.
US Bitcoin miners expanding operations despite price volatility
Some BTC miners in the U.S. expect to double their capacity through 2022 while other global operations have been selling BTC to secure cash reserves. Crypto mining operations based in the United States are committed to increasing their hash power with more hardware despite Bitcoin’s (BTC) three-month downturn.The Marathon Digital Holdings and GEM Mining companies…