Crypto stocks surge alongside Bitcoin price rally

A U.S. firm expects to double its Bitcoin hashing power after the purchase of 4,800 new S19J mining rigs from Bitmain. 4263 Total views 17 Total shares Pennsylvania software firm Integrated Ventures has announced the purchase of 4,800 Bitcoin (BTC) mining rigs from Chinese manufacturer Bitmain. The deal is worth just over $34 million and…

Bitcoin bears are out in force with BTC price trajectory quickly headed back to $60,000.

Bitcoin network hash rate hit a new record high, seeing a 400% increase since the mining ban by China last year. 602 Total views 20 Total shares The hash rate of the Bitcoin (BTC) network hit a new ATH, even when the price of the top cryptocurrency struggled to get past the $40,000 mark.The network's hash…

Backers hail from Solana Labs, Coinbase Ventures and Celestia, among others.

Following a recent warning on vulnerabilities on Bitcoin’s (BTC) Lightning Network (LN), a startup claims to have found instances of the vulnerability being exploited.Upgrade advised to avoid loss of fundsOlaoluwa Osuntokun, CTO at LN-focused startups Lightning Labs and ACINQ, revealed the news in a brief statement on Linux Foundation’s domain on Sept. 10, claiming that…

Famous emerging markets investor Mark Mobius believes that Bitcoin (BTC) needs to be backed by gold to have any value.Crypto and blockchain are “very risky situations”Mobius, founder at frontier markets asset manager Mobius Capital Partners, expressed concerns over risks associated with cryptocurrencies and blockchain tech in an interview on Squawk Box on Sept. 5.When CNBC’s…

The government of Hubei, the Chinese province at the epicenter of the COVID-19 (Coronavirus) outbreak, issued a report on Feb. 18 detailing measures taken against the disease. The officials revealed that they tracked both offline and online purchases of fever medicine to organize relief efforts.As the emergency situation shows no signs of slowing down, provincial…

Two of the world’s largest container carriers announced a full integration onto IBM and Maersk’s TradeLens blockchain platform. CMA CGM, a French container and shipping company, along with MSC Mediterranean Shipping Company have joined the TradeLens network to enable a complete digital transformation of their supply chains.Marvin Erdly, head of TradeLens for IBM Blockchain, told…

Blockchain firm AVA Labs acquired private investment platform Investery to further expand its operations.AVA Labs told Cointelegraph on Feb. 27 that the acquisition will enhance its financial offering by enabling access to private asset platforms and the issuance of private financial assets. Furthermore, Investery’s existing partnerships will also transition over to AVA.An expansion to private…