Hut 8 surpasses $1B in Bitcoin holdings after $100M acquisition

Publicly traded United States-based company Riot Blockchain has filed with the Securities and Exchanges Commission (SEC) to launch a new regulated cryptocurrency exchange called RiotX in the U.S. by the end of 2019. The regulator published the documents on March 14.The company declares in the filing that its subsidiary, RiotX Holdings Inc, would operate the…

The Visa Creator Program is the latest in a string of initiatives that Visa has carried out as it targets the digital creator economy. 176 Total views 3 Total shares Visa announced the official launch of the Visa Creator Program, a one-year product strategy and mentorship program for entrepreneurs working in art, music, fashion and film…

Cryptocurrency institutional investors overwhelmingly keep their wealth on exchanges despite the inherent security risks, new data claims. Compiled by cryptocurrency exchange Binance on Nov. 22, a survey asked 76 institutional investors who used its platform about their trading habits. Exchange storage “most popular choice”The survey was part of Binance’s Institutional Market Insights research, which is now in…

Fresh panic over Evergrande appears to have a limited impact on cryptocurrency markets. 5185 Total views 39 Total shares Bitcoin (BTC) kept $50,000 as a focus on Dec. 9 as consolidation on BTC/USD continued to avoid last week’s lows.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin “appears on track”Data from Cointelegraph Markets Pro and TradingView showed the…

Despite the financial volatility that has engulfed the global economic landscape over the last month or so, there seems to be no stopping the growth of the cryptocurrency market, especially the nonfungible token (NFT) sector. This growth is highlighted by the fact that crypto’s total market capitalization has increased from around $800 billion to $1.8…

Cake DeFi Ventures will fund crypto startups across Web3, the Metaverse, the NFT space, gaming, esports and fintech spaces that complement the company’s core business. 775 Total views 28 Total shares Singapore-based decentralized finance (DeFi) services firm Cake DeFi announced the launch of a $100 million venture arm dedicated to serving as accelerators for Web3,…

Bitcoin miner CleanSpark entered into a definitive agreement to purchase two turnkey mining campuses in the U.S. state of Georgia. 581 Total views 1 Total shares Crypto mining firm CleanSpark is moving forward with its aggressive infrastructure expansion in the United States by acquiring two Bitcoin (BTC) mining facilities in a $9.3 million cash deal. According…

According to Coin ATM Radar, there are currently 38,725 crypto ATMs worldwide, with a vast majority located inside the United States.