Infinex NFTs top $40M sales in first four days, despite NFT bear market
The Framework Ventures-backed platform has surpassed $150 million in TVL, despite a wider downtrend in the NFT market.
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Fidelity purchases 7.4% stake in Marathon Digital Holdings for $20M
Multinational financial services firm, Fidelity Investments, has announced the purchase of a 7.4% stake of major North American mining company, Marathon Digital Holdings.Marathon currently operates 19,000 miners, with a further 100,000 machines slated for deployment over the next 12 months. With $4.9 trillion in assets under management Fidelity is one of the world’s largest financial…
India misinterpreted private crypto ban, says crypto bill creator
India's former finance secretary Subhash Garg clarified that "it is misleading to say that private cryptocurrencies will be banned." 2827 Total views 27 Total shares The creator of India’s crypto bill, former Finance Secretary Subhash Garg, dismissed the notion of banning “private cryptocurrencies” as a misinterpretation while highlighting the enormous potential of cryptocurrencies and blockchain…
Chinese Experts Suggest Using Blockchain Tech in ‘Social Credit’ System
Chinese technology experts held a seminar titled "Blockchain technology helps China's new social credit system" on Jan. 14. English-language news outlet China.org.cn reported on Jan. 22 that over 20 experts from universities, research institutes and businesses attended the event.China’s social credit system is a citizen reputation system that the Chinese government is currently developing. Social…
Cryptocurrency Firms Now Recognized as Money Service Businesses in Canada
From today onwards, Canadian firms operating with virtual currencies will be legally recognized as Money Service Businesses. 4412 Total views 115 Total shares Cryptocurrency exchanges and payment processors are now legally recognized as Money Service Businesses (MSB) within Canada.June 1 saw the enactment of amendments to Canada’s Proceeds of Crime (Money Laundering) and Terrorist Financing…
Charles Hoskinson: “Ethereum Moves at The Speed of Vitalik”
Ethereum co-founder Charles Hoskinson believes Vitalik-centric approach hinders the development of the platform. 1680 Total views 34 Total shares Cointelegraph recently sat down for an interview with Ethereum (ETH) co-founder and Cardano (ADA) founder Charles Hoskinson. During the interview, he discussed his criticism of the development of the Ethereum platform.“His first project”Hoskinson believes that one…
Crypto miner PrimeBlock reportedly plans to go public through 10X Capital merger
The merger could result in a valuation of the two firms at roughly $1.5 billion following a $150 million fundraising round from 10X Capital Venture. 75 Total views 3 Total shares Prime Blockchain, also known as PrimeBlock, is reportedly preparing for a public offering in the United States through a special-purpose acquisition company, or SPAC. In…
China’s Great Firewall Blocks Popular ETH Block Browser Etherscan
China's Great Firewall, a tool used to ban Chinese citizens from using sites like Google and Facebook, has listed a major explorer for Ethereum’s (ETH) blockchain.According to data from non-profit monitoring organization GreatFire, China allegedly blocked one of the most popular ETH block browsers, Etherscan, in October 2019. As of Dec. 3, Etherscan’s domain remained…
Wyoming lawmakers pass bill to prevent forced disclosure of private keys
If Wyoming Governor Mark Gordon signs the bill, from July 1 individuals in Wyoming will be protected from being forced to divulge their private keys, with one limited exception. 366 Total views 7 Total shares Own this piece of history Collect this article as an NFTWyoming lawmakers have passed a bill that will prohibit courts…