Jack Dorsey-backed Bitcoin mining pool opens headquarters in El Salvador
Launched in late 2024, Ocean Mining has now established an international hub and headquarters in El Salvador’s capital city, San Salvador.
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Bitcoin miners hodl 27% less BTC after 3 months of major selling
According to a fresh prediction from crypto analysis firm Arcane Research, miners will continue to sell more BTC than they earn.Miners sold nearly 30% of record BTC stash since MayThe trip to $25,000 this month decreased pressure on a Bitcoin mining sector which has struggled throughout 2022.At one point, fears abounded that miners’ production cost…
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FTX asks bankruptcy judge to stop BlockFi from claiming Robinhood shares
The 56 million Robinhood Markets shares at stake are currently worth around $450 million. 442 Total views 7 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTEmbattled crypto exchange FTX asked for the assistance of a United States bankruptcy judge to prevent crypto lending firm BlockFi from claiming around $450 million worth of…
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China releases final anti-monopoly rules targeting major tech and payments firms
China's market regulator finalizes rules that have been three months in the making. 4066 Total views 18 Total shares China has finalized new guidelines to aid in antitrust battle against tech giants. On Feb. 7, the State Administration for Market Regulation released finalized rules for its anti-monopoly push against e-commerce and payments giants like Alibaba, Ant Group…
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Georgia lawmakers consider giving crypto miners tax exemptions in new bill
The state is expected to have 56,000 Bitmain miners operating by October as part of an agreement with Bitmain, ISW Holdings, and Bit5iv. 79 Total views 14 Total shares Five members of the Georgia House of Representatives have introduced a bill that would exempt local crypto miners from paying sales and use tax.On Monday, Georgia…
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Blockchain Firm Says Banks Need DLT to Manage Identities Better
Blockchain firm HashCash plans to create a federated and sovereign digital identity architecture to be used in banking processes. Blockchain firm HashCash Consultants claims that banks are "chief arbiters" of people's identities, and need blockchain technology to do it better.According to an Aug. 11 announcement, “accurate identification of an individual is central to banking activities…
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More foreign banks join China’s CBDC pilot trials
A total of four foreign banks have integrated China’s e-CNY CBDC thus far. 145 Total views 1 Total shares More foreign banks have joined China’s digital yuan central bank digital currency (CBDC), the e-CNY, following British bank Standard Chartered’s entry on Nov. 27, bringing its total to four.According to local news reports, Hong Kong-based HSBC, Hang
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MicroStrategy CEO offers to share his Bitcoin playbook with billionaire Elon Musk
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Aave launches open-source platform for social networking DApps on Polygon
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