Mining company CleanSpark sold only 2.54 Bitcoin in July

The company's trademark owner applied for its name to be used in software “to view, access, store, monitor, manage, trade, send, receive, transmit, and exchange” crypto and NFTs. 124 Total views 12 Total shares Major credit card company Visa may be planning to explore digital wallet services based on two recent trademark applications. According to records…

Algo Capital, an investment arm of United States-based blockchain firm Algorand, has lost roughly $1–2 million in Tether (USDT) stablecoins and Algorand (ALGO) tokens after its CTO Pablo Yabo’s mobile phone was compromised.The breach allowed hackers to gain access to Yabo-managed Algo hot wallet, a source familiar with the matter told Coindesk on Oct. 5.The…

JPMorgan Chase (JPM) — the United States’ largest bank with over $2.62 trillion in assets — has reportedly rehauled the infrastructure of its blockchain platform Quorum with the help of Microsoft. The development was reported by crypto media outlet Coindesk on May 9.As reported, Quorum is JPM’s private blockchain platform built on the Ethereum protocol.…

VTB Factoring acquires a tokenized debt pool of industrial companies via the Lighthouse blockchain. 192 Total views 3 Total shares VTB Factoring, a subsidiary of Russia’s state-owned bank, reported the first major deal with digital finance assets. As part of the deal, the bank subsidiary acquired a tokenized debt pool of the engineering company Metrowagonmash,…

Ferrari will be issuing exclusive digital content for its fans in collaboration with Swiss blockchain startup Velas. 1794 Total views 35 Total shares Italian luxury sports car manufacturer Ferrari is moving into the blockchain industry by inking a partnership with Swiss blockchain startup Velas Network.Ferrari officially announced Monday that it had signed a multi-year agreement…

The recently reintroduced Token Taxonomy Act (TTA) will create a de minimis tax exemption for crypto transactions under $600, according to the executive director of Coin Center, Jerry Brito, at Consensus 2019 on May 13.The de minimis tax exemption stipulates that if a crypto owner experiences a capital gain up to $600 of crypto, then…

According to a series of mining metrics, not only are miners holding hard but they’re also dramatically increasing their hash rate. 243 Total views 3 Total shares Bitcoin (BTC) miners are holding more and more Bitcoin while “relentlessly expanding” their operations in 2022. A report by Arcane Research indicates that publicly listed Bitcoin miners are…

Canary Capital, Franklin Templeton, and VanEck are among asset managers that have applied for a Solana ETF in the United States. Digital asset manager Grayscale registered with the United States Securities and Exchange Commission (SEC) to list the Grayscale Solana (SOL) Trust exchange-traded fund (ETF) on the New York Stock Exchange (NYSE). The ETF will