Riot revenue rises 65% from 2023 but says hashrate plans hampered

Having supported Zug’s Crypto Valley in the early days and founded Crypto Oasis in Dubai to serve as blockchain innovations hubs with regulatory certainty, Ralf Glabischnig is practically a node of the blockchain industry.When Bitcoin companies began pouring into his small town in Switzerland in 2013, Ralf Glabischnig was an IT consultant turned entrepreneur running…

A 23-year old Singaporean accused of unlicensed Bitcoin dealing is set to become the first person to be charged under the city-state’s Payment Services Act. A 23-year old Singaporean accused of unlicensed Bitcoin (BTC) dealing is set to become the first person to be charged under the city-state’s Payment Services Act.The Singapore Police Force said…

Ethereum has been going skyhigh in more ways than one. According to blockchain data platform Blockchair, the average transaction fees paid by Ethereum users have reached a new record average of over $7.50.Average Ethereum transaction fee in USD chart. Source: BlockchairDuring a similarly congested period from June - July 2020, Ethereum co-founder Vitalik Buterin called…

Tom Jessop, the president of Fidelity Digital Assets, the cryptocurrency trading arm of United States financial services giant Fidelity, announced that the firm may add support for Ether (ETH) in 2020 is there is sufficient demand for it.During an interview with industry news outlet TheBlock published on Dec. 13, Jessop answered questions about the firm.…

Smart contracts are no longer the biggest concern, as hackers are vying for easier targets, such as private key leaks.

South Korea’s biggest internet corporation Kakao will reportedly integrate its crypto wallet in its messaging app KakaoTalk, local financial news agency Fnnews reported on March 18.According to the report, more than 44 million South Korean KakaoTalk users will be able send peer-to-peer transactions using Kakao’s crypto-powered wallet.The South Korean messaging giant will reportedly integrate the…

Crypto-supportive Silvergate Bank has signed on a slew of new cryptocurrency customers in the fourth quarter on 2018, according to a recent filing with the United States Securities and Exchange Commission (SEC).The filing reveals that as of Dec. 31, 2018, Silvergate had 542 digital currency-related clients including cryptocurrency exchanges and miners, custodians and global investors,…