TeraWulf sells its 25% stake in Nautilus Cryptomine for $92M

Andy Pag, the founder and coordinator of Mt. Gox Legal (MGL) — the largest group of creditors of the now-defunct Bitcoin (BTC) exchange Mt. Gox — has quit his post and decided to sell his claim. Pag announced his decision in a letter posted to the MGL contributor forum on April 4.Mt. Gox Legal —…

Germany’s second largest stock exchange Börse Stuttgart is partnering with European digital publishing titan Axel Springer and its subsidiary Finanzen.net to jointly launch a blockchain-powered trading venue.The development was announced in a public Finanzen.net — the country’s largest online financial portal — news release on March 27, alongside a detailed media release from the three…

The entire banking concept is based on the assumption that depositors will not want to withdraw their money at the same time. But what happens when this assumption fails? The answer lies in the asset-liability mismatch of banks, which can lead to disastrous consequences for the broader financial system. Silicon Valley Bank (SVB), one of the…

One of the largest Bitcoin purchases in 2020 took more than five days to complete. 2549 Total views 15 Total shares Coinbase, the United States’ largest cryptocurrency exchange, announced that itfacilitated one of the largest institutional Bitcoin (BTC) purchases in 2020.According to an official announcement, Coinbase was selected as the primary execution partner for MicroStrategy’s…

The largest port in Europe, the Port of Rotterdam, has partnered with major Dutch bank ABN AMRO and the IT subsidiary of Samsung to test blockchain for shipping, a press-release from Samsung reports Monday, Oct. 22.According to Samsung SDS – the IT and tech division created by Korean tech giant Samsung – the trial will…

The platform is anticipated to launch in the first quarter of 2022 and will facilitate buying, selling and licensing of metaverse assets. 1097 Total views 17 Total shares MetaMundo, a virtual nonfungible token (NFT) marketplace focused on metaverses, has announced the completion of a seed funding round of $2.7 million.Led by Animoca Brands, MetaMundo’s debut…

The vast majority of the funding will come from BitDAO, one of the fastest growing decentralized treasuries in the world. 1038 Total views 24 Total shares As outlined in a prepared statement obtained by Cointelegraph, Game7 is an upcoming $500 million blockchain ecosystem acceleration decentralized autonomous organization, or DAO, with the goal of onboarding gamers…

For the week ending July 15, ETH investment products posted $120 million worth of inflows, marking the largest weekly inflows for the asset since June 2021. 242 Total views 5 Total shares Institutional sentiment toward Ether (ETH) appears to have shifted into positive gear, with digital investment products offering exposure to the asset having posted…