USDe stablecoin issuer Ethena raises $100M to launch new token — Report
Ethena Labs founder Guy Young previously announced plans to roll out iUSDe — a product designed for regulated financial institutions — in January.
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Digital Asset Trader AlphaPoint Upgrades Security Token Services for Institutions
Digital asset exchange AlphaPoint has upgraded its security token service designed for institutional clients, according to a press release obtained by Cointelegraph Thursday, March 28.The company that provides services to private equity, real estate, funds, and other institutional investors is now offering to issue asset-backed security tokens for its clients. AlphaPoint believes that tokenization will…
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Altcoins follow Bitcoin price’s lead as uncertainty grips crypto market
Cryptocurrency investors all over the globe have been facing a challenging time for over a month thanks, in large part, to the unprecedented price drops that have happened across the board in relation to most prominent digital currencies available in the market.Since the start of June, the total market capitalization of this relatively nascent space…
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Canada to host Bitfury’s new 28MW crypto mining facility
The new crypto mining facility in Sarnia, Ontario is expected to operate at 16 megawatts by the end of this month and will be scaled to operate at 28 MW by May. 194 Total views 21 Total shares Blockchain company Bitfury announced the launch of a new crypto-mining data center in Ontario, Canada. The new…
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FTX paid $12M retainer to a New York law firm before bankruptcy filing
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As ProgPoW Aimed at Stopping ASIC Mining Gets Supporting Votes, New Conspiracies and Debates Appear
Ethereum (ETH) network users have unanimously supported the ProgPoW algorithm, which is expected to make the platform resistant to application-specific integrated circuit (ASIC) miners. Initially, opponents of the update prevailed over supporters by a margin of 96 percent, according to a Cointelegraph report on Feb. 15. The current scenario is exactly opposite, with 94 percent…
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Crypto.com Simplifies Crypto Tax Reporting for Its Users
Payments and cryptocurrency platform Crypto.com has simplified cryptocurrency tax reporting for its users through a new partnership with three tax providers.On March 24, Crypto.com announced the collaboration with crypto tax calculator CoinTracker, crypto tax software platform TokenTax and crypto tax reporting firm CryptoTrader.Tax.Now, Crypto.com’s users can import their historical crypto transactions from the platform into…