Worksport stock jumps 9% after adding BTC, XRP to treasury strategy
Worksport plans to dedicate up to 10% of its surplus operational cash to purchase Bitcoin and XRP.
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Texas town residents sue Marathon Digital over crypto mine noise
A group of residents in Granbury, Texas, sued Marathon Digital, claiming noise from its nearby Bitcoin mine is a “nuisance” that caused health issues for some locals.
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CZ Says Crypto Exchanges Need ‘Global Mindset’ to Grow Internationally
In a recent interview with Cointelegraph, Binance CEO Changpeng Zhao, aka CZ, has lended his expertise on how to set up a global cryptocurrency exchange and outlined four key criteria to follow in order to ensure success.. ‘Global mindset’ is a mustCZ stressed that having a “global mindset” is a must, as cryptocurrency exchanges who claim…
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Key Players in Crypto and Blockchain Share Their New Year’s Wish for 2020
The digital currency space has seen rapid growth and expansion in 2019, with heightened interest from governments and global corporations. Cryptos recovered from the 2018 bear market, when with Bitcoin (BTC) crashed to as low as $3,800, leaving numerous experts to paint a gloomy picture of a longstanding bear market and call the downturn in…
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New Bill Would Presume Digital Assets Not to Be Securities in California
New legislation in California may help establish definitions of digital assets as securities, though nationwide impact is uncertain. Per new updates to a bill to amend California’s securities law introduced in the state’s legislative body on May 5, the largest economy in the United States and the world’s tech hub may be providing new clarity…
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‘GoxRising’ Movement Aims to Reboot Mt. Gox Exchange, Make ‘Gox Coin’ for Creditors
A new movement dubbed “GoxRising” is calling for a new, accelerated rehabilitation plan for creditors of the now-defunct Bitcoin (BTC) exchange Mt. Gox, with the long-term goal of rebooting the trading platform. The development was reported in an interview with its author, controversial industry figure Brock Pierce, by TechCrunch Feb. 7.As previously reported, roughly 24,000…
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The Lizard People Invented Bitcoin: Why Crypto is a Hotbed for Conspiracy Theories
In April 2020 Vin Armani packed up his family “and got on the last flight to an obscure island in the middle of the Pacific”.The cryptocurrency influencer suggested to his 14,000 Twitter followers, many times, that the pandemic is being used to impose “totalitarian tyranny” on America. As the CTO of CoinText, he was worried…
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Horizen Labs Raises $4 Million to Build Sidechain-as-a-Service Platform
Horizen Labs — a tech firm that helps businesses build distributed ledger platforms — has raised $4 million in funding, according to a blog post published on April 11.Horizen Labs initially aimed to raise $2 million in seed funding, but overshot its goal and received $4 million from Digital Currency Group — an institutional trading…
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3 reasons why Tezos (XTZ) price has gained 85% this month
The Ethereum (ETH) network is currently the dominant layer-one protocol in terms of smart contract deployment and active users, but the race to become the 'world’s computer' is far from settled because competing protocols are gaining traction by offering solutions to high transaction costs and slow confirmation times, the biggest problems facing the network.One project…