Ethiopia Explores Crypto Mining with New Hong Kong Data Center Deal
16.2.2024
Ethiopia has inked a memorandum of understanding with Data Centre Service, a subsidiary of Hong Kong’s West Data, to build a $250 million data mining infrastructure project in the country. Data centres provide the facilities to host large-scale Bitcoin mining operations. The East African...
Jon Trask, CEO of Dimitra, on Blockchain Tech for Farming and Agriculture | Ep. 309
16.2.2024
In the latest episode of the Cryptonews Podcast, host Matt Zahab sat down for a meaningful discussion with Jon Trask, the CEO of the blockchain-based, agriculture technology-focused Dimitra platform. In this exclusive interview, Jon Trask talked about: blockchain and Web3 technologies...
Bitcoin Should Remain Well-Supported On Institutional Inflows For Several Months: Coinbase Research
16.2.2024
Coinbase research analysts project adequate support for Bitcoin (BTC) in the market for the next three to six months due to institutional inflows. The institutional research arm of the digital asset exchange explained the trajectory of Bitcoin, Ethereum, and other on-chain data post-ETF approvals...
Nearly Two-Thirds of Crypto Projects Meet their Demise, New Research Finds
16.2.2024
Nearly two-thirds of crypto projects to launch in the past several years have met their demise, according to a recent analysis of over 12,000 cryptocurrency projects. The report, conducted by AlphaQuest and Storible, found that 72% of projects born during the 2020-2021 bull run have failed....
Coinbase Transaction Revenue Hits New High, Surpassing Q4 Expectation – Crypto Adoption Rising?
16.2.2024
In its quarterly report to shareholders, Coinbase posted a 64% jump in transaction revenue to take in $529.3 million in Q4, 2023. The increase in transactions was due to anticipation for the launch of spot Bitcoin exchange-traded funds (ETFs). Widely considered an important step in Bitcoin’s...
GoFundMe Delists Tornado Cash Legal Crowdfunding Campaign – Here’s More
16.2.2024
Popular crowdfunding network GoFundMe has pulled down the legal aid fundraiser for Tornado Cash co-founder and developer, citing a breach. In a Feb 15 X (formerly Twitter) post, Ryan Adams, an investor in Bankless Ventures alerted the digital asset community of the recent developments in...
Revolut to Introduce Crypto Exchange Targeting 'Advanced Traders'
16.2.2024
Digital bank Revolut is set to release a cryptocurrency exchange targeting "advanced traders," according to an email sent to customers that was seen by CoinDesk
Craig Wright Trial Includes Ninja Anecdote Cited as Proof He's Bitcoin Creator Satoshi
16.2.2024
On Friday, Craig Wright's sister Danielle DeMorgan recounted how she once saw him dressed as a ninja and working in a room full of computers, evidence, she says, he created Bitcoin
Microstrategy’s Bitcoin Investment Flourishes, Valued at Nearly $10 Billion
16.2.2024
Based on the latest available data, the Nasdaq-traded Microstrategy possesses 190,000 bitcoins, acquired at a cost of $5.96 billion. Presently, the value of the company’s bitcoin holdings has swelled to $9.88 billion. This marks a 66% increase in the firm’s bitcoin portfolio, a stark...
Bitwise Bitcoin ETF Among Top 25 Fastest ETFs to Reach $1 Billion in Assets + More Crypto News
16.2.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news: Bitwise Bitcoin ETF Among Top 25 Fastest ETFs to Reach $1 Billion in Assets KuCoin, Mocaverse, and Halo Wallet Forge Strategic Partnership...
Coinbase Analysts Turn More Bullish on Crypto Exchange After Earnings Beat; Shares Climb
16.2.2024
Higher crypto prices will have a positive effect on the exchange’s revenue, the analysts said
Sam Bankman-Fried's Sentence Might Be Lighter Than You'd Expect
16.2.2024
Restitution paid to victims can be considered when sentencing, and judges in the Southern District of New York routinely impose shorter terms than guidelines suggest for white-collar cases