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Chinese Firm Invests $25 Million in ‘Cryptocurrency Mining Data Center’ in Texas
21.5.2021
On Wednesday, the firm Bit Mining Limited, formerly known as 500.com, announced it has entered into a binding investment in a cryptocurrency mining data center located in Texas. The binding investment worth $25 million is with Dory Creek, LLC as the two companies will construct and operate a 57.2...
Thai Public Company Brooker Group Invests $6.6 Million in Bitcoin
15.5.2021
The Brooker Group has reportedly become the first publicly listed company in Thailand to hold bitcoin on its balance sheet. The company has disclosed that it has bought 122.3158 bitcoins worth $6.6 million or 200 million baht. Thai Public Company Invests in Bitcoin The number of public companies...
Bitcoin Mining Operation Greenidge Generation Plans to Be Carbon Neutral Next Month
14.5.2021
On Friday, the bitcoin mining operation Greenidge Generation has announced that starting June 1st, the firm will be “carbon neutral” for the rest of 2021 and beyond. Greenidge’s announcement follows the recent statements from Tesla and Square after the companies cited...
Google Says Everything At Stadia Is Fine, As The Water Reaches Their Noses
14.5.2021
The last 12 months or so have been rough times for Google Stadia. Lawsuits, its main first-party development studio shutting down with little warning, issues with indie devs and key folks leaving the company. But according to Google, a company famous for shutting down services, everything is fine....
US SEC Has Brought 75 Enforcement Actions on Crypto Industry
13.5.2021
The U.S. Securities and Exchange Commission (SEC) has brought 75 enforcement actions against companies and individuals in the crypto industry so far, according to a new report by Cornerstone Research. The agency also brought 19 trading suspension orders against digital asset market participants...
How crypto companies can go public in 2021, explained
12.5.2021
There is huge demand for crypto companies to go public right now — but in this day and age, are initial public offerings their only option?
Moneygram Lets Customers Buy and Sell Bitcoin With Cash at 12,000 Locations
12.5.2021
Moneygram will start letting customers buy and sell bitcoin at 12,000 locations, thanks to a partnership with Coinme. The collaboration “will bring bitcoin to thousands of new point-of-sale locations in the U.S. with plans to expand to select international markets in the second half...
China’s Digital Yuan Smart Card to Feature Biometrics and Fingerprint Scanning
9.5.2021
The People’s Bank of China’s upcoming digital yuan card will feature IDEX Biometrics and fingerprint scanning, according to regional reports. China’s “Digital Currency Electronic Payment” or DCEP is getting closer toward launch by the day. Last week, smart card...
Kazakhstan Is Preparing the Launch of a CBDC Pilot With Private Financial Companies
8.5.2021
Central bank digital currencies (CBDCs) are steadily becoming a serious discussion among governments globally, with Kazakhstan as the latest country unveiling its plans. The National Bank of Kazakhstan is making preparations to launch a CBDC pilot program soon. The National Bank Released a Public...
Marathon Mines First OFAC Compliant Bitcoin Block
7.5.2021
Marathon, one of the biggest bitcoin mining dedicated companies in the U.S. and Canada, has mined the first OFAC compliant bitcoin block, only accepting transactions that comply with the directives of this government office. This has caused a stir in libertarian circles, that argue this can be...
Electronic Transactions Association Proposes 7 Guiding Principles for a Digital Dollar
7.5.2021
The Electronic Transactions Association (ETA) has put forward a set of guiding principles to be considered in the creation of a U.S. central bank digital currency (CBDC), also referred to as digital dollar. The organization, which unites hundreds of companies in the payments industry, confirms...
Fintechs Invited to Work on Georgia’s Central Bank Digital Currency
7.5.2021
National Bank of Georgia (NBG) has issued a call for companies in the fintech sector, financial institutions and technology firms to support its efforts to create a digital currency. Georgia’s central bank wants to employ new technologies to raise the efficiency of the country’s payment...
Asian Companies Take a Leap into Bitcoin as Prices Upsurge
6.5.2021
Bitcoin had an increase in prices in 2020, with financial backers pushing its cost up almost 300 percent. The price is still surging up to an unequaled high of more than $63,000 at the start of April. However, apprehensions over its unpredictability and instability stay for certain investors...
Please Enjoy Epic's Tim Sweeney Apologising Profusely To Ubisoft For Screwing Up
5.5.2021
While the documents and emails being released as part of the Epic v Apple case are often important and full of detailed information, I am very much enjoying the ones—like this—where billionaire executives are forced into embarrassing apologies when their company fucks up.Read more
Google Stadia's Head Of Product Has Left The Company
5.5.2021
Vice President and Head of Product at Stadia John Justice, who only joined Google in early 2019, has not just left his role at the streaming game platform but the company itself.Read more
Tokyo Is Getting An Esports Gym
4.5.2021
This month, an establishment calling itself “Esports Gym” will open in Tokyo. It claims to be the first in the country.Read more
New Jersey County Liquidates Bitcoin Seized in 2018, Profiting Almost 300%
30.4.2021
Individuals and companies are not the only ones who take advantage of the significant bitcoin prices surging across the board, despite recent pullbacks. In New Jersey, United States, a county yielded profits after liquidating seized cryptocurrencies during a drug investigation. Authorities Gained...
African Property Development Firm Partners Online Leasing Platform in a BTC for Solar Cells Scheme
29.4.2021
South African property developer, New Age Properties, says it has partnered with Sun Exchange, an online leasing platform, as part of an effort to bring cheap and clean energy to low-income earners. Bitcoin for Solar Cells According to the two companies’ working arrangement, Sun Exchange...
Time Magazine names two crypto firms in Top 100 'most influential companies' list
28.4.2021
Digital Currency Group and Coinbase have made Time Magazine’s 2021 top 100 most influential companies list
Possible Bitcoin treasury adoption as more companies cite inflation concerns
27.4.2021
Bitcoin is likely a topic of conversation among the treasury department of many U.S. companies amid rising inflation