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Bitcoin Miner Pow.re Begins Mining Facility Construction in Paraguay, Acquires 3,600 Microbt ASICs
14.10.2022
According to the crypto mining operation Pow.re Holdings Limited, the firm announced that it has begun construction of two new mining facilities in Asunción, Paraguay. The new data centers will manage 12 megawatts (MW) of hydroelectric power, and the firm has also acquired 3,600 Microbt Whatsminer...
Formula One Files 8 Trademarks for ‘F1’ Covering Wide Range of Cryptocurrency and Metaverse Products
14.10.2022
Formula One has filed eight trademark applications covering a wide range of cryptocurrency, non-fungible token (NFT), and metaverse products and services with the United States Patent and Trademark Office (USPTO). Formula One Getting Deep Into Crypto, NFTs, Metaverse Formula One filed eight...
OCC's Hsu says regulators are 'spending too much time' on crypto: Reuters
14.10.2022
Michael Hsu stated that it is starting to worry him that “we’re not spending that time and attention on some other things," like fintech, which he described as the “future.”
Web3 devs ‘more active than ever’ amid crypto winter: Report
14.10.2022
Consecutive all-time-high smart contract deployments and surging usage of Web3 script libraries mean that Web3 devs are still busy working despite the prolonged market downturn
FASB guidelines could 'smooth the way' for broader crypto adoption
14.10.2022
Another step has been taken on the path to use fair-value accounting for the reporting of crypto assets in the United States
Mastercard Focusing on 5 Key Areas to Turn Crypto Into ‘an Everyday Way to Pay’
14.10.2022
Mastercard has outlined five key crypto areas it is working on in order to “turn cryptocurrencies into an everyday way to pay.” A Mastercard executive opined: “Someday soon, the ability to own and spend a digital currency could be as seamless as making a contactless card...
First Mover Asia: Crypto Trading Firm Amber CEO Argues Bitcoin Can Still Be an Inflation Hedge; Cryptos' Surprising Rebound
14.10.2022
Michael Wu says that bitcoin offers “a better form” of storing value than any previous type of asset and that ether provides great value as a “tech infrastructure investment.”
Crypto Trading Firm NYDIG Lays Off About 33% of Staff
14.10.2022
Crypto brokerage services provider NYDIG laid off over 100 people in the past few weeks, or about a third of its staff
Rich Dad Poor Dad Author Robert Kiyosaki Warns About World War III
14.10.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned about World War Three. “Are you ready for World War III?” he asked, adding that “History shows wars are about energy: oil and coal.” Robert Kiyosaki on World War III and the Energy...
Stablecoin Issuer Tether Fulfills Promise by Reducing Commercial Paper Holdings Down to Zero
14.10.2022
On October 13, 2022, Tether Holdings Limited announced that the stablecoin issuer has reduced the company’s commercial paper holdings down to zero. The company has said it would reach this goal for a while now, and Tether says that shrinking commercial paper holdings down to zero...
Crypto users renew calls for Satoshi Nakamoto to win Nobel memorial prize for economics
13.10.2022
Major figures in the crypto space argued the Bitcoin creator was the most deserving candidate for the economic award, despite the fact Satoshi's true identity remains unknown
JPMorgan Reportedly Terminates Relationship With Kanye West, Rap Star Says He’s Happy to Speak Openly About Being ‘Canceled by a Bank’
13.10.2022
On October 12, the conservative influencer and political commentator, Candace Owens shared a letter on Twitter that shows JPMorgan allegedly closed Kanye West’s (also known as Ye) bank accounts. The hip-hop star and rapper has been accused of making antisemitic statements in recent times...
Jamie Dimon Again Slams Crypto, Calls Blockchain 'Real'
13.10.2022
The JPMorgan Chase CEO spoke during an IIF event Thursday in Washington D.C
OCC Comptroller: Crypto Companies ‘Don’t Know What They Want to Be When They Grow Up’
13.10.2022
Michael Hsu, acting comptroller of the currency (OCC), joined “First Mover” to discuss why crypto companies need to decide their area of focus in order for clear regulation guidelines to be established
US lawmaker says crypto regulation from SEC is 'needed now'
13.10.2022
Senator Hickenlooper requested the SEC engage with the public by opening a “notice-and-comment period” to develop rules and regulations applicable to crypto
Enterprise Crypto Wallet Startup Pine Street Labs Raises $6M in Polychain-Led Round
13.10.2022
The startup is trying to save businesses from crypto wallet purgatory
JPMorgan Closed Kanye’s Account. Yes, There’s a Crypto Angle
13.10.2022
“Financial censorship” proves crypto’s point, and pushes us towards a world where people are more individualistic and self-reliant
US Lawmakers Send Inquiry to ERCOT CEO Over Texas Crypto Mining and Its Effects on the So-Called Climate Crisis
13.10.2022
A number of Democratic U.S. policymakers have written a letter to the CEO of the Electric Reliability Council of Texas (ERCOT) in order to inquire about the cryptocurrency mining operations in the state. The letter that stems from senator Elizabeth Warren’s office says that the lawmakers...
Crypto Custodian Copper Raises $196 Million In Latest Funding Round
13.10.2022
Advancing the company’s expansion plans, crypto custodian Copper Technologies has secured a total of $196 million under the firm’s C series financing round.
The business managed to raise some $181 million from a group of existing and new shareholders and gained access to a further $15 million...
Crypto Asset Manager BlockTower Launches $150M Venture Capital Fund: Report
13.10.2022
The crypto-focused asset management firm will back DeFi and infrastructure projects