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Chinese Firm Bit Mining Invests $9M to Build 100 Megawatt Bitcoin Farm in Kazakhstan
26.5.2021
Shenzhen-based Bit Mining is planning to construct and operate a 100 MW crypto-mining data center in Kazakhstan. The project will be implemented in partnership with two local companies that will also provide the enterprise with an array of services. The total amount of the investment will exceed...
CBDC in US Context, Bitcoin's Value Based on 'Wishful Thinking' + More News
21.5.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
CBDC news
Federal Reserve Chair Jerome Powell announced that the US central bank will issue a research paper on a USD central bank digital currency...
fit-content and fit-content()
20.5.2021
Here’s some hardcore deep-dive CSS nerdery from PPK. If you can wrap your mind around min-content (the smallest an element can be based on the content it contains) and max-content (the largest the content of an element can push it) …
The post fit-content and fit-content() appeared...
Block.one to Make Voice NFT-based Amid Non-Fungibles Market Cool Down
19.5.2021
Dan Larimer, former CTO of Block.one, during the announcement of Voice in June 2019. Block.one, the developer of EOSIO, an open-sourced blockchain software, has decided to close its decentralized social media platform Voice to the public for several months to upgrade it from a fungible to...
Polygon to Democratize NFT Interactions by Improving Approachability
19.5.2021
To pave the way for greater adoption of non-fungible tokens and bring down the barriers hampering more widespread participation, Polygon is leveraging its parallel network’s proof-of-stake approach to reduce Ethernity Chain’s gas costs. Layer 2 Solution to Make Ethereum-Based NFTs More...
South African Crypto Holders Urged to Approach Tax Body Before It Descends on Them
19.5.2021
A South Africa-based tax expert, David Lesperance, says with the country’s revenue collector now closing in on cryptocurrencies, holders must now take the initiative and approach South Africa Revenue Services (SARS) before it descends on them. Lesperance argues that by making the first move...
There’s Close to 300,000 Bitcoin-Pegged Tokens Hosted on ETH and BSC, Value Exceeds $12 Billion
19.5.2021
For quite some time now cryptocurrency traders have been leveraging bitcoin-based assets tethered to alternative blockchains. Mid-May statistics show there’s more than 299,000 bitcoin, worth over $12.8 billion today, tied to wrapped or synthetic bitcoin projects hosted on Ethereum or...
Broadcast Company Fox to Launch NFTs and a Blockchain-Curated Animated Series
18.5.2021
Fox Broadcasting Company, the American commercial broadcast television network is launching a non-fungible token (NFT) business called Blockchain Creative Labs, according to a recent report. Moreover, Fox is also planning to release a new blockchain-based animated series crafted by Dan Harmon...
Ethereum-based DeFi platform DeversiFi raises $5M in strategic investments
18.5.2021
The investment round was led by ParaFi Capital alongside Defiance Capital, Lightspeed Venture Partners, Blockchain Ventures, Fenbushi Capital, OKEx, StarkWare and Longhsh Ventures. Angel investors from Synthetix, Aave and Enzyme also participated
Mecum Auctions Now Accepts Digital Currency Payments for Collector Cars
18.5.2021
The popular collector car auction company Mecum Auctions has announced the company is now accepting crypto assets for payments. The company says that the new payment acceptance allows the auction firm to “attract new customers and sales.” Collector Car Auctions Giant Plans to Start...
Twitch Begins Adjusting Sub Prices Based On Where Viewers Live
17.5.2021
While the USD 4.99 per month cost of a Tier 1 Twitch subscription works fine here in the States, five bucks can be a much larger hit on one’s wallet in other countries. Starting this week with Mexico and Turkey, Twitch will begin adjusting subscription costs to better align with the local cost...
Kenya Based Technology Firm Switches to Pancakeswap, Cites High Gas Fees on Uniswap
17.5.2021
In its bid to help users avoid high gas fees on Uniswap, a Kenya-based fintech firm, UTU, recently launched a liquidity pool on the decentralized exchange (dex), Pancakeswap. This launch enables prospective UTU coin buyers to acquire the token “with low fees and fast confirmation...
Investors Confuse Ethan Allen With Ethereum: Shares up 50% Over Average Price
17.5.2021
Ethan Allen, a U.S.-based furniture company, has been getting strange traction in markets this year, due to an interesting coincidence. The company’s stock ticker is the same as ethereum’s ticker, something it shares with one of the hottest cryptocurrencies right now. This has caused...
Chinese Investors File Lawsuit Against US-Based Alleged Crypto Fraudster Who Promised $200,000 Profits per Day
15.5.2021
A group of Chinese investors has filed a lawsuit against an alleged crypto fraudster based in New York, United States, who ran a Wechat group where he handled the scheme. The scammer reportedly promoted the bogus investment opportunity by promising earnings of “$200,000 in one day.”...
FFXIV Endwalker's Second New Job Is The Scythe-Wielding Reaper
15.5.2021
Revealed this evening during the Final Fantasy XIV Digital Fan Festival keynote, the melee damage-dealing Reaper will join the previously announced healing Sage as the second new job introduced in this fall’s Endwalker expansion. Read more
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...
Spanish stock exchange ready to test blockchain-based SME financing system
14.5.2021
The Spanish stock exchange is moving forward with further tests of its planned blockchain-based system to finance small- and medium-scale enterprises
Big Time Studios Aims to Bring NFTs to the Masses, Set to Raise $21 Million in Funding
14.5.2021
The Los Angeles-based company Big Time Studios has announced the company is set to raise $21 million in two funding rounds backed by a number of investors. The company’s founder Ari Meilich was the CEO and co-creator of the Ethereum metaverse Decentraland. Big Time Studios aims to bring...
VulcanVerse’s Marketplace Volume Triples From $5m to $15m, $20M Giveaway to Follow
13.5.2021
PRESS RELEASE. Newly-launched decentralized gaming platform, VulcanVerse, offers $20m giveaway as volume on its in-game marketplace triples. Cardiff, United Kingdom – Decentralized gaming platform, VulcanVerse is launching into the online gaming world, with record growth in users following...
Animoca Brands Raises 88,888,888USD Based on Valuation of 1Billion USD
13.5.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
13 May 2021 — HONG KONG — Animoca Brands, the company that is delivering digital property rights to gamers via NFTs, today announced that it has completed a capital raise of 88,888,888 USD (approximately...