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Home Crypto Mining Spikes in Brazil Amid Record High Unemployment


With rising unemployment rates and rampant economic uncertainty, in the wake of the Covid crisis, a growing number of Brazilians are finding an alternative income source in cryptocurrency mining. GPU rigs have been spotted even in favelas as a relatively small investment can return more than...

Circle Captures $440 Million in Financing, Rumors of SPAC Deal Follow


The Boston-based cryptocurrency finance firm Circle has announced the company has raised $440 million in financing in order to “drive market expansion and growth.” The investment was led by prominent finance firms like Digital Currency Group, Fidelity Management and Research Company...

Every Fourth Australian Willing to Be Paid in Bitcoin, Poll Finds


A new survey has established that one in four Australians would like to receive at least part of their salary in cryptocurrency. While the motives vary between the members of this diverse group, the results indicate that the Australian nation’s overall interest in decentralized digital money...

Fund Manager Wisdomtree Files With SEC to List Ethereum ETF on Cboe BZX


The financial asset manager, Wisdomtree, is now the second institution to file for an ethereum-based exchange-traded fund (ETF), following Vaneck’s recent filing on May 7. The recently filed S-1 with the U.S. Securities and Exchange Commission (SEC) says the fund’s “investment...

Knowledge of Crypto on the Rise, Encouraging Investment - Survey


Consumer understanding of cryptocurrencies appears to be trending higher, as 29% of respondents to a recent survey, conducted by payments platform Paysafe's digital wallet Skrill, declared they now knew more about cryptocurrencies than they had the same time a year ago. Moreover, some 26% said they...

How Convergence Finance Is Revolutionizing Private Investment Markets


Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. conv.finance There are numerous ways to enhance the appeal of blockchain technology and decentralized finance. Bridging the gap to the real world and...

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