Search
US Lawmakers Press Bitcoin Mining Firms on Energy Usage, Carbon Emissions, Climate Crisis
1.2.2022
Eight U.S. lawmakers, including Senator Elizabeth Warren, have sent letters to top U.S.-based bitcoin mining firms questioning them about their crypto mining operations. “The extraordinarily high energy usage and carbon emissions associated with bitcoin mining could undermine our hard work...
Visa Partners With Over 65 Crypto Platforms — Crypto-Linked Card Usage Soars Despite Price Volatility
30.1.2022
Visa has now partnered with more than 65 crypto platforms and exchanges. In addition, the payments giant revealed that crypto-linked card usage exceeded $2.5 billion in the first fiscal quarter, “which is already 70% of the payments volume for all of fiscal 2021.” Visa Outlines Crypto...
NFT ‘ETH in Mellieha’ Set to Go on Auction for Legal Rights to Number Plate
26.1.2022
ETH in Mellieha is the latest in a long line of NFT experiments that aim to challenge traditional values and concepts of art and ownership. This particular project is being advised by Mamo TCV Advocates, one of Malta’s leading law firms. At the core of ETH in Mellieha is an Oil Painting that...
Valkyrie Files for ETF That Invests in Firms That Derive 50% Revenue From Bitcoin Mining Industry
26.1.2022
The digital currency asset manager Valkyrie has applied for an exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The fund plans invest at least 80% of its net assets into firms that derive at least 50% of their revenue from the bitcoin mining industry....
Valkyrie aims for ETF linked to Bitcoin mining firms on Nasdaq
26.1.2022
The proposed ETF would invest at least 80% of its net assets in securities of companies that “derive at least 50% of their revenue or profits” from BTC mining
Indonesia’s Regulator Prohibits Financial Firms From Facilitating Crypto Trading
26.1.2022
Indonesia’s Financial Services Authority (OJK) has prohibited financial firms from using, marketing, and/or facilitating crypto trading. The financial regulator also cautioned the public to always beware of fraudulent Ponzi schemes under the guise of crypto. Indonesian Regulator’s...
Crypto firms ignore Africa at their peril as continent set for major adoption
25.1.2022
Experts believe that Africa is primed to lead the next wave of global crypto adoption
Oman Invites Bids From Firms Interested in Creating Regulatory Framework for Virtual Assets
25.1.2022
Authorities in the Middle Eastern state of Oman have asked specialized companies, interested in helping the country set up a regulatory framework for virtual assets, to submit their proposals. Interested companies need to submit their proposals no later than March 23, 2022. Process Divided Into...
Chinese Local Gov’ts, Tech Firms Take Tentative Metaverse Steps
25.1.2022
Chinese government-run firms and local governments are starting to explore metaverse-related innovations – although they are proceeding with due caution, given the fact that the nation last year enacted its most stringent crypto crackdown to date.
With the rest of the tech world launching...
Auditing Firms Claim Crypto.com Lost $15 Million in Incident as Users Report Suspicious Activity
19.1.2022
Crypto.com, a leading cryptocurrency exchange, experienced an incident on January 17 when some of its users reported strange activity in their accounts. The exchange acknowledged the event, and conducted an investigation immediately after, declaring that all funds were safe. However, reports from...
Blossom Capital’s Newly Launched $432 Million Fund to Focus on Crypto Startups
18.1.2022
Blossom Capital, the London-based venture capital firm founded by Candice Lo, Imran Ghory, Mike Hudack, and Ophelia Brown plans to dedicate more funds to the growing cryptocurrency ecosystem. On January 18, Blossom announced a new fund worth $432 million, and a third of the capital will...
Report: Fintech Firms Received 62% of the $4.9 Billion Raised by African Tech Companies in 2021
11.1.2022
Fintechs account for nearly two-thirds of the $4.9 billion that was raised by African technology firms during the past year. Fintech groups also dominate in terms of funding that exceeds $50 million, with a 40% share of the total number of tech firms. The Covid-19 Factor Out of the $4.9 billion...
Major South Korean Securities Firms, Investors Warming to Crypto
8.1.2022
South Korean investors are “finding it hard to resist the allure of crypto,” while a number of leading domestic securities firms have suddenly started producing reports on the sector – indicating that fund managers may be casting an eye on the markets....
Read More: Major South Korean Securities...
Canaan Expands Mining Operations in Kazakhstan Amid Power Deficit, Protests
6.1.2022
Hardware manufacturer Canaan is expanding its crypto mining operations in Kazakhstan. The company is now cooperating with a number of mining firms there and has already deployed over 10,000 pieces of hardware despite the country’s challenges with electricity supply. Increased energy prices...
Leading NFT Marketplace Opensea Raises $300 Million, Firm’s Post-Money Valuation Taps $13.3 Billion
5.1.2022
Leading non-fungible token (NFT) marketplace Opensea announced the firm has raised $300 million in a Series C funding round led by Paradigm and Coatue. Opensea’s latest capital raise has propelled the company to a $13.3 billion post-money valuation. Opensea Raises $300 Million, Commands...
SWIFT Aims to Test Tokenization in 2022, Clearstream, Northern Trust, SETL to Participate
24.12.2021
SWIFT, the Belgian-based cooperative that serves as an intermediary and settlement executor of financial transactions between banks worldwide is planning to experiment with asset tokenization in 2022. In a blog post about the subject, SWIFT notes that it will be working with firms like Clearstream...
100 digital payment token firms in Singapore fail to win licenses: Report
22.12.2021
The Monetary Authority of Singapore wants to support crypto and blockchain adoption in the country but it’s also willing to recognize the risks
US Regulator Tells Credit Unions They Can Team Up with Crypto Firms
22.12.2021
America’s credit regulator, the National Credit Union Administration (NCUA) has told domestic credit unions that they can partner with third-party cryptoasset service providers to give their members access to crypto markets.
The NCUA outlined its stance on crypto in an open letter to unions...
Bank of Russia to allow crypto investment via foreign firms: Report
21.12.2021
Russian citizens and businesses will reportedly have the right to acquire Bitcoin, but not via local infrastructure
Recruiters say crypto firms seeking leadership in engineering, legal and finance
13.12.2021
Talent recruitment experts say that crypto firms are in dire need of the best leadership available to scale their businesses