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FTX US Partners With Monumental Sports Entertainment, Gets Exposure to 4 New Sports Teams
21.12.2021
FTX continues its path toward the sports world as it signed a partnership with Monumental Sports Entertainment (MSE) on Monday. The deal makes it so FTX US will be MSE’s exclusive crypto exchange and non-fungible token partner. FTX and Monumental Sports Entertainment to Collaborate...
Kevin Durant Enters New Deal with Coinbase
17.12.2021
Coinbase, the renowned crypto exchange, recently established new partnerships with NBA star Kevin Durant. The multi-year promotional deal also involves the Rich Kleiman-owned Thirty-Five Ventures. The deal will see Durant appear as the face for Coinbase, and in return, the exchange will promote...
Binance and FTX Competing for Landmark Barcelona Shirt Sponsorship Deal – Report
17.12.2021
Two major crypto exchanges – Binance and FTX – are preparing to go head-to-head in a battle to become the main shirt sponsor of the football giant FC Barcelona, a new report has claimed.
The existing ties between the cash-strapped club and crypto are already substantial. The Catalan club’s...
NBA Legend Kevin Durant Joins Coinbase to Help Promote the Crypto Exchange’s Brand
16.12.2021
American professional basketball player for the National Basketball Association (NBA) Kevin Durant, is joining Coinbase according to a recent report from Bloomberg. According to the report, Durant will appear as “a face of the brand” and will help promote the exchange’s...
Actress Gwyneth Paltrow Invests in Bitcoin Mining Operation Terawulf
14.12.2021
The American actress and businesswoman Gwyneth Paltrow has participated in an investment round involving the bitcoin mining operation Terawulf. According to reports, Paltrow and a group of investors made a “substantial, 8-digit equity investment” in the company. Paltrow is well known...
Bitcoin Hashrate Hits an All-Time High Suggesting Thousands of Next-Gen Machines Have Joined the Race
12.12.2021
While bitcoin prices have consolidated around the $50K zone, the network’s hashrate has reached an all-time high (ATH) on December 8, 2021, tapping 194.95 exahash per second. Bitcoin miners have increased their processing power a great deal despite the fact that mining bitcoin is 8.33%...
Polygon Acquires Mir Protocol in $400M Deal in Order to Bolster ‘Groundbreaking ZK Rollup Tech’
12.12.2021
On December 9, Polygon co-founder Mihailo Bjelic announced that the project has acquired the Ethereum scaling startup Mir in a $400 million deal. The Mir team of cryptographers and engineers are joining Polygon in order to create a “highly-scalable, Ethereum-compatible ZK rollup”...
Iceland Refuses to Power New Bitcoin Farms Amid Electricity Shortages
9.12.2021
Cryptocurrency mining is among several energy-intensive industries hurt by a power deficit in Iceland. The country’s main utility is now rejecting requests to connect new coin minting facilities to the grid, after cutting supply to aluminum smelters and fish factories. Iceland Turns Away...
Learn From Remix
8.12.2021
I’ve built websites that are used by millions of people all over the world. I’ve made more mistakes than I care to count and I’ve had to deal with the repercussions of those mistakes for years thereafter. Through all of …
Major Indian bank breaks ‘banking ban’ with WazirX crypto exchange deal
6.12.2021
Indian banks have reportedly been slow to accept the Supreme Court's decision allowing them to do business with crypto firms
Meme Token Economy Suffers After Crypto Market Dip, DOGE and SHIB Market Caps Lose Billions
5.12.2021
The global cryptocurrency market valuation has rebounded a great deal since the initial downturn after 12:00 a.m. EST on December 4, and on Sunday, the crypto economy is down 1.4% during the last 24 hours. Meanwhile the meme token market capitalization today is $47.2 billion down 12.6% during...
Bitcoin Hashrate Rises Despite Price Drop, Mystery Hashpower Returns
5.12.2021
Bitcoin’s hashrate has increased a great deal, even after the leading crypto asset’s price slipped below the $50K price zone. Eight days ago the network hashrate was coasting along at 168 exahash per second (EH/s), and this past week it increased 7.73% to today’s 181 EH/s....
Marathon Expands Miner Deployment Deal With Compute North, Aims to Power 100K+ Miners With Renewables
3.12.2021
Marathon Digital Holdings, a Nasdaq-listed bitcoin mining-based company, has announced a new deal with Compute North, a data center service provider, to host more than 100,000 mining machines in its data centers. The deal is an expansion of an earlier deal that secured positioning for 73,000 mining...
Crypto.com To Boost US Presence With a USD 216M Deal
1.12.2021
Singapore-based crypto platform Crypto.com has announced its plans to acquire the North American Derivatives Exchange (Nadex), a US-based retail-focused, regulated online exchange and clearinghouse that offers derivative products on various markets, and the Small Exchange futures exchange, for...
$3.3B Bitcoin mining company Griid to list on NYSE via SPAC deal
30.11.2021
The company projects it can mine up to 25,000 BTC per year by 2024
Bitcoin Mining Company Griid Plans for Public Listing on NYSE via SPAC Deal
30.11.2021
After the vertically integrated bitcoin self-mining company Griid revealed it secured a $525 million credit facility from Blockchain.com, the company revealed it plans to go public via a special purpose acquisition company (SPAC) deal. Griid will be listed on the New York Stock Exchange (NYSE)...
South Korean lawmakers inch closer to deal to delay crypto tax by one year
30.11.2021
The long debate in the country’s legislature could soon be over meaning cryptocurrency gains made in South Korea may not be considered taxable events until 2023 at the earliest
Crypto Stamp Crashes Swiss Post’s Online Store With Launch Day Demand
28.11.2021
Unexpectedly high demand for Switzerland’s first crypto stamp has created headaches for the national postal service. Swiss Post announced it had to deal with technical issues when numerous orders hit its online shop all at once on the day the innovative offering was made available. Demand...
Data Shows a Myriad of Crypto Networks Are More Profitable to Mine Than Bitcoin
27.11.2021
As the end of the year approaches, digital currency values have risen a great deal in 2021 and crypto asset miners have been profiting as a result. According to statistics, the most profitable coin to mine at the end of November is kadena, as an 18 terahash (TH/s) machine can get up to $326...
Bitcoin offers 'Black Friday deal' with sub-$55K BTC price — just like 2020
26.11.2021
A strange sense of deja vu pervades crypto markets as Black Friday delivers a rare buying opportunity right on cue