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Cipher Scales BTC Mining Operation with 37,000 Bitmain Antminers Worth $100M


Source: Adobe/Photocreo Bednarek NASDAQ-listed Bitcoin mining firm Cipher Mining Inc. has announced the purchase of 37,396 units of the latest Bitmain Antminer T21 series. Making the announcement in a press release, the company disclosed that this acquisition amounted to approximately $99.5...

Pro-Crypto Super PAC Fairshake Raises $78 Million Ahead of 2024 US Elections


Source: Pixabay Fairshake has raised $78 million to support “pro-crypto” candidates in the forthcoming 2024 US elections. The political action committee announced in a press release published Monday that it had received donations from prominent crypto companies and individuals, including Coinbase...

Bitcoin Miner Hut 8 to Build Out Mining Facility in Partnership with Celsius


Source: Pixabay Digital asset mining firm Hut 8 signed an interim agreement to build out and install crypto-mining facilities in collaboration with Celsius Network. In a Dec 18 press release, the Bitcoin miner signed the agreement linked to Celsius bankruptcy proceedings which will see the firm...

Dubai to host Global Blockchain Show and fuel up the future of the industry


Taking place on April 16-17, 2024, Global Blockchain Show Dubai, curated by VAP Group – a premier Blockchain consulting company, is set to unite the foremost voices in the Middle East’s Crypto, Web3, and Blockchain sphere. Held at the Grand Hyatt in Dubai, the event is poised to be...

Iris Energy to Ramp Up Capacity in 2024 Following $22M Spend on Bitmain Rigs


Source: AdobeStock / Photocreo Bednarek Renewable Bitcoin mining company Iris Energy has revealed the acquisition of 1.6 EH/s of Bitmain T21 miners, increasing its self-mining capacity to 10 EH/s. In a press release on December 15, the company disclosed plans to acquire 8,380 new-generation...

Financial Regulators Urge Congress to Pass Crypto Legislation in New Report


The Financial Stability Oversight Council (FSOC) has renewed its calls for Congress to pass crypto legislation, according to their annual report released Thursday. Crypto vulnerabilities addressed FSOC’s latest release reiterates its suggestion from last year’s report demanding greater regulation...

Red Bull Formula 1 Team Launches NFT Collection on Sui Blockchain


Source: Pixabay The Red Bull Formula 1 team has dropped an exclusive NFT collection on the Sui blockchain after a dominant performance in the 2023 Formula 1 season. The team announced in a press release Friday that fans would be able to mint the collectibles free of charge exclusively on Sui,...

SquidGrow: Building During the Bear


PRESS RELEASE. 15th December 2023. SquidGrow, the meme-utility token co-founded by the elusive crypto whale Shibtoshi, continues to innovate with new ways to energize the community. These include developing a custom bridge and privacy cross chain aggregator, liquidity locker, NFT marketplace...

Dollar struggles after US Data release; Eyes on PMIs for market moves


The Federal Reserve may not hike rates; however, the US Dollar could potentially continue to struggle in deep waters. Most of this anticipation stems from the fact that countries are agreeing to trade among themselves without involving American native currency. That creates a disbalance between...

Step Conference 2024: Network, Showcase, & Explore Innovation in Dubai


In today’s rapidly evolving digital landscape, staying ahead of the curve is not just an advantage. It’s a necessity. Step Conference 2024, scheduled on 21-22 February 2024 in Dubai Internet City, is your golden ticket to the forefront of innovation, networking, and untapped...

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