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Cleanspark Buys US Bitcoin Miner for $19.4 Million, Plans to Quadruple Mining Capacity
12.12.2020
Cleanspark Inc., a Nevada-based corporation, said Thursday that it is acquiring U.S. bitcoin miner ATL Data Centers for $19.4 million in a deal to be completely settled in shares. Cleanspark specializes in microgrid energy software. It claims that it can use this technology at the ATL facility...
Canadian Crypto Company Increases Its Bitcoin Treasury Holdings to $3.6 Million
10.12.2020
BIGG Digital Assets, a Canadian crypto company, revealed this week that it bought 40 additional bitcoins for long-term treasury holding. The purchase increased BIGG’s reserves to 189.5 bitcoins valued at US$3.63 million in total. The Canadian Securities Exchange-listed firm spent about CAD$1...
Marathon Purchases 10,000 Bitcoin Miners, Machines Will Max Out 100 Megawatt Montana Facility
10.12.2020
On December 9, the Nasdaq-listed cryptocurrency mining company, Marathon Patent Group, announced the firm is purchasing 10,000 Antminer S-19j Pro units from the Chinese mining manufacturer Bitmain. According to Marathon, after the acquisition of next-generation bitcoin miners, the company will have...
Market Wrap: Bitcoin Recovers to $18.2K While Market Dynamics Juice DeFi Total Locked
9.12.2020
Bitcoin fell below $18,000 Wednesday while DeFi closing in on $15 billion locked may have more to do with price than actual cryptocurrency parked there
Record $15 Billion Worth of Cryptos Under Management After Institutional Investors Pump $429 Million in One Week
8.12.2020
A new report says institutional investors pumped $429 million into cryptos and cryptocurrency funds in the week ending December 7. The figure, which is the second-highest on record, pushes to the total value of digital assets under management (AUM) to an all-time peak of $15 billion. The largest...
Ripple Is Selling 33% of Its Stake in Moneygram
29.11.2020
Ripple Labs Inc. is selling 4 million of its shares in Moneygram, or about a third of its total shareholding in the company. The decision seems in part to be motivated by the surging Moneygram share price and Ripple’s desire to cash out after buying the shares at a premium of $4.10 in 2019....
Chinese Police Seize $4.2 Billion in Multiple Cryptocurrencies From Plustoken Ponzi Clampdown
27.11.2020
Chinese police have seized more than $4.2 billion worth of crypto assets in its clampdown against the Plustoken Ponzi scheme. According to a court ruling made public on Nov. 26, and shared by The Block, law enforcement confiscated a total of 194,775 bitcoin (BTC), 833,083 ether (ETH), 1.4 million...
Exploits and Flash Loans Are Just the Beginning, Defi Economy Is Less Private Than People Think
22.11.2020
Decentralized finance otherwise known as defi has climbed significantly in value this year, as the total value locked (TVL) in defi today is over $14 billion. Meanwhile, numerous defi platforms are getting attacked with flash loans and there are so many new defi projects, it’s hard to keep...
Market Wrap: Bitcoin Hits $18.8K as Total Crypto Locked in DeFi Passes $14B
20.11.2020
Bitcoin is testing $19,000 as DeFi hits another milestone in total crypto locked
Grayscale Surpasses $10 Billion in Crypto Under Management With Over 500,000 BTC in Bitcoin Trust
18.11.2020
Grayscale Investments has surpassed $10 billion in cryptocurrency assets under management. About $8.85 billion are held in the Grayscale Bitcoin Trust, which now holds more than 500,000 bitcoins. Over $10 Billion Under Management Grayscale Investments announced Tuesday that it has surpassed a major...
Bitcoin Ascends in New Crypto Ranking by State-Backed Chinese Institute
17.11.2020
China’s Center for Information and Industry Development (CCID), under the country’s Ministry of Industry and Information Technology, has released its 20th ranking of crypto projects. A total of 37 crypto projects are ranked this time around overall as well as in three separate...
Hedge Fund Manager Brian Kelly Says Increasing Institutional Interest in Bitcoin Down to its Fixed Supply
14.11.2020
Hedge fund manager Brian Kelly says the surging number of institutional investors owning bitcoin is down to the digital currency’s core value proposition- a fixed coin supply. On the other hand, the same institutional investor interest is helping to build confidence in the top cryptocurrency...
GMT Token Pre-sale is Live Now
13.11.2020
PRESS RELEASE. GMT has started the pre-sale of the GMT token. In total 100,000 GMT will be sold in this phase at the price of 1GMT=0,004ETH and will increase to 1GMT=0,01ETH in the next round. Minimum purchase is 0,5ETH. Grandmarche is a DeFi platform that offers saving and borrowing, plus it will...
DeFi the odds: Total user numbers up 55% in just six weeks
13.11.2020
Decentralized finance users steadily increased by 40% during October, despite many DeFi tokens posting heavy losses for the month
Total Value Locked in DeFi Sector Hits Record $13.6B
12.11.2020
The U.S. dollar value of the cryptocurrency liquidity locked up in decentralized finance is surging, buoyed by big gains for some lesser known projects
Cash App’s Bitcoin Revenue Soars 1,000% to $1.63 Billion in Q3, Square Announces
7.11.2020
Cash App, a mobile payment service of Square Inc., generated more than $1.63 billion in bitcoin revenue in Q3 2020, which is an increase of more than 1,000% over the same period last year. The company recently invested 1% of its total assets, or $50 million, into bitcoin. Cash App’s Bitcoin...
Grayscale Trust sees largest-ever weekly inflow, nears 500K BTC in total
4.11.2020
Grayscale is on track to control 5% of the entire Bitcoin circulating supply by the end of 2021 with a record $215 million inflow last week
Market Wrap: Bitcoin Tests $13.6K as DeFi Total Value Locked Dips Below $11B
30.10.2020
Bitcoin’s price hit $13,600 before retrenching while some investors pulled crypto out of DeFi
EcoChain’s Capital Logic Will Transform the DeFi Ecosystem
29.10.2020
Decentralized finance(DeFi) has taken the blockchain network by a storm and is now arguably the most discussed topic. Although it has been a roller coaster ride, the DeFi network has grown enormously in size and number. Today, the total value locked in DeFi contracts is more than $11b. Forex Market...
How Hackers Exploited Twitter’s VPN Problems, Obtained God Mode and Took Over Accounts
25.10.2020
An investigation by the New York State Department of Financial Services has revealed how the great Twitter hack in July happened. A total of 130 high-profile, celebrity accounts were compromised and many were used to tweet about a bitcoin giveaway scam. How Twitter Was Hacked The New York State...