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Argentine Oil Subsidiary YPF Luz Powering Bitcoin Mining Activities With Residual Gas
4.10.2022
YPF Luz, a subsidiary of the Argentine state oil company YPF, is currently piloting a project to power bitcoin mining operations with residual gas. The initiative, which is currently being tested in Vaca Muerta, one of the biggest oil fields in the country, seeks to take advantage of this byproduct...
Argentina's State-Owned Energy Company Moves Into Crypto Mining
3.10.2022
YPF is currently supplying power for a 1 megawatt operation and plans to launch a second project eight times larger before the end of the year
Tether CTO Says US Treasury Notes Account for More Than 58% of USDT’s Reserves
3.10.2022
On Monday, the chief technology officer of Tether Holdings Limited, Paolo Ardoino, explained that U.S. Treasury bills represent more than 58% of the company’s reserves. The announcement follows Tether hiring the accounting firm BDO Italia and the stablecoin issuer’s quarterly...
UK Shuts Down Temporary Crypto Company Licensing Program
3.10.2022
The time it takes to register a firm depends on the quality of the information provided to the Financial Conduct Authority, the regulator told CoinDesk
Giant Bomb, GameSpot, MetaCritic And More Sold To Fan Wiki Company
3.10.2022
The gaming press world has been in quite some turmoil of late. Tencent just gutted Fanbyte, G4TV just fired a bunch of its staff, and Future Publishing just let go a swathe of writers and editors, despite making hundreds of millions of dollars last year. So it’s with perhaps some trepidation...
Spanish Telecom Giant Telefonica Invests in Bit2Me, Pilots Cryptocurrency Payments
3.10.2022
Telefonica, one of the world’s largest telecom companies, has closed an investment in the Spanish cryptocurrency exchange Bit2me. The company, which has been very active in the metaverse space, is entering the crypto payments arena by running a pilot to allow its customers to make payments...
Celsius CEO Withdrew $10 Million Before Company Entered Bankruptcy
3.10.2022
Celsius founder Alex Mashinsky withdrew $10 million from the now-bankrupt cryptocurrency lender just weeks before the company froze customer accounts and collapsed, according to sources cited by The Financial Times....
Read More: Celsius CEO Withdrew $10 Million Before Company Entered Bankruptcy
Japanese Gaming Giant Sega to Launch First Blockchain Game
3.10.2022
Sega, one of the largest Japanese gaming companies, has announced that it will launch its first blockchain game in collaboration with Double Jump Tokyo, another Japanese development company. The game, which is based on Sega’s Sangokushi Taisen franchise, will be built using Oasys, a Japanese...
Ex-CEO of Bankrupt Crypto Lender Celsius Withdrew $10M Weeks Before Company Froze Customer Accounts: Report
3.10.2022
Mashinsky resigned as CEO last Tuesday; the company filed for chapter 11 bankruptcy protection in mid July
Report: CME Group to Face off With FTX After Filing for Futures Commission Merchant Status
2.10.2022
According to a recent report, the world’s largest derivatives exchange CME Group is looking to register as a direct futures commission merchant (FCM). CME Group’s decision follows the digital currency exchange FTX, as the crypto company applied to become a derivative clearing...
Report: Uniswap Seeks to Raise $200 Million in Fresh Capital at $1 Billion Valuation
1.10.2022
The largest decentralized exchange (dex) platform by global trade volume, Uniswap, is looking to raise between $100 and $200 million, according to a report citing people familiar with the company. The funding round is currently in a nascent stage as the report claims Uniswap has been...
Microstrategy Is Seeking a Full-Time Lightning Network Engineer to Build a SaaS Platform
1.10.2022
The mobile software, cloud-based services, and business intelligence (BI) firm Microstrategy is seeking a full-time Lightning Network software engineer, according to a job listing published this week. The developer, if hired, will build a Lightning Network-based software as a service (SaaS)...
A Recent SEC Filing Shows the World’s Largest Asset Manager Blackrock Plans to Launch a Metaverse ETF
30.9.2022
According to a recent filing, Blackrock, the multi-national investment company based in New York City and the world’s largest asset manager, has plans to create a new exchange-traded fund (ETF) based on metaverse companies. The fund — dubbed the Ishares Future Metaverse Tech...
State Securities Regulators Object to Celsius’ Court Motion to Sell Stablecoins
30.9.2022
As Celsius’ bankruptcy proceedings continue, the court’s trustee William Harrington appointed an examiner on Thursday in order to review the company’s finances, according to a filing submitted on September 29. On the same day, state securities officials from Vermont and Texas...
60% of Latam Professionals Open to Using Metaverse Tools at Work: Study
30.9.2022
Workers and executives in Latam are open to trying metaverse tools in conjunction with their traditional work, according to a study commissioned by Ciena, a software, networks, and services company. The study, which surveyed 15,000 business workers from all around the world, found that there...
Brazilian Securities and Exchange Commission CVM Subpoenas Mercado Bitcoin on Fixed Income Token Investments
30.9.2022
The Brazilian Securities and Exchange Commission (CVM) has sent a subpoena to Mercado Bitcoin, one of the biggest exchanges in the country, to inquire about the services the company lends regarding cryptocurrency-related fixed return investments. The company will have to disclose the details...
Circle Launches Cross-Chain Transfer Protocol, USDC Issuer Acquires Payment Orchestration Firm Elements
30.9.2022
On Thursday, at the Converge22 event in San Francisco, Circle announced the acquisition of the payment orchestration company Elements. Circle explained that the acquisition includes plans to “quickly scale payment offerings.” Circle says the new service will make it easier...
SAI Tech Reveals 2 New Liquid Cooling Bitcoin Mining Containers Built for Overclocking Flexibility
29.9.2022
On September 28, the bitcoin mining operator and clean-technology company, SAI Tech, announced the launch of two liquid cooling bitcoin mining infrastructure products called the Tankbox and Rackbox. The two new models join the firm’s SAIHUB Box and feature plate cooling and immersion cooling...
Strike CEO : El Salvador’s Bitcoin Experience ‘Doesn’t Hurt My Company at All’
29.9.2022
The CEO and founder of Strike joined CoinDesk TV’s "First Mover" to discuss El Salvador’s bitcoin adoption and why the mobile payments app plans to revolutionize payments for merchants and consumers globally
Bitcoin Mining Industry Reveals Mergers, Hashrate Increases, and New Facilities Amid Market Downturn
29.9.2022
While bitcoin is down more than 72% from the crypto asset’s all-time high, bitcoin mining operations are expanding at a rapid pace during the downturn. On Tuesday, the bitcoin miner Cleanspark said its hashrate has surpassed 4 exahash per second (EH/s), and the Texas mining company Rhodium...