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The Wisemining Sato Boiler- A Product That Aims to Heat Your Home and Offset Costs by Mining Bitcoin
19.3.2021
In just over two weeks, a company called Wisemining plans to launch a new product called Sato, a boiler that can provide heat to a home by leveraging ASIC mining rigs for heat production. It also means that the heater provides revenue in the form of cryptocurrency, which offsets the costs...
Bank of Thailand plans to regulate asset-backed stablecoins this year
19.3.2021
After issuing a warning against a Baht-pegged stablecoin produced by a South Korea-based firm, Thailand plans to introduce a series of regulations for stablecoins in 2021
Ethereum Moves Ahead With Plans for Earlier Transition to Proof-of-Stake
19.3.2021
Ethereum (ETH)’s planned move to a proof-of-stake (PoS) consensus mechanism appears to be gaining further momentum, after developers proposed merging the existing mainnet with the Ethereum 2.0 beacon chain as early as October.
The proposal arrives at the same time as another new Ethereum...
BNY Mellon Doubles Down On Its Bitcoin Plans, Invests In Fireblocks
18.3.2021
The oldest bank in the US, New York Mellon Corp., joined other investors and made a strategic investment in digital asset storage, transfer, and issuing platform Fireblocks.
Today, Fireblocks said they raised USD 133 in Series C funding led by Coatue, Ribbit, and Stripes with strategic investment...
Texas Issues Orders to Stop ‘Binance Assets’ and 2 Other Fraudulent Crypto Investment Platforms
18.3.2021
The Texas securities commissioner has entered emergency cease and desist orders to stop three cryptocurrency investment platforms from duping investors in the state. One scheme operates under the name “Binance Assets.” The regulator has found that all three platforms are fraudulent....
Visa Anticipates Cryptocurrency Becoming ‘Extremely Mainstream’ — Working to Allow Bitcoin Use at 70 Million Stores
18.3.2021
Visa CEO Al Kelly anticipates that cryptocurrency could become “extremely mainstream” within five years. He is working to position Visa in the middle of it should cryptocurrency take off. He further confirmed that Visa is working to allow bitcoin purchases, in addition to enabling...
American Home Warranty Company to Accept Crypto Payments, Plans to Add BTC to Investment Portfolio
11.3.2021
Following in the footsteps of Tesla, the home warranty company American Residential Warranty (ARW) says it will accept cryptocurrency payments for its services. In addition, the company also plans to acquire and hold bitcoin as part of its strategy “to expand its investment portfolio...
Atari to Launch a Crypto-Fueled Gaming Platform in the Ethereum Metaverse Decentraland
10.3.2021
In October 2020, the entertainment software company Atari launched a digital currency and later revealed plans to join the Ethereum virtual reality game Sandbox. On March 8, Atari announced that the company is now launching a casino in Decentraland, another metaverse built on Ethereum. According...
Grayscale parent Digital Currency Group plans to buy $250M of its own GBTC shares
10.3.2021
In a further sign of a shake-up in the institutional market, DCG is eyeing the purchase along with hiring ETF specialists
'Ecological nightmare' backlash forces ArtStation to drop NFT plans
10.3.2021
The announcement ArtStation was launching NFT artworks did not sit well with the platform’s artists, who called for a boycott and threatened to leave the platform
Portuguese Authorities Contemplate Launching an Investigation on Local Crypto Social Media Influencers
10.3.2021
Portuguese authorities are reportedly planning to take action against social media influencers who provide advice on crypto-related investments. The plans are being discussed in the wake of an online petition signed by thousands of Portuguese. A Crypto Youtuber Already in the Authorities Loop...
Iran Lends Plans to Engage in Bitcoin Mining To Avoid International Sanctions
5.3.2021
The Iranian Center for Strategic Studies has released a detailed report highlighting the urgency for the state to venture into cryptocurrency. The exclusive report emphasizes the need for cryptocurrency adoption and setting up mining in the region to boost revenue generation. The strategy thinktank...
IOST Partners With Polkadot for Cross-Chain Interoperability Breakthrough
5.3.2021
PRESS RELEASE. IOST has announced it is now at the final development stage for building a cross-chain transfer bridge to the Polkadot Ecosystem. The move is part of IOST’s plans to promote its cross-chain interoperability, bringing tremendous value for IOST users & developers and drive...
Bitfarms Purchases 48,000 Bitcoin Miners, Plans to Increase Hashpower by 5 Exahash
3.3.2021
The publicly listed Canadian bitcoin mining operation Bitfarms has announced the firm is purchasing 48,000 Microbt Whatsminer mining rigs in order to expand capacity. Bitfarms highlights the acquisition of new miners will up the company’s hashpower by approximately 5 exahash per second...
China’s Inner Mongolia Plans to Shut Down Bitcoin Mining Operations by April This Year
2.3.2021
Inner Mongolia, an autonomous region in northern China, is planning to shut down all cryptocurrency mining activities in the area by April 2021, as part of efforts to improve energy efficiency. Regulating the Electrical Consumption in Inner Mongolia The government of Inner Mongolia will also stop...
Goldman Sachs Brings Back Bitcoin Trading Desk as the Firm Sees Crypto Market Becoming More Mature
2.3.2021
Global investment bank Goldman Sachs has brought back its bitcoin trading desk and will start handling bitcoin futures next week. The firm is also reportedly exploring the potential for a bitcoin exchange-traded fund (ETF) and plans to provide a crypto custody service. Goldman Sachs Group Inc....
Investment Firm Launches the First ‘Crypto Hedge Fund’ in Spain- Plans to Expand Across Europe, Latin America
27.2.2021
In Spain, an investment company has begun to promote what they called the “first crypto hedge fund.” The product has been registered in Malta by Avenue Investment Crypto, headed by a crypto advocate, Martin Huete. Investments Allocated Mainly in Bitcoin and Ethereum According...
Duma Committee Chief Throws up Roadblock to Russia’s Crypto Tax Plans
25.2.2021
A parliamentary legislation committee leader has stated that there is a need to provide with legal status and legally binding definitions for crypto-related terms in Russia before proceeding with further tax-related lawmaking and regulation. The move potentially throws a spanner into the works...
Craig Wright Plans to Take Legal Action Against BTC Developers, Hopes to Recover Over $3B in ‘Stolen Bitcoin’
25.2.2021
Craig Wright, the individual that claims to be Satoshi Nakamoto, seems to be planning to initiate legal action against a number of open-source blockchain developers. Wright’s legal team, Ontier LLP, has allegedly sent letters to programmers who work on blockchains like Bitcoin, Bitcoin Cash...
1inch announces expansion to Binance Smart Chain, plans to run BSC node
25.2.2021
The highest-profile team to make the move so far, 1inch is also planning to become an infrastructure provider for the layer-1