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Fidelity’s Crypto Arm Given the Green Light by the New York State Department of Financial Services
Fidelity Digital Assets Services (FDAS), the cryptocurrency arm of Fidelity Investments has been granted a license by the New York State Department of Financial Services (NYDFS), allowing the company to offer cryptocurrency trading and custody services.
Binance CEO CZ Denies that US Exchange Arm Was Created to Distract Regulators
The leaked "Tai Chi" document obtained by Forbes indicates that Binance.US was set up to circumvent regulation—a claim that CEO Changpeng Zhao (CZ) vehemently denies.
Coinbase Will Not Bar Russian Users Unless New Laws Requires: CEO Brian Armstrong
Coinbase CEO says the exchange will not ban Russian users, citing the fact that many citizens are not supportive of the decision of their president to go to war against Ukraine.
Helium Farm's New Mining Plans Promise Lucrative HNT Returns in 2024
Helium Farm unveils three innovative mining plans in 2024, promising attractive returns on HNT. Offering robust services and global reach, the plans are a blend of profitability and security for investors
Kraken Passes Reserve Audit Proof, Allowing Customers to Verify Crypto Balances
Kraken exchange has passed a crypto audit by Armanino LLP, allowing customers to verify cryptocurrency balances.
Portal Debuts on Binance Launchpool for BNB and FDUSD Farming
Binance Launchpool has added cross-chain gaming startup Portal for a new farming event. Users can earn PORTAL tokens by staking BNB and FDUSD over 7 days starting February 22nd. PORTAL will then list on Binance against major trading pairs.
Lemonade to Offer Blockchain-Powered Climate Insurance for Farmers in Emerging Markets
American insurance company Lemonade has revealed the formation of Lemonade Crypto Climate Coalition which will offer blockchain-enabled climate insurance to the most vulnerable farmers across the globe.
Riot Proposes to Acquire Bitfarms for $2.30 Per Share
Riot Platforms proposes acquisition of Bitfarms to create the largest publicly listed Bitcoin miner.
GitHub Introduces Arm64 Runners for Enhanced Performance and Sustainability
GitHub Actions now supports Arm64 runners, offering better performance and sustainability.
Bitfarms (BITF) Announces Results of Annual Shareholders' Meeting
Bitfarms reveals the outcomes of its annual shareholders' meeting, including board elections and auditor reappointments.
Bitfarms (BITF) Reports Significant Hashrate Increase and Operational Expansion
Bitfarms earned 156 BTC in May 2024, increased hashrate to 9.5 EH/s, and secured additional hydropower.
BounceBit's Maximal Capital Efficiency Strategy: A Comprehensive Guide
BounceBit introduces a guide to maximize yield via CeFi and DeFi integration.
Riot Platforms Acquires 12% Stake in Bitfarms Ltd., Intends to Propose New Directors
Riot Platforms now holds a 12% stake in Bitfarms Ltd. and plans to nominate new directors to the board.
Bitfarms Responds to Riot Platforms' Alleged Disruption of Strategic Review
Bitfarms addresses Riot Platforms' actions amid its strategic alternatives review.
Bitfarms Implements Shareholder Rights Plan Amid Riot Platforms' Hostile Takeover Attempt
Bitfarms adopts a shareholder rights plan to counter Riot Platforms' takeover attempt and ensure fair value for shareholders.
Bitfarms (BITF) Faces TSX Deferral on Shareholder Rights Plan Consideration
Bitfarms announced that the TSX has deferred its decision on the company's Shareholder Rights Plan.
Riot Platforms Criticizes Bitfarms' Adoption of Poison Pill
Riot Platforms criticizes Bitfarms for adopting a shareholder-unfriendly poison pill plan.
Bitfarms to Develop 120 MW Bitcoin Mining Facility in Pennsylvania, Projects Over 35 EH/s by 2025
Bitfarms plans 120 MW facility in Pennsylvania, targeting 35 EH/s by 2025.
Riot Platforms Acquires 14% Stake in Bitfarms Ltd.
Riot Platforms, Inc. acquires a 14% stake in Bitfarms Ltd., increasing its holdings and planning to influence corporate governance.
Binance to Support Sei (SEI) and Harmony (ONE) Network Upgrades and Hard Forks
Binance announces support for Sei (SEI) and Harmony (ONE) network upgrades and hard forks, ensuring uninterrupted trading for users.
Anthony Joshua's Voice Recreated Using ElevenLabs' AI for Under Armour Campaign
Tool uses ElevenLabs' AI to recreate Anthony Joshua's voice for an Under Armour campaign, achieving efficiency and high-quality results.
Riot Platforms Calls for Special Meeting to Overhaul Bitfarms Board
Riot Platforms, owning 14.9% of Bitfarms, has called for a special meeting to nominate three independent directors, aiming for significant changes in Bitfarms' governance.
Bitfarms (BITF) Faces Shareholder Meeting Requisition from Riot Platforms
Bitfarms receives a requisition from Riot Platforms for a shareholder meeting to gain control of its Board of Directors, according to GlobeNewswire.
Bitfarms Welcomes Fanny Philip to Board of Directors
Bitfarms appoints Fanny Philip, a blockchain and finance expert, to its Board of Directors, enhancing its leadership team.
Bitfarms Appoints Ben Gagnon as New CEO to Drive Future Growth
Bitfarms Ltd. has appointed Ben Gagnon as the new CEO, effective immediately. Gagnon, previously Chief Mining Officer, aims to expand and diversify the company's operations.
Riot Platforms Unveils Campaign Website Targeting Bitfarms Board Overhaul
Riot Platforms has launched a new website, www.ABetterBitfarms.com, as part of its efforts to reconstitute the Bitfarms Board of Directors.
Bitfarms (BITF) CEO Ben Gagnon to Join H.C. Wainwright Fireside Chat
Bitfarms' new CEO Ben Gagnon and CFO Jeff Lucas will participate in a virtual fireside chat hosted by H.C. Wainwright. The event will cover key insights into the company's operations and future plans.
Bitfarms Reports June 2024 Bitcoin Production and Operational Advances
Bitfarms earned 189 BTC in June 2024, increased hashrate to 11.4 EH/s, and expanded operations in the U.S. and Paraguay.
Bitfarms (BITF) Schedules Special Shareholder Meeting Amid Riot Platforms Dispute
Bitfarms Ltd. has scheduled a special shareholder meeting for October 29, 2024, in response to a requisition by Riot Platforms. Shareholders of record as of September 26 are eligible to vote.
Ontario Capital Markets Tribunal Terminates Bitfarms’ Poison Pill at Riot's Request
Riot Platforms successfully convinces the Ontario Capital Markets Tribunal to terminate Bitfarms' Poison Pill, aimed at protecting shareholder rights.
Bitfarms Adopts New Shareholder Rights Plan Amid Tribunal Decision
Bitfarms Ltd. has adopted a new shareholder rights plan following a decision by the Ontario Securities Commission's Tribunal to cease trade the former plan.
Bitfarms (BITF) to Host Q2 2024 Conference Call on August 8
Bitfarms Ltd. announces its Q2 2024 financial results and schedules a conference call for August 8, 2024, at 8:00 am EST.
Riot Platforms Acquires 16.9% Stake in Bitfarms Ltd.
Riot Platforms, Inc. reports a significant stake increase to 16.9% in Bitfarms Ltd., aiming to influence the company's board composition.
Bitfarms (BITF) Announces Significant Leadership Changes
Bitfarms Ltd. has appointed CEO Ben Gagnon to its Board and named Brian Howlett as Independent Chairman. Nicolas Bonta steps down as Chairman.
Bitfarms to Acquire Stronghold Digital Mining in $125 Million Deal
Bitfarms will acquire Stronghold Digital Mining in a stock-for-stock merger valued at $125 million, expanding its energy portfolio significantly.
Bitfarms (BITF) Reports July 2024 Bitcoin Production and Operational Milestones
Bitfarms earned 253 BTC in July 2024, increased HODL to 1,016 BTC, and expanded operational hashrate to 11.1 EH/s, according to GlobeNewswire.
Riot Platforms Increases Stake in Bitfarms to 18.9%
Riot Platforms, Inc. has announced an increase in its ownership of Bitfarms Ltd., now holding 18.9% of the company's common shares.
Bitfarms Expands U.S. Operations with Control of Sharon, PA Data Center
Bitfarms Ltd. has assumed control of its first large-scale site in the U.S., increasing its American footprint from 20 MW to 140 MW.
NVIDIA's NIM Agent Blueprint Transforms Drug Discovery with AI-Driven Virtual Screening
NVIDIA's NIM Agent Blueprint leverages generative AI for faster, cost-effective drug discovery, enhancing hit-to-lead transitions.
Riot Platforms Urges Bitfarms Shareholders to Elect New Directors at Upcoming Meeting
Riot Platforms calls for Bitfarms shareholders to vote for new board members to improve governance ahead of a crucial special meeting.
Bitfarms Reports August 2024 Production and Strategic Expansion
Bitfarms announces acquisition of Stronghold Digital Mining, reports August 2024 BTC production, and outlines significant expansion plans.
Bitfarms Addresses Riot's Misleading Claims Amid Acquisition Talks
Bitfarms responds to Riot's claims, emphasizing its commitment to shareholder value and strategic acquisitions.
Bitfarms to Participate in H.C. Wainwright’s 26th Annual Global Investment Conference
Bitfarms will attend H.C. Wainwright’s 26th Annual Global Investment Conference in NYC, featuring CEO Ben Gagnon on a Bitcoin Mining Panel.
Bitfarms (BITF) Reschedules Special Shareholders Meeting Amid Riot Engagement
Bitfarms reschedules its special shareholders meeting to November 6, 2024, to address Riot's amended requisition. The meeting will be held in-person.
Riot Platforms Announces Settlement Agreement with Bitfarms, Board Changes Enacted
Riot Platforms and Bitfarms Ltd. reach a settlement agreement, resulting in board changes and withdrawal of a shareholder meeting requisition.
Bitfarms and Riot Platforms Reach Settlement Agreement
Bitfarms Ltd. and Riot Platforms Inc. announce a settlement agreement ahead of the Special Meeting of Bitfarms Shareholders, with significant changes to the Board of Directors.
A Beginner's Guide to Yield Farming in DeFi
Learn the basics of yield farming in DeFi, including how it works, its importance, and potential risks, according to Gala News.
Bitfarms Amends Prospectus for At-the-Market Equity Offering Program
Bitfarms Ltd. updates its prospectus supplement, adjusting its at-the-market equity offering to reflect the potential acquisition of Stronghold Digital Mining, with $127 million still available under the program.
Bitfarms (BITF) Achieves 236 BTC in October Amid Operational Expansion
Bitfarms Ltd. reports earning 236 BTC in October 2024, with significant operational expansions and hosting agreements, despite challenges in reaching its hash rate targets.
Bitfarms (BITF) Adjusts Q3 2024 Conference Call Schedule
Bitfarms reschedules its Q3 2024 financial results conference call to November 13, 2024. The call will take place at 8:00 am EST, with materials available beforehand.
Bitfarms (BITF) Reveals Q3 2024 Financial Results Amid Strategic Expansion
Bitfarms Ltd. reports a 30% year-over-year revenue increase for Q3 2024, highlighting strategic expansions and operational enhancements despite industry challenges.
Farming Simulator 25 Launches on GeForce NOW with New Features
Farming Simulator 25 is now available on GeForce NOW, offering new features including rice farming and diverse environments. Nine new games join the platform this week, according to NVIDIA.
Bitfarms Expands Miner Hosting with Stronghold Digital Mining
Bitfarms Ltd. signs a second 10,000 miner hosting agreement with Stronghold Digital Mining, enhancing operations at Stronghold's Scrubgrass site in Pennsylvania. The move aims to boost efficiency and expand U.S. presence.
NVIDIA Launches BioNeMo Framework to Revolutionize Drug Discovery and Molecular Design
NVIDIA unveils the open-source BioNeMo Framework, aiming to transform the biopharma industry by accelerating drug discovery and molecular design through advanced AI and supercomputing.
Bitfarms Expands Board and Appoints Andrew J. Chang as Independent Director
Bitfarms announces board expansion to six members, appointing Andrew J. Chang as an independent director, following a special shareholder meeting. Key shareholder proposals were approved.
Zordi Leverages AI and Robotics to Revolutionize Strawberry Cultivation
Zordi integrates AI and robotics to enhance strawberry farming, aiming for sustainability and efficiency. The startup collaborates with NVIDIA for advanced automation.
Bitfarms to Restate Financials Following SEC Review of Digital Asset Proceeds
Bitfarms Ltd. will restate its financial statements for 2022 and 2023 after identifying a material error in the classification of digital asset sale proceeds.
What the U.S. Congress Decides on Crypto Will Ultimately Overstepping their authority
Jake Chervinsky, the Blockchain Association's chief policy officer, criticized the SEC's enforcement-based regulation and urged Congress to regulate the sector.
Shiba Inu ShibArmy Rallies Community Amidst 30% SHIB Price Drop and Shibaswap Delay
Shib Army acknowledges the current crypto market frustration and the bearish month of September, emphasizing the importance of crediting the Shibarium project and the #SHIBARMY community for their support and unity, encouraging positivity and resilience.
Bitcoin Miner Bitfarms Mines 411 BTC in September 2023
Bitfarms, a Canadian Bitcoin mining firm, mined 411 BTC in September 2023, marking a 7.3% increase from the previous month. The company sold 362 BTC, generating $9.5 million in revenue. Bitfarms has been expanding its operations, including fully energizing its Argentina facility at Rio Cuarto to 51 MW, and increasing its total operating capacity to 233 MW.
Netherlands CBD Producers Harness Blockchain Technology for Enhanced Traceability
A consortium of Netherlands CBD producers called the Cannabinoid Association of the Netherlands (CAN) is leveraging blockchain technology to enhance traceability, accountability, and transparency in the CBD market.
COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency
Publicly-listed Canadian crypto mining form Bitfarms has temporarily reduced employees because of the social and economic challenges caused by the coronavirus outbreak.
OpenSea Acquires Crypto Wallet Dharma Labs for Undisclosed Amount
OpenSea, a leading marketplace for non-fungible tokens (NFTs), announced that it had bought cryptocurrencies digital wallet Dharma Labs for an undisclosed amount.
What is Bitcoin Ordinals?
Bitcoin Ordinals, introduced in January 2023 by Casey Rodarmor, are a way to inscribe digital content on the Bitcoin blockchain.
Bitoasis Layoffs 5% Workforce as Bear Market Concern Grows
Bitoasis is the latest company to acknowledge the effects of the current crypto bear markets that have triggered much bigger layoffs in major crypto firms.
Opinion: How Bitcoin Options Might Help Survival amid the Bear Market?
As inflation is at an all-time high, options contracts could be a good way to hedge some risks to trade an asset in the future at a predetermined price.
Winklevoss Backs Ethereum DeFi Craze, Despite Crypto Downtrend and Market Experts' Concerns
With speculations that the decentralized finance (DeFi) industry is rapidly approaching bubble territory, the Winklevoss twins have vouched for the contrary, saying that the current DeFi craze is a revolution in the making.
Precedent Trial of SBF Engrosses Coinbase Executives as FTX Faces Judicial Scrutiny
The criminal trial against Sam Bankman-Fried (SBF) of FTX, slated to commence on October 4, 2023, under Judge Kaplan, has garnered attention from Coinbase executives, Brian Armstrong and Paul Grewal. Through Twitter, Grewal shared his extensive federal court experience and expectations for the jury selection process, sparking a broader discussion on legal procedures in high-profile crypto cases. The trial, amidst FTX's ongoing legal challenges, highlights the crypto industry's intricate regulatory landscape.
VP Bank Partners with Metaco for Digital Asset Custody Services
VP Bank has teamed up with Metaco to enhance its digital asset custody and tokenization operations. The partnership will allow VP Bank to leverage Metaco's Harmonize platform for asset minting, burning, and storage.
Bitcoin Still Needs Time to Form a Resilient Bottom, Glassnode Suggests
A report from Glassnode suggests the Bitcoin (BTC) market still has not touched the bottom, despite capitulation happening.
DeFi Reaches $12 Billion in Total Value Locked as Ethereum Transacts 2X More Than Bitcoin Daily
The growth of the DeFi industry has led to an explosive increase in popularity in Ethereum-compatible stablecoins.
Coinbase CEO Avoids Mainstream Media, Prefers YouTube, Podcasts and Blogs
Brian Armstrong the Coinbase CEO, has joined the list of cryptocurrency executives who prefer to leverage their own blogs and platforms to distribute information to the media, as opposed to direct contact with any journalists.
Ripple on the Brink of Decisive Win as SEC Legal Battle Nears End
Ripple is expected to win a legal battle with the SEC, potentially settling $20 million or less. This victory is expected due to legal perspectives and the recent Second Circuit Court ruling, impacting digital currency regulation.
StakingFarm's Innovative Approach to Simplified Crypto Staking
StakingFarm simplifies Ethereum Liquid Staking with a 50$ welcome bonus, low entry thresholds, and proprietary LSD conversion, offering investment packages and 24/7 customer support.
Crypto Market Resurgence: Is the Crypto Winter Finally Over?
While investors might be optimistic about the recent bullish trend, a major question then surfaces: Does this recovery imply a return to the bullish green days?
Bitfarms Sells 1500 BTC Goes for New Loan to Boost Liquidity
Bitfarms has now relied on sales of some of its mined Bitcoins and borrowings to fund its capital expenditure and improve its liquidity.
Coinbase: Moving America Forward or Moving out of US?
In an effort to promote the importance of cryptocurrency and its potential to revolutionize the global financial system, Coinbase, the leading crypto exchange, launched a national campaign, "Crypto: Moving America Forward."
Coinbase CEO Brian Armstrong To Sell 2% Stake to Fund Science and Tech Development
Science and technology play a crucial role in responding to the most important issues facing the world today. This is why Coinbase CEO is funding the initiative.
R3 Highlights the Transformative Potential of Tokenization in Finance
R3, a leading enterprise blockchain software firm, discusses the transformative potential of tokenization in the financial sector. The company emphasizes the need for regulatory frameworks and industry standards to unlock the full benefits of digital assets. According to a June 2023 report from Bernstein, $5 trillion in assets could be tokenized in the next five years, offering significant opportunities for market participants.
DeFi Protocol Harvest Finance Put Out $100K Bounty After $24M Attack, FARM Token Crashes
Harvest Finance is taking the offensive against an alleged attacker who exploited the DeFi protocols liquidity pools—putting a $100K bounty on the hacker.
British Army Recovers Twitter & YouTube Accounts following Crypto Scam Hack
The British Army recovered from crypto scams after hackers breached its YouTube and Twitter accounts on July 3.
Coinbase CEO: Americans are Investing Their COVID Stimulus Checks in Bitcoin
Brian Armstrong, the CEO of US-based crypto exchange Coinbase, has revealed data showing how $1,200 deposits similar to the stimulus checks being offered to Americans by the government has skyrocketed this week. Coinbase is the leading crypto exchange in the American soil.
Coinbase CEO Criticizes Singapore's Aim to Become a Web3 Hub at Expense of Crypto Trading
Armstrong seems to say that Singapore can’t become a Web3 hub while doing away with cryptocurrency.
Yearn.finance Takes Pickle Finance Protocol Onboard to Enhance DeFi Rewards
Leading DeFi protocol Yearn.finance has absorbed Pickle Finance to create a structure that will leverage shared expertise, boost specialization, and minimize work duplication.
Crypto Winter Beats Top Crypto Billionaires from US Ranking - Forbes
The downturn in the broader digital currency ecosystem has hit some notable billionaires in the US, pulling four names out of the wealthiest American’s list according to Forbes data.
United Nations Showcases NFTs Meant to Foster Climate Change Awareness
The United Nations, through its UN-Habitat program, is taking advantage of NFTs to create awareness about the global climate crisis through an initiative called DigitalArt4 Climate.
King’s College Report: Blockchain Could be Pivotal in Nuclear Disarmament
Through its new policy report, King’s College London discloses that blockchain technology could be pivotal in dismantling nuclear warheads reliably, securely, and safely.
Mangofarm Scandal: Solana's Blockchain Ensnared in Alleged Ponzi Scheme Ties
Mangofarm, Solana blockchain, cryptocurrency scam, Banana Miner Ponzi scheme, digital currency security, blockchain fraud, crypto investment caution, Richard Matthew John O’Neill, decentralized finance, investor vigilance
SEC Chair on FTX Collapse: Investors Need Better Protection
SEC Chair Gary Gensler says investors need more protection in the wake of FTX collapse
Bitcoin Ordinals Creator Casey Rodarmor Expands Ecosystem with "Runes"
Casey Rodarmor, known for his innovative Bitcoin Ordinals, has introduced a new fungible token protocol for Bitcoin called "Runes." The protocol aims to simplify user experience and could bring significant advantages to Bitcoin, despite the controversial reputation of fungible tokens.
Indonesia’s Chronic Crop Data Problem Solved by Blockchain
Indonesia has been a victim of unreliable crop data, and this has hindered the optimality of its agricultural sector. This nation has been grappling with the lack of accurate data when it comes to issues, such as crop output. HARA, a Jakarta-based startup, seeks to address this challenge by deploying blockchain technology.
Bitcoin Miner Bitfarms Mined 1,223 BTC but with $25 Million Net Loss in Q2 2023
Bitfarms mined 1,223 BTC in Q2 2023, reaching a hashrate of 5.3 EH/s. Revenue was $35M, with a net loss of $25M. The firm also secured 150 MW of hydropower.
Bitfarms Records $40m in Total Revenue and 900 BTC Mined in Q1 2022
Bitfarms expressed its happiness with the progress that it continues to make. The firm achieved record levels of hash rate, revenue, and Bitcoin mined in the first quarter.
Harmony Plans to Mint billions of New ONE Tokens for Reimbursement
Harmony is planning a hard fork to mint billions of new harmony (ONE) tokens to reimburse victims of its bridge hack last month.
Dubai’s Free Zone to Bridge the UAE-India Agriculture Trade Gap with Blockchain
Dubai Multi Commodities Centre has established a blockchain agriculture trading and sourcing platform to link India's rural farmers with the UAE food sector.
Crypto Conferences Scale Back
Crypto conferences have toned down the extravagance in response to the extended crypto winter, with attendees focusing on discussing regulation and tax. The XRP Las Vegas conference for XRP enthusiasts and the “XRP Army” highlighted frustration over regulatory clarity in the United States. Meanwhile, regulation was the primary topic at a recent Binance Australia meetup event, where attendees asked intelligent questions despite the ongoing bear market. Interest in crypto remains strong, even as conferences scale back.
Twitter CEO Jack Dorsey Says Coinbase CEO's Apolitical Stance "Leaves People Behind"
Following the move by Coinbase to offer severance packages to staff who disagree with the ‘apolitical’ stance of the firm, Twitter’s CEO Jack Dorsey has slammed the move.
Coinbase Cuts Employees By 18% as Market Outlook Remains Bleak
CEO Brian Armstrong has announced that approximately 18% of all of Coinbase Global Inc’s workforce will be laid off as the cryptocurrency trading platform strategizes to navigate the now evident crypto winter.
Coinbase Finally Files IPO with SEC—Is Brian Armstrong a Capitalist or Cypherpunk?
The Coinbase Initial Public Offering (IPO) has finally been filed and now awaits the review and approval of the Securities and Exchange Commission (SEC).
European Parliamentary Research Service (EPRS) Letter on Benefits and Challenges for Children in the Metaverse
The European Parliamentary Research Service (EPRS) has highlighted the potential benefits and challenges for children in the metaverse. While the metaverse can enhance creativity and learning, it also poses risks related to privacy, harmful content, and exploitation. Both the European Union and the private sector are taking steps to protect children, but more efforts are needed to ensure their safety in this virtual environment.
Ex-Coinbase Ventures Lead to Join Core Team at Synapse
Following successful stints at crypto firms Coinbase and Dharma, Max Bronstein has joined DeFi-focused company Synapse.
Bitcoin Enters the Deepest Phase of the Current Bear Cycle as Price Slips to an 18-Month Low
After briefly slipping to the $21K zone, Bitcoin (BTC) continues to trade at levels last seen in December 2020. Glassnode believes BTC is entering the deepest part of the present bear cycle, given that even long-term holders are experiencing losses.
Fox Renews Dan Harmon Krapopolis for Third Season Amid NFT Tie-Up
Fox has renewed the animated comedy series, Krapopolis, for a third season before its first season even airs. Produced by Fox Corp’s NFT firm Blockchain Creative Labs, the show features NFTs called “Krap Chickens” that depict cartoon chicken avatars in the same art style as the show, and holders are given exclusive access to experiences, content, rewards, and voting rights on certain aspects of the show. In other NFT-related news, Baobab Studios sold out its first collection of 8,888 NFTs just nine hours after launch, and Flare welcomed its first NFT platform after Sparkles went live. Additionally, Square Enix’s NFT-friendly CEO, Yosuke Matsuda, is stepping down after nearly 10 years at the helm.
Could DeFi’s Yield Farming Craze Hinder Ethereum 2.0’s Upcoming Launch?
According to a report by ConsenSys, high yields gained from DeFi protocols running on the Ethereum blockchain may be problematic for ETH 2.0 in the long run.
Bitcoin Miner Bitfarms Starts Production in Argentina
The new production facility marks Bitfarms’ 10th mining facility and Argentina as the fourth country where the firm conducts its mining activities, besides the U.S., Canada, and Paraguay.
Yearn Finance (YFI) DeFi Token Hits $38K, Smashing Bitcoin's Price Record with 3,500% Price Surge
Yearn.finance (YFI) surged to a new all-time high over the weekend, recording a market value north of $38,000 per token and beating Bitcoin’s record in 2017.
Blockchain Can Make Patients Profit From Personal Health Data
Jim Nasr, a healthtech expert who is the Vice President of Technology and Innovation at Certara, has forecasted that blockchain could assist patients own, share, and monetize their own health data.
What Can We Learn From Coinbase CEO Brian Armstrong's Coronavirus Outbreak Contingency Plan for Employees?
US health officials from the Centers for Disease Control and Prevention stated that the coronavirus “is not recognized to be spreading in US communities.”
Coinbase CEO Armstrong and Tech Giant Apple Butt Heads over Crypto and dApps
Coinbase CEO Brian Armstrong has voiced his disappointment over Apple’s lack of flexibility on decentralized applications (dApps) operating on its App store.
KuCoin Refutes Job Cut Rumours, Disclosing to Hire amid Crypto Winter
KuCoin has denied claims of planning to lay off. The exchange, on the contrary, discloses it is planning to hire more staff to join.
Bitcoin Miner Bitfarms Mined 378 BTC and Sold 333 in July
Bitcoin Miner Bitfarms mined 378 BTC and sold 333 in July 2023. The report details expansion plans, including a move to double hydropower capacity, and highlights challenges faced.
Coinbase Layer 2 Network
Coinbase's new layer-2 network, Base, has Ethereum supporters. One lawyer thinks the launch "opens the way" for the SEC to expedite its "secondary market agenda."
Brian Amstrong Sees Bitcoin as a Flight to Safety Asset in 5 -10 Yrs
Coinbase's Brian Armstrong foresees Bitcoin serving as a safe investment asset in about a decade
CVS Pharmacy Files for NFT and Metaverse Trademarks Registration
Healthcare giant CVS Pharmacy has filed for a new trademark with the intention of offering Non-Fungible Token (NFT) related products.
BNB Chain's Red Alert Flags 191 High-Risk Projects
Binance's BNB Chain has added 191 new high-risk projects and decentralized applications (DApps) to its weekly red alarm list. The list is based on smart contract assessment and includes projects suspected of issuing fake tokens, having high tax fees, or malfunctioning websites or Twitter handles. The alert is aimed at helping users research before investing, and does not represent the risk level of the underlying DApp projects.
Ethereum Crypto Crashes to $340 After SushiSwap’s Alleged Exit Scam
The price of Ethereum (ETH) crashed recently, dropping to a low of $315 over the weekend, after hitting an all-time high of $487 last Wednesday.
Vitalik Buterin Sceptical About DeFi Yield Farming, Compares It to US Federal Reserve Money Printing
Vitalik Buterin has criticized the yield farming craze observed from the DeFi sector, comparing it to the US Federal Reserve’s mass printing strategy.
HSBC to Initiate Institutional Digital Assets Custody Service in 2024
HSBC plans to launch a digital assets custody service for institutional clients in 2024, partnering with Metaco to expand its digital offerings to include tokenised securities.
Uniswap Anticipates Voting Outcome on Second Governance Proposal of a 5 million UNI Airdrop
The Uniswap community is currently voting on its second governance proposal for distributing 5 million UNI governance tokens to the DEX's users.
19 Crypto Billionaires Rank among Forbes’ Annual World’s Billionaires List, Increased by 58% from Last Year
The number of crypto billionaires increased from 12 in 2020 to 19 in 2021, increased by 58%, according to the Forbes’ Annual World’s Billionaires list.
The French Army Validates its Judicial Expenses via Tezos Blockchain
The French Army has revealed that it has been using the Tezos Blockchain to authenticate its judicial expenses through a smart contract. This development makes Tezos the first blockchain to be used for operative intentions by a public entity.
Unilever to Use Blockchain for Transparency and Traceability to Achieve Deforestation-Free Supply Chain by 2023
Unilever, the consumer goods company that owns brands such as Ben & Jerry’s, Dove, Vaseline, Knorr, and other well-known brands, has announced that it will be leveraging blockchain to tackle deforestation.
Virginia Pension Fund Enters Crypto Lending Space to Enhance Returns
Fairfax County Retirements Systems, a $6.8 billion Virginia pension fund, seeks to expand its scope by entering the crypto lending market to boost its returns.
Coinbase CEO Criticizes Anti-Crypto Stance of American Politicians
Coinbase CEO Brian Armstrong warns that anti-crypto politicians may face strategic disadvantages in 2024 elections due to growing crypto adoption and the proposed Digital Asset Anti-Money Laundering Act's impact.
The Coffee Board of India Views Blockchain-Driven Platform as the Holy Grail
At least 30,000 coffee farmers have signed up for a blockchain-driven electronic-market platform since it was launched by the Coffee Board of India (CBoI) in March
Federal Reserve Lifts Enforcement Action on FTX-Linked Farmington Bank
The Federal Reserve has terminated its enforcement action against Farmington State Bank, linked to the collapsed crypto exchange FTX, marking the bank's shift away from operations and reinforcing depositor protection efforts.
No Significant Risk Exposure to FTX or FTT, Says Coinbase CEO
Coinbase CEO Brian Armstrong tweeted that Coinbase has no significant exposure to FTX and its platform currency FTT, as well as Alameda's exposure.
Blockchain-Powered Farm to Plate Portal to Mitigate Recalls
Farm to Plate, a blockchain-enabled provenance tracking portal by Paramount Software Solutions, is set to address the challenge of recalls witnessed in the food & beverage sector.
Australian Crypto Community Remains Enthusiastic Despite Regulatory Concerns
Despite regulatory concerns dominating discussions at recent crypto conferences in the US and Australia, the crypto community remains enthusiastic about the potential of digital assets. Attendees are more focused on discussing intelligent questions around regulation and tax rather than the extravagances of past events. Interest in crypto remains high, and the rise in the price of Bitcoin is encouraging the crypto-curious to attend conferences and ask beginner-level questions.
DeFi to Reach $20 Billion in Total Value Locked by the end of 2020
The decentralized finance (DeFi) industry recently reached over $15 billion in total value locked before dropping back to $14 billion in TVL.
Coinbase Executives Stand Up for Crypto Staking Services
Crypto trading Coinbase officials deny its crypto staking services are securities.
BTC Miner Bitfarms' Energy Capacity Touches 21% in July
Bitfarms' increase in energy capacity reached 166 megawatts following the firm's completion of the second phase of construction at a location in Canada.
Lido Launches Layer-2 Ethereum Staking And 150,000 LDO Tokens In Rewards
Lido is now live on layer-2 solutions, Arbitrum, and Optimism, and would allocate 150,000 LDO tokens in rewards per month from Oct 7 for wstETH across each network.
$140,000 in UNI Tokens Lost to a DeFi Yield Farming Scam: The Cautionary Tale of Jhon Doe
A story of a DeFi yield farmer who lost $140,000 in UNI tokens while unknowingly participating in a fraudulent yield farming project.
Harmony Launches Bored Ape Yacht Club Passport
Harmony, the blockchain platform based on the Ethereum chain, announced the launch of Bored Ape Yacht Club Passport, supporting cross-chain activities.
CEO of IcomTech Pleads Guilty in Cryptocurrency Ponzi Scheme
Marco Ruiz Ochoa, former CEO of IcomTech, pleaded guilty to conspiracy to commit wire fraud for his role in a large-scale cryptocurrency Ponzi scheme. The company falsely promised high returns on cryptocurrency investments and used promotional tactics to lure victims. Ochoa now faces up to 20 years in prison.
Kyber Network Advises Removal of Funds Amid Potential Vulnerability
Kyber Network has advised liquidity providers to remove their funds due to a potential vulnerability in the Kyberswap Elastic decentralized crypto exchange. No funds have been lost, and farming rewards have been temporarily suspended until a new smart contract can be deployed.
Bitfarms Achieves Milestone with 446 BTC Mined in December 2023, Marking Significant Growth
In December 2023, Bitfarms reported a productive month with 446 BTC mined, $18.9M in revenue from BTC sales, and a $84M year-end cash reserve.
FinCEN's Proposed Crypto Rule Does Not “Follow Proper Procedure”- Coinbase CEO
Coinbase CEO Brian Armstrong criticized the FinCEN's proposed regulatory procedure for cryptocurrencies, calling it ill-advised.
What Coinbase CEO’s Crypto Regulation Rumors Mean for Bitcoin if Pushed by US Treasury?
Brian Armstrong, CEO of Coinbase, warned that the Trump Administration may be targeting Bitcoin on its way out of office through regulation, but what impact could it have?
Reddit Intends to Tokenize Karma Points and Onboard Half a Million Users to Web3
Reddit reportedly plans to decentralize social media, with its latest plans being to tokenize Karma Points using the Ethereum blockchain.
IBM Unveils NorthPole: An Energy-Efficient AI Chip Prototype
IBM has introduced a new prototype AI chip named NorthPole, exhibiting remarkable speed and energy efficiency, as reported in Science Magazine on October 19, 2023. The chip, showcasing a 25-fold higher energy efficiency and a 22-fold lower time latency on benchmark tests, addresses the longstanding von Neumann bottleneck by melding memory with computation on-chip. This innovation opens up avenues for applications like autonomous surgery and self-driving vehicles, with continued research on this architecture already underway at IBM.
Coinbase CEO Criticizes Chase UK’s Crypto Transaction Ban
Coinbase CEO, Brian Armstrong, condemns Chase UK's restrictive stance on cryptocurrency transactions, urging UK crypto holders to close their Chase accounts. This move by Chase UK could potentially impede Coinbase's expansion plans in the UK and Europe.
Coinbase CEO's Top 10 Crypto Opportunities Questioned by BlockTower Founder
Ari Paul, BlockTower Capital's Chief Investment Officer, has criticized Coinbase CEO Brian Armstrong's cryptocurrency vision, highlighting ten key opportunities such as decentralized cryptocurrency, blockchain-based reputation systems, decentralized advertising, and a marketplace for labor, while also criticizing on-chain reputation systems and underfunding of peer-to-peer exchanges.
1Bn Crypto Users Forecasted in the Next Decade, Says Coinbase CEO
Brian Armstrong, CEO of Coinbase Global Inc, predicted there would be up to 1 billion users of cryptocurrencies within the next decade.
Exclusive from Hedera Hashgraph CEO: Hashgraph is BFT, Blockchains are not
In this second part of our exclusive interview with Mance Harmon, CEO and Co-Founder of Hedera Hashgraph, we discuss the Hashgraph’s unique consensus mechanism, Hedera Hashgraph 2.0 and why the hashgraph is ACID compliant while blockchains are not.
Coinbase Refuses to Mix Politics With Business, Offers Unsatisfied Staff Severance Packages
Coinbase CEO Brian Armstrong has announced a generous severance package to staff who find it difficult to focus on the company’s missions.
New York State Trust License - Fidelity’s Step Towards Mass Crypto Adoption?
Fidelity’s cryptocurrency investment arm, Fidelity Digital Assets (FDAS) has filed for a trust license in the state of New York according to several sources.
Crypto Exchange OKEx Delists Five Privacy Coins due to FATF Rules
Cryptocurrency exchange OKEx’s Korean arm will be delisting all five privacy altcoins including Monero (XMR), Dash (DASH), Zcash (ZEC), Horizen (ZEN), and Super Bitcoin (SBTC).
CIA Eyes Blockchain Technology with New Research Lab
US Central Intelligence Agency has rolled an in-house R&D arm dubbed CIA Labs to scale up technological and scientific breakthroughs for future intelligence challenges.
SEC Delays Decision on Overstock-Backed Security Token Exchange
The SEC has extended the timeline for its to disapprove or approve operations by the BSTX, a security token exchanged affiliated with Overstock’s blockchain arm tZERO.
Binance.US Preps Ripple XRP Holders for Spark Token Airdrop, Over 81,500 XRP Accounts Ready for Tomorrow’s Snapshot
Binance.US, the US-based cryptocurrency arm of Binance, has been all over the Spark token airdrop despite announcing support at the very last minute.
Square Wants Less Technical User-Friendly Cryptocurrency Wallets
Square Crypto, the cryptocurrency arm of the online payment service provider Square Inc is set to fund the development of crypto wallets with enhanced UX.
Fidelity Digital Assets Demystifies Common Misconceptions Surrounding Bitcoin
Fidelity Digital Assets, the US-based crypto arm of Fidelity, has taken it upon itself to debunk common misconceptions revolving around Bitcoin.
First Crypto Fund Approved by Hong Kong’s Financial Regulator Aims to Pass $100M in its First Year
Hong Kong’s first approved cryptocurrency fund, Arrano Capital, the blockchain arm of Venture Smart Asia announced its rollout of a new Bitcoin fund in Hong Kong.
AMD Purchases Xilinx in All-Stock Transaction to Develop Mining Devices
A month and a half after Nvidia purchased Arm, AMD also announced its $35b acquisition of Xilinx. Will it alter the ecosystem of crypto mining?
Ping An of China’s Blockchain Unit Chooses US over Hong Kong for IPO
Chinese insurance giant, Ping An Insurance’s financial technology arm, OneConnect is leaning towards choosing New York over Hong Kong for its initial public offering (IPO) this year in mid-November.