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Square Inc. To Go Carbon Neutral in Its Bitcoin Operations by 2030

Square Inc. To Go Carbon Neutral in Its Bitcoin Operations by 2030

Jack Dorsey’s payment company Square Inc. has laid out plans to go carbon neutral bordering on all Bitcoin and operational aspects by 2030.

Blockchain Security Firm Files Patent for Ransomware Solution EB Drive

Blockchain Security Firm Files Patent for Ransomware Solution EB Drive

Blockchain networking company Everything Blockchain, Inc. applies for a patent for its Blockchain drive (EB Drive).

Top Brazilian Investment Broker to Roll Out Crypto Trading Services in August

Top Brazilian Investment Broker to Roll Out Crypto Trading Services in August

XP Inc., a leading Brazilian investment brokerage firm, plans to establish a crypto trading platform by mid-August, offering Bitcoin and Ethereum trading at the early stage.

Fitch Warns El Salvador’s Bitcoin Adoption Will Hurt Local Insurers’ Credit Ratings

Fitch Warns El Salvador’s Bitcoin Adoption Will Hurt Local Insurers’ Credit Ratings

Fitch Ratings has warned El Salvador that its bitcoin adoption plan poses serious risks to local insurance companies.

Canaan Inc. Secures Major Order for Avalon Miner A1566 from Cipher Mining

Canaan Inc. Secures Major Order for Avalon Miner A1566 from Cipher Mining

Canaan Inc. announces significant purchase order from Cipher Mining for Avalon Miner A1566 units.

Canaan Unveils Immersion Cooling Avalon Miner A1566I at Mining Disrupt 2024

Canaan Unveils Immersion Cooling Avalon Miner A1566I at Mining Disrupt 2024

Canaan Inc. launches the Avalon Immersion Cooling Miner A1566I at Mining Disrupt 2024, featuring enhanced efficiency and innovative design.

Canaan Inc. to Participate in Rosenblatt's Technology Summit on AI and Bitcoin Mining

Canaan Inc. to Participate in Rosenblatt's Technology Summit on AI and Bitcoin Mining

Canaan Inc. announces participation in Rosenblatt's 4th Annual Technology Summit, focusing on AI and Bitcoin mining ASICs.

Canaan Inc. (CAN) to Release Q2 2024 Financial Results on August 15

Canaan Inc. (CAN) to Release Q2 2024 Financial Results on August 15

Canaan Inc. (NASDAQ: CAN) will report its Q2 2024 financial results on August 15, 2024, before the U.S. market opens, according to PRNewswire.

Canaan Inc. (CAN) Reports Strong Q2 2024 Financial Results

Canaan Inc. (CAN) Reports Strong Q2 2024 Financial Results

Canaan Inc. (NASDAQ: CAN) reports robust Q2 2024 financial results with significant revenue growth and improved profitability.

Canaan Inc. to Join Macquarie's 15th Annual ASEAN Conference

Canaan Inc. to Join Macquarie's 15th Annual ASEAN Conference

Canaan Inc. (NASDAQ: CAN) will participate in Macquarie's 15th Annual ASEAN Conference on August 27-28, 2024, hosting one-on-one meetings with institutional investors.

Canaan Inc. to Join Benchmark's 11th Annual TMT Conference in NYC

Canaan Inc. to Join Benchmark's 11th Annual TMT Conference in NYC

Canaan Inc. (NASDAQ: CAN) will participate in Benchmark's 11th Annual TMT One-on-One Conference in New York City on September 4, 2024.

Canaan Inc. to Join 4th Annual Needham Virtual Crypto Conference

Canaan Inc. to Join 4th Annual Needham Virtual Crypto Conference

Canaan Inc. (NASDAQ: CAN) will participate in the 4th Annual Needham Virtual Crypto Conference on September 5, 2024, featuring a presentation and investor meetings.

Canaan Inc. to Join H.C. Wainwright Global Investment Conference 2024

Canaan Inc. to Join H.C. Wainwright Global Investment Conference 2024

Canaan Inc. (NASDAQ: CAN) announces participation in H.C. Wainwright's 26th Annual Global Investment Conference on September 9-11, 2024.

Canaan Inc. Secures $50 Million in Final Tranche of Preferred Shares Financing

Canaan Inc. Secures $50 Million in Final Tranche of Preferred Shares Financing

Canaan Inc. has completed its third and final tranche of preferred shares financing, raising $50 million to expand its North American self-mining operations.

Canaan Inc. Secures Major Order from CleanSpark for Bitcoin Mining Equipment

Canaan Inc. Secures Major Order from CleanSpark for Bitcoin Mining Equipment

Canaan Inc. has announced a significant deal with CleanSpark, supplying 3800 Avalon A1566I miners to bolster CleanSpark's immersion mining operations, enhancing efficiency.

Canaan Inc. (CAN) to Announce Q3 2024 Financial Results on November 20

Canaan Inc. (CAN) to Announce Q3 2024 Financial Results on November 20

Canaan Inc. is set to release its third-quarter 2024 financial results on November 20, 2024, followed by a conference call to discuss the outcomes.

Canaan Inc. (CAN) Secures Securities Purchase Agreement for North American Expansion

Canaan Inc. (CAN) Secures Securities Purchase Agreement for North American Expansion

Canaan Inc. has finalized a securities purchase agreement to bolster its digital mining operations and equipment production in North America, securing investment from a key institutional partner.

Canaan Inc. Expands Bitcoin Mining Operations in North America

Canaan Inc. Expands Bitcoin Mining Operations in North America

Canaan Inc. strengthens its North American presence with expanded Bitcoin mining operations in Texas and Pennsylvania, aiming for a 10 EH/s capacity by mid-2025.

Canaan Inc. Expands Partnership with HIVE Through New Order of 5,000 Avalon Miners

Canaan Inc. Expands Partnership with HIVE Through New Order of 5,000 Avalon Miners

Canaan Inc. has secured a follow-on order from HIVE for 5,000 Avalon A15-194T miners, enhancing their collaboration in Bitcoin mining operations.

Canaan Inc. (CAN) Registers 120% YoY Revenue Increase in Q3 2024

Canaan Inc. (CAN) Registers 120% YoY Revenue Increase in Q3 2024

Canaan Inc. (NASDAQ: CAN) reports a significant 120.9% year-over-year revenue increase for Q3 2024. The company sold 7.3 million Thash/s computing power, despite a challenging market.

Canaan Inc. Secures $30 Million in Series A-1 Financing

Canaan Inc. Secures $30 Million in Series A-1 Financing

Canaan Inc. successfully concludes its Series A-1 preferred shares financing, raising $30 million. The deal involves issuing 30,000 convertible preferred shares to an institutional investor.

Nigeria Takes the Highest Bitcoin Optimism Levels at 60%, Survey Reads

Nigeria Takes the Highest Bitcoin Optimism Levels at 60%, Survey Reads

Since knowledge feeds optimism and participation, Nigeria emerged as the top nation with the highest rates of optimism about Bitcoin’s future at 60%, according to a study by Jack Dorsey-owned Block, Inc.

NBG Georgia Shortlists Ripple Among Tech Firms for CBDC Pilot

NBG Georgia Shortlists Ripple Among Tech Firms for CBDC Pilot

The National Bank of Georgia progresses with its Digital GEL Pilot Project, focusing on the exploration of Central Bank Digital Currency (CBDC) technology. Nine technology firms, including Ripple Labs, Inc., have been shortlisted for potential collaboration. The initiative mirrors global trends in modernizing financial infrastructures to meet the digital economy's evolving demands.

US Federal Prosecutors Investigate Block Inc. for Compliance Violations

US Federal Prosecutors Investigate Block Inc. for Compliance Violations

US federal prosecutors are conducting an investigation into Block Inc., the fintech company founded by Twitter co-founder Jack Dorsey. The investigation follows allegations of compliance violations at Block's payment arms, Square and Cash App. A whistleblower has provided documents showing that Block processed transactions for users in countries subject to economic sanctions and facilitated crypto transactions for terrorist groups. The company is accused of failing to address these breaches despite being alerted to them.

Global Blockchain Technology Market Expected to Hit $19.9 Billion

Global Blockchain Technology Market Expected to Hit $19.9 Billion

The global blockchain technology market is anticipated to reach $19.9 billion by 2026 from the current $3.4 billion value, according to market research publisher Global Industry Analysts Inc.

Chicago-Based Exchange Cboe to Work on Crypto Offerings as Demand Continues to Rise

Chicago-Based Exchange Cboe to Work on Crypto Offerings as Demand Continues to Rise

Cboe Global Markets Inc., a Chicago-based exchange that provides trading and investment solutions, is ready to get back to the crypto space after previous failed attempts.

Mastercard Enhances Crypto Wallet and Exchange Business

Mastercard Enhances Crypto Wallet and Exchange Business

Payment giant Mastercard announced Tuesday to enhance its function and experiment for cryptocurrency wallets and exchanges to their clients. The card issuer cooperates with multiple crypto enterprises to convert crypto and traditional fiat money more accessible.

Square Inc. Considers Rolling Out New Bitcoin Hardware Wallet

Square Inc. Considers Rolling Out New Bitcoin Hardware Wallet

Jack Dorsey, the CEO of Square payment firm, has announced that the company is developing a new hardware Bitcoin wallet to give users greater control over their funds.

Texas Securities Board Issues Emergency Cease and Desist Order to Abra and CEO, William Barhydt

Texas Securities Board Issues Emergency Cease and Desist Order to Abra and CEO, William Barhydt

The Texas State Securities Board has taken decisive action against Abra by issuing an Emergency Cease and Desist Order. The order, also directed at Abra's CEO, William (Bill) Barhydt, alleges securities fraud and misleading statements in connection with Abra's digital asset depository accounts.

Apple Seeks Crypto Talents In Charge Of Alternative Payments Business

Apple Seeks Crypto Talents In Charge Of Alternative Payments Business

Apple Inc. is on the hunt to hire a business development manager with crypto experience in the alternative payment business.

SEC Seeks to Freeze Binance.US Assets in Bid to Protect Customers

SEC Seeks to Freeze Binance.US Assets in Bid to Protect Customers

The Securities and Exchange Commission (SEC) has lodged an emergency action application against Binance Holdings Limited, BAM Trading Services Inc., BAM Management US Holdings, Inc., and their founder, Changpeng Zhao.

SEC Commissioner Expresses Dissent on LBRY Case Outcome

SEC Commissioner Expresses Dissent on LBRY Case Outcome

SEC Commissioner Hester M. Peirce criticizes the commission's enforcement action against blockchain firm LBRY, Inc., highlighting the case as an example of regulatory overreach that stifles innovation and fails to adequately protect investors. Amidst ongoing legal actions against crypto enterprises, Peirce's dissent underscores the need for a balanced regulatory approach to foster innovation and investor protection in the blockchain and crypto sectors.

MicroStrategy Plans to Raise $400M Of Debt to Add More Bitcoins on Its Balance Sheet

MicroStrategy Plans to Raise $400M Of Debt to Add More Bitcoins on Its Balance Sheet

MicroStrategy Inc. plans to borrow $400 million through senior secured notes from qualified institutional buyers. The company plans to use the proceeds made from the sales to purchase more Bitcoins.

Genesis Digital Assets Purchases 20,000 Bitcoin Mining Machines from China’s Manufacturer Canaan

Genesis Digital Assets Purchases 20,000 Bitcoin Mining Machines from China’s Manufacturer Canaan

American Bitcoin mining firm Genesis Digital Assets is purchasing additional 20,000 units of bitcoin ASIC miners from China’s Bitcoin mining hardware manufacturer Canaan Creative. The purchase will help Genesis to scale up its mining operations.

dYdX Initiates Token Migration Following Layer-1 Blockchain Inception

dYdX Initiates Token Migration Following Layer-1 Blockchain Inception

Antonio Juliano, dYdX founder, has flagged an upcoming large-scale migration of locked $DYDX tokens to the dYdX Chain following its recent launch. This migration, strictly abiding by legal agreements, marks a significant phase in dYdX's transition to a layer-1 blockchain, amplifying the utility of DYDX tokens for staking and governance purposes.

Payments Firm Bolt Scraps $1.5B Proposed Acquisition of Crypto Firm Wyre

Payments Firm Bolt Scraps $1.5B Proposed Acquisition of Crypto Firm Wyre

Bolt said that it has pulled out of a $1.5 billion deal to buy crypto firm Wyre amid market downturn.

KKR Tokenizing Part of its Private Equity Fund on Avalanche Blockchain

KKR Tokenizing Part of its Private Equity Fund on Avalanche Blockchain

KKR plans to tokenize part of its second Health Care Strategic Growth Fund to expand individual investors’ access to private investment vehicles.

Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments

Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments

As per the US SEC filing announced on Monday, February 8, Tesla has invested $1.5 billion into Bitcoin and intends to accept the crypto payments.

Square Inc. Launches Alliance for Crypto and Blockchain Companies to Fight Patent Trolls

Square Inc. Launches Alliance for Crypto and Blockchain Companies to Fight Patent Trolls

Square has announced that it has successfully launched COPA to empower blockchain and crypto companies and to protect them from patent hoarding trolls.

Canadian Dollar Stablecoin QCAD Launched for Mass Market

Canadian Dollar Stablecoin QCAD Launched for Mass Market

Canada Stablecorp Inc. has launched a new regulated Canadian Dollar stablecoin called “QCAD”.

PayPal Officially Confirms that It is Acquiring Crypto Custody Firm Curv

PayPal Officially Confirms that It is Acquiring Crypto Custody Firm Curv

PayPal Inc. has officially confirmed its plans to acquire the crypto startup company Curv.

Venture Capital Company Benchmark to Pump $50 Million into Ethereum-Based Fantasy Football Platform Sorare

Venture Capital Company Benchmark to Pump $50 Million into Ethereum-Based Fantasy Football Platform Sorare

Benchmark, a venture capital company that earlier backed Ebay Inc., Twitter Inc., and Uber Technologies, plans to invest a whopping $50 million into Ethereum-powered fantasy football platform Sorare.

World's Second Largest Bitcoin Mining Company Raises $90M in US IPO

World's Second Largest Bitcoin Mining Company Raises $90M in US IPO

The world’s second-largest bitcoin mining equipment producer, Canaan Inc. raised $90 million during its initial public offering (IPO).

Square Wants Less Technical User-Friendly Cryptocurrency Wallets

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.

MicroStrategy Adds Additional 2574 Bitcoins To its BTC Portfolio for $50 Million

MicroStrategy Adds Additional 2574 Bitcoins To its BTC Portfolio for $50 Million

Nasdaq-listed MicroStrategy Inc has made another move to shore up its Bitcoin portfolio by purchasing an additional 2574 BTC for $50million.

Nasdaq-Listed Riot Blockchain Posts a Profitable Third Quarter

Nasdaq-Listed Riot Blockchain Posts a Profitable Third Quarter

Riot Blockchain Inc, one of the few blockchain companies to be listed on the Nasdaq has posted yet a profitable third quarter performance.

Ripple is Determined to be Carbon Neutral by 2030

Ripple is Determined to be Carbon Neutral by 2030

Ripple Labs Inc, the blockchain company behind the Ripple (XRP) coin has declared its intentions to eliminate all of its carbon footprint by 2030.

Crypto.com Leverages Amazon's AWS Cloud To Enhance Scalability and Security

Crypto.com Leverages Amazon's AWS Cloud To Enhance Scalability and Security

Crypto.com will now leverage Amazon Web Services, Inc (AWS) cloud provider to provide enhanced scalability and security for its 5 million users,

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