Tagged: btc

January 23, 2023 @ 4:20 pm By Omar Faridi  |  

Okcoin and Paradigm have awarded a joint grant to Open Source Bitcoin Core maintainer Marco Falke. With this grant, Okcoin and Paradigm will “provide Falke with a livable income as he works on this open-source, decentralized project.” This is the third consecutive year that Okcoin… Read More

January 22, 2023 @ 5:00 pm By Omar Faridi  |  

  Bitcoin (BTC), the flagship cryptocurrency, has fallen from a high of nearly $70,000, which it reached in late 2022, to just over $20,000 at the time of writing. Meanwhile, Ethereum (ETH), the second-largest crypto-asset by market cap and the largest smart contract platform, has… Read More

January 12, 2023 @ 9:49 am By Omar Faridi  |  

The year 2022 was by far the most “eventful” year for the crypto market, according to Jack Tan, the Co-founder of WOO Network. According to Jack Tan of the WOO Network, the industry that has been struggling for years to get mass adoption “took back-to-back… Read More

January 3, 2023 @ 9:29 am By Omar Faridi  |  

The Bitcoin market has evolved “dramatically” since its launch in 2009, according to an update from Kraken. The team at Kraken notes that what was once an “intimately small” group of tech enthusiasts has grown into a global community of investors. Some 40 million crypto… Read More

January 1, 2023 @ 11:30 am By Omar Faridi  |  

Since the beginning of the year, the price of bitcoin has dropped by 64% from $46,311 to $16,851, but the market hasn’t yet reached a bottom. As the global economy enters a recession, the world’s first cryptocurrency could fall to $10,000 in 2023, according to… Read More

December 27, 2022 @ 11:27 am By Omar Faridi  |  

Iris Energy Limited (NASDAQ: IREN), an owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, recently announced that its 160MW of data center capacity is “not affected by the recent announcement by the Government of British Columbia.” On… Read More

December 27, 2022 @ 10:51 am By Omar Faridi  |  

2021 was quite the ride for the cryptocurrency mining industry, according to an update from Compass Mining. Financial analysts predicted $100,000 Bitcoin prices. Miners reportedly “touted huge purchase orders and deployments. And stock prices seemingly couldn’t go downward.” By the end of that year, however,… Read More

December 26, 2022 @ 8:17 am By Omar Faridi  |  

In yet another step towards democratizing access to the world of cryptocurrencies in Latin America, Nubank (NYSE: NU) announced two more digital currencies as part of the Nubank Cripto experience, currently “available to more than 67 million of customers in Brazil.” Launched in May “with… Read More

December 24, 2022 @ 2:20 pm By Omar Faridi  |  

Lightning Network focused LQwD Fintech Corp. announced that it has released a new and updated version of lqwd.tech, the company’s proprietary, non-custodial Lightning Network Software as a Service platform (SaaS). LQwD’s Lightning Network platform “makes it easier for institutions, businesses, and users, to integrate and… Read More

December 20, 2022 @ 9:52 pm By Omar Faridi  |  

Digital asset firm Kraken is pleased to announce that their crypto trading platform now supports withdrawals to Taproot (Bech32m) Bitcoin addresses. Taproot is “an upgrade to the Bitcoin protocol that aims to improve the privacy and efficiency of the world’s first and largest cryptocurrency.” Taproot… Read More

December 18, 2022 @ 10:40 pm By Omar Faridi  |  

THORChain, a non-custodial decentralized native asset protocol that enables wallets, decentralized exchanges (DEXs), and users to seamlessly transfer their digital assets across blockchains, has completed its integration with Trust Wallet, a self-custodial and multi-chain wallet provider. This integration “unlocks decentralized multichain swaps for the more… Read More

December 16, 2022 @ 7:02 pm By Omar Faridi  |  

Finterest, which claims to be the “first” crypto lending protocol available on the Internet Computer (ICP) built to support native Bitcoin borrowing and lending, announced the close of its $1.5 million seed round. Investors reportedly “include Polychain Capital via the Beacon Fund, an Internet Computer-focused… Read More

December 6, 2022 @ 10:27 pm By Omar Faridi  |  

BlocksBridge Consulting, the consulting and advisory firm for institutions in the bitcoin mining industry, launched TheMinerMag, a data and research resource “for journalists, analysts, industry executives and anyone interested in coherent and decisive information on Nasdaq-listed bitcoin mining companies.” Additionally, BlocksBridge announced “the appointment of… Read More

December 4, 2022 @ 4:21 pm By Omar Faridi  |  

The DFINITY Foundation, the “not-for-profit” contributing to the development of the Internet Computer (IC) — the “world’s first” web-speed, internet-scale public blockchain — has announced the Internet Computer’s mainnet “integration with Bitcoin, bringing advanced smart contract functionality to the world’s largest cryptocurrency.” The Internet Computer… Read More

December 4, 2022 @ 2:53 pm By Omar Faridi  |  

Valour Inc., a technology company and the first and only publicly traded company that bridges the gap between traditional capital markets, Web3 and decentralized finance, announced a partnership with Autostock, a Swedish trading platform “to launch an automated trading strategy designed to capture weekly effects… Read More

November 21, 2022 @ 11:39 pm By Omar Faridi  |  

Bigo Live, which claims to be one of the world’s fastest-growing social live streaming platforms, has enabled their users to top up accounts by paying “with cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and USD Coin (USDC).” Powered by licensed crypto payment gateway TripleA,… Read More

November 21, 2022 @ 4:18 pm By Omar Faridi  |  

THORChain, the non-custodial decentralized exchange (DEX) that opens access to native and cross-chain liquidity, has launched its single-sided staking capabilities, “allowing community members to take advantage of decentralized finance (DeFi) while maintaining full ownership of their native Bitcoin (BTC) or other assets.” For the “first… Read More

November 18, 2022 @ 5:58 pm By Omar Faridi  |  

Arkon Energy, which claims to be a “100% renewable” data center infrastructure company, has announced the completion of a US $28M raise. The Australia-based company has also “completed the acquisition of Hydrokraft AS, a leading renewable energy-based data center in Norway.” The Hydrokraft purchase is… Read More

November 2, 2022 @ 8:39 am By Omar Faridi  |  

MoneyGram International, Inc. (NASDAQ: MGI), a global player in the evolution of digital P2P payments, announced the launch of “a new service enabling consumers to buy, sell and hold cryptocurrency via the MoneyGram mobile app.” This new and innovative feature “gives MoneyGram customers in nearly… Read More

October 23, 2022 @ 11:23 pm By Omar Faridi  |  

Leveraging the firm’s expertise in asset management and Bitcoin Mining, JKL Group is set to raise “a $50M mining infrastructure fund from family offices, HNWI, and institutional investors active in the digital assets space.” JKL Group is reportedly “the first APAC headquartered digital asset management… Read More