Tag: Cryptocurrencies

March 8, 2022

  The Bitcoin mining firm is broadening to Texas with new policy-built greener mining appliances that will be supported by Intel Bonanza Mine chips. HIVE is a publicly-traded crypto mining firm, Blockchain Technology has recently agreed and signed an agreement to purchase ASIC chips from semiconductor manufacturer Intel, which will be used in the new […]

March 4, 2022

Inhabitants of the Switzerland city will be eligible to pay taxes, parking tickets, public services and tuition fees using virtual currency. Southern City of Switzerland’s, Lugano schemes for many regional businesses to accept some virtual currencies as de facto (actual) legal tender as part of a cooperation with Tether (USDT) Tether chief technical officer Paolo […]

March 3, 2022

Nomura Holdings has declared that it is creating a new digital assets squad to look into apparent opportunities in the asset class. The wealth management firm said that it was reshaping its Future Innovation Company into a new Digital Company. The primary goal of the new firm will be to boost customers’ use of digital […]

March 2, 2022

Facepay is a blockchain-based payment platform recognized for freeing business holders for credit transaction payments has declared on Tuesday that it is planning to undertake its native cryptocurrency Facepay to curb transactions fee oligopoly of payment processors. Although the previous fixed rate model of Facepay disrupted the enterprise in 2021. The expansion of cryptocurrency will […]

February 25, 2022

Erik Thedéen, the vice-chair of the European Securities and Market Authority, said that there has been a substantial surge in the quantity of renewable energy assigned to crypto mining. He further added that mining poses a risk to confronting climate change goals under Paris Agreement. Erik Thedéen also said that he is not pledging to […]

Crypto and NFT ecosystem analytics company BitsCrunch has conserved $3.6 million in a financing round led by Coinbase Ventures, Animoca Brands, Crypto.com Capital, etc. BitsCrunch, the company is based in Germany and India, employs AI-based analytical devices to differentiate the reasonable rate of NFTs, specify wash trading threats, and conclude whether an NFT is a […]

February 23, 2022

  Coinbase Wallet, in-house wallet assistance proposed by well-known crypto exchange Coinbase, has rolled out browser extension aid for Ledger hardware wallets. The Coinbase Wallet extension accessible in the Chrome Web Store is a non-custodial wallet that enables users to store and transact virtual currencies and nonfungible tokens (NFT). By strengthening support for Ledger, Coinbase […]

El Salvador’s adoption of Bitcoin as legal tender in September of last year has accelerated an outstanding boost in its Gross Domestic Product (GDP) and for the local tourism improvement. Salvadoran President, Nayib Bukele recently declared that GDP has shown a growth of around 10 percent in 2021 As per Salvadoran Tourism Minister Morena Valdez, […]

February 22, 2022

  The Ministry of Finance of Russia is looking forward to its planning to legislate virtual currencies in the nation. The new bill is based on the last bill, drafted by different government units involving main law enforcement mechanisms. The Ministry of Finance announced the disapproval of the Bank of Russia will be deemed in […]

February 21, 2022

Sequoia Capital declared the launch of a virtual currency oriented fund of approximately $600M. Sequoia is an American venture capital company that largely concentrates on the technical business. Sequoia Partner Shaun Maguire said that the company perceives virtual currency as a megatrend for the next twenty years and is the destiny of money. Sequoia’s latest […]

February 19, 2022

A private class-action lawsuit against a partaker in Canada’s ‘freedom convoy’ has successfully ensured order freezing funds put forward via crypto subsidies. A Mareva injunction (this is a court order used in the Canada and U.K that freezes a defendant’s possession to stave off them from being expended or rolled before a conclusion is ruled) […]