Whereas corporations like Microbt, Bitmain, Innosilicon, Strongu, Ebang, and Canaan have dominated the roost when it comes to manufacturing application-specific built-in circuit (ASIC) bitcoin miners, a brand new challenger has entered the competitors. A comparatively unknown built-in know-how agency referred to as AGM Group Holdings has seen a whole lot of ASIC gross sales and …
press launch PRESS RELEASE. Since blockchain expertise and crypto have turn into the ability of the following industrial revolution lately, Africa has been making concerted efforts to make sure inclusion within the dialog. As a multipurpose African financial institution with over 200,000 prospects around the globe, DafriBank brings the Digital Financial institution of Africa (DBA) …
Restaurant chain Jack within the Field has sued cryptocurrency alternate FTX alleging that the crypto firm “openly and illegally copied or derived its ‘Moon Man’ mascot” from its personal mascot. The lawsuit particulars that FTX’s refusal to cease utilizing Moon Man has prompted Jack within the Field “appreciable financial injury and irreparable hurt, together with …
Financial institution of America’s chief working officer doesn’t see cryptocurrency as competitors. As an alternative, he views it as an asset class, noting that “folks prefer it for all types of various causes.” Financial institution of America’s COO on Crypto: ‘I Don’t View It as Competitors at All’ Financial institution of America COO Tom Montag …
In mid-October, the market capitalization of all of the stablecoins in existence was $134 billion and over the last three weeks, the valuation has elevated by 5.59% to $141.5 billion. Whereas terrausd’s market cap jumped by 6.7% over the past month, the stablecoin DAI noticed a rise of 27.3% in 30 days. The biggest stablecoin …
New York Metropolis Mayor-elect Eric Adams says that he’ll take his first three paychecks in bitcoin. He has additionally promised to make NYC the middle of crypto. “NYC it’s going to be the middle of the cryptocurrency trade and different fast-growing modern industries,” he mentioned. Eric Adams’ Bitcoin and Crypto Guarantees New York Metropolis Mayor-elect …
Bitcoin futures open curiosity continues to stay excessive after the launch of the primary bitcoin exchange-traded fund (ETF) on October 22. Whereas Binance instructions $5.81 billion and leads the pack, CME Group holds the second-largest place when it comes to bitcoin futures open curiosity (OI) with $4.1 billion or 16.84% of the combination OI. High …
U.S. Senator Ted Cruz has launched a decision that will place Congress to steer within the space of cryptocurrency by having congressional cafeterias, merchandising machines, and reward retailers settle for crypto funds. “Congress is often gradual to undertake new know-how,” he mentioned. Senator Pushes for Crypto Adoption in Congress U.S. Senator Ted Cruz has launched …
press launch PRESS RELEASE. The newest strategic funding in rising SocialFi startup Torum from KuCoin Labs will empower the event of a SocialFi Metaverse powered by VR and Web3.0 applied sciences. 4th November 2021, Kuala Lumpur, Malaysia — Following the strategic funding of Huobi Ventures and 20 different distinguished crypto VCs, Torum SocialFi platform is …
Mobius Capital Companions founder Mark Mobius says that cryptocurrency isn’t an funding, calling it “a way to take a position and have enjoyable.” He prefers shares and believes “the U.S. market goes to proceed to prosper and proceed to do nicely.” Mark Mobius Does Not See Crypto as an Funding Mark Mobius, the founding father …