Foundry Digital LLC announced on July 28th, 2022 the launch of Foundry Logistics, a new division that advances the company's goal of establishing high standards for dependability, efficiency, and transparency in the Bitcoin and cryptocurrency mining sector. The company specializes in mining Bitcoin and other cryptocurrencies while being
Core Scientific Inc. (NASDAQ: CORZ), which holds the third largest Bitcoin stack by a publicly traded company after MicroStrategy and Tesla, has announced that they are expanding their mining operation by 75 megawatts (MW).
The company expects $50 million in increased revenue from the addition of new ASICs to its
Three U.S. senators wrote an open letter to the CEO of Fidelity Investments to express their disapproval of the firm's recent introduction of a Bitcoin 401(k) retirement plan. Senators Elizabeth Warren, Tina Smith, and Richard Durbin said it was “immensely troubling” that Fidelity offered exposure to
Three U.S. senators wrote an open letter to the CEO of Fidelity Investments to express their disapproval of the firm's recent introduction of a Bitcoin 401(k) retirement plan. Senators Elizabeth Warren, Tina Smith, and Richard Durbin said it was “immensely troubling” that Fidelity offered exposure to
Foundry Digital LLC announced on July 28th, 2022 the launch of Foundry Logistics, a new division that advances the company's goal of establishing high standards for dependability, efficiency, and transparency in the Bitcoin and cryptocurrency mining sector. The company specializes in mining Bitcoin and other cryptocurrencies while being
Core Scientific Inc. (NASDAQ: CORZ), which holds the third largest Bitcoin stack by a publicly traded company after MicroStrategy and Tesla, has announced that they are expanding their mining operation by 75 megawatts (MW).
The company expects $50 million in increased revenue from the addition of new ASICs to its
Coinbase has faced significant amounts of scrutiny from the U.S. SEC since the platform decided to increase the amount of tokens listed on its platform. The company now faces an investigation by the SEC on its listings for whether or not it allowed American citizens to trade digital assets
Institutional digital asset custody provider Komainu announced provisional regulatory approval from the Government of Dubai's Virtual Assets Regulatory Authority (VARA) to begin operational readiness.
In the meantime, the company’s application will go through due diligence in accordance with VARA requirements. As a result, the company only has
On July 26th, 2022, Senators Patrick Toomey (R-PA) and Kyrsten Sinema (D-AZ) introduced a bill to the U.S. Senate that would exempt Bitcoin and cryptocurrency transactions up to $50 from capital gains taxes.
Reactions from Twitter toward the announcement have varied from supportive to many suggesting methods for performing
XP Inc., Brazil’s largest investment broker by market value, will begin offering Bitcoin trading next month. In a report released by Reuters, the company said it will list Bitcoin on its trading platform, Xtage, by mid-August.
According to Lucas Rabechini, the company’s director of financial products, there are
Bitfinex and Tether have collaborated with the open source team behind the Hypercore protocol to bring to market the peer-to-peer communications app, Keet.
Keet allows users to communicate via video, text, and instant file exchange in a true peer-to-peer way and has plans to integrate Bitcoin payments on lightning, as
