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Core Scientific To Expand Mining Operations by 75 MW
Core Scientific To Expand Mining Operations by 75 MW
News  •  Bitcoin  •  Jul 28, 2022 by Hodl D

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 Faces SEC Probe on Crypto Listings
Coinbase Faces SEC Probe on Crypto Listings
News  •  Altcoins  •  Jul 28, 2022 by Philipe F

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

Foundry Logistics Arm Offers One-stop Shop for Bitcoin Mining Equipment
Foundry Logistics Arm Offers One-stop Shop for Bitcoin Mining Equipment

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

News  •  Bitcoin  •  Jul 28, 2022
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Foundry Logistics Arm Offers One-stop Shop for Bitcoin Mining Equipment
Foundry Logistics Arm Offers One-stop Shop for Bitcoin Mining Equipment

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

News  •  Bitcoin  •  Jul 28, 2022
Core Scientific To Expand Mining Operations by 75 MW
Core Scientific To Expand Mining Operations by 75 MW

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

News  •  Bitcoin  •  Jul 28, 2022
Coinbase Faces SEC Probe on Crypto Listings
Coinbase Faces SEC Probe on Crypto Listings

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

News  •  Altcoins  •  Jul 28, 2022
Joint Venture Komainu Receives Provisional License for Bitcoin and Crypto Services in Dubai
Joint Venture Komainu Receives Provisional License for Bitcoin and Crypto Services in Dubai

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

News  •  Bitcoin  •  Jul 27, 2022
Senate Bill Would Cut Taxes on $50 Bitcoin and Crypto Payments
Senate Bill Would Cut Taxes on $50 Bitcoin and Crypto Payments

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

News  •  Bitcoin  •  Jul 26, 2022
Brazil’s Largest Investment Broker Will Offer Bitcoin Trading
Brazil’s Largest Investment Broker Will Offer Bitcoin Trading

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

News  •  Bitcoin  •  Jul 26, 2022
Bitfinex and Tether Collaborate on New P2P Video and Chat App for Bitcoin Lightning Payments
Bitfinex and Tether Collaborate on New P2P Video and Chat App for Bitcoin Lightning Payments

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

News  •  Bitcoin  •  Jul 25, 2022
New Chipotle Promotion Encourages Customers To Buy the Dip
New Chipotle Promotion Encourages Customers To Buy the Dip

Chipotle is no stranger to promoting their brand through Bitcoin and cryptocurrency. As per this press release, Chipotle has announced today that it will give away more than $200,000 in free Bitcoin and crypto to its users as well as provide promo codes for 1-cent guac and 1-cent Queso

News  •  Bitcoin  •  Jul 25, 2022
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