Genesis Digital Assets raises $125M as mining sector pivots to the west
Genesis plans to more than triple its hashing capacity from 2.6 EH/s to 8.1 EH/s. Go to Source Powered by WPeMatico
Month: July 2021
Massive government spending accelerating crypto adoption: Sen. Cynthia Lummis
Senator Cynthia Lummis said that inflation and massive government spending is accelerating the adoption of digital assets. Go to Source Powered by WPeMatico
Price analysis 7/28: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC
Bitcoin’s defense of the $38,000 level and renewed interest from institutional investors could be a sign that the bull trend is resuming. Go to Source Powered by WPeMatico
Mike Novogratz Says Institutions Are Buying Bitcoin, Politicians Need More Crypto Education
Galaxy Digital CEO Michael Novogratz says that cryptocurrencies, such as bitcoin, have bounced back because institutional investors are buying. Responding to U.S. Senator Elizabeth Warren’s anti-crypto stance, he stated, “We need to do a much better job going to D.C.” to educate lawmakers. Novogratz Says Institutions Are Buying Galaxy Digital CEO Mike Novogratz talked about … Read more
Ghana’s vice president declares Africa should embrace digital currencies
Digital currencies are primed to reinvent trade between African countries. Go to Source Powered by WPeMatico
Ripple and SBI Collaborate to Launch On-Demand Liquidity in Japan — XRP Surges
Ripple has launched its first On-Demand Liquidity (ODL) service implementation in Japan in partnership with SBI Remit, a large Japanese money transfer provider, and Philippine crypto exchange Coins.ph. Ripple, SBI, Coins.ph Collaborate to Launch Ripplenet’s On-Demand Liquidity Ripple Labs announced Wednesday “the launch of Ripplenet’s first live On-Demand Liquidity (ODL) service implementation in Japan” in … Read more
PayPal’s crypto ‘super app’ set to roll out soon
Dan Schulman said the project was already “code complete” and planned to be fully ramped in the United States in the next several months. Go to Source Powered by WPeMatico
Anchorage Digital will custody crypto seized by US Marshals
Co-founders Diogo Mónica and Nathan McCauley cited the Anchorage’s “stringent processes and procedures” as likely factors in the decision from the federal agency. Go to Source Powered by WPeMatico
Survey Shows 3 out of 4 Sports Fans Are Skeptical About the Longevity of NFT Investments
Over the last year and a half, non-fungible tokens (NFT) have seen massive hype and millions of dollars worth of sales executed at auctions. A recent survey produced by bonusfinder.com shows sports fans are doubtful of the NFT craze as the poll’s findings show nearly three out of four people are “moderately skeptical” about the … Read more
Multiverse secures $15M investment from Samsung Next, leading blockchain VCs
“Ideas have value,” said Cliff Szu, co-founder of Multiverse Labs. “[O]ur overriding goal is to help people with great ideas to discover the true value of their innovations and inventions.” Go to Source Powered by WPeMatico
