Month: November 2024

Bitcoin Mining Firm Compass Establishes 30 MW Site in Iowa

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Compass Mining is constructing a new Bitcoin mining facility in Iowa, aiming to expand its self-owned infrastructure portfolio in the United States. Compass Mining’s Iowa Expansion Highlights Growing U.S. Presence Compass Mining has announced the development of a bitcoin mining facility on a five-acre site in Iowa. The company plans to energize eight megawatts (MW) … Read more

Nansen Collaborates with TRON DAO to Empower Developers and Users with Advanced Blockchain Insights

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PRESS RELEASE. Singapore, November 19, 2024 — Leading blockchain data provider Nansen announced its collaboration with TRON DAO, a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. TRON, the trusted network for developers, institutions, and individuals worldwide, will be fully integrated on Nansen 2. This collaboration aims to … Read more

Hedge Funds Double Down on Bitcoin ETF Holdings

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Bitcoin exchange-traded funds (ETFs) remain preferred choice of investment for institutional investors seeking exposure to bitcoin. Hedge Funds Keep Diversifying Portfolio With Bitcoin The recent 13F Securities Exchange Commission (SEC) filing for end of Q3 revealed that hedge funds such as Millennium Management, Capula Management, and Tudor Investment boosted their exposure to U.S. spot bitcoin … Read more

Paxos to Acquire Membrane Finance in Strategic Move to Make USD-Backed Stablecoins MiCA Compliant

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This strategic move is aimed at accelerating Paxos’ commitment to compliant financial products and success of its stablecoins. USD-Backed Stablecoins in Europe Paxos, a regulated financial institution and provider of tokenized products has announced an agreement in principle to acquire Membrane Finance, a blockchain infrastructure company, subject to regulatory approval. With this acquisition, Paxos is … Read more