DIGIT INFO – Page 3572 – Cryptocurrency News

Circle Intends to Become a Full-Reserve National Commercial Bank

Circle, a cryptocurrency fintech services company, announced it intends to become a full-reserve national commercial bank. This would bring a set of responsibilities and duties to the company equal to those of other mainstream banks: having to report to the Federal Reserve, U.S. Treasury, OCC, and the FDIC. However, it would also put the company […]

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Chainalysis Announces It Will Include Dogecoin Coverage in Its Reports

Chainalysis, one of the leading blockchain intelligence companies in the world, has announced it will now cover the Dogecoin network in its reports. The company argues that dogecoin became one of the most known cryptocurrencies in the world after being promoted by Elon Musk, CEO of Tesla during this year. This, consequently, has attracted criminals […]

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Shark Tank’s Kevin O’Leary becomes FTX spokesperson, will be paid in crypto

Mr. Wonderful has signed a multi-year deal to serve as a brand ambassador and spokesperson for FTX and will be paid in crypto assets and take an equity stake in FTX.

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BENQI and Avalanche Launch $3M Liquidity Mining Initiative to Accelerate DeFi Growth

PRESS RELEASE. BENQI, an algorithmic liquidity market protocol, and the Avalanche Foundation are collaborating on a joint liquidity mining program to celebrate the launch of the BENQI protocol on the 19th of August and the next phase of growth within Avalanche’s DeFi ecosystem. $3MM of AVAX will be allocated as liquidity incentives for BENQI users, […]

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Why the Cloud Industry Needs to Become Greener

According to Energy Post, the Internet will consume 20% of the projected electricity demand with 8000 TWh by 2030, making it one of the most energy-intensive sectors in the world. Hyperscale data centers typically use cutting-edge technologies — facility designs, cooling systems, and workload-optimized equipment to improve efficiency, but the current centralized approach leads to many bottlenecks. While many in the sector are trying to reduce energy consumption by powering their infrastructures with renewable energies, it will not shift the trend. Companies in the industry must commit to reach the “zero carbon footprint” threshold and fast. In this article, you’ll

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Man who minted 14M ICX tokens due to a bug can pursue lawsuit to keep them

A flaw in an upgrade to the ICON blockchain in 2020 allowed a user to repeatedly mint millions of ICX tokens.

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Venmo enables users to automatically buy crypto with ‘cash back’ rewards

Paypal-owned payments firm Venmo has expanded its crypto support by enabling credit cardholders to convert their cash back rewards into four digital assets hosted on the platform.

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Man Sentenced to 8 Years in Prison for Stealing Nearly $7 Million of Crypto in Israel

Afek Zard, a resident of Israel, has been sentenced to eight years in prison for embezzling a large sum of cryptocurrency that belonged to a friend of his. The man, who refused to cooperate with the investigation, will have to pay a hefty fine as well. Israeli Resident Sentenced for Cryptocurrency Theft The 27-year-old Zard […]