On Tuesday, the fintech and payment processor Zebedee announced the company has raised $35 million from Kingsway Capital, Raine Group, and video game giant Square Enix. Zebedee detailed that the Series B funding will help the startup “scale company-wide to meet the needs of the biggest names in the gamesContinue Reading
The bitcoin mining operation Marathon has announced the company has secured 254 megawatts of new hosting deals with the option to increase to 324 megawatts (MW). Marathon’s latest expansion deals should support the bitcoin mining firm’s intended goal of securing approximately 23.3 exahash per second (EH/s). Marathon Secures 254 MWContinue Reading
PRESS RELEASE. Austrian Post, the national postal service of Austria, has announced the launch of its latest product called Crypto stamp art (CSA), which is based on the Ethereum blockchain. The shift to focus on going digital first is significant, since Austrian Post is a major player in the blockchainContinue Reading
While a tentative date for The Merge has been pencilled in by developers, and even though it’s quite possible it could be delayed once again, Ethereum’s hashrate has dropped 26.26% during the last 45 days. 18.21% of the hashrate loss took place after June 30, as Ethereum’s global hashrate slippedContinue Reading
Shiba inu was trading close to a two-month high on Tuesday, despite prices marginally falling from yesterday’s peak. As of writing, prices of the meme coin remained elevated, despite earlier gains easing. Bitcoin cash was also higher, rising for a seventh consecutive session. Shiba Inu (SHIB) Following on from yesterday’sContinue Reading
India’s finance minister has informed parliament that the central bank, the Reserve Bank of India (RBI), wants cryptocurrencies to be prohibited. However, she noted that “any legislation for regulation or for banning can be effective only after significant international collaboration.” Indian Finance Minister on Crypto Ban and Regulation Indian FinanceContinue Reading
Ethereum rose for a seventh consecutive session on Tuesday, as prices briefly climbed above the $1,600 level. This move saw the token hit its highest level in over a month, and came as bitcoin also reached a nearly five-week peak, following gains made earlier today. Bitcoin Bitcoin (BTC) was upContinue Reading
A master plan that aims to see the number of Dubai’s blockchain and metaverse companies grow from the current 1,000 to 5,000 in five years, was recently launched by the kingdom’s Crown Prince Sheikh Hamdan. Known as the Dubai Metaverse Strategy, the plan also seeks to create 40,000 jobs andContinue Reading
Bitcoin mining is an incredibly difficult industry to start out in and all of its complexities may be lost on those unaware. Photo courtesy of Brekkie von Bitcoin. The inspiration of this article comes from spending a weekend with Nick Foster. Over the past few years, there has been anContinue Reading
Próspera is a charter city within Honduras that has detailed a framework for making bitcoin legal tender, but what is it really trying to achieve? When Samson Mow, architect of the “Bitcoin Bond,” announced that the charter city had adopted a bitcoin standard, many watched in confusion as this smallContinue Reading
