Shenzhen Bitcoin Mining Firm Moving Rigs to Kazakhstan
June 23, 2021
As China intensifies the ban on Bitcoin mining and trading, a Shenzhen mining firm is relocating mining machines to Kazakhstan. NYSE-listed BIT Mining, formerly known
As China intensifies the ban on Bitcoin mining and trading, a Shenzhen mining firm is relocating mining machines to Kazakhstan. NYSE-listed BIT Mining, formerly known
China’s central bank, the People’s Bank of China (PBOC) ordered Monday all financial institutions to stop facilitating cryptocurrency transactions. The country has intensified the crackdown
Goldman Sachs is expanding its crypto presence to offer Bitcoin futures trading with crypto merchant bank Galaxy Digital. Founded by Mike Novogratz, Galaxy Digital will
Last month, billionaire Elon Musk and MicroStrategy CEO Michael Saylor met with Bitcoin mining companies to form the Bitcoin Mining Council. The new council has
Decentralized tokenization platform BitDAO raised $230 million from legendary tech investors and venture capital firms. Its $230 million private token sale is led by PayPal
Is it another wave of “institutional FOMO” (Fear Of Missing Out) in cryptocurrency? After American billionaire Paul Tudor Jones’ endorsement of Bitcoin, hedge fund giants
American billionaire and hedge fund manager Paul Tudor Jones said he wants an allocation to Bitcoin (BTC) of 5% in his portfolio. He sees Bitcoin
Cryptocurrency exchange giant Coinbase is offering cryptocurrencies as part of the retirement plan options. Coinbase’s institutional arm has partnered with ForUsAll, a 401(k) provider that
Following the national directive to crack down on Bitcoin trading, Chinese police arrested over 1,000 people on crypto-related money-laundering charges. This is the fifth round
Hong Kong’s central bank is studying the launch of a digital Hong Kong dollar, called e-HKD, for everyday usage of local citizens and businesses. As
Cryptocurrency derivatives exchange FTX formally converted the name of the Miami Heat’s arena to FTX Arena. The switch comes after Miami-Dade commissioners approved the 19-year
Payment technology company Square and Bitcoin infrastructure firm Blockstream are teaming up to build a solar-powered bitcoin mining facility. This is a move to address
Ahead of the opening of the Bitcoin 2021 Convention in Miami, Miami Mayor Francis Suarez revealed he holds Bitcoin (BTC) and Ether (ETH) – the
Asia’s leading digital asset Over-The-Counter (OTC) trading centre Genesis Block is proud to support the CryptoArt Week Asia by being the title sponsor of the
As a major milestone of its network upgrade, Ethereum has received over 5 million Ether (ETH) staked in its deposit contract. Under the proof-of-stake (PoS)
Cryptocurrency exchange giant Coinbase announced that its debit card now integrates with Apple Pay and Google Pay. This brings the crypto exchange’s spending tool to
Former head of China’s digital currency initiative said central bank digital currencies (CBDCs) could one day operate on public blockchain networks like Ethereum. CBDCs shouldn’t
Circle, the creator of the second largest stablecoin, USDC, has just raised $440 million in private investment – the largest investment round in the crypto
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