Author: admin
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HIVE Buys 3,019 New Bitcoin Mining Rigs, Joins Foundry USA Pool
Bitcoin mining firm HIVE has announced a purchase of 3,019 rigs to increase its hash rate by 46%, and will be joining Foundry USA Pool. Bitcoin mining company HIVE Blockchain has announced a purchase of 3,019 MicroBT WhatsMiner M30S mining rigs, with the ability to increase its hashing power by nearly 46%. The rigs are…
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California Man Arrested for Using Government’s Covid-19 PPP Loan to Buy Cryptocurrency and Tesla
The U.S. has arrested a man on criminal charges after he allegedly defrauded the government’s Covid-19 loan programs and used the money to buy cryptocurrency and Tesla. Using PPP Loan to Buy Cryptocurrency and Tesla The U.S. Department of Justice (DOJ) announced Friday that Lebnitz Tran was arrested Thursday “on criminal charges related to his…
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Major Australian Broker SelfWealth To Bring Bitcoin Trading To 95,000 Investors
Australian broker SelfWealth will provide bitcoin trading services to over 95,000 customers in forthcoming partnerships with third parties. Major Australian online broker SelfWealth is in discussions with bitcoin exchanges to add BTC trading capabilities to its platform of over 95,000 users, according to local news outlet The Australian Financial Review. According to a survey recently…
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Gaming giant Razer is considering a crypto move. And it’s “not just NANO”
The founder of Razer Inc., Min-Liang Tan, tweeted that his firm is considering using crypto as a payment method. What’s more, Min-Liang said this could cover several cryptocurrencies, not just Nano. Accepting crypto as a payment method (not just Nano) is something we’re considering. — Min-Liang Tan (@minliangtan) July 11, 2021 Razer is already in…
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As Hollywood’s Latest Bitcoin Promoter, Spike Lee Highlights Sovereign Potential Of BTC
Iconic actor and director Spike Lee is bringing his cultural perspective to Bitcoin in an ad for a cryptocurrency ATM operator Coin Cloud. Mainstream, Hollywood celebrities have delved into the commercial world of Bitcoin before. For instance, Alec Baldwin has served as a pitchman for cryptocurrency exchange eToro and Neil Patrick Harris has partnered to…
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Blockchain ‘Immutability’ Dispute Sparked by Ethereum Request for Reorg Contract
Just recently, a software developer and “Solidity nerd” called Bunny Girl has sparked heated conversations within the cryptocurrency community over a smart contract that reveals a process called a “Request For Reorg contract (RFR).” On Twitter, Bunny Girl explained that the contract “creates a mechanism that allows users to pay miners to reorg the Ethereum…
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Logan Paul called out for promoting alleged crypto scam Dink Doink
Popular YouTuber Logan Paul catches heat for promoting a dubious crypto sh*tcoin known as Dink Doink. Earlier this month, several influencers, including members of FaZe Clan and Ricegum, were accused of hyping a pump and dump token called Save The Children. Paul’s efforts have triggered a further discussion on the role played by social media…
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Nigeria’s June P2P Bitcoin Trade Volumes Surged Again Despite Central Bank’s Crypto Restrictions
Nigeria’s peer-to-peer bitcoin trade volumes went up to just under $38 million in June 2021, the latest data shows. This surge becomes only the second time Nigerian P2P traded volumes have breached the $35 million mark in 2021. March 2021 is the only other period when P2P bitcoin traded volumes nearly surpassed the $38 million…
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Los Angeles Dodgers to Auction 2020 World Series Ring NFT via Candy Digital
After Major League Baseball (MLB) revealed a partnership with Candy Digital, the Los Angeles Dodgers announced it is auctioning a non-fungible token (NFT) World Series championship ring, a physical version, and a VIP first pitch experience. The NFT collection will start with an online auction on Monday, July 12, and net proceeds will go to…
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Shiba Inu frenzy: ShibaSwap TVL surges to record $1.56 billion in two days
Banking on the Floki frenzy for attracting liquidity providers, Shiba Inu (SHIB) developer’s trading protocol recorded a massive inflow of funds, but its safety concerns raised red flags. Crypto’s most notorious influencer Elon Musk tweeted on the 25th of June his new Shiba Inu will be named Floki, which resulted in a frantic launch of…