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Avalanche Developer Ava Labs Secured $350M At $5.25B Valuation

Ava Labs – the lead developer for the Avalanche (AVAX) blockchain is reportedly underway to finalize a new fundraising round to secure $350 million of capital injection at a valuation of $5.25...

| Apr 15, 2022 11:04

Argentinian town Pursuing Crypto Mining to Combat Inflation & Upgrade Infrastructure

The town of Sorradino in Argentina’s Santa Fe Province is reportedly turning into crypto mining, in an effort to secure sufficient capital for its rail infrastructure upgrade. Specifically, the...

| Apr 14, 2022 11:14

Blockstream & Block Inc Developing Solar Bitcoin Mining Center Run by Tesla Tech

Crypto storage firms Blockstream and Block Inc. (previously Square) reportedly disclosed details related to the establishment of a solar-powered Bitcoin (BTC) mining center in Texas. Specifically,...

| Apr 11, 2022 11:12

Binance Secured In-principle Clearance to Function In Abu Dhabi

Binance – the globally recognized crypto exchange, trading volume-wise – reportedly managed to snatch an in-principle greenlight to function in Abu Dhabi, which is the third clearance it...

| Apr 11, 2022 10:55

Coinbase’s plan to invest in Indian cryptocurrency and Web3 in response to crypto-enbaling tax

Coinbase Ventures, the investment branch of the crypto platform exchange Coinbase, reportedly announced plans for a $1 million investment in a variety of Indian cryptocurrency and Web3 projects...

| Apr 05, 2022 11:09

Intel releases new Bitcoin-mining chip named “Blockscale”

Intel, the world’s largest semiconductor company, reportedly revealed Blockscale, a new Bitcoin (BTC) mining chip. The circuit with the specific application being integrated, or ASIC, hardware...

| Apr 05, 2022 10:28

Bitcoin Mining Entity PrimeBlock Hitting $1.323 billion Valuation With New Merger

Bitcoin (BTC) mining firm PrimeBlock reportedly disclosed details related to its upcoming merger with special purpose acquisition vehicle (SPAC) company 10X Capital Venture Acquisition Corp II. ...

| Apr 03, 2022 10:09

The Russian Finance Ministry Has Reaffirmed Its Support for Bitcoin Mining

The Russian Ministry of Finance has indicated renewed support for Bitcoin (BTC) mining as it continues to work on new laws for the cryptocurrency industry. In specific, Russia should foster the...

| Apr 01, 2022 14:33

Omnichain Developer LayerZero Secured $135M In Funding to Fasttrack Development

LayerZero Labs – a company that builds protocol to support omnichain DApps to span numerous blockchains – reportedly revealed details of its successfully acquired $135 million of capital...

| Mar 31, 2022 11:26

Vietnamese Deputy PM Tasked Ministries With Digital Asset-focused Legal Framework Creation

Le Minh Khai, the Vietnamese deputy prime minister, has reportedly sent out a notification to the Finance Ministry, carrying details of a request for deep-diving and adjusting laws to create a digital...

| Mar 30, 2022 15:55