Alliance of major firms aims to reduce crypto's carbon footprint
One of the group’s long-term goals involves transitioning all of the world’s blockchains to 100% renewable energy by 2025. A group of more than 20 firms comprising crypto, finance, technology, energy, and non-government organizations has banded together to focus on…
Riot Acquires Whinstone With Intent On Operating North America’s Largest Bitcoin Mining Facility
North American bitcoin mining company Riot will acquire Whinstone and add 300 MW of capacity to its operations.Bitcoin mining is a business that requires lots of power to be put toward computing. Now, in a new acquisition that significantly changes…
NYDIG Raises $100 Million, Details Bitcoin-Powered Insurance Strategy
NYDIG has announced a $100 million raise of growth capital with strategic partnerships and hires for a bitcoin-powered insurance strategy.In an April 8, 2021 release, NYDIG, the bitcoin-focused investment subsidiary of Stone Ridge, announced a $100 million raise of growth…
Caruso To Accept Rent In BTC, Allocate Portion Of Treasury To BTC
Major real estate company Caruso will be accepting rent payments in bitcoin and has allocated a portion of its treasury to BTC.The last few weeks have been excellent with Bitcoin, with financial giants like Goldman Sachs and Morgan Stanley indicating…
Bitstamp crypto exchange hires former Barclays exec as new COO
Sameer Dubey is a 10-year veteran of Barclays and former head of operations for N26. U.K.-based crypto exchange Bitstamp has hired a former director of financial services company Barclays’ payments team as its chief operating officer.In an announcement today, Bistamp…
Equilibrium Raises $2.5 Million to Compete in Polkadot Auction
Equilibrium, an interoperable DeFi project on Polkadot, raised $2.5 million to build its decentralized trading platform. Equilibrium Promises Cross-Chain DEX The funding round saw participation from various crypto funds, including KR1, Signum Capital, Hypersphere, Block Dream, Genesis Block Ventures, DFG…
Square Crypto Grants $100,000 To Mempool.Space
Bitcoin block explorer mempool.space will receive $100,000 denominated in bitcoin over the next twelve months from Square Crypto.Square Crypto, the open-source Bitcoin development arm of payments company Square, is supporting one of Bitcoin’s most popular open-source blockchain explorers, mempool.space.The project…
America’s 2nd Oldest Bank Building Bitcoin Trading Platform
The United States’ second-oldest bank, State Street, is just the latest to join the crypto boom. State Street Makes Crypto Play The company’s trading technology provider, Currenex, will be providing infrastructure for a new crypto trading platform called Pure Digital. …
Professional Soccer Players Are Buying Bitcoin And It Will Protect Their Wealth
Professional soccer player Ryan Babel has reportedly onboarded teammates to bitcoin, helping them secure and grow their wealth.According to online reports, Galatasaray S.K. and Netherlands national football team’s Ryan Babel has been shilling bitcoin to his teammates. Babel has played…