Blockchain company Bitfury announced the launch of a new crypto-mining data center in Ontario, Canada. The new mining center adds to the list of existing Canadian sites, which currently operate in Drumheller, Alberta and Medicine Hat. Bitfury’s new crypto mining facility in Ontario is expected to operate at 16 megawatts by the end of this month. Bitfury mining facility in Canada. Source: Bitfury According to the announcement, Bitfury has plans to add 12 MW capacity in the coming months, which will bring up the total capacity of the mining facility to…
Month: February 2022
Cardano’s ADA Jumps Amid Recovery in Major Cryptos; Traders Remain Cautious
Prices of major cryptocurrencies were up as much as 16% on Wednesday after nearly a week of downslide. Source
Bank of Spain Governor Warns About Traditional Banking’s Exposure to Crypto Assets – Bitcoin News
The Governor of the Bank of Spain has alerted the public about the risks mixing traditional banks with crypto assets might bring to the economic system. Pablo Hernández de Cos stated that the direct or indirect exposure to these assets would increase the risks associated with the financial institutions. De Cos also stated that while this exposure is still low, it is constantly going up due to the integration of crypto services within these platforms. Governor of Bank of Spain Notes Risks Associated With Banks Integrating Crypto Services …
BITCOIN CRASH NOT OVER (yet)!! | Bitcoin News Today & Bitcoin Price Prediction 2022 (BTC Analysis)
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BITCOIN CRASH NOT OVER (yet)!! | Bitcoin News Today & Bitcoin Price Prediction 2022 (BTC Analysis) Welcome back to the Crypto World! In this video I reveal my next Bitcoin Price Targets and my Bitcoin Strategy (Bitcoin Trading for Beginners)! Is Bitcoin the best crypto to buy now? Comment below! And leave a LIKE and SUBSCRIBE for more videos like this! 🚨NEW: My Complete Technical Analysis Course 👉 👈 📈BEST TRADING PLATFORMS: ► Bybit 👉 👈 (NEW $4,100 BONUS)* 🔥 Register with…
‘We need Bitcoin as legal tender’
Amid El Salvador reporting on cases of the positive impact of the country’s Bitcoin (BTC) adoption, a government official in Mexico has once again urged that the country should follow El Salvador’s example on Bitcoin. Indira Kempis, a senator representing Nuevo León state, is confident that Bitcoin should be legal tender in Mexico because Bitcoin adoption can potentially drive global financial inclusion. The senator is now developing a cryptocurrency bill based on El Salvador’s “Bitcoin Law.” She expects to introduce the bill to the Mexican Congress this year, Kempis said…
US Secret Service launches ‘crypto awareness hub’
The tide is turning on the way in which law enforcers discuss cryptocurrencies and treat crypto users. The United States Secret Service has launched a cryptocurrency awareness hub featuring a cheesy public service announcement video. The educational tool seeks to combat the “illicit use of digital assets as well as provide public awareness information on digital asset security and how to ensure it remains secure.” Watch the video here: “Secret Service: Safeguarding the next generation currency”, Source: U.S. Secret Service YoutubeU.S. Secret Service Office of Investigations Assistant Director Jeremy Sheridan…
Stocks vs Crypto vs Alternate Investments: Which is Worth Your Time?
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In today’s episode, I join forces with SPACs Attack Chris & Mitch, and special guest Matt Higgins on the latest trends in SPACs stocks, NFT, & Sports Betting. This isn’t about convincing others This is about having conviction when new things are happening, way too many focus on the debate, news alert, history will decide, spend less time convincing and more time creating. Enjoy! Let me know what you thought. — Thanks for watching! Check out another series on my channel: Tea…
Aventus Taps Scytale Ventures to Boost Polkadot Parachain Plans
There’s an important distinction between the two projects, said Aventus CEO Alan Vey, since Moonbeam is more focused on general-purpose computing, while Aventus is “a bit more of a walled garden, a more performant environment, but less general-purpose.” It may be one of Polkadot’s first takes on “enterprise blockchain.” Source
Intercontinental Exchange Invests in tZERO Group
A prominent operator of global exchanges and clearing houses, Intercontinental Exchange (ICE) recently revealed a strategic investment in tZERO, an international leader in blockchain technology for capital markets. Terms of the recent investment from Intercontinental Exchange were not disclosed. According to ICE, the investment will make the company a significant minority shareholder in tZERO. Moreover, David Goone, the Chief Strategy Officer at ICE, will join tZERO as the firm’s next CEO. Goone, who has been a longtime member of ICE’s management team, will serve on the Board of Directors of…
Five key takeaways from the official Indian crypto ads guideline
The Advertising Stands Council of India (ASCI) released a set of 12 guidelines for promotions and advertisement of virtual digital assets (VDA), including cryptocurrencies, on Wednesday. The chief advertising watchdog has developed the new guideline after extensive consultation with the stakeholders of the crypto ecosystem as well as the government, ASCI said. The advertising guidelines also mark the first legal framework related to the digital asset market in the country at a time when the government is yet to finalize the crypto bill. The new crypto advertising framework is set…