Month: January 2023

Dogecoin (DOGE) And Shiba Inu (SHIB) Investors Are Moving Their Interest To Snowfall Protocol (SNW)

Place/Date: – January 11th, 2023 at 10:08 pm UTC · 4 min read Source: Snowfall Protocol Recall the incredible runs of Dogecoin (DOGE) and Shiba Inu (SHIB) in the spring of 2021? These tokens built strong communities that powered them to eye-watering returns. Lots of new millionaires were minted while countless people were lifted from poverty. These same communities are now positioning themselves in the next token that would fetch similar kinds of returns and most of them believe it to be Snowfall Protocol (SNW). Time to follow the money,…

Ava Labs Partners With Amazon Web Services to Accelerate Blockchain Adoption, AVAX Jumps 16% – Blockchain Bitcoin News

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Ava Labs, the team behind the layer one (L1) smart contract platform network Avalanche, has partnered with Amazon Web Services (AWS), according to an announcement made on Jan. 11, 2023. Founder and CEO of Ava Labs, Emin Gün Sirer, said the collaboration was a “big deal” and, in comparison with other blockchain announcements that involved AWS, he insisted that this partnership is “meaningful.” Founder and CEO of Ava Labs, Emin Gün Sirer, Comments on Collaboration with Amazon Web Services According to Ava Labs, the company behind the blockchain network Avalanche…

Ava Labs partners with AWS to offer one-click node deployment

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Ava Labs, developer of the Avalanche network (AVAX), has partnered with Amazon Web Services (AWS) to implement new features intended to make running a node easier, according to a January 11 blog post from Ava Labs. The new features include one-click node deployment through the AWS Marketplace, AWS GovCloud integration for Dapp developers concerned about compliance, and the ability to create Avalanche subnets with just a few clicks. It’s official! @Amazon #ChoseAvalanche to bring scalable blockchain solutions to enterprises and governments #AWS fully supports Avalanche’s infrastructure and dApp ecosystem, including…

Silvergate hit with another class-action suit, this time for securities law violations

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A class-action suit was filed against Silvergate Capital, operator of the Silvergate Exchange Network and parent company of Silvergate Bank, in United States District Court of Southern California on Jan. 10. The suit was filed on the behalf of all purchasers of Silvergate securities between November 9, 2021, and January 5, 2023, claiming violations of the Securities Exchange Act of 1934. Silvergate CEO Alan Lane and chief financial officer Antonio Martino were also listed as defendant in the suit. The plaintiff claimed in the suit that Silvergate’s platform failed to…

Silvergate hit with another class action suit, this time for securities law violations

A class-action suit was filed against Silvergate Capital, operator of the Silvergate Exchange Network and parent company of Silvergate Bank, in United States District Court of Southern California on Jan. 10. The suit was filed on the behalf of all purchasers of Silvergate securities between November 9, 2021, and January 5, 2023, and claims violations of the Securities Exchange Act of 1934. Silvergate CEO Alan Lane and chief financial officer Antonio Martino were also listed as defendant in the suit. The plaintiff claimed in the suit that Silvergate’s platform failed…

Price analysis 1/11: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI

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Bitcoin and altcoins are extending their rally and traders are hopeful that the gains will push higher after this week’s consumer price index data is released. Crypto and stock markets are usually forward-looking. Meaning, traders tend to ignore the near-term negatives and focus on the positives down the line. With Bitcoin’s (BTC) next halving in 2024, analysts are shifting their attention to this event. Independent market analyst Rekt Capital highlighted this unique market dynamic in 2015 and 2019, a year before halving, Bitcoin rallied 234% and 316% respectively. If history…

Bitcoin miner Northern Data says production increased by 315% Y/Y in 2022

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Northern Data AG, a German company that specializes in Bitcoin mining and cloud computing, released its December 2022 results for its mining division. According to Northern Data AG, in the fiscal year 2022, it mined a total of 2,798 BTC, a significant increase of 315% compared to the previous year. This led to BTC mining revenues of EUR 77.7 million in the fiscal year 2022. The average sale price of the 3,005 BTC mined and sold in 2022 was EUR 23,849, contributing to a cash revenue of EUR 71.7 million.…

El Salvador Passes Law Paving the Way for ‘Volcano Bond’

In a statement released Wednesday, Bitfinex stated that it “will be an infrastructure provider for what it says should really be termed the “Volcano Token” – “a digital token which would help El Salvador to raise capital to pay down its sovereign debt, direct funds towards the creation of Bitcoin mining infrastructure, and fund the construction of “Bitcoin City.” Source