Tag: Firm

Northern Data’s Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets – Mining Bitcoin News

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On April 4, the bitcoin mining operation Northern Data published its financial statements and noted that the company’s mining fleet had grown by approximately 21,000 machines by the end of March 2022. The newly added machines increased the company’s hashrate from 2 exahash per second in February to 3.95 EH/s by the end of March. Northern Data Adds Thousands of New ASICs to the Mining Fleet, Hashrate Doubles According to an audit report published by KPMG, the bitcoin miner Northern Data has seen growth during the last few months. Northern…

Crypto Firm Socios.com Announces Partnership With Football Star Lionel Messi

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The foray of crypto players into the sports space has been obvious and quite fast-paced. It is no surprise that crypto seems to have found a natural home in this arena given it is a fan-driven space. That has been behind the success of many fan tokens in the past months. Fan Token is a token created by crypto firm Socios.com which has been favorably received by both sports and crypto fans around the world. This time around, Socios.com has taken this one step further with a new partnership. The…

Blockchain Security Firm CertiK Just Raised $88M, SEC Docs Show

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…

Grab’s Technology Head Departs to Lead Metaverse Gaming Firm Ethlas: Report

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Hong Kong Firm Prima Asia to Launch Blockchain Payment in APAC

Hong Kong-based startup Prima Asia Limited said it would launch innovative blockchain payment technology in the Asia-Pacific region this year. Prima Asia Limited plans to launch a payment technology called “Primawire” in the fourth quarter of this year. Blockchain technology will provide customers and businesses with faster transfer speeds, more secure payment solutions while reducing transaction fees by 70%. The Chief Executive Officer of Prima Asia Limited, Jia Shaoqing, said that: “Our company has already forged relationships with several of Asia’s largest financial institutions, and the payments prototype has…

Crypto Exchange Token Showing ‘Astonishing’ Growth On-Chain: Analytics Firm Santiment

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Blockchain analytics firm Santiment says the native token of a decentralized crypto exchange is signaling massive fundamental strength behind the scenes. According to the firm, on-chain data is showing astonishing growth for DYDX, the native token for the decentralized trading platform of the same name. Santiment says there has been an anomalous explosion in active addresses for DYDX, which could be hinting at a new bull run. “The last spike seems quite unusual indeed for a stagnant price. Bullish divergence?” Source: Santiment The firm also says that DYDX’s Network Growth…

UAE Venture Capital Firm Launches $100 Million Seed Fund for Blockchain and Crypto Projects – Emerging Markets Bitcoin News

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Cypher Capital, a United Arab Emirates (UAE)-based venture capital (VC) firm, has announced the launch of a $100 million seed fund that will primarily avail funding to decentralized finance (defi), gamefi, and metaverse projects. Mentoring of Entrepreneurs A United Arab Emirates (UAE)-based venture capital firm, Cypher Capital, recently announced it has launched a $100 million seed fund whose objective is to finance blockchain and crypto projects with genuine value propositions. As explained in a report published by Unlock Media, the VC firm is planning to be involved in the mentoring…