Tag: News

Kraken Becomes First Global Crypto Exchange Fully Licensed by Abu Dhabi Global Market – Regulation Bitcoin News

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Abu Dhabi Global Market has awarded a full financial license to crypto exchange Kraken. “Kraken will be the first global virtual assets exchange group in the UAE to offer investors the ability to invest, trade, withdraw and deposit virtual assets (bitcoin and ether) directly in local AED currency,” the regulator explained. Kraken Establishes Middle East Headquarters Abu Dhabi Global Market (ADGM) announced Monday that cryptocurrency exchange Kraken has become “the first global virtual assets exchange group in the UAE to receive a full financial license from ADGM.” Abu Dhabi Global…

Quik․com’s Limited NFT Domains Minting is Now Live – Sponsored Bitcoin News

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sponsored Buzzwords like NFTs, Web 3.0, and blockchain domains have infatuated everyone in the tech and crypto of late. The term Web 3.0 is now a part of everyday conversation. However, you won’t seem serious about it until you own an NFT domain. Web 3.0, the internet of tomorrow, is an umbrella term that combines different ideas aimed at a single goal, bypassing the big intermediaries from the internet. There is no need to use giants like Google, Meta, or Twitter on this new web. One of the important pillars…

South Korean Music Sharing Platform Registers NFT Music Theft Prevention Patent – Bitcoin News

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A South Korean music sharing platform, Koong World, recently announced the registration of a non-fungible token (NFT)-based music theft prevention patent. Using this patent, the music sharing platform aims to “solve the problem of copyright protection in the rapidly growing music market.” Tackling the Problem of Copyright Infringement in the Music Industry A South Korean peer-to-peer music sharing platform, Koong World, recently registered an anti-music theft patent with the Korean Intellectual Property Office, a report has said. Kung World says the patent will enable it to solve the challenge of…

Fort Worth Is Mining Bitcoin in City Hall, Mayor Wants to Transform Region Into a Tech-Friendly City – Mining Bitcoin News

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On Tuesday, Fort Worth mayor Mattie Parker and Fort Worth revealed that the city is now the first U.S. city government in the country to mine bitcoin. According to the announcement, the city of Fort Worth has partnered with the Texas Blockchain Council to embark on the crypto mining endeavor. The City of Fort Worth Begins to Mine Bitcoins 24/7 With 3 ASIC Machines Starting today, the city of Fort Worth in Texas is now mining bitcoin 24/7 at the climate-controlled Information Technology Solutions Department Data Center located at Fort…

Bitcoin Miner Cleanspark Secures $35 Million in Financing from Trinity Capital – Mining Bitcoin News

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On Tuesday, the bitcoin mining and energy technology firm Cleanspark announced that it has secured $35 million in non-dilutive financing from Trinity Capital. According to the company, Cleanspark aims to leverage the funds for growth capital expenditures. Cleanspark to Bolster Growth Expenditures With $35 Million in Financing From Trinity Capital Cleanspark has revealed it has finalized a $35 million finance deal with the venture debt financing provider Trinity Capital in order to fuel the company’s growth. The financing deal follows Cleanspark’s recent Texas expansion in March, as the company announced…

Biggest Movers: GRT up 15%, While ZEC Rallies Following Recent Losses – Market Updates Bitcoin News

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As crypto markets moved into the green on Tuesday, GRT was one of the biggest gainers, as prices rebounded following recent declines. ZEC was also higher on the day, climbing by as much as 5%, while DOGE extended Monday’s gains. The Graph (GRT) GRT was easily one of the biggest gainers in crypto markets on Tuesday, as it continued to move away from its recent support level. Following a low of $0.3393 to start the week, GRT/USD rallied to a peak of $0.4024 earlier in today’s session. The surge saw…

Permission․io Is Migrating to Polygon Network to Globally Scale Web3 Advertising – Press release Bitcoin News

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press release PRESS RELEASE. San Diego, CALIF. – April 26, 2022 – Permission.io, the leading provider of permission-based Web3 advertising, today announced it’s migrating away from its own proprietary blockchain to Polygon, the world’s preeminent Ethereum scaling solution with more than 100 million unique users. The migration is the company’s first in a series of steps designed to make the $ASK token accessible and interoperable with all major protocols. The move will allow Permission’s crypto-rewarded advertising platform to achieve vast scalability due to Polygon’s lightning-fast speeds and low transaction costs.…

Fidelity’s New 401(k) Product Lets Workers Add Up to 20% in Bitcoin to Their Retirement Plans – Bitcoin News

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The multinational financial services corporation based in Boston, Fidelity Investments, has revealed the firm is allowing people to add bitcoin into their 401(k) plan as long as the employer allows it. According to Fidelity’s head of workplace retirement offerings, the company has seen “growing interest from plan sponsors” that wanted to add bitcoin to retirement plans. Fidelity Is Giving Workers the Ability to Add Bitcoin to Their 401(k) Plan Fidelity Investments, the largest 401(k) plan provider in the United States, is now allowing people to add bitcoin to their retirement…

What does the Bitcoin Mining Council’s Report Mean for Crypto Going Forward? – Blockchain News, Opinion, TV and Jobs

Bitcoin surges above $40k and looks bullish on the daily time frame, as a bullish divergence on the RSI indicator has been confirmed. Yesterday, the Bitcoin Mining Council released a report which highlighted mining efficiency rose by 63% YoY, with sustainable energy usage at 58%, marking the 4th quarter in a row above 50%. Furthermore, the network used 25% less energy YoY. These improvements are appealing for institutions who see environmental impact as one of the biggest reasons not to invest in Bitcoin. Fidelity have advanced their support for mainstream…

Buenos Aires Confirms It Plans to Allow Citizens to Pay Taxes With Cryptocurrency – Taxes Bitcoin News

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Horacio Larreta, the head of the government of Buenos Aires, the capital of Argentina, confirmed that the city will allow its citizens to pay some taxes with cryptocurrencies. This is part of a digitization plan that the city has named “Buenos Aires+” that seeks to simplify the relationship the city has with citizens. Buenos Aires Government to Introduce Cryptocurrency Tax Payments The government of Buenos Aires, the capital of Argentina, is planning to allow its citizens to pay some taxes with cryptocurrencies. According to local media, the announcement…