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” Kraken users report Bitcoin Lightning Network availability “ Major American cryptocurrency exchange Kraken reportedly started implementing the Bitcoin (BTC) Lightning Network for users a bit later than the firm originally planned. Bitcoin maximalist Mr.Hodl took to Twitter on Wednesday to report that Kraken has implemented the Lightning Network. He attached a screenshot of the supposed…
” 11 companies form Canadian Web3 Council to advocate for comprehensive crypto strategy “ A group of financial technology firms has formed the Canadian Web3 Council, a non-profit trade association that will work with policymakers to advance Canada’s position at the forefront of the global digital economy. Bringing together exchange platforms, blockchain projects and tech investors,…
” Core Scientific strikes digital gold: Revenue up 800%, gross profit up 2500% “ U.S. Bitcoin mining firm Core Scientific has posted bullish 2021 fiscal year results compared to the year prior, with its revenue increasing by 803% to $544.5 million and gross profit growing 2,443% to $238.9 million. The major BTC miner highlighted growth…
” Binance launches Binance Bridge 2.0 to integrate CeFi and DeFi “ On Tuesday, centralized cryptocurrency exchange Binance announced the rollout of Binance Bridge 2.0. The feature enables users to bridge assets from any blockchain, including tokens not listed on the Binance app, to the BNB Chain. Bridged tokens listed on Binance will be stored…
” CFTC looks at expanded authority to regulate crypto, for less than a 10% budget increase “ The U.S. Commodity Futures Trading Commission, or CFTC, has released its Fiscal Year 2023 (FY2023) budget request, seeking $365 million. This marks a 9.9% increase over the previous year and 20% over FY2021. The commission regulates the country’s…
” MicroStrategy subsidiary will purchase Bitcoin after closing $205M crypto-collateralized loan “ MacroStrategy, a subsidiary of business intelligence firm MicroStrategy, said it will purchase Bitcoin after obtaining a multimillion dollar loan from Silvergate Bank. In a Tuesday announcement, MicroStrategy said Silvergate issued a $205 million loan “secured by certain Bitcoin held in MacroStrategy’s collateral account.”…
” Crypto donation startup launches IRS form as US tax season loom “ Engiven, an enterprise cryptocurrency donation platform, is working to simplify tax reporting for cryptocurrency donors and nonprofits by launching a tax form and appraisal service for crypto donations. The Engiven platform now allows nonprofits and donors to automatically generate the Internal Revenue…
” NFT adoption: Tokens take the runway at Metaverse Fashion Week “ The Metaverse may be an emerging concept, but the impact that virtual game-like worlds can have on the trillion-dollar retail industry was recently demonstrated during Metaverse Fashion Week (MVFW). This entirely virtual experience was held from March 24–27, 2022, in Decentraland, a decentralized…
” The Bitcoin shitcoin machine: Mining BTC with biogas “ Next time someone tries to poo-poo the renewable credentials of Bitcoin (BTC) mining, remember AmityAge Mining Farm. Founded by Gabriel Kozak and Dušan Matuska, the Bitcoin mining facility uses human and animal waste to generate electricity for mining. Matuska, the man “who met Satoshi Nakomoto”,…
” ETF provider WisdomTree launches Solana, Cardano, Polkadot ETPs “ The American exchange-traded fund (ETF) provider WisdomTree continues expanding its cryptocurrency products in Europe by launching three new crypto exchange-traded products (ETP) backed by Solana (SOL), Cardano (ADA) and Polkadot (DOT). WisdomTree announced Tuesday the launch of three new physically-backed crypto ETPs, including WisdomTree Solana…