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“# Stoush over Greenidge miner’s legal threats to activists over ‘false’ claims ” Greenidge Generation LLC, an upstate New York-based Bitcoin (BTC) mining firm has reportedly threatened legal action over repeated “demonstrably false” claims from local activists. Greenidge mines BTC at its gas-fired power plant near the Seneca Lake in Dresden, and the firm has…
“# Cathie Wood’s ARK snaps up $80M Robinhood shares after crypto led price dip ” ARK Invest, the investment management firm focused on innovative tech led by Cathie Wood, took advantage of a dip in the price on Wednesday to buy nearly $80 million worth of Robinhood stock. As per daily trading data, Wood’s ARK…
“# MicroStrategy added 9,000 BTC last quarter, its stash is now worth $7 billion ” MicroStrategy added almost 9,000 Bitcoin to its holdings in Q3, bringing its total BTC stash to a valuation of around $7 billion. The company highlighted the purchase of 8,957 BTC in its Q3 report on Oct. 28, with the firm’s…
“# Central Bank of Sri Lanka completes proof-of-concept KYC platform ” A report presented to Sri Lankan central bank governor Ajith Nivard Cabraal on Monday detailed the results of a now-completed Know-Your-Customer, or KYC, proof-of-concept project. The project Sri Lanka’s central bank, also known as the CBSL, included 3 collaborators who developed the Blockchain-based KYC platform concept….
“# Decentralized design platform Moralis raises $13.4M in seed funding from EQT Ventures ” Moralis, a platform that powers decentralized applications, or DApps, announced Thursday that it has received a $13.4-million investment from EQT ventures. The company said that it expects to use this seed capital for product development and corporate expansion. Moralis seeks to provide…
“# More than 40 digital currency ETFs await US regulatory approval ” Fund managers appear to be scrambling to match demand from investors as major cryptocurrencies such as Bitcoin (BTC), and Ethereum (ETH) teeter around record price levels. According to a Bloomberg Terminal screenshot taken by Bloomberg Intelligence analyst James Seyffart, over 40 cryptocurrency exchange-traded…
“# Blockchain platform Alchemy raises 250M in Series C led by Andreessen Horowitz ” San Francisco-based blockchain web services company Alchemy announced a $250 million Series C fundraising round led by Andreessen Horowitz on Thursday, bringing its current valuation to $3.5 billion. This announcement comes hot on the heels of a late April $80 million…
“# Mastercard is preparing its infrastructure for the deployment of CBDCs ” During an earnings call with investors and stakeholders, Michael Miebach, CEO of Mastercard, discussed his positive outlook on the cryptocurrency industry. The company has not only seen sizable volume growth in consumers using their Mastercards to purchase crypto but has also secured several…
“# LinkedIn reports crypto and blockchain job listings have surged 615% since August 2020 ” Online employment-oriented platform LinkedIn has reported demand for employees with experience in crypto or blockchain is on the rise across many companies. According to a Wednesday report from LinkedIn editor Devin Banerjee, data from the platform’s Economic Graph team shows…
“# BREAKING: Facebook rebrands to Meta as focus expands beyond social media ” Facebook Inc. announced Thursday that it has changed its company name to Meta — marking the first major rebrand for the social media giant. The name change, which reflects the company’s growing ambitions beyond social media, was unveiled by CEO Mark Zuckerberg…