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“# Michael Saylor says Bitcoin Mining Council required to combat ‘hostile’ narrative ” MicroStrategy CEO, Michael Saylor has explained the details and thinking behind the formation of the Bitcoin Mining Council. The council was formed on May 25 after Saylor brokered a successful meeting between Elon Musk and several top North American Bitcoin mining firms….
“# Voyager Digital sees 16X increase in quarterly revenue, first operating profit ” Crypto asset trading firm Voyager Digital has announced financial results for the first quarter of 2021, and they are impressive. The retail crypto trading and yield platform reported another record quarter, with momentum continuing into the current quarter. Total revenue for the…
“# You can now buy gold-backed NFTs with the mining carbon footprint offset ” Digital asset wallet provider Lohko and London-based tech firm Mattereum have teamed up to launch nonfungible tokens, or NFTs, that are backed by gold and have carbon offsets attached. According to a May 26 announcement the tokens represent ownership over physical…
“# $223M fund for Internet Computer builders — but community is wary ” Zurich-based Dfinity Foundation has announced a fund worth CHF 200 million, or around $223 million, to support development on the Internet Computer — a blockchain-based decentralized network with wildly ambitious plans to one day “replace” much of the internet. The non-profit scientific…
“# Mark Cuban officially backs Polygon ” Billionaire investor Mark Cuban has thrown his weight behind Polygon, according to a new disclosure on one of his websites, offering further evidence that wealthy investors are tapping into the digital asset market despite the recent turmoil. The addition of Polygon to the Mark Cuban Companies website appears…
“# Lego and Disney veteran joins digital collectibles platform Terra Virtua ” Digital collectibles platform Terra Virtua has tapped branding veteran Pierre Dadd to lead its marketing division, offering yet another example of a high-profile executive transitioning to a blockchain company. Dadd has been hired for the position of marketing director, Terra Virtua announced Wednesday….
“# BlockFi mistakenly credits users with too much Bitcoin in promo payout ” Crypto promotional schemes are old hat in the industry, with many businesses trying to secure customer loyalty through a range of perks and mini handouts. For BlockFi, however, its latest promotional offer has gone topsy turvy, after the platform mistakenly paid out…
“# Nifty News: Earn NFTs watching TV, DAO pays $1M for Aoki and 3LAU track … and more ” Blockchain-based streaming service Sator has developed a decentralized app that will enable users to earn NFTs, tokens and “other rewards” by watching TV and playing games. While details are sparse on the exact amount of rewards…
“# Nervos and CMB International launch $50M blockchain, DeFi and NFT fund ” The Nervos Foundation has announced the launch of a fund in collaboration with CMB International, a wholly-owned subsidiary of China Merchants Bank. The $50 million fund named “InNervation” will be used to make early investments in startups that are building blockchain-based user-centric…
“# Ark Investment tips $20M into Grayscale Ethereum Trust ” Cathie Wood’s Ark Investment has reported holdings of 639,069 shares in Grayscale’s Ethereum Trust for Q1 — currently worth around $20.9 million at today’s prices. ARK Investment has bought 639,069 shares of the Grayscale Ethereum Trust. pic.twitter.com/ofXD5F7QpA — Documenting Ethereum (@DocumentEther) May 18, 2021 The…