China-based SOS announces activation of 6,039 mining rigs for ETH, BTC
Qingdao-headquartered tech company SOS Ltd. has announced the launch of more than 6,000 ETH and BCT mining rigs, claiming 90% renewable energy sources.
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China’s new crypto ban shouldn’t stoke fear, says Conflux network co-founder
Fan Long, a co-founder of Chinese public blockchain network Conflux, says China’s latest broadside against the use of cryptocurrencies in the financial sector should not be interpreted as a sign that Beijing is intent on shutting down digital currencies.
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Deutsche, STACS wrap up Singapore DLT test project for tokenized securities
Deutsche Bank Securities Services in Singapore and Singapore fintech firm Hashstacs, or STACS, today announced the completion of a tokenized securities proof-of-commercialization test named Project Benja.
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What is Polkadot and why is it one of the hottest blockchains right now?
The final phase of Polkadot’s rollout — with parachains — just kicked off. Here’s what you need to know about Polkadot and parachains, and why it matters.
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UAE study shows growing appetite for cryptocurrencies
The appetite in the United Arab Emirates for cryptocurrency investment is growing, with younger Emiratis more bullish about digital assets than their Western counterparts, according to a study by financial services firm Holborn Assets.
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New coin launch seeks to curb Elon Musk’s influence over crypto markets
A group of cryptocurrency developers has launched a new coin named $STOPELON, aiming to limit Elon Musk’s influence over the cryptocurrency market.
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Ripple seeks to protect legal advice on XRP from disclosure to SEC
Ripple rebuts SEC’s attempt to obtain Ripple’s confidential communications with lawyers over XRP’s legal status and seeks to bolster ‘fair notice’ defense.
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Led by Cardano ADA, green cryptos rise as Bitcoin, wider market sinks
ADA price holds strong as investors shift to greener cryptocurrencies and Cardano smart contracts get set to launch blockchain into DeFi and NFTs.
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Fund managers urge caution amid crypto price swings
Fund managers have reacted swiftly to the latest price volatility in the cryptocurrency market triggered by recent Elon Musk tweets that have raised doubts over Tesla’s future relationship with Bitcoin, the Financial Times reports. Fast Facts: T Rowe Price President and Head of Investments Rob Sharps recognized the impact of cryptocurrencies across capital markets, but…
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New York artist takes work to new heights in partnering with crypto payment service
New York-based artist Brian Donnelly, also known as KAWS, is launching his latest project in Britain, “KAWS:HOLIDAY UNITED KINGDOM,” featuring a 42-meter tall hot-air balloon that people can pay cryptocurrency to take rides in. Fast facts Crypto and fiat payment processor FTX Pay has partnered with Hong Kong production company AllRightsReserved to be the official…