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Canaan, a Leading Manufacturer of Bitcoin Mining Rigs, Secures $50 Million via Sale of Preferred Shares

Benito Cormi2 years ago2 min read

Canaan Secures $50 Million Through Sale of Preferred Shares Canaan, a publicly traded manufacturer of bitcoin mining rigs, has revealed in a filing with the U.S.…

Proposal to Disconnect Cryptocurrency Mining in Russia Under Consideration

Benito Cormi2 years ago2 min read

Russia Considers Power Disconnects for Crypto Miners Russia is considering a reform that would disconnect cryptocurrency miners from the power grid based on energy availability. This…

Unconstitutional: Canadian Court Unfreezes Crypto Contributions Amid ‘Freedom Convoy’ Protests

Benito Cormi2 years ago3 min read

Trudeau Government’s Emergency Powers Challenged: Court Rules Crypto Freeze Unlawful The Federal Court of Canada has declared the Trudeau government’s decision to freeze funds and cryptocurrencies…

Grayscale’s GBTC Sells $527M in Bitcoin amid Decreased Trading Volumes for Spot ETFs; Other Funds Still Accumulate BTC

Benito Cormi2 years ago2 min read

Spot Bitcoin ETFs Experience Lowest Volume Since Jan. 11 According to the latest data, spot bitcoin exchange-traded funds (ETFs) had their lowest trading volume day since…

Identifying Bias in AI Model Data: Blockchain’s Potential “Killer Use Case” – Expert Insights from WEF Panelists

Benito Cormi2 years ago2 min read

Blockchain Can Combat AI Bias, Say Experts Top executives at the World Economic Forum have highlighted the potential of using blockchain technology to address bias and…

Leading Wallets and Payment Solutions Call on FinCEN to Reconsider Proposed Regulations Associated with Cryptocurrency Mixing

Benito Cormi2 years ago2 min read

Cryptocurrency Companies Call for Withdrawal of FinCEN’s Mixing Transaction Rules A letter has been sent to the Financial Crimes Enforcement Network (FinCEN) by a group of…

Revolutionizing Defi Profit Distribution: Uma’s Cutting-Edge Innovation Ensures Equity

Benito Cormi2 years ago3 min read

Oval Launches to Revolutionize Oracle Data Usage in DeFi Protocols UMA, an Ethereum-based oracle protocol, has announced the launch of its latest product, Oval. This innovative…

Polymer Labs Raises $23M Funding for Development of Ethereum’s Cross-Chain Integration Center

Benito Cormi2 years ago2 min read

Polymer Labs Raises $23 Million in Series A Funding Round Polymer Labs, a modular Inter-Blockchain Communication (IBC)-based networking layer two (L2), has recently completed a Series…

Majority of Crypto Asset Communications Found in Violation by FINRA

Benito Cormi2 years ago3 min read

FINRA Report Uncovers Disinformation in Marketing of Crypto Assets A report released by the Financial Industry Regulatory Authority (FINRA) on Jan. 23 reveals that around 70%…

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