Cryptocurrency Analysis and News Portal
FTX, the cryptocurrency derivatives exchange juggernaut, plans to keep expanding into new jurisdictions through buying local crypto companies or exchanges, CEO Sam Bankman-Fried said Wednesday on CoinDesk TV.Asked about future acquisitions, the 28-year-old billionaire hinted he may be looking for another LedgerX, which was FTX’s August acquisition. LedgerX, a regulated
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Five years ago, there was a large quantity of digital currencies and blockchains, but there were very few trading platforms that dealt with decentralized exchange. Since the boom of decentralized finance (defi), there’s now a myriad of decentralized exchange (dex) platforms that allow people to swap funds in a private,
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This experimental pilot project was ambitious. Blockchain may be going more mainstream, but harnessing it for non-fintech applications is still nascent. We encountered challenges around costs, ease of use, data digitization and integration, engineering talent, literacy, reliable internet access, the lack of hardware needed to take a survey, and an
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Bitcoin mining company Greenidge Generation is eyeing expansion into two new sites in Texas and South Carolina.The Nasdaq-listed firm announced Thursday it is entering into an agreement regarding potentially constructing new data centers in Texas. It also agreed to acquire printing company LSC Communications’ facility in South Carolina. It had
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A new layer-2 ecosystem is on the rise and now it has $12 million to expand operations.Aurora, a project built on the NEAR blockchain allowing for Ethereum Virtual Machine (EVM) contracts to run on the chain, has completed an equity raise of $12 million at a $150 million valuation.The round
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sponsored HIVE Blockchain is set to expand its data center campus in New Brunswick, Canada with 40 megawatts capacity. It is the first publicly-traded cryptocurrency miner, listing in Toronto on the Venture Exchange back in 2017 and added to NASDAQ in 2021. It mines both Bitcoin and Ethereum using 100%
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“So for the credit delegation, imagine you have $100k principal deposited in Alchemix, making 10% annually,” wrote pseudonymous Alchemix core contributor Scoopy Trooples in an interview with CryptoX. “That would be $10k in income, or ~$850 a month. That $850 could be delegated to paying for subscription services, payments to
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Yield Guild Games (YGG), a decentralized gaming startup, said it invested $175,000 in Merit Circle to help “bring play-to-earn to the masses.”YGG said it will work with Merit Circle, also a decentralized autonomous organization (DAO) focused on gaming, to expand its play-to-earn scholarship model that is focused on developing countries.YGG
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Stader Labs, a cryptocurrency staking management platform, has today announced a $4 million financing round to accelerate development across multiple blockchains including Ethereum, Near and Polkadot, as well as broadening its marketing campaigns.The funding raise was conducted by Pantera Capital, with participation from a prominent number of venture capital funds,
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Information technology and software development company Globant (NYSE: GLOB) has acquired blockchain services provider Atix Labs for undisclosed financial terms. The purchase comes four months after Globant disclosed it had added bitcoin to its balance sheet. Source
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