Thursday, May 9, 2024
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Blockchain Bites: MicroStrategy’s BTC Buy, Bitmain’s Power Struggle, Paxful’s Goodbye

MicroStrategy has put even more of its treasury into bitcoin, Paxful is pulling out of Venezuela and the Bitmain power struggle appears to have found a short-term solution.  Top shelfBitcoin buyMicroStrategy, a business intelligence company, told the U.S. Securities and Exchange Commission on Monday it “may increase” its BTC holdings beyond the $250

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How the Bitcoin Blockchain Is Being Used to Safeguard Nuclear Power Stations

Nuclearis, a manufacturer of precision mechanical components for the nuclear industry, is using the Bitcoin blockchain to verify the manufacturing blueprints of parts that make up nuclear power reactors. Announced Tuesday, Nuclearis, which is headquartered in Buenos Aires, Argentina, and has offices in the U.S. and China, is using the Bitcoin-powered

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China Aims to Be the World’s Dominant Blockchain Power – With Help From Google, Amazon and Microsoft

China's blockchain infrastructure BSN is set to provide global access to its services next month.The network’s reliance on U.S. cloud service providers makes it vulnerable to geopolitical risks.Rising tension between the U.S. and China over the last several months could increase such risks.China's developments in other technology areas have already

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Power Struggle Inside Bitmain ‘Hard Forks’ Bitcoin Miner Production

The ongoing battle between the co-founders at Bitmain has now essentially hard forked the world’s largest bitcoin miner manufacturer into two different operations and supply chains for making its flagship AntMiner equipment. Wu Jihan, the co-founder who ousted his rival co-founder Micree Zhan Ketuan last year, registered a new entity on

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Toronto Options Exchange Picks BNC to Power Crypto Markets

Digital asset data firm Brave New Coin (BNC) has inked a multi-year deal with the Toronto Futures Options Swaps Exchange (tFOSE) to power its crypto options trading.BNC’s data will enable the new Canadian derivatives exchange and clearinghouse to offer cash-settled crypto derivatives to global clients.The partnership will see BNC “design,

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