The firm Foundry Digital announced on Wednesday that the business has launched a bitcoin mining rig marketplace called Foundryx. According to Foundry, the company has access to more than 40,000 mining machines that are ready for resale. In addition to the marketplace launch, the company’s mining operation, Foundry USA, has become the world’s largest bitcoin miner in terms of hashrate.…
Chief executives of large cryptocurrency firms appeared before Congress Wednesday to testify and answer questions about their products and services and the Bitcoin market in general as lawmakers struggle to bring the market within public policy and regulatory frameworks. “Several questions remain as to how traditional rules apply and whether regulators have sufficient authority to protect investors and consumers while…
Decentralized finance (DeFi) offers one of the most widely applicable use-cases for distributed ledger technology and today it is one of the main avenues for the wider adoption of blockchain technology. Last week, as the wider crypto market corrected and Bitcoin (BTC) dropped by 22%, DeFiChain (DFI) bucked the trend and rallied 76% to establish a new high at $5.70…
API3 (API3), Bluezelle (BLZ), Gods Unchained (GODS), Immutable X (IMX), Measurable Data Token (MDT) and Ribbon Finance (RBN) are launching on Coinbase Pro Starting Today, Wednesday December 8, transfer API3, BLZ, GODS, IMX, MDT and RBN into your Coinbase Pro account ahead of trading. Support for API3, BLZ, GODS, IMX, MDT and RBN will generally be available in Coinbase’s supported jurisdictions…
In brief The tone of Congress towards crypto was markedly changed from past years. Crypto executives received encouragement from both Democrats and Republicans with one exception. Top executives from Coinbase, Circle and four other cryptocurrency firms appeared before members of Congress on Wednesday—an event that in past years would have triggered indignation and scoldings. Instead the crypto execs were greeted…
Watch This Episode On YouTube Listen To This Episode: In this episode of Bitcoin Magazine’s “Fed Watch” podcast, Christian Keroles and I sat down for our first ever live stream as part of the new Bitcoin Magazine live show. Going forward, we will be recording live at approximately 2:00 p.m. Eastern Time every Tuesday. Come join us and as we…
DAOs have been called the new GoFundMe or Kickstarter. Well, what if Kickstarter is the new DAO? The crowdfunding platform is creating a new organization tasked with building a blockchain-based version of its platform. The new organization, which does not yet have a name, should begin developing the platform early next year. Kickstarter plans to switch over to the new…
press release PRESS RELEASE. Label Foundation has recently announced its readiness to deploy on the Binance Smart Chain, utilizing the cross-chain bridge that they have developed in cooperation with the Tokyo-based blockchain development company, Curvegrid. The deployment of the bridge pinpoints to the initiation of the Label’s integration into the Binance Smart Chain’s ecosystem. Label may be understood as a…
Crowdfunding platform Kickstarter will be launching a new company that will eventually see its website move to a blockchain-based system on Celo. In a Wednesday blog post, CEO Aziz Hasan and co-founder Perry Chen said Kickstarter would be developing an open source protocol that will live on the Celo blockchain. The two execs cited the blockchain’s efforts in minimizing its environmental impact…
IDEX (IDEX), Moss Carbon Credit (MCO2), Polkastarter (POLS), ShapeShift FOX Token (FOX), Spell Token (SPELL) and SuperFarm (SUPER) are launching on Coinbase Please note that Coinbase currently only supports the ERC-20 version of these assets. Starting today IDEX (IDEX), Moss Carbon Credit (MCO2), Polkastarter (POLS), ShapeShift FOX Token (FOX), Spell Token (SPELL) and SuperFarm (SUPER) are available on Coinbase.com and in the…
