The cryptocurrency automated teller machine (ATM) company Bitstop has revealed its plans to showcase a non-fungible token (NFT) ATM at the Bitcoin 2022 Conference in Miami Beach this week. According to Bitstop’s co-founder Doug Carrillo, the NFT ATM can not only dispense NFTs but also provides an “in-person minting experience.” Bitstop to Reveal NFT ATM This Week, Machine Dispenses NFTs…
press release PRESS RELEASE. Known as a leader in cryptocurrency-mining hardware sales and logistics, Minerset has generated more than $300 million in distributing 120,000-plus crypto-mining devices to more than 200 investors worldwide. As a strong supporter and heavy investor in a cryptocurrency-mining ecosystem, Minerset is excited to announce that it has started constructing a mining facility in South Carolina that…
Greenpeace USA and the Environmental Working Group (EWG), with $5 million in backing from Ripple Labs co-founder Chris Larsen, recently launched the Change The Code Campaign. This lobbying effort — steeped in misinformation and outright falsehoods — sensationalizes the climate impact of Bitcoin and promotes irrational moral panic. The campaign is underpinned by a widely debunked study and publicly pressures…
Despite the global cryptocurrency market cap mainly consolidating on Tuesday, LUNA and CELO were some of the session’s biggest gainers. ZIL, on the other hand, continued to fall following recent highs, trading over 15% lower during today’s session. CELO ZIL fell for a fourth straight session on Tuesday, as prices continue to slip away from last week’s high of $0.2313.…
Hybrid computing platform Boba Network has joined the “crypto unicorn” rankings after raising $45 million in Series A funding, underscoring the investment appeal of Ethereum layer-2 scaling solutions. The funding round had participation from several crypto-focused venture funds including Infinite Capital, Hypersphere, 10X Capital, Hack VC, GBV, Sanctor Capital, Shima Capital, Kinetic Capital, IOST and ROK Capital. Contributions also came…
River Financial today launched River Mining, an investment-grade bitcoin mining product that manages all the aspects in the mining process, from hardware procurement to data center hosting, according to a press release sent to Bitcoin Magazine. “The Bitcoin mining industry has shifted from once being able to profitably mine Bitcoin from a laptop in your home to requiring industrial-scale mining…
The Singaporean government has approved legislation that will give the Monetary Authority of Singapore, or MAS, additional power to respond to crypto firms doing business outside the country. Records from the Parliament of Singapore show the government passed the Financial Services and Markets Bill on Tuesday following a second reading on April 4. According to the MAS, the legislation will…
On April 4, 2022, the Department of Justice (DOJ) and the U.S. Attorney’s Office of South Florida revealed that law enforcement seized $34 million in crypto assets from an unidentified man living in Florida. According to the DOJ, the man allegedly conducted more than 100,000 sales on darknet markets, selling online account information tied to people’s Netflix, HBO, and Uber…
Bitcoin-focused company Lightning Labs has raised $70 million in a Series B funding round led by Valor Equity Partners, with participation from Baillie Gifford, Robinhood CEO Vlad Tenev, Goldcrest Capital, and others. The funding will help enable stablecoin transactions on the Lightning Network using Lightning Labs’ new Taro protocol. The Lightning Network is a layer-two solution for Bitcoin transactions, enabling…
Lightning Labs has introduced a new protocol proposal for Bitcoin and the Lightning Network, Taro, which seeks to bring new use cases to the network. The company will publish a series of draft Bitcoin Improvement Proposals (BIPs) and ask for community feedback on the proposed design. Taro seeks to enable the issuance of assets and collectibles, which are the protocol’s…
