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Bitcoin Company IBEX Raises $4 Million

IBEX Mercado closed a $4 million seed round investment. The seed round places a $20 million valuation on IBEX as they seek to expand in the Americas and Europe. The investor class includes Stillmark, LUM Ventures, Fulgur Ventures and others who share IBEX values in assisting “previously-neglected people” gain access to unprecedented economic opportunity. IBEX Mercado, an infrastructure company that…

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Why Grammy Award-Winning Producer Illmind Wants to ‘Obliterate’ the Music Industry With NFTs
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Why Grammy Award-Winning Producer Illmind Wants to ‘Obliterate’ the Music Industry With NFTs

The music industry just got a little more connected thanks to Grammy Award-winning producer Ramon “Illmind” Ibanga Jr., who launched his own NFT collection called “Squad of Knights,” which is focused on mentoring and connecting upcoming musicians.  Illmind has produced music for some of the rap and hip-hop world’s biggest names, like Ye, Drake, Beyonce, 50 Cent, and Kendrick Lamar.…

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BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE
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BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

Bitcoin (BTC) has been stuck between $45,400 and $47,500 for the past two days, indicating a tough tussle between the buyers and sellers as both attempt to establish control over the trend. Data from on-chain analytics firm Glassnode showed that 100,000 Bitcoin left exchanges in March. These large quantities of withdrawals have only happened twice in the history of Bitcoin…

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Why Grammy Award-Winning Producer Illmind Wants to ‘Obliterate’ the Music Industry With NFTs
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Why Grammy Award-Winning Producer Illmind Wants to ‘Obliterate’ the Music Industry With NFTs

The music industry just got a little more connected thanks to Grammy Award-winning producer Ramon “Illmind” Ibanga Jr., who launched his own NFT collection called “Squad of Knights,” which is focused on mentoring and connecting upcoming musicians.  Illmind has produced music for some of the rap and hip-hop world’s biggest names, like Ye, Drake, Beyonce, 50 Cent, and Kendrick Lamar.…

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Chopsolidation - Kraken Blog
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Chopsolidation – Kraken Blog

Over the past couple of months, cryptoasset prices have grown more stable, consolidating into a narrower price band. As volatility fell, analysis suggested an explosive move was imminent in the medium term. In late March, cryptoassets finally broke through the upper level of this price band, although macroeconomic uncertainty regarding the Ukraine-Russia war in Eastern Europe still troubles the market.…

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Intel launches new Bitcoin mining chip Blockscale
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Intel launches new Bitcoin mining chip Blockscale

On Monday, semiconductor manufacturing titan Intel unveiled its new Bitcoin (BTC) mining chip, Blockscale. The application-specific integrated circuit, or ASIC, hardware is designed to operate on proof-of-work blockchains using SHA-256 encryption. As told by Intel, Blockscale will have a hash rate of up to 580 gigahash per second (or 0.58 terahash per second, TH/s), consuming between 4.8 to 22.7 watts…

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Northern Data's Bitcoin Mining Fleet Adds 21,000 ASIC Mining Rigs, Firm Holds $168M in Crypto Assets
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Northern Data’s Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets – Mining Bitcoin News

On April 4, the bitcoin mining operation Northern Data published its financial statements and noted that the company’s mining fleet had grown by approximately 21,000 machines by the end of March 2022. The newly added machines increased the company’s hashrate from 2 exahash per second in February to 3.95 EH/s by the end of March. Northern Data Adds Thousands of…

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Bitcoin Songsheet Altcoin Delusions - Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides
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Bitcoin Songsheet Altcoin Delusions – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

“Can you review our white paper?” I was at my first altcoin conference, in Los Angeles. It felt strangely appropriate because whitepapers in “crypto” are the equivalent of movie scripts in Hollywood. Everybody has a crappy one that they’re desperate to get people to read. “You do realize I think these things are scams, and I’m not going to spare…

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