On Tuesday, Fort Worth mayor Mattie Parker and Fort Worth revealed that the city is now the first U.S. city government in the country to mine bitcoin. According to the announcement, the city of Fort Worth has partnered with the Texas Blockchain Council to embark on the crypto mining endeavor. The City of Fort Worth Begins to Mine Bitcoins 24/7…
The cryptocurrency market and wider global financial markets fell under pressure on April 26 after the hype surrounding Elon Musk’s purchase of Twitter began to fade and concerns about the state of the global economy took the forefront again. Tech-related stocks were some of the hardest-hit assets on April 26 and this pullback was followed by sharp declines in crypto prices…
Avalanche has recently emerged as one of the top smart contract blockchains thanks to a vibrant developer community and a sophisticated architecture that offers both speed and security. Now the team behind Avalanche is targeting a new challenge: making a blockchain wallet that is easy to use for non crypto-savvy people. “There’s a lot of crypto native people who are…
Fidelity Investments is launching a 401(k) product offering that allows individuals to include bitcoin in their retirement plan. Bitcoin will be held in the Fidelity Digital Assets custody platform as a security measure. MicroStrategy will be the first publicly traded company to offer the new product. Fidelity Investments is providing MicroStrategy employees access to bitcoin through a new 401(k) offering,…
As crypto markets moved into the green on Tuesday, GRT was one of the biggest gainers, as prices rebounded following recent declines. ZEC was also higher on the day, climbing by as much as 5%, while DOGE extended Monday’s gains. The Graph (GRT) GRT was easily one of the biggest gainers in crypto markets on Tuesday, as it continued to…
Global crypto exchange Bitstamp released its Crypto Pulse survey on Tuesday, concluding that both institutional and retail investors believe crypto will overtake traditional investment vehicles within a decade. Specifically, 80% of the institutional respondents and 54% of the retail investors answered the question in the affirmative. The survey also polled opinions on whether crypto will see mainstream adoption within the next 10…
0x Labs, the company behind 0x, an open-source decentralized exchange (DEX) protocol, revealed this morning that it’s raised $70 million in a Series B funding round. The news comes on the heels of last week’s announcement that America’s largest crypto exchange, Coinbase, had chosen 0x to power its just-debuted social NFT marketplace. Coinbase participated in 0x’s Series B, which was…
Fort Worth, Texas has become the first city government in the U.S. to mine bitcoin. The city has accepted a donation of three S9 miners from the Texas Blockchain Council, in partnership with Luxor Technologies and Rhodium Enterprises.Fort Worth will run a trial period of six-months as they learn the industry in hopes to become a leading hub for mining.…
On Tuesday, the bitcoin mining and energy technology firm Cleanspark announced that it has secured $35 million in non-dilutive financing from Trinity Capital. According to the company, Cleanspark aims to leverage the funds for growth capital expenditures. Cleanspark to Bolster Growth Expenditures With $35 Million in Financing From Trinity Capital Cleanspark has revealed it has finalized a $35 million finance…
ApeCoin (APE) underwent a modest selloff a day after the Bored Ape Yacht Club (BAYC), a popular nonfungible token (NFT) brand, reported losing $2.4 million worth of digital collectibles in a robbery. APE price rally to $25 stalls The hacker compromised BAYC’s official Instagram account, using it to post a phishing link that withdrew tokens out of users’ cryptocurrency wallets. On…
