Miami-Dade County will soon start to remove FTX’s advertising brand from the NBA’s Miami Heat arena, after granting the right from a United States bankruptcy judge in Delaware on Jan. 11, the Associated Press reports. County officials negotiated in 2021 a $135 million deal with the crypto exchange for renaming rights to the Miami Heat’s arena as FTX Arena until…
Ava Labs, developer of the Avalanche network (AVAX), has partnered with Amazon Web Services (AWS) to implement new features intended to make running a node easier, according to a January 11 blog post from Ava Labs. The new features include one-click node deployment through the AWS Marketplace, AWS GovCloud integration for Dapp developers concerned about compliance, and the ability to…
Ava Labs, the team behind the layer one (L1) smart contract platform network Avalanche, has partnered with Amazon Web Services (AWS), according to an announcement made on Jan. 11, 2023. Founder and CEO of Ava Labs, Emin Gün Sirer, said the collaboration was a “big deal” and, in comparison with other blockchain announcements that involved AWS, he insisted that this…
A class-action suit was filed against Silvergate Capital, operator of the Silvergate Exchange Network and parent company of Silvergate Bank, in United States District Court of Southern California on Jan. 10. The suit was filed on the behalf of all purchasers of Silvergate securities between November 9, 2021, and January 5, 2023, and claims violations of the Securities Exchange Act…
Bitcoin and altcoins are extending their rally and traders are hopeful that the gains will push higher after this week’s consumer price index data is released. Source: https://cointelegraph.com/news/price-analysis-1-11-btc-eth-bnb-xrp-ada-doge-matic-dot-ltc-uni
Avalanche developer Ava Labs will be offering crypto infrastructure through Amazon Web Services (AWS) with the aim of facilitating “enterprise, institutional, and government adoption of blockchain,” Ava Labs announced Wednesday. Avalanche is a blockchain optimized to support NFTs, Web3 games, and a unique technology it calls “Subnets,” which act like custom blockchains built on Avalanche but can have custom rulesets…
Northern Data AG, a German company that specializes in Bitcoin mining and cloud computing, released its December 2022 results for its mining division. According to Northern Data AG, in the fiscal year 2022, it mined a total of 2,798 BTC, a significant increase of 315% compared to the previous year. This led to BTC mining revenues of EUR 77.7 million…
Web3 entertainment startup Gala Games is facing scrutiny this week after tweeting about upcoming film projects with actors Dwayne “The Rock” Johnson and Mark Wahlberg, which coincided with a massive surge in value for its GALA token. But now the tweet has been deleted, and the token is shedding some of this week’s earlier gains. GALA is down nearly 14%…
The cryptocurrency community is discussing the new “Game of Thrones” non-fungible token (NFT) assets that were launched on the NFT marketplace niftys.com. The “Build Your Realm” collection sold out on Jan. 10, the day it was released. However, there have been complaints from fans, with some calling the NFTs “poorly drawn” and others criticizing the “salad fingers” featured in the…
The People’s Bank of China, or PBoC, has begun including the country’s central bank digital currency, the e-CNY, in reports measuring the amount of currency in circulation. According to a 2022 financial statistics report released on Jan. 10, the PBoC said there was 13.61 billion digital yuan — roughly $2 billion at the time of publication — in circulation as…
