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Marathon Digital to Raise $500M in Convertible Notes to Purchase Bitcoin and Bitcoin Miners

Today Marathon Digital Holdings, one of the largest publicly-traded Bitcoin miners in North America, announced a proposed convertible senior notes offering. The firm plans to offer $500,000,000 aggregate principal of convertible senior notes due in 2026. Marathon intends to use the net proceeds from the offering to acquire more Bitcoin and Bitcoin mining equipment, taking a play out of Michael…

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Cameroon to Hold Workshop Examining Challenges and Risks of Using Cryptocurrencies – Emerging Markets Bitcoin News

The government in Cameroon, which is reportedly keen on regulating cryptocurrencies, is set to hold a workshop that will look at the challenges and risks of using such digital currencies in the country. Proliferation of Scams According to a report by Business in Cameroon, the workshop, which is set to be held on November 15 in Yaounde, is being organized…

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UK Politician Calls For Public Transport Crypto Ad Ban Following Floki Inu Campaign

Sian Berry, a Green Party London Assembly member, has called for a ban on cryptocurrency ads following a three-week-long Floki Inu campaign on the London Underground.  For Berry, the ban should be put in place because cryptocurrencies are unregulated in the UK.  “Where the advert says ‘this is completely unregulated, you may lose all your money,’ they ought to have…

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DeFi Project ParaSwap Launches Airdrop of Native Cryptocurrency to Early Adopters

It pays to be early in crypto. And today is no different. As part of its first-ever token launch, decentralized finance (DeFi) project ParaSwap announced today that it is handing out 150 million of its native PSP tokens to early users.  ParaSwap is a platform that collects different cryptocurrency trading rates from across the DeFi space. One trade may be…

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Zanzibar Government Keen to Get Stakeholders’ View on Cryptocurrencies – Emerging Markets Bitcoin News

Zanzibar is keen on getting stakeholders’ views on the viability of adopting digital currencies before a final decision is made, a government minister has said. The Importance of Getting the Views of Stakeholders In his remarks during an interview with The Citizen, Mudrick Soraga, who is the Minister of State, revealed his government is planning to meet stakeholders in the…

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‘Musk effect’ sees crypto named after SpaceX’s Starlink satellites gain over 140% in three days

In a bizarre event, a cryptocurrency with the same name as SpaceX’s satellite range “Starlink” jumped over 140% as Elon Musk’s space technology company launched 53 of them into the Earth’s lower orbit. Watch Falcon 9 launch 53 Starlink satellites to orbit → https://t.co/bJFjLCzWdK https://t.co/dgHuF6SIZ4 — SpaceX (@SpaceX) November 13, 2021 Written as StarLink (STARL), the little-known crypto rallied 13.70%…

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Citizens in Argentina Might Have to Pay Crypto Taxes Depending on Location – Bitcoin News

A new crypto tax paradigm is brewing in Argentina, where two provinces have now approved crypto tax laws. This means that Argentinian citizens must disclose their cryptocurrency holdings and pay taxes according to the trades they do in the provinces of Tucuman and Cordoba. This is because cryptocurrencies have been grouped with all other international currencies, and are therefore subject…

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Circle to invest in Japanese yen stablecoin as part of expansion to Asia

Circle, the United States-based issuer of USD Coin (USDC), has set its sights on thriving Asian crypto markets.  In a move to strengthen its presence in Asia, Circle picked Singapore to establish a regional headquarters. The company is also setting up an investment arm called Circle Ventures, according to Circle CEO Jeremy Allaire’s interview with Bloomberg. The venture arm’s first…

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Daily Earnings of Typical Axie Infinity Player ‘Fall Below the Philippines’ Minimum Wage Line:’ Report – Featured Bitcoin News

This year, the Sky Mavis-crafted blockchain game Axie Infinity has seen incredible growth and has recently surpassed $3 billion in all-time sales. However, researchers at Naavik explain in a recent study that Axie Infinity players called ‘scholars’ are seeing daily earnings drop, and many have seen earnings dip below the minimum wage line of countries like the Philippines. Naavik Researchers…

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Integritee Co-Founder Alain Brenzikofer Explains How to Attract Enterprises to Use a Public Blockchain – Interview Bitcoin News

In development since 2018, Integritee AG’s solution enables sensitive business or personal data to be securely handled in an interoperable blockchain ecosystem. Using a hybrid of blockchain technology and hardware-enabled trusted execution environments, it enables businesses to securely process sensitive data, aiding compliance with privacy laws like GDPR. Alain Brenzikofer is the CTO and Co-founder of Integritee Network. He recently…

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