• US Inflation Expectations Highest Since 2013, Gas Prices Skyrocket, Supply Chains Buckle

    Americans are still concerned about dealing with inflation, as the cost of goods and services has continued to rise significantly in a short period of time. The Federal Reserve has published the latest Survey of Consumer Expectations report and U.S. households believe inflation will be up 5.3% one year from now. In addition to the […]

    13d ago
  • NASDAQ-Listed HIVE Blockchain to Expand Data Center in New Brunswick, Canada With 40 Megawatts Capacity

    HIVE Blockchain is set to expand its data center campus in New Brunswick, Canada with 40 megawatts capacity. It is the first publicly-traded cryptocurrency miner, listing in Toronto on the Venture Exchange back in 2017 and added to NASDAQ in 2021. It mines both Bitcoin and Ethereum using 100% green energy in facilities across Canada, […]

    13d ago
  • Millions of Wix Merchants Can Now Accept 12 Different Cryptocurrencies

    On Tuesday, the Atlanta-based cryptocurrency payments company Bitpay announced the Israeli software company Wix has enabled its Software as a service (SaaS) e-commerce product to accept crypto-asset payments. The integration will allow Wix merchants to accept 12 different cryptocurrencies such as bitcoin, dogecoin, bitcoin cash, ethereum, litecoin, and stablecoins as well. SaaS Platform Wix Implements […]

    13d ago
  • Nevada-Based Bitcoin Mining Operation Cleanspark Purchases 4,500 Bitcoin Miners From Bitmain

    Cleanspark, a Nevada-based energy technology and clean bitcoin mining firm, has announced the purchase of 4,500 Bitmain-brand Antminer S19 bitcoin mining rigs. The company says the mining devices were purchased by leveraging a portion of the company’s bitcoin holdings. Cleanspark Purchases 4,500 ASIC Mining Rigs From Chinese Manufacturer Bitmain The publicly-listed bitcoin mining firm Cleanspark […]

    13d ago
  • Total Value Locked in Defi Surpasses $200 Billion — Fantom, Avalanche, Harmony, Arbitrum TVLs Swell

    Decentralized finance (defi) has swelled quite a bit this year and on October 5, the total value locked (TVL) in defi protocols crossed the $200 billion mark. Since January 1, the defi TVL across various blockchains has risen almost 855% from $21.4 billion to today’s $204 billion. Total Value Locked in Defi Jumps Over the […]

    13d ago
  • Major Turkish Crypto Exchange Coinzo Shuts Down

    Coinzo, one of Turkey’s largest cryptocurrency exchanges, is terminating its digital asset trading services. The platform said its website will remain online in the next six months to allow users to withdraw their holdings in cryptocurrency and Turkish fiat money. Another of Turkey’s Crypto Exchanges Closes Amid Ankara’s ‘War’ on Cryptocurrency Leading Turkish crypto exchange […]

    13d ago
  • iExec Launches Oracle Factory Allowing Anyone To Create Custom Oracles in Minutes

    PRESS RELEASE. Using the iExec Oracle Factory, developers are able to create their own decentralized oracles with just the API’s URL and key. October 12th, Lyon, France, 2021 – iExec, a decentralized marketplace for computing assets, has announced the launch of the iExec Oracle Factory, a developer interface allowing anyone to create their own oracles, […]

    13d ago
  • South Africa Police Issue Arrest Warrant for Fraud-Accused Crypto Trader

    Reports from South Africa say the country’s police have now issued a warrant for the arrest of Sandile Shezi, a 29-year-old cryptocurrency trader. The warrant was issued after one Allan Ledwaba, an investor with Shezi’s Global Forex Institute, accused the cryptocurrency trader of swindling him out of more than $33,000 (R500,000). Using Supercars to Woo […]

    13d ago
  • Nigerian Vice President Says Current Naira Exchange Rate ‘Artificially Low’

    Nigerian Vice President Yemi Osinbajo recently warned that the country’s official naira exchange rate of N411 for every dollar is artificially low. This exchange rate, according to Osinbajo, discourages foreign exchange entrance into the country. Naira Exchange Rate Must Reflect Realities of Market Consequently, Vice President Osinbajo says he wants the Central Bank of Nigeria […]

    13d ago
  • Bitfarms Starts Construction of Mega Bitcoin Mining Farm in Argentina

    Bitfarms, a bitcoin mining company, announced last week that construction is underway for a mega bitcoin mining farm in Argentina. The facility, which is designed to accommodate 55,000 miners, will be finished by next year. This is yet another signal that mining companies are looking for new areas with favorable conditions and cheap energy to […]

    13d ago