Fri, January 31

Mining Firm Argo Blockchain Desperately Seeking Funds To Survive

In an effort to avoid bankruptcy, crypto mining company Argo Blockchain has been seeking to “engage in an equipment financing transaction” and negotiate the sale of its assets, according to a company blog post. In a press release dated December 12, Argo Blockchain stated it was in “advanced negotiations” to

December 13, 2022 1 min read

Bitcoin (BTC) To Reach $1M – Samson Mow

The stigma of aura surrounding the Bitcoin (BTC), never evades despite whatever be the market conditions. Though there are many cryptocurrencies, and fiats into action, the BTC has always possessed the supremacy, and so will always will.  Accordingly, the CEO of Jan3, Samson Mow puts forth that considering the current

December 12, 2022 2 mins read

Microsoft To Purchase 4% Stake in London Stock Exchange Group

Microsoft, a titan in the American software industry, has announced a 10-year strategic relationship with the London Stock Exchange Group (LSEG). The exchange will be able to use Microsoft’s cloud and data analytics services going forward, per the release. Today, Microsoft and the London Stock Exchange announced a 10-year strategic

December 12, 2022 2 mins read

Powerhouse ‘Entergy’ Offers Discounted Rate to Miners in Arkansas

In the face of mounting difficulties, one Arkansas energy company is offering a discounted rate to cryptocurrency miners. Even though the state of Texas already has among of the lowest energy rates in the United States, the Fortune 500 business Entergy, which specializes in delivering electric power to clients in

December 12, 2022 1 min read

Lack of Power Resources Mounts Pressure on Crypto Miners in Cuba

In Cuba, cryptocurrency has advanced to the point that its inhabitants may use it to purchase goods online from outside, recharge their mobile phones and the internet, and send and receive money from family and friends living outside of the country. However, challenges remain for cryptocurrency mining to achieve the

December 12, 2022 1 min read

Russian Crypto Ponzi Firm Finiko’ Key Member Arrested in UAE

A key figure in the organization of Russia’s greatest financial pyramid in recent years, Finiko, has been arrested in the United Arab Emirates. After the arrest of Zygmunt Zygmuntovich. The other co-founder of the Ponzi scam, last month, news of Edward Sabirov’s incarceration in an Arab nation comes as a

December 12, 2022 1 min read

Ark Invest’ Cathie Wood Backs Bitcoin Despite Recent Turmoil

Cathie Wood, CEO of Ark Invest, recently tweeted her admiration for Bitcoin’s resiliency, noting that the flagship cryptocurrency “didn’t skip a beat” amid a recent crisis. Additionally, she claims that Bitcoin’s transparency and decentralization are reasons why discredited FTX founder Sam Bankman-Fried disliked it. The well-known investor said, “He couldn’t

December 11, 2022 1 min read

EU Sets Cap on Cash Transactions Along With Crypto Payments

EU member states have issued new guidelines designed to restrict criminals’ access to cash and other decentralized payment systems like cryptocurrencies. On November 6th, the bloc agreed to allow cash transfers of up to €10,000 ($10,557). However, individual nations will have the option to lower the cap even more. When

December 11, 2022 1 min read

Paraguayan Crypto Law Put on Hold After Dwindling Support

After failing to get enough traction in the Deputy Chamber, the Paraguayan cryptocurrency bill that had been submitted to Congress in 2021 was eventually placed on hold. After President Mario Abdo blocked the proposal in September, proponents couldn’t muster the support they needed to overturn the veto. Paraguay’s senate has

December 10, 2022 2 mins read

Twitter CEO Elon Musk Issues Warning to Staff Over Leaking Data

According to reports, Elon Musk has taken a dramatic new step by threatening to sue Twitter workers who are engaged in leaking the company’s secret information. He sent a warning email to the Twitter team advising them not to give out too much information to the press. Moreover, Musk wants

December 10, 2022 1 min read
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