Thu, January 16

Twitter Vs Elon Musk: Whistleblower To Testify in Court

Peiter Zatko, Twitter’s former top security officer, will testify in upcoming hearing. Twitter CEO Parag Agrawal has also been invited to testify by senators. The world’s wealthiest man, Elon Musk, has backed out of a $44 billion bid to acquire Twitter, citing a whistleblower as the reason. However, in an

September 13, 2022 2 mins read

Cryptocurrency Prices Fumble as CPI Figure Not Favorable

For the cryptocurrency market, poor CPI data is bad news. Bitcoin is now trading at $20,825, down from above $22k. Recently, the CPI was revealed. The Consumer Price Index shows a YoY rise of 8.3% and an MoM change of 0.1%. The cryptocurrency market expected much higher volumes. It was

September 13, 2022 2 mins read

MetaMask Integration Announced by Opera Crypto Browser

The upgrade is being released in anticipation of Ethereum’s planned switch. Opera’s standalone Crypto Browser debuted in January of this year. The Opera Crypto Browser is a Web3 browser that was designed to be compatible with many different kinds of decentralized applications (dApps). It currently works with third-party wallets like

September 13, 2022 2 mins read

Blockchain Firm Amber Group Announces Employee Layoff

The business examines and modifies worldwide personnel every quarter. The corporation said that it intended to utilize the raised funds for future growth. Amber Group, a blockchain firm, plans to let off between 5 and 10 percent of its employees this year. From about 200 to 300 before the 2021

September 13, 2022 1 min read

Fidelity Plans To Offer Bitcoin Trading to 34 Million Clients

According to the WSJ, Fidelity is thinking about allowing its customers to trade cryptocurrencies like Bitcoin. Though the cryptocurrency market has had a hard year, this announcement comes as interest from Wall Street persists. Fidelity, a financial services firm, stated earlier this year that it will start accepting bitcoin as

September 13, 2022 2 mins read

Russian Giant Rostec Plans International Commerce Via Crypto

The major aim will be to reduce the harmful impact of sanctions. Proposals to legitimize the use of digital financial assets in negotiations. Rostec, Russia’s biggest industrial and technological corporation, is getting ready to launch a project to include cryptocurrencies in international commerce. The major aim will be to reduce

September 12, 2022 1 min read

Singapore’s Whampoa Group Unveils $100M Crypto Venture Fund

Whampoa Group, Singaporean asset management, is planning to launch both a venture capital fund and a crypto hedge fund dedicated to digital asset investments. The corporation plans to invest $100 million based on preliminary estimates. The organization wants to raise $50 million for the cryptocurrency hedge fund and has allocated

September 12, 2022 2 mins read

Recent White House Report Scrutinizes Crypto Mining Concerns

It revealed conflicting results about the link between crypto and the environment. The department advised that the administration might outlaw proof of work. Distributed ledger technology (DLT) and global warming have been the subject of a new report from the White House’s Office of Science and Technology Policy (OSTP). The

September 11, 2022 2 mins read

Economic Secretary Wants the UK To Become a Crypto Hub

Fuller replaced John Glen as Economic Secretary to the Treasury in July. Fuller participated in the first crypto discussion in Westminster this week. Economic Secretary to the Treasury Richard Fuller has said that the United Kingdom intends to “become the country of choice for those looking to create, innovate and

September 11, 2022 2 mins read

Mining Firm CleanSpark Acquires Mining Facility in Georgia

The current capacity of the Georgia facility is for 24,108 miners. The mining firm also acquired 1,800 Antminer S19 XP machines in June. CleanSpark, a cryptocurrency mining company, stated on Friday that they have reached a deal to purchase the Bitcoin mining facility operated by Mawson in Sandersville, Georgia for

September 11, 2022 1 min read
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