Search Results for: Cryptocurrency

GRC Introduces HashRaQ® MAX to Enhance the Performance, Profitability, and Sustainability of Crypto Mining Operations

The HashRaQ® MAX is a powerful, reliable, and efficient cooling system for crypto mining operations, minimizing CapEx, OpEx, and carbon footprint while maximizing density, uptime, and profitability. AUSTIN, Texas–(BUSINESS WIRE)–GRC (Green Revolution Cooling), the global leader in single-phase immersion cooling for data centers, today announced its newest offering for blockchain

June 1, 2023 3 mins read

Blockchain Analytic Firm Nansen Announces 30% Layoff

The Nansen Research team that analyses blockchain data is being reduced in size by 30%. In the last year, layoffs have affected almost every crypto company. As a result of this recent action, Nansen has joined the ranks of other businesses that have reduced headcount as a result of the

June 1, 2023 2 mins read

MaskEX Eyes Global Expansion With 300% Staff Growth by Q3

The next-generation cryptocurrency exchange MaskEX is on a recruiting rampage to support its ambitious aspirations for international development, notably in the MENA, CIS, and SEA areas. Before the end of Q3, the business plans to increase its worldwide workforce by an outstanding 300%, going from its present headcount of 100

June 1, 2023 2 mins read

Bitvo Slashes Withdrawal Fees by 50% in Summer Promotion

CALGARY, Alberta–(BUSINESS WIRE)–Bitvo Inc. (“Bitvo”) is excited to announce that it is offering 50% off its regular withdrawal fee to new and existing customers starting today, June 1st, through August 31st, 2023. We’re excited to offer this to our customers at time when many cryptocurrency exchanges and trading platforms

June 1, 2023 2 mins read

UAE Central Bank Issues New AML Guidelines for Crypto Sector

The UAE Central Bank has updated its regulations for financial institutions. To follow in order to prevent money laundering and the funding of terrorism in connection with digital currencies and NFTs. New anti-money laundering and counter-terrorism funding criteria for financial institutions are being adopted. This is being done by central

June 1, 2023 1 min read

TRON Hits New High in Transaction Due to Massive Surge in TRX Transfers

The prominent blockchain TRON continues to surpass the crypto market and show impressive growth in the middle of challenging market conditions. The network processed 10,935,762 transactions, setting a new record for daily transactions. Today, TRON founder Justin Sun tweeted on his official account that the blockchain hit a new high

June 1, 2023 1 min read

BNB Surges 5.44% as Binance Shows Signs of Recovery Amid Legal Battles

Crypto Exchange Binance’s CEO CZ Denies Rumors of Layoff

Binance CEO Changpeng Zhao (CZ) addressed rumors of layoffs at the cryptocurrency exchange. In response to the speculation about layoffs, CZ labelled it as “4” and said, “another day, another FUD.” According to independent crypto reporter Colin Wu, next month will see 20% of staff cuts at the world’s largest

June 1, 2023 2 mins read

Innovative blockchain patent extends RKVST leadership in data provenance and integrity

New patent addresses challenges created by ever-growing blockchain storage requirements SANTA CLARA, Calif. & CAMBRIDGE, England–(BUSINESS WIRE)–RKVST® has been granted a U.S. patent that enables practical scale for blockchains, putting an end to the limitless storage requirements that come with ever-growing transaction data, improving scalability, performance, availability and cost. Blockchain

June 1, 2023 3 mins read

Ripple Aims to Resolve SEC Lawsuit by June, Shaping Crypto Regulations

Blockchain-based payment protocol Ripple has recently announced its intentions to seek a resolution for the ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC) by June. This legal battle between Ripple and the SEC has garnered significant attention within the cryptocurrency community, as its outcome could have far-reaching implications

June 1, 2023 2 mins read