Peter Wall, CEO of Argo Blockchain, a prominent crypto miner, has resigned. Alex Appleton, the business’s CFO, left the company a little over a week ago. As stated in an official release, Peter Wall will be leaving his position as CEO of Argo Blockchain after three years of service. He
It’s official: Twitter now supports longer messages of up to 4,000 characters. But they’re restricted to Twitter Blue users. Twitter has announced the new functionality for subscribers is ready as of today with a Tweet demonstrating the increased character limit. Some Twitter users have long complained about the platform’s 280-character
Coin Cloud digital money ATMs in the US and Brazil, has filed for Chapter 11 bankruptcy in the US Bankruptcy Court in the District of Nevada. On its website, Coin Cloud boasts of having more than 5,000 ATMs that support more than 40 different cryptocurrencies. When Coin Cloud had 4,826
It has been reported that Digital Currency Group (DCG), a cryptocurrency holding company, has started selling its stake in crypto funds run by its subsidiary Grayscale Investments in an effort to raise cash and retain liquidity. U.S. securities documents seen by the Financial Times on February 7 revealed that DCG
In an all-stock transaction, Hut 8 Mining Corp. of Canada and US Bitcoin Corp. of the United States have declared their intention to merge. Thus, creating a crypto-mining behemoth in North America. Each company’s board of directors has given its stamp of approval to a corporate merger deal. The Board
New regulations for virtual asset service providers (VASPs) in Dubai have been announced by the Virtual Asset Regulatory Authority (VARA). It is the government body in charge of regulating cryptocurrencies there. Irina Heaver, a lawyer specializing in blockchain and cryptocurrencies located in the United Arab Emirates. She has informed that
The Financial Conduct Authority (FCA) has warned that businesses that promote cryptocurrencies outside of one of four approved channels might be subject to criminal penalties including up to two years of jail time. Any advertising under the new regulations must be produced by or with the consent of an individual
Riot, a Bitcoin mining firm, claimed today that its monthly output hit a record 740 BTC in January. Despite a decrease in its fleet of mining equipment and hash rate capability. This is a 12 percent rise from the 659 BTC produced in December 2022. And a 62 percent increase
At the StarkWare Sessions 2023, Visa’s head of crypto business Cuy Sheffield said that the corporation aims to create a “muscle memory” to settlements by enabling clients to convert digital assets to fiat currency on its platform. In a fireside discussion during the conference, Sheffield said: “We’ve been testing how
Zodia Custody, a subsidiary of Standard Chartered, and SBI Digital Asset Holdings have come to an agreement to form a joint venture in Japan that would serve as a custodian for crypto assets for institutional customers in Japan. SBI Digital Asset Holdings (SBI DAH) and Zodia Custody, which has the
