If BTC was a state, it would be ranked among the top 30 electricity consumers globally. This raises concerns among both governments and environment activists. As per the data by Cambridge University, Bitcoin alone uses more electricity than an entire country like Argentina (121 TWh), UAE (113.2 TWh), Netherlands (108.8 TWh), and many others. The mining involves heavy activities (such […]

NFTs are getting hotter today following the fire of Long Island that burned a 2006 Banksy original certified by Pest Control. Someone describing himself as a tech enthusiast said he was working with SuperFarm to create a Non-Fungible Token (NFT) out of the piece of work which then was burned. They said it was to be auctioned on Opensea where […]

The Iota protocol (MIOTA) is continuing its pivot toward implementing smart contracts with an alpha release of IOTA Smart Contracts Protocol, or ISCP. As announced on Thursday, the project has released a more stable iteration of its smart contracts platform, which was previously in the pre-alpha stage. The new version signals a higher readiness of the technology, allowing developers to […]

Payfazz, a fintech firm based in Indonesia, announced today that the company has invested $30 million in Xfers, a Singapore-based payment solutions provider for businesses. Payfazz previously raised around $53 million in a Series B funding round in July 2020 from investors including B Capital and Insignia Ventures Partners. According to the official announcement, both companies have formed a new […]

Being your own bank isn’t for everyone — and that includes companies and fund managers looking to issue cryptocurrency investment vehicles. Cryptocurrency exchange and custodial services provider Gemini announced today the launch of a new service tailored specifically towards funds and ETFs: Gemini Fund Solutions. The new service will offer “custody, clearing, trade execution, and other capital markets” facilities, as […]

The legal counsel of Chris Larsen, Ripple’s Executive Chairman, is trying to remove Larsen’s name from the Securities and Exchange Commission’s lawsuit against Ripple over the sale of XRP, which the regulator alleges to be an unregistered security. In a letter to Judge Analisa Torres at the US District Court for the Southern District of New York on Wednesday, the […]

TARA token purchasing options and allocation The token sale will take place from March 4 till March 15, with pre-registration starting at 6 PM PST on March 4. This is the first public sale held by the company after the 2018 private rounds led by Fenbushi Capital (an early investor in Ethereum), KuCoin, and LongHash Ventures. Through the sale, investors will be able […]

Crypto.com, the digital exchange and app, announced today that the company has officially launched Crypto.com Capital, a $200 million fund to support the emerging companies working in the cryptocurrency market. According to the official announcement, the newly launched fund will invest in crypto startups at the seed and series A stage. The company mentioned that the focus of Crypto.com Capital […]

The CEO of the United States’ largest cryptocurrency exchange, Coinbase, has topped the list of global industry billionaires by China’s Hurun Research Institute. Issued on March 2, the latest Hurun report provides a brief overview of the world’s richest, stating that the number of global billionaires has surged nearly 50% to hit over 3,000 people over the past five years. […]