Argo Blockchain's Texas mining facility could cost up to $2B

United Kingdom-based crypto mining company Argo Blockchain’s plans to build an 800-megawatt data center in West Texas could cost anywhere from $1.5 billion to $2 billion. According to a Friday regulatory filing from Argo, the $2 billion cost estimate for the Helios mining facility built on a 320-acre land plot in Texas was based on “the type of mining machines […]

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Burger King Unveils New Crypto Contest for Perks Members

Popular fast food chain Burger King is looking to get involved in the crypto craze through a new contest it’s hosting. Burger King and Crypto… A Solid Match? The restaurant is partnering with trading platform Robinhood to give customers the chance to begin investing in crypto or add more units to their portfolios. The contest is set to last through […]

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Ira Kleiman serves up a Bitcoin turkey in Wright lawsuit testimony

Alongside his Thanksgiving turkey, Ira Kleiman may have served himself a side dish of perjury in the Kleiman v Wright civil lawsuit against Bitcoin creator Dr. Craig Wright. On Wednesday, Ira Kleiman appeared in a Florida federal court to offer testimony supporting his civil case against Dr. Wright, whom Ira accuses of improperly purloining hundreds of thousands of BTC tokens […]

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Aave (AAVE) Releases Request for Comment (ARC) for V3 Launch

Aave (AAVE) Governance is putting preparations in top gear to roll out the third iteration of the decentralized finance (DeFi) lending protocol and the team has released a document shedding light on its features and more. Aave (AAVE) In the Works Barely two years after launching the first version of its platform, Aave (AAVE), the third-largest decentralized finance protocol in […]

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Tampa mayor to accept pay in Bitcoin — Report

Jane Castor, the mayor of Tampa Bay, Florida, has announced that she will begin accepting her paycheck in Bitcoin (BTC), according to multiple sources who attended Florida’s Bitcoin & Blockchain Summit. Castor made the announcement Friday morning on day two of the Summit, which is being held at Amalie Arena in downtown Tampa. According to people who attended the event,  […]

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Event recap Web Summit 2021: crypto, climate change and Facebook

Cointelegraph team members and leadership joined major media companies and tech figures this week at the three-day Web Summit 2021 in Lisbon. The issues surrounding social media giant Facebook were the focus for many at the largest tech conference in the world. The company has been the subject of intense media scrutiny following the release of internal documents by whistleblower […]

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The CoinGeek Pulse Episode 64: Kleiman v Wright trial gets underway, US stablecoin policy, Social Bitcoin Web and OpenSV

The biggest trial in the history of digital assets and one of the most significant legal cases in the history of blockchain technology has finally kicked off this week in Florida: the Kleiman v Wright 2021 trial. Ira Kleiman, the brother of the late computer forensics expert Dave Kleiman, filed suit in 2018 against Bitcoin inventor Dr. Craig Wright over […]

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Nervos debuts mainnet beta layer-two blockchain project

Public blockchain platform Nervos Network has announced the mainnet beta launch of Godwoken. The layer-two blockchain protocol integrates Ethereum Virtual Machine capabilities and optimistic rollup mechanics to provide instant transaction finality and low fees within an Ethereum-like environment.  Built upon the existing Nervos layer-one network, the multichain solution seeks to capitalize on Ethereum’s well-documented drawbacks — most notably, network congestion, high […]

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