Nasdaq-listed sustainable crypto mining and blockchain firm, Argo Blockchain recently published its financial results for the third quarter of 2021. In Q3, the company generated record revenues of $26 million (£19.3 million). Additionally, Argo Blockchain reported a net income of $17.3 million. EBITDA for the latest quarter came in at $28.2 million. During Q3 of 2021, Argo Blockchain mined a […]

The metaverse continues to be the next attraction point of crypto for investors, with The Sandbox, an Animoca Brands subsidiary and nonfungible token (NFT) metaverse platform, raising fresh capital in a funding round led by SoftBank Vision Fund 2. Marking SoftBank Vision Fund 2’s first investment into the crypto assets, The Sandbox’s Series B round saw $93 million raised with […]

FXCM Pro, the institutional brokerage and trading services arm of FXCM Group, saw a major executive move last week when Tim Rudland, Vice President Institutional Sales at FXCM Pro, left the company. In a post on LinkedIn, Rudland mentioned that he has joined Liquidity.net, a multi-asset liquidity provider. Rudland will be moving to Dubai in the upcoming weeks. He also […]

The first week of the Kleiman v Wright trial is here, the jurors are locked in, and now plaintiff Ira Kleiman and his attorneys are up to bat first. What can be expected out of the opening rounds of the biggest trial in digital asset history? The meat of the trial began Monday, when attorneys for the plaintiff and defendant […]

Ethereum is trading in a bullish zone above $4,200 against the US Dollar. ETH could start another increase if it clears $4,350 and $4,400 in the near term. Ethereum is holding gains above the $4,100 and $4,200 support levels. The price is now trading above $4,200 and the 100 hourly simple moving average. There is a major contracting triangle forming […]

Major U.S.-based Bitcoin (BTC) mining firm Genesis Digital Assets is building a new data center in West Texas.  According to the firm’s Nov.1 announcement, the new industrial-scale BTC mining data center will have a capacity of 300 megawatts and will operate using unspecified “sustainable infrastructure.” Its energy will be sourced from the Electric Reliability Council of Texas (ERCOT). As part […]

The rollout of the world’s second central bank digital currency, or CBDC, is off to a rocky start. Last week, Nigeria rolled out its eNaira CBDC after the Bahamas became the first country in the world to launch one, known as The Sand Dollar, the year prior. In a statement quoted by local news outlet The Nation, Central Bank of […]

PrimeXM, an FX trading industry technology provider, published its trading volumes report for October 2021, noting another milestone hit for the period on monthly trading volume. According to the metrics across its four major data center locations, the company surpassed the $1 trillion threshold in monthly volume for the fifth consecutive month, reaching over $1.10 trillion, which is a 23% […]

Despite having the goal of being widespread and utilized by many people throughout the globe, bitcoin, it turns out, is still experiencing very concentrated ownership according to a new survey conducted by the National Bureau of Economic Research. Bitcoin Isn’t Falling Into Too Many Hands Bitcoin was built as a means of giving financial freedom and power back to the […]