Crypto miners eye cheap power in Texas, but fears aired over impact on the grid
Miners dislocated by China’s crackdown are looking to Texas for cheap electricity, but the state’s grid is already on the brink of disaster amid a sweltering summer.
Cryptocurrency Firm dYdX Raises $65 Million
The latest funding round was led by Paradigm.
Rep. Maxine Waters Announces a Task Force to Study Crypto and CBDCs
Rep. Maxine Waters announced a taskforce on Financial Technology that will study crypto and CDBCs an their impact in the US politics.
15 Banks Form New Company to Process Letters of Credit in India Using Blockchain Tech
IBBIC’s new system will verify data for invoices on goods and services tax, eliminate paperwork and significantly reduce transaction times.
Fox Entertainment Creates $100 Million Investment Fund for Non-Fungible Tokens (NFTs)
Entertainment giant and media house Fox makes a blockbuster entry to the non-fungible tokens (NFTs) market by launching a $100 million creators fund in partnership with Bento Box entertainment. This…
Coinbase Bump Alert – Four Altcoins Launching on Top Crypto Exchange
Coinbase, the leading US crypto exchange, says traders are gaining access to several popular altcoins. The interoperable blockchain platform Polkadot (DOT) just debuted on Coinbase’s platform for professional traders, Coinbase…
Sotheby’s To Auction Off World Wide Web Source Code As NFT
Next week, Sir Tim Berners-Lee will auction an NFT of the original source code he used to create the World Wide Web. Sotheby’s To Auction Off WWW Source Code According…
Fox launches $100M creative fund for NFT content creation
Fox has announced a $100 million fund under its NFT firm Blockchain Creative Labs, and is set to launch a range of NFT content, digital goods, and assets.
NFT Craze Cools As Sales Reportedly Plunge 95% Since May
New data shows the non-fungible token (NFT) craze has hit a brick wall, with a dramatic drop in sales volume underway. NFTs took the cryptoverse by storm early this year,…
Italy’s Financial Watchdog Raises Concerns Over Unregulated Cryptocurrency Market
The chairman of Italy’s financial regulator has raised concerns over the cryptocurrency market without proper regulation. “Without proper oversight there could be a worsening in market transparency, the basis of…
