Blog Archive

31 March 2021 By Lilly Harvey

Ripple acquires stake in cross-border payments firm

Ripple has agreed to acquire a 40% stake in cross-border payments firm Tranglo to further expand its ODL service in Southeast Asia. Ripple continues its push into the Asian market by acquiring a stake in a cross-border payments firm. ... Read more

29 March 2021 By Dominic Robinson

Argo Blockchain to launch clean energy Bitcoin mining pool

Hydroelectric energy will power a new Bitcoin mining pool following Argo's partnership with DMG Blockchain. Publicly-traded cryptocurrency mining firm Argo Blockchain will launch a Bitcoin (BTC) mining pool powered solely by clean energy, the company announced on March 26. ... Read more

27 March 2021 By Evan Fitzgerald

Tether market cap surpasses $40B, growing 10x over 12 months

The market’s leading stablecoin, USDT, reached another major milestone as crypto demand continues to grow. Tether (USDT), the world’s most liquid stablecoin, surpassed $40 billion in market capitalization on Wednesday, highlighting the rapid growth of cryptocurrency investing over the past year. ... Read more

25 March 2021 By Evan Fitzgerald

U.S. miner Blockcap plans to have 40,000 ASICs operational by Q4

Despite launching in December, Blockcap plans to possess an operational hashrate of 3.5 EH/s by 2022. Blockcap, one of the largest Bitcoin mining firms in North America, has added more than 12,000 additional Bitmain Antminer S19s to its inventory. ... Read more

23 March 2021 By Dominic Robinson

Google Finance adds dedicated ‘crypto’ tab featuring Bitcoin, Ether, Litecoin

Crypto continues to enter mainstream usage. Google Finance users can now get a quick rundown of the top cryptocurrency prices with just one click. Google Finance has added crypto prices to the finance.google.com domain. The section, titled “Crypto,” now appears in the “Compare Markets” category alongside conventional stock and currency markets ... Read more

21 March 2021 By Lilly Harvey

Over 6,000 XRP holders volunteer as third party defendants in SEC lawsuit

XRP holders claim their interests aren't being represented in an ongoing SEC lawsuit against Ripple Labs. Now they want to enter the fray as third-party defendants. XRP coin holders have attempted to insert themselves as third-party defendants in the United States Securities and Exchange Commission’s lawsuit against Ripple Labs. ... Read more

19 March 2021 By Lilly Harvey

Bitcoin mine heat-recycling firm MintGreen closes seed round led by CoinShares

Coinshares is teaming up with MintGreen to recycle heat waste from Bitcoin mining. Sustainable crypto mining firm MintGreen has completed its seed investment round, with top digital asset manager CoinShares leading the round. ... Read more

17 March 2021 By Dominic Robinson

Ripple ends YouTube lawsuit over XRP giveaway scams, says CEO

Ripple and its CEO Brad Garlinghouse had alleged that YouTube profited monetarily from fraudulent XRP giveaways. Ripple has ended its lawsuit against YouTube for the social media platform’s alleged complicity in a spate of fake XRP giveaway scams, CEO Brad Garlinghouse announced on March 9. ... Read more

15 March 2021 By Evan Fitzgerald

What DeFi needs to do next to keep institutional players interested

In order for DeFi to have access to institutional actors, it will need to adapt. But by adapting, it might lose some of its core tenets. The last few months’ frenzy of institutional money flowing into Bitcoin (BTC) has seen crypto hitting the headlines — at the least as a novelty asset, at the most as a must-have. There is undoubtedly a trend in the market toward greater awareness and acceptance of digital assets as a new investable asset class. ... Read more

13 March 2021 By Evan Fitzgerald

China’s Inner Mongolia to shut down crypto mining farms by April

Inner Mongolia drew the ire of Beijing after failing to meet energy efficiency goals. Authorities of the Chinese autonomous region of Inner Mongolia have proposed closing down all local cryptocurrency mining facilities to reduce energy consumption in the region. ... Read more

11 March 2021 By Lilly Harvey

Ethereum fees are skyrocketing — But traders have alternativesc

The issue of scalability is vital if blockchain and decentralized applications are to accommodate a massive user base. With the rapid growth of decentralized finance, upcoming scaling developments on Ethereum 2.0, and increased crypto allocation in the portfolios of institutions, the price of Ether (ETH) is rapidly ascending ... Read more

9 March 2021 By Dominic Robinson

Ethereum now available on Amazon Managed Blockchain

Amazon Web Services users reportedly have the ability to "provision Ethereum nodes" and connect to the blockchain’s mainnet and other testnets. Technology giant Amazon just announced the general availability of Ethereum on its managed blockchain. ... Read more

7 March 2021 By Lilly Harvey

Tezos gets new oracle through Wolfram Blockchain Labs integration

Wolfram Blockchain has fully integrated Tezos, bringing data to and from the blockchain. Wolfram Blockchain Labs, the cryptocurrency-centric division of popular computing engine provider Wolfram Alpha, is adding support for Tezos on its platform, providing a two-way interface with the blockchain. ... Read more

5 March 2021 By Evan Fitzgerald

Transparent stablecoins? Conclusion of Tether vs. NYAG raises new questions

A long-standing legal drama finally found resolution on Feb. 23, with the New York Attorney General’s office announcing that it had come to a settlement with cryptocurrency exchange Bitfinex after a 22-month inquiry into whether the company had been trying to cover up its losses — touted to be worth $850 million — by misrepresenting the degree to which its Tether (USDT) reserves were backed by fiat collateral. ... Read more

3 March 2021 By Evan Fitzgerald

MoneyGram faces lawsuit over alleged false statements regarding XRP

Ripple partner MoneyGram is facing a lawsuit alleging the firm issued misleading statements and failed to disclose XRP's status as an unlicensed security. Payments company MoneyGram International has been sued over alleged false statements, made regarding its partnership with Ripple Labs and their XRP cryptocurrency. ... Read more

1 March 2021 By Lilly Harvey

Phase one of Switzerland's blockchain law goes into effect

The first phase of Switzerland’s two-part crypto and blockchain regulatory framework is effective as of today. On Monday, part one of the Swiss blockchain law covering company reforms went into effect. Back in September 2020, the country’s parliament passed an expanded regulatory framework for crypto and blockchain technology in the country. ... Read more