Category: Blockchain

Blockchain Intelligence Startup TRM Labs Raises $14M Investment Round from PayPal & Salesforce

San Francisco-based blockchain intelligence platform TRM Labs announced the company completes a Series A funding with a total value of $14 million on June 17.  It is reported that the A-Round led by Bessemer Venture Partners, a venture capital firm with 130 IPOs. The well-known digital payment company PayPal and the cloud-based software company Salesforce also

Miami Mayor Embraces Chinese Bitcoin Miners

Miami Mayor Francis Suarez said the city welcomes Chinese Bitcoin miners as a new home for Bitcoin mining, CNBC reported Thursday. ‘Hey, we want you to be here,” Suarez, the republican mayor and one of the most crypto-friendly politicians in the U.S., accepted an interview from CNBC Thursday, said the city open doors to Bitcoin

UK Regulator Study Shows Up to 2.3M Adults Own Cryptocurrencies

The United Kingdom Financial Conduct Authority (FCA) has released the latest report about cryptocurrency awareness among UK adults. Study shows that up to 2.3 million UK adults own cryptocurrencies. The research has done based on “heightened public interest and media coverage, alongside the continued growth of the cryptocurrency market, including high cryptocurrency prices.” The study finds out that

Global Financial Indexes Provider MSCI Plans to Launch Crypto Indexes

Global securities index publisher MSCI is considering launching cryptocurrency indexes, Reuters report Thursday. Henry Fernandez, CEO of MSCI- a global securities index issuer, stated that MSCI is considering launching cryptocurrency asset indexes, which will be another step towards mainstream companies accepting digital currencies and related transactions. The crypto indicators are considered an important step in leading new research

El Salvador President Proposes Volcanic-Powered Bitcoin Mining System

El Salvador President Nayib Bukele revealed his plans to explore geothermal energy from volcanoes to mining the cryptocurrency after the “Bitcoin law”  passed as a legal tender in this Central American country. As Bukele shared on his official Twitter handle, The President said engineers had dug a new well that will produce 95MW of renewable energy from the country’s

Bitcoin Needs to Push Above $40,000 for Bulls to Construct Confidence

Bitcoin (BTC) has been consolidating between the $30,000 and $40,000 range ever since the top cryptocurrency dropped from an all-time high (ATH) of $64,800 recorded in mid-April.  BTC was trading at $36,890 during intraday trading, according to CoinMarketCap. Chris Weston, the head of research at Melbourne-based broker Pepperstone Financial Pty, believes that Bitcoin ought to

Bitcoin Mining Technology Luxor Completed $5M Series A Funding Led by NYDIG

Seattle-based cryptocurrency mining software technology company- Luxor announced Wednesday a Series A funding completed with a total value of $5 million. It is reported that the financing was led by NYDIG, a company specialising in providing Bitcoin investment and technology solutions, and mining companies Blockware Solutions, Celsius Network, DPO, Navier, and others followed up.  According to the

Why You Should Use Invictus Capital’s C10 Fund to Buy the Dip

  Recently, the cryptosphere has garnered plenty of media attention with bulls, bears, advocates, and cynics all indiscreetly butting heads. Many are quick to callously point fingers at crypto’s adolescence and lack of historical track record, quoting rigid institutions’ partisan observations as truth. But, some are cognizant of the inevitability and necessity for the industry’s