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 …
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Lawyers for major fast food chain Jack in the Box have filed a lawsuit against crypto exchange FTX US for copyright and trademark infringement of its “Jack” mascot. According to federal court documents filed in the Southern District of California on Wednesday, Jack in the Box’s legal team is requesting a jury trial, claiming FTX US’ …
October marked a very busy but prosperous month for the digital gold as Bitcoin recorded a new ATH in daily transfer volumes. This is a direct reflection of the degree of activity the network experiences and an obvious indication of the network’s growing value. Bitcoin moved $15 billion per day in October Per Glassnode’s analysis …
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Right after the 2018 crypto market plunge, there was great doubt whether crypto was even a valid concept. Three Belgians set out to tackle what they believed to be the greatest hurdle for crypto adoption: security. Today, after years of research and development as well as raising $450,000 in the most successful crypto wallet pre-order …
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As the end of the year approaches, the price of bitcoin has hovered above the $60K region and with 18.8 million bitcoin in circulation, bitcoin’s market valuation is over $1.16 trillion today. Meanwhile, the number of tokenized bitcoins in existence today has swelled significantly during the last three years, climbing to 408,210 bitcoin worth $25 …
Bitcoin futures open interest continues to remain high after the launch of the first bitcoin exchange-traded fund (ETF) on October 22. While Binance commands $5.81 billion and leads the pack, CME Group holds the second-largest position in terms of bitcoin futures open interest (OI) with $4.1 billion or 16.84% of the aggregate OI. Top Ten …
sponsored For many people the luxury market is out of reach. However, with LuxFi, that is no longer the case. The platform combines blockchain technology, NFTs, and a luxury goods market open to anyone, anywhere. LuxFi will mark a significant shift in the way luxury goods are traded, and how people acquire them. LuxFi is …
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The competition to become the US’s “crypto capital” has begun. Popular YouTube investor Anthony Pompliano kicked things off on Tuesday when he asked Twitter which American politician would be the first to accept a paycheck in Bitcoin (BTC). Miami Mayor Francis Suarez responded quickly, promising to take his next check completely in BTC. I’m going …
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 …
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The stablecoin market has been growing exponentially — from only $21.5 billion in mid-October of last year to $130 billion at the start of November; a six-fold increase — so it was only reasonable to expect that the United States government would have to come to grips with these digital assets that are designed to …
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It took just four minutes for a relatively unknown cryptocurrency to rise by over 5,600% as of Nov. 5, according to data from CoinMarketCap. Dubbed Phoenix Global (PHB), the token soared from $0.02057 to as high as $1.1413 on Nov. 5, with its volume dropping surprisingly — from $3.79 million to around $777,680 in the …
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THORChain hasn’t had an easy year. After three exploits in the space of a month during the summer the protocol’s native token (RUNE) took a beating, plummeting from all-time highs over $20.00 in May to a low of around $3.50 in late July. Billed as a way to exchange crypto assets across different blockchains without …
Continue reading “THORSwap hammers home the point: Aligned incentives are a crypto superpower”
Facebook is launching the metaverse, a virtual reality platform. It will also feature support for NFTs. Here’s what to expect. Facebook has announced a new project called “metaverse,” a series of web applications built around virtual reality and simulated environments. On Oct. 28, the company announced that it would rename its main company “Meta” and …
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Bitfury Group, one of the leading Bitcoin mining companies, has announced the appointment of Brian P. Brooks as the new Chief Executive Officer. Brooks assumed his new role on October 29, and he will lead the firm in some of its strategic initiatives. Brooks will be replacing Valery Vavilov, the founder of Bitfury, as the …
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There have been no major uniform gains across the cryptocurrency market. However, this has not deterred some coins from making major gains pushing them to new highs. One of the best performers in the crypto charts during the past 24 hours is VeChain. VeChain is trading at $0.159 at the time of writing after an …
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