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Argentinean Startup Accelerator Launches Crypto Mining Farm in Mar Del Plata – Mining Bitcoin News

The Technological District of Mar del Plata, Argentina, will host a massive crypto mining operation backed by a domestic startup accelerator. Lothal Mining is the company that will run the operations of the mining firm in the Argentinean city. Firm Will Mine Ethereum During the First Stage Per local newspaper La Capital, Grupo Neutrón invested … Read more

Billionaires Form a Blockchain Advisory Committee for the NBA – Blockchain Bitcoin News

A number of National Basketball Association (NBA) team owners have formed an NBA blockchain advisory committee for the American professional basketball league. The advisory committee is composed of well known billionaires and blockchain advocates who own the teams the Nets, Mavs, Wizards, Celtics, Kings, and Jazz. Billionaire NBA Team Owners Invoke a Blockchain Advisory Committee … Read more

Russian Court Orders Mining Firm Cryptouniverse to Face New Trial on Fraud – Mining Bitcoin News

A major Russian mining firm is facing legal troubles in St. Petersburg, as three individuals are accusing the company of fraud. Cryptouniverse will now face a trial after a city court issued a criminal case order during the week. A District Court Rejected to Launch a Criminal Case Against the Firm in 2020 According to … Read more

Bitcoin Miner Cipher Going Public Backed by Fidelity and Morgan Stanley – Mining Bitcoin News

Cipher Mining, a bitcoin mining operation of Bitfury, has announced that it is going public via a merger with a special purpose acquisition company (SPAC). The deal values the combined company at $2 billion, with funding from investors such as Morgan Stanley and Fidelity. Cipher Mining Technologies Inc., a newly formed U.S.-based bitcoin mining operation … Read more

Crypto Tax Compliance Startup Taxbit Raises $100 Million, Targets International Expansion – Taxes Bitcoin News

U.S. crypto tax compliance startup Taxbit has raised $100 million in a Series A funding round led by investment firms Paradigm and Tiger Global. Paypal Ventures, Coinbase Ventures, and others including Bill Ackman, Ryan Smith, and Anthony Pompliano also joined the round. Taxbit chief executive officer Austin Woodward said the funds will be invested in … Read more

Thai Financial Regulator Claims Controversial Crypto Rule Proposal Was Just to Gauge Public Opinion – Regulation Bitcoin News

The Thai financial watchdog has reportedly retreated from its initial controversial crypto rule proposal. Citing the country’s Securities and Exchange Commission (SEC), a local media outlet stated that public criticism was significant regarding the matter. People ‘Misunderstood’ Minimum Annual Income Rule, Claims the SEC According to the Bangkok Post, the Thai SEC is retracting from … Read more

Pastel Network Announces the Listing of PSL on Bitcoin.com Exchange – Press release Bitcoin News

press release PRESS RELEASE. Pastel Network, the first truly decentralized and scalable blockchain project designed specifically for rare digital art, has officially announced its pending listing on Bitcoin.com Exchange, scheduled for March 5th, 2021. Pastel Network is a blockchain for rare digital art (also known as “NFTs”) that is built on the secure, battle-tested codebases … Read more

Bitcoin Is at a Tipping Point, Could Become Preferred Currency for International Trade – Featured Bitcoin News

Citigroup says bitcoin is at a tipping point and the cryptocurrency could become “the currency of choice for international trade.” The firm wrote in a report that “we could be at the start of massive transformation of cryptocurrency into the mainstream.” Bitcoin Is at the Tipping Point, Citi Says Citigroup’s Global Perspectives & Solutions (GPS) … Read more

ECOMI to List OMI Tokens With BitMax – Press release Bitcoin News

press release PRESS RELEASE. BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of OMI Tokens (OMI) under the trading pair of OMI/USDT on March 2nd at 9:00 a.m. EST. ECOMI is leading the way in the mass market digital collectible space. Its app, VeVe, … Read more

China’s Inner Mongolia Plans to Shut Down Bitcoin Mining Operations by April This Year – Mining Bitcoin News

Inner Mongolia, an autonomous region in northern China, is planning to shut down all cryptocurrency mining activities in the area by April 2021, as part of efforts to improve energy efficiency. Regulating the Electrical Consumption in Inner Mongolia The government of Inner Mongolia will also stop approving new projects in energy-intensive industries such as steel … Read more

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