Kenya-Based Bitcoin Mining Company Raises $2 Million in Seed Investment Led by Jack Dorsey-Owned Firm

Gridless, a bitcoin mining company operating from Kenya, recently raised $2 million in seed investment from Block, a digital payments company owned by Twitter founder Jack Dorsey, and Stillmark. The bitcoin mining... Read more »

Brazil Fan Token drops 50% fall in hours after the Croatia World Cup loss

Brazil National Fan Token is down 50% in a few hours and about 56% in 24 hours after losing against Croatia at the FIFA World Cup in penalty shootouts. JUST IN: Brazil... Read more »

Ethereum and Litecoin make a move while Bitcoin price searches for firmer footing

Crypto price action has been rough over the past few months, but a few green shoots are finally beginning to emerge. While Bitcoin (BTC) remains in a downtrend, its price has recently... Read more »

Paraguayan Cryptocurrency Law Shelved After Presidential Veto

The cryptocurrency and mining law that the Paraguayan Congress passed in June was finally shelved on Dec. 5. The document, which sought to bring order to crypto mining and exchange activities in... Read more »

Bitcoin price targets stretch to $19K as BTC jumps 4% from daily lows

Bitcoin (BTC) stayed higher after a $17,000 liquidity grab on Dec. 9 as traders targeted further upside. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin attempts new monthly high Data from Cointelegraph... Read more »

Coinbase asks users to convert their USDT to USDC for free

Coinbase is incentivizing its users to convert their Tether (USDT) holdings for USD Coin (USDC), according to a Dec. 8 blog post. Switch to a trusted stablecoin: USD Coin (USDC). Now convert... Read more »

Russia Expects Sizable Increase in Crypto Miners’ Share of Power Usage

The crypto mining industry may see a two-fold increase in its share of Russia’s power consumption in 2022, according to a high-ranking official from the Ministry of Energy. The department supports a... Read more »

Countries and institutions move into crypto despite market drop: Report

The crypto markets have been in decline since the start of the second quarter of 2022. Each time it seemed like the apparent crypto winter would experience a minor thaw, another notable... Read more »

LINK staking in community pool filled within the first 2 hours

General access for staking in the community pool for prominent oracle network Chainlink filled up within two hours of its launch. At press time, all allowed 22,500,000 LINK tokens worth around $15.84... Read more »

US Senator: Bitcoin Is a Commodity — ‘There Is No Dispute About This’

U.S. Senator John Boozman says bitcoin, although a cryptocurrency, is a commodity in the eyes of the federal courts and the Securities and Exchange Commission (SEC) chairman. He stressed that exchanges where... Read more »