Two cryptocurrency mining companies want to make it easier for businesses in North America to mine bitcoin. Minnesota-based Compute North has allocated hosting facilities and 47 megawatts (MW) of…
Tag: Cryptocurrency
BitGo Taps Former Coinbase Exec Jeff Horowitz as Chief Compliance Officer – CoinDesk
Cryptocurrency custodian BitGo has hired Coinbase’s former chief compliance officer to lead its compliance and anti-money laundering (AML) programs. Jeff Horowitz led Coinbase’s global compliance program before leaving in…
Coinbase to Suspend XRP Trading Following SEC Suit Against Ripple – CoinDesk
Coinbase said it will suspend trading of XRP, the cryptocurrency the U.S. Securities and Exchange Commission sued last week claiming it is really a security. Coinbase first listed XRP…
Coin DCX Has Made a Lot of Money Since the Beginning of the Year | Live Bitcoin News
Cryptocurrency exchange Coin DCX has managed to put away roughly $20 million since the start of the pandemic. The company recently completed a Series B funding round in which…
$175K Donation to Coin Center Tops Latest Fundraising Push for Crypto Policy Group – CoinDesk
Donations keep pouring in for leading cryptocurrency think tank and advocacy group Coin Center. Announced Wednesday, a $175,000 donation to the Washington, D.C.-based non-profit was made by five industry…
Private German Bank to Launch Cryptocurrency Fund
Hauck & Aufhauser is launching a cryptocurrency fund in January 2021. Read original at
Chainalysis Sees Raising $100M in Venture Capital at $1B Valuation: Report – CoinDesk
Cryptocurrency investigation firm Chainalysis expects to raise $100 million venture capital at a $1 billion valuation as early as next week, the company told Forbes. The Series C is…
Coinbase Goes Down as Bitcoin Nears $17K
The website and mobile app of U.S. cryptocurrency exchange Coinbase are down as bitcoin is nearing $17,000. Read original at
China’s Crypto Miners Struggle to Pay Power Bills as Regulators Clamp Down on OTC Desks – CoinDesk
As Chinese authorities make it harder than ever to exchange cryptocurrency into fiat, miners may be forced to move to other jurisdictions, local sources say. On Monday, crypto industry…
Ethereum Lags Behind Bitcoin, But Analysts Think a Big Move is Coming
Ethereum’s price has been significantly underperforming that of Bitcoin as of late While the benchmark cryptocurrency is now trading at fresh yearly highs, Ethereum is still down nearly 30%…