Filecoin service provider announces move to Singapore in light of tightening restrictions in China
The service provider also announced the launch of a new system upgrade to increase yield efficiency. RRMine Global, a Filecoin service provider offering global cloud-computing asset management, announced Wednesday that it has shut down business operations in mainland China and …
OpenNode sets up BTC payment infrastructure in Bank of Bahrain regulatory sandbox
The kingdom in the Persian Gulf is taking its latest step in transforming its economy away from oil with the Bitcoin and Lightning Network infrastructure provider’s trial. Bitcoin infrastructure provider OpenNode will test a Bitcoin payment processing and payouts solution …
SWIFT and Symbiont announce corporate data blockchain pilot
The message-system processes over five billion transactions a year and seeks to maintain its relevance by integrating disruptive technologies to its business. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) disclosed on Tuesday a partnership with fintech company Symbiont to provide …
Linux to launch Foundation to support digital wallet development
The foundation apparently does not intend to create its own digital wallet, however. Its’ goal is to make it easier for companies to create wallets for themselves. The Linux Foundation, a global nonprofit organization that enables innovation within the blockchain …
NFT creator Doodles raises $54M in funding at $704M valuation
The firm said it will use the money from the raise to further enhance its intellectual property. On Tuesday, nonfungible tokens (NFTs) collection Doodles announced that it had raised $54 million at a $704 million valuation in a funding round …
Bitcoin margin long-to-short ratio at Bitfinex reach the highest level ever
A key Bitcoin price metric hit a new all-time high, but is this a bullish or bearish development? Sept. 12 will leave a mark that will probably stick for quite a while. Traders at Bitfinex exchange vastly reduced their leveraged …
US Treasury clarifies publishing Tornado Cash’s code does not violate sanctions
Residents would not be violating sanctions by visiting Tornado Cash’s website, copying the mixer’s open-source code, nor making the code available online or in print. The United States Department of the Treasury said “interacting” with cryptocurrency mixer Tornado Cash’s open-source …
Hot CPI report puts a dent in Bitcoin and Ethereum rally, stocks also lose ground
BTC, ETH, altcoins and stock prices crumbled in the face of a hotter than expected CPI report. Is there room for a short-term recovery? Crypto and stock markets are feeling the pain after the Sept. 13 inflation report printed an …
New regulatory bill grants Uruguayan Central Bank control over the nation’s crypto industry
The Uruguayan government introduced legislation to the parliament on Sept. 5, accelerating industry regulation. The Uruguayan government has introduced legislation to the parliament that accelerates the regulation of the crypto space in the country and establishes the central bank as the …
Crypto miner Poolin offers IOU tokens after suspending withdrawals
“Our priority, for the time being, is to resume withdrawals of as many coins/tokens as possible,” said Poolin. Poolin, one of the largest Bitcoin mining pools by hash rate, has announced it will be issuing IOU tokens in an effort …