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Bitfinity to create a Bitcoin sidechain solution on Internet Computer

Bitfinity Network, a web3 infrastructure company, has raised $7 million from Polychain Capital and ParaFi. These funds will be used to create an off-chain infrastructure for Bitcoin and Ordinals. Precisely, the raise coincided with the development of Bitfinity Ethereum Virtual Machine (EVM), a sidechain integrated into Internet Computer. дальше »

2024-1-11 16:57


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Celsius elicits mixed signals as it announces plans to unstake $468 ETH

Crypto lender Celsius wants to unstake its Ether holdings to meet the costs of its restructuring plan. The embattled crypto firm says the funds raised will be used to pay its creditors. Celsius’s move comes after the Southern District of New York Bankruptcy Court approved its restructuring plan in November. The plan included the creation […] дальше »

2024-1-5 15:05


Bitcoin Mining Farms Beef Up Operations Ahead of Next Block Halving, But Is This Decentralized Project With $6.45 Million Raised The Ultimate Solution?

Bitcoin mining farms are starting to prepare for the 2024 scheduled Bitcoin block halving event by pouring massive sums of investments into beefing up their operations. While top analysts like Peter Brandt believe the Bitcoin block halving is a lot of excitement over nothing, heavyweight mining farms seem to have other thoughts as they look […] The post Bitcoin Mining Farms Beef Up Operations Ahead of Next Block Halving, But Is This Decentralized Project With $6. дальше »

2023-12-30 15:00


Warning Signals Flash As Bitcoin Surges: Expert Spotlights Potential $25,000 Liquidity Sweep

Bitcoin (BTC), the world’s leading cryptocurrency, has recently witnessed a surge in price, reaching a new yearly high of $42,100 on Monday.  However, this significant price increase has raised concerns among market participants about the possibility of a potential correction and a subsequent liquidation sweep, which could drive the price down to as low as $25,000. дальше »

2023-12-5 18:00


Bitcoin Community Accuses BBC Of Sensationalism In Controversial Mining Article

A recent article published by the BBC has sparked a heated debate among cryptocurrency enthusiasts and critics regarding the environmental impact of Bitcoin (BTC) mining.   The piece, titled “Every Bitcoin payment ‘uses a swimming pool of water,’” raised concerns about the water consumption associated with the mining process. дальше »

2023-12-2 03:00


New Era For Bitcoin Mining: Jack Dorsey Leads Decentralization Initiative

Mummolin, Inc. has successfully raised $6.2 million in seed funding to kickstart OCEAN, a project aimed at decentralizing Bitcoin mining on a global scale. The funding round, headlined by Block CEO Jack Dorsey, also drew support from notable entities such as Accomplice, Barefoot Bitcoin Fund, MoonKite, NewLayer Capital, and the Bitcoin Opportunity Fund. New Push […] дальше »

2023-11-30 20:00