The National Bank of the Kyrgyz Republic (NBKR) revealed its new-year plans for the national crypto industry. They are about to introduce two drafts to regulate the country’s exchanges that aim to combat terrorism, money laundering, and protecting consumers. Kyrgyzstan…
Over the last year, institutional investors have been flocking toward crypto assets like bitcoin and after Microstrategy’s initial bitcoin purchase, the trending institutional demand for crypto started swelling. On Tuesday, the San Francisco trading platform Coinbase published a study that…
Skybridge Bitcoin Fund’s assets under management have risen to $310 million. Expecting the cryptocurrency to become a digital replacement for gold, the firm reportedly values bitcoin at $535,000. Skybridge also predicts that bitcoin’s price will reach $100,000 this year. Skybridge…
CoinShares, a European-based digital asset investment firm, today announced that the company’s XBT Provider line of cryptocurrency exchange-traded products (ETPs) reached record trading volumes on Monday, January 4, 2021. With more than €162M ($202M) in XBT certificates changing hands traded…
Sifchain, an omni-chain solution for DEXes built with the Cosmos SDK, has announced that it has successfully deployed Peggy, a Cosmos-Ethereum bridge on its Monkey Bars testnet. Sifchain is a cryptocurrency exchange protocol built on Cosmos SDK and will target…
Cryptopay, a cryptocurrency payments platform, has announced its revenue stats for 2020 (with December stats to be included later). Even without December 2020’s calculations, the company reports a doubling of revenue in 2020 from 2019. “Last year we set a…
Moonbeam, the Ethereum-compatible smart contract platform on Polkadot, has announced the Moonbeam Grants Program. The Moonbeam Grants Program is part of Moonbeam’s multi-chain vision. This program aims to fund Web3 software development and projects that contribute to the growth of the…
The top banking regulator in the U.S. has announced that national banks and savings associations in the country can use public blockchains and stablecoins for payment activities. Experts say this is good for bitcoin and its importance should not be…
Canaan, a provider of supercomputing solutions and the world’s second-largest producer of bitcoin mining hardware, has announced the launch of the Avalon Immersion Cooling Miner (A1066I), its latest submerged liquid-cooled crypto miner. The Immersion Cooling Miner is capable of running…
The publicly listed ASIC mining rig manufacturer, Canaan, has announced the launch of a new submerged liquid-cooled bitcoin miner called the Avalonminer A1066I. Canaan claims the new immersion cooling miner is noiseless and capable of significant overclocking, as the miner’s…
