The company blamed the continued suppression of Bitcoin prices and associated profitability issues in the mining market. United Kingdom-based cryptocurrency mining provider Argo Blockchain announced it was refocusing its business as part of a major cost-cutting exercise, according to a strategy update published on Feb. 15. Argo, which is headquartered in London with facilities in […]
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The company posted an overall 21 percent annual earnings increase compared to the same time last year. United States gaming and computer hardware manufacturer Nvidia has reported full-year revenue gains, the company confirmed in a press release about its Q4 earnings published on Feb. 14. Nvidia, which was one of the companies worst hit by […]
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The court had previously claimed Blockvest did not violate securities laws with its BLV token sale. The United States Securities and Exchange Commission (SEC) announced it had gained an injunction against initial coin offering (ICO) operator Blockvest, overturning a 2018 court order. The regulator reported the development in a press release published on Feb. 14. […]
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A Nova Scotia Supreme Court judge has delayed a decision on legal representation for clients of major Canadian cryptocurrency exchange QuadrigaCX. A Canadian judge has delayed a decision on legal representation for customers of major Canadian cryptocurrency exchange QuadrigaCX. The news was tweeted by Canadian Broadcasting Corporation reporter Jack Julian on. Feb. 14. On Thursday, […]
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Customers of major U.S. crypto exchange Coinbase can now withdraw Bitcoin SV to external wallets. Major American cryptocurrency exchange Coinbase now allows its users to withdraw Bitcoin SV (BSV) balances to external wallets, according to an announcement published on Feb. 14. BSV appeared following a hard fork in the Bitcoin Cash (BCH) blockchain in November […]
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Luxembourg regulators have approved a bill that would provide more legal certainty to transactions made on blockchains. Luxembourg lawmakers have passed bill 7363 into law, facilitating the use of blockchain technology in financial services, according to an official announcement published by the country’s parliament, the Chamber of Deputies, on Feb. 14. The new law aims […]
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Cryptocurrency markets have continued trading sideways, remaining relatively quiet with moderate losses throughout the top 20 coins. Thursday, Feb. 14 — most major cryptocurrencies are trading sideways, with a few experiencing minor losses. The markets are seeing mixed signals as of press time, according to data from Coin360. Market visualization from Coin360 The leading digital […]
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An official from Fairfax County Retirement Systems has clarified the terms of recent investments by county pensions in blockchain venture capital fund Morgan Creek. Fairfax county of the United States state of Virginia, has invested $21 million in Morgan Creek Blockchain Opportunities Fund, according to an official note published on Feb. 13. Jeff Weiler, Executive […]
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Netherlands-based tech company ElaadNL has devised a PoC for a smart grid using IOTA Tangle technology. Dutch technology company ElaadNL has developed a Proof of Concept (PoC) for a smart power grid for electric vehicles using internet of things (IoT)-focused IOTA Tangle technology, according to the company’s announcement on Feb. 14. Per the announcement, the […]
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Ripple has released XRP Ledger version 1.2.0, including a number of new network amendments. Ripple, the firm behind the current third top crypto XRP, has introduced a major network upgrade of its XRP Ledger version 1.2.0, according to an official announcement on Feb. 13. The XRP ledger is a decentralized cryptographic ledger that stores XRP […]
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