Crypto Mining Firm Giga Watt Files for Bankruptcy, Faces Eviction in Washington County

A Washington-based crypto mining company has filed for bankruptcy and is facing eviction in Douglas County. Major U.S. crypto mining and blockchain firm Giga Watt has filed for bankruptcy on Monday, Nov. 19, Washington daily newspaper Wenatchee World reported yesterday, Nov. 20. The top-five crypto mining firms entrant has reportedly filed for Chapter 11 protection […]

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Blockchain Capital Exec: Bear Markets ‘Do Bear Things,’ but BTC Has ‘Gigantic’ Potential

Blockchain Capital’s Spencer Bogart believes that crypto opportunities are “still gigantic” despite the current bear market. Spencer Bogart, a partner at the venture capital firm Blockchain Capital, believes that crypto opportunities are “still gigantic” despite the current bear market, the expert claimed in an interview with Bloomberg on Monday, Nov. 19. The expert at the […]

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South Korea Science, Food Ministries to Use Blockchain for Tracing Beef Supply Chain

The South Korean government will use blockchain technology for agriculture goods’ tracking, specifically of the beef supply chain. The South Korean government will use blockchain technology for tracing beef and providing consumers with information from the food supply chain, Yonhap News Agency, the largest news agency in South Korea, reported yesterday, Nov. 20. Blockchain technology […]

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Japanese Banking Giant, Others Donate $800K for Blockchain Course at University of Tokyo

The University of Tokyo has launched a three-year blockchain course after a $800K donation from several companies. The University of Tokyo will launch a blockchain course following a donation of nearly  $800,000 from several companies, including Japanese banking giant Sumitomo Mitsui (SMBC) and the Ethereum Foundation, Cointelegraph Japan reports Nov. 21. In a Nov. 20 […]

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Amidst Recent Market Crash, Susquehanna ‘Crypto King’ Emphasizes Crypto Is a ‘Long Game’

Bart Smith, digital asset head at U.S.-based global trading and technology firm Susquehanna, says Bitcoin is a long-term game. Bart Smith, digital asset head at U.S.-based global trading and technology firm Susquehanna, has said he is still a long-term Bitcoin (BTC) believer amidst the market crash during an episode of CNBC’s “Fast Money” Nov. 20. […]

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South Korea: Messaging Giant Kakao to Attract Crypto Investments in Singapore

The blockchain technology platform Klaytn, the brainchild of Kakao subsidiary Ground X, has been established in Singapore to attract crypto investments. Kakao Corp, a major South Korean Internet conglomerate, has established a subsidiary of the company in Singapore to attract foreign investments with cryptocurrencies, Seoul-based media outlet News1 reported Nov. 21. According to the article, […]

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