Wollito UAB

The mining facility comes as part of a plan to accelerate the digitalization of Oman’s economy, which is mainly dependent on oil exports.

Oman launches $350M crypto mining center

The Sultanate of Oman has launched a new cryptocurrency mining center, the second mining facility to open in the country in the past 10 months. According to a local publication, t...

1 year ago

Pi Network has recorded 50 million active users, indicating the protocol’s potential and influence in the industry.

The Growth of Pi Network: 100 Million Users

Pi Network has witnessed yet another revelation. Recently, a Pi Network moderator unveiled an astonishing fact that underscores the magnitude and potential influence of the mobile mining blockch...

1 year ago

The Chinese territory has issued its first licenses for retail crypto trading amid push to cash in on virtual assets.

Hong Kong bets on crypto as sector’s star dims over crackdowns overseas

Hong Kong, China – Cryptocurrencies have had a rough ride in recent years, with prices spiralling through periods of boom and bust and the industry threatened by stun...

1 year ago

Vitalik Buterin transferred over $1 million worth of ether to crypto exchange Coinbase on Monday.

Ethereum Co-Founder Vitalik Buterin Sends $1M ETH to Coinbase

Ethereum co-founder Vitalik Buterin deposited 600 ether (ETH), which is around $1 million worth of the cryptocurrency, to crypto exchange Coinbase on Monday, according to data from Ethereum bloc...

1 year ago

The 12-year-old dog had appeared in memes with Dogecoin’s own inspiration, the Shiba Inu named Kabosu, including “Swole Doge vs. Cheems.”

Crypto users react to death of Shiba Inu behind viral memes

Cheems Balltze, the dog behind viral images of a Shiba Inu enjoying cheeseburgers, died in his sleep on Aug. 18 amid a battle with cancer. The dog, also called “Ball Ball,”...

1 year ago

Miners are now offering high performance computing services to the rapidly evolving artificial intelligence market, the report said.

Crypto Miners Are Attempting to Diversify Into Other Business Areas: JPMorgan

Bitcoin (BTC) miners are moving into new business areas, including offering high performance computing (HPC) services to the fast growing artificial intelligence (AI) market, to reduce their dep...

1 year ago

Tornado Cash Sanctions

Federal Court Supports Sanctions on Tornado Cash Crypto Mixer Despite User Protest

A federal court has backed the US Treasury Department’s right to impose sanctions on the cryptocurrency mixer Tornado Cash, dismissing a lawsuit filed by six users. Las...

1 year ago

A United States federal court recently used on-chain tech to lock criminals out of their crypto on the Jurat Network. Founder Mike Kanovitz admits the technology could see hate from crypto purists.

On-chain tool to seize crypto is a purist’s nightmare, but a must, says CEO

The founder of layer-1 blockchain Jurat has defended his protocol against potential haters, arguing that on-chain legal enforcement is a necessary trade-off for crypto mass adoption. ...

1 year ago

Launched in beta on Aug. 11, the platform allows users to tokenize their social network by buying and selling “shares” of their connections.

Friend.tech generates over $1M fees in 24h, surpassing Uniswap, Bitcoin networks

Friend.tech, a recently released decentralized social (DeSo) network, generated over $1 million in fees in 24 hours on Aug. 19, outperforming established players in the crypto ecosyste...

1 year ago

BitGo raised by far the most capital this week, though it didn’t reveal who put up the money

Crypto Funding: $158M week for layer-1 blockchains and a metaverse creator

Nine crypto companies raised a collective $158 million in fresh funding this week, with ZetaChain being a top performer among them. The blockchain developer put $27 million on th...

1 year ago