adminBitfury pivots to launch $1B tech fund after 14 years of mining Bitcoin
In recent developments, bitcoin miner Bitfury started up in 2011, but has now pivoted to tech investing and will pour $1 billion into ethical AI and crypto startups. Looking closer,…
US won’t start Bitcoin reserve until other countries do: Mike Alfred
In recent developments, the US government will start buying Bitcoin for its strategic reserve when there is “enough pressure externally,” says crypto entrepreneur Mike Alfred. Looking closer, market participants highlight…
Kraken bags $800M for expansion plans at $20B valuation
In recent developments, crypto exchange Kraken has raised $800 million across two funding rounds, which boosted its valuation to $20 billion. The development has drawn attention from traders and analysts…
Canaan stock surges as Q3 revenue doubles on Bitcoin miner demand
In recent developments, shares in Canaan jumped 20% on Tuesday as the Bitcoin mining hardware maker reported its third-quarter revenues doubled from last year. Looking closer, market participants highlight key…
Cloudflare blames database error for outage that took down 20% of the internet
In recent developments, cloudflare says a bug in its Bot Management System crashed 20% of webpages on Tuesday, including some of the crypto industry’s biggest websites. Looking closer, market participants…
Bitfury pivots to launch $1B tech fund after 14 years of mining Bitcoin
In recent developments, bitcoin miner Bitfury started up in 2011, but has now pivoted to tech investing and will pour $1 billion into ethical AI and crypto startups. Looking closer,…
Bitcoin’s November average gains based on ‘skewed’ numbers: Analysts
In recent developments, bitcoin has gained on average in November, but that figure is “skewed” and market participants shouldn’t always rely on it, a crypto executive says. Looking closer, market…
Canaan stock surges as Q3 revenue doubles on Bitcoin miner demand
In recent developments, shares in Canaan jumped 20% on Tuesday as the Bitcoin mining hardware maker reported its third-quarter revenues doubled from last year. Looking closer, market participants highlight key…
US won’t start Bitcoin reserve until other countries do: Mike Alfred
In recent developments, the US government will start buying Bitcoin for its strategic reserve when there is “enough pressure externally,” says crypto entrepreneur Mike Alfred. Looking closer, market participants highlight…
Kraken bags $800M for expansion plans at $20B valuation
In recent developments, crypto exchange Kraken has raised $800 million across two funding rounds, which boosted its valuation to $20 billion. The development has drawn attention from traders and analysts…