The Catawba Nation, a sovereign federally recognized tribal government, has established the Catawba Digital Economic Zone (CDEZ), a special jurisdiction within the Catawba Reservation in South Carolina, aimed at empowering emerging digital technology companies, including Bitcoin companies. The CDEZ has recently achieved a significant milestone with the enactment of the Banking and Financial Services Code, […]
Uncertainty Returns After BitGo Cancels Prime Trust Acquisition
BitGo’s plans to acquire Prime Trust, a prominent custody firm, have taken an unexpected turn as BitGo recently announced on Twitter the cancellation of the acquisition. The initial announcement had generated excitement within the industry, as the consolidation of these two major custodians was expected to have a significant impact on the industry landscape. In […]
Algorand releases new protocol upgrade delivering quicker performance
Algorand (ALGO) has delivered a protocol upgrade to cut block confirmation times to approximately 3.3 seconds, boosting network performance that reduces block confirmation times to approximately 3.3 seconds, significantly improving network performance. Block time refers to the time miners or validators take to verify a transaction and produce a new block. This is a factor […]
Bitcoin mining heats water in Brooklyn Bathhouse, users flip out
The post Bitcoin mining heats water in Brooklyn Bathhouse, users flip out appeared on BitcoinEthereumNews.com. A bathhouse in Brooklyn, New York, has left users on Instagram and Twitter divided after it revealed that it is using Bitcoin (BTC) mining rigs to heat its spa. Bathhouse…
JPMorgan’s blockchain project expands to include euro-denominated payments
The post JPMorgan’s blockchain project expands to include euro-denominated payments appeared on BitcoinEthereumNews.com. JPMorgan launched the JPM Coin, a live blockchain application aiming to provide an alternative payment rail running on blockchain, in 2019. JPM Coin is part of JPMorgan’s blockchain-based platform known…
Crypto scammers and the need for tools to prevent theft: World Token Summit
Matthias Mende said while it’s very unfortunate, there are a lot of bad actors using social media who are constantly trying to bring harm to others.
El Salvador’s Bitcoin City and Airport Construction Move Forward, Igniting Controversy
The post El Salvador’s Bitcoin City and Airport Construction Move Forward, Igniting Controversy appeared on BitcoinEthereumNews.com. In an exciting development for cryptocurrency enthusiasts, reports from Criptonoticias and other domestic media outlets have confirmed that constructing an airport in El Salvador is moving forward with the ambitious…
Crypto.com Makes Strides in Spain: VASP Registration Confirmed
Despite facing regulatory scrutiny worldwide, the cryptocurrency industry continues its expansion efforts. Crypto.com is among the companies actively pursuing growth opportunities, with Spain becoming its latest target. In a recent blog update, the exchange revealed that it has successfully acquired a VASP registration from the Bank of Spain. This registration empowers this platform to conduct […]
Bitcoin mining heats water in Brooklyn Bathhouse, users flip out
The impact of Bitcoin mining on the environment remains a significant concern, leading to unfavorable responses from many due to its documented effects.
JPMorgan’s blockchain project expands to include euro-denominated payments
JPMorgan launched the JPM Coin, a live blockchain application aiming to provide an alternative payment rail running on blockchain, in 2019. JPM Coin is part of JPMorgan’s blockchain-based platform known as Onyx Coin Systems. Germany’s conglomerate Siemens AG is the first company to process euro-denominated payments on the blockchain. According to a Bloomberg report, JPMorgan […]