Bitcoin price 'carnage' comes as gold hits new all-time high

CEO Merrick Okamoto said the crypto purchase would help make Marathon an appealing choice to investors seeking "exposure to this new asset class." 1466 Total views 10 Total shares Nevada-based crypto mining firm Marathon Patent Group has invested $150 million in Bitcoin as a reserve asset.Marathon announced today that it has purchased more than 4,812…

Indian government is “evaluating” the possibility of issuing a state-backed cryptocurrency, sources have told local news outlet Quartz India on Wednesday, Oct. 10.An unnamed “senior official” has told Quartz that the government has set up a panel that will discuss questions regarding cryptocurrencies and blockchain. While, according to Quartz’s source, the government is looking to…

A state-the-art nuclear bunker in the Swiss Alps is being used to safeguard Bitcoin.

The mining firm said it aims to have a hashing capacity of 28 MW at the Alabama facility by the fourth quarter, and 55 MW by the second quarter of 2023. 149 Total views 19 Total shares Digihost, a United States-based cryptocurrency mining company, has announced plans to move part of its fleet from New…

Every Salvadoran adult who downloads the government’s Bitcoin wallet app will be eligible for an airdrop of $30 worth of BTC. 1515 Total views 3 Total shares The president of El Salvador  has announced the government will airdrop $30 worth of Bitcon (BTC) to every adult citizen of the country.The announcement was welcomed by Bitcoiners,…

This winter has been a long one for the crypto industry, but it will come to an end. While many believe that warmer months are on the horizon––especially given the rising crypto prices and NFT sales volumes we witnessed early this year––we still remain in a state of uncertainty. To survive the remainder of this…

The government of Kazakhstan shut down the internet after the cabinet resigned amid major anti-government protests. 1269 Total views 25 Total shares Kazakhstan, which boasts the second-largest (BTC) mining hash rate in the world, is experiencing major internet disruptions amid local anti-government protests.Network data provider NetBlocks reported Wednesday that Kazakhstan was “in the midst of…

Facebook has started advertising for a head of data science to work on its Calibra wallet, a recent job posting shows.According to the tech giant’s vacancy, it is looking for an “experienced analytics leader” who can use data to drive insights, shape the wallet’s future direction, and measure product success.Understanding how users interact with the product and…

Bitkraft’s new $75 million token fund has already closed investments in six different projects. 268 Total views 15 Total shares E-sports investment platform Bitkraft VC has established a $75 million token fund for investing in blockchain gaming and digital entertainment.The fund uses a “stage-agnostic” strategy, meaning that it will put money in companies and startups…