Crypto Biz: Riot increases Bitfarms stake in takeover strategy

On May 26, Tommaso Mancini-Griffoli, a representative from the International Monetary Fund, stated that moving forward, the best way to harness the potential of central bank digital currencies would be by fostering synthetic partnerships between the private and public sectors.Further expounding his views on the matter, the deputy division chief of the IMF’s monetary capital…

The Kiln testnet is the final public testing phase before the long-awaited Ethereum ‘Merge’ and the end of proof-of-work consensus. 501 Total views 9 Total shares The much-anticipated ‘Merge’ on the Ethereum network is another step closer to becoming a reality after the final public testnet Kiln launched to put it through its paces.On March…

Following the successful but imperfect launch of the Medalla testnet, the first community testnet for Ethereum 2.0, developers spoke on the issues and needed improvements highlighted by the event.In an Eth 2.0 Dev call held on Aug. 6, the network’s client developers discussed what initially went wrong.As Cointelegraph previously reported, it took some time for…

Fintech and blockchain developer Ant Financial, an affiliate of e-commerce giant Alibaba, has been ranked the fifth most valuable private firm in China.In an inaugural rankings report by Hurun, which is best known for compiling a rich list for China, Ant Financial is the top firm in its field and fifth largest in a ranking…

Stolen crypto from Atomic wallets is already on the move to mixers according to Elliptic. 591 Total views 1 Total shares Illicit funds gained from the $35 million Atomic Wallet hack have been moving to a crypto mixer known to be favored by North Korea’s most notorious cyber-hacking group.On June 5, blockchain compliance analytics firm…

Institutional adoption of Bitcoin in the European Union remains sluggish, even as the United States moves forward with landmark cryptocurrency regulations that seek to establish BTC as a national reserve asset. More than three weeks after President Donald Trump’s March 7 executive order outlined plans to use cryptocurrency seized in criminal cases to create a

The payments platform said PayPal USD will be “rolling out fully in the coming weeks” after announcing its launch on Venmo. 33 Total views 4 Total shares Major United States-based payment processor PayPal has announced its PYUSD stablecoin is now available on Venmo.In a Sept. 20 blog post, the payments firm said PayPal USD (PYUSD)