Elon Musk’s X eyeing capital raise at $44B valuation: Report
The potential funding round could make early financial backers whole after Musk purchased Twitter for $44 billion in 2022.
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Ethereum Merge testing on Kiln mostly successful, save for one minor bug
"Post-merge blocks are being produced by validators, and they contain transactions!" said Ethereum developer Tim Beiko. 123 Total views 4 Total shares On Tuesday, Ethereum (ETH) developer Tim Beiko tweeted that Kiln successfully passed the Ethereum Merge, with validators producing post-merge blocks containing transactions. Kiln will be the last Merge testnet (formerly Ethereum 2.0) before…

Indian P2P Bitcoin Trading Flourishes Amid Regulatory Warming
Peer-to-peer Bitcoin trading is surging in India, with P2P crypto marketplace Paxful reporting significant increases in Indian volume and account registration. 352 Total views 36 Total shares Peer-to-peer Bitcoin (BTC) marketplace Paxful has reported significant increases in Indian trade volume as the country’s regulatory climate warms to crypto.Speaking to Cointelegraph, Paxful CEO Ray Youssef revealed…

Spanish stock exchange ready to test blockchain-based SME financing system
The Spanish stock exchange is moving forward with further tests of its planned blockchain-based system to finance small- and medium-scale enterprises. 1153 Total views 14 Total shares Spanish stock exchange Bolsas y Mercados Españoles, or BME is set to test its blockchain infrastructure for small- and medium-sized enterprise financing following a successful pilot run back…

Ethereum scaling solution Optimism upgrades governance structure
Optimism Foundation will launch a governance token called OP to govern protocol and network parameters, and incentivize adoption. 266 Total views 5 Total shares The Optimism Foundation has unveiled a new governance structure and token as part of its ongoing efforts to bring scalability and cost efficiency to Ethereum (ETH), the world’s largest smart contract…

Estonian IT company inks $26M crypto mining deal with Bitmain
Burfa intends to purchase new cryptocurrency mining equipment from Bitmain to boost its data-center capacity. 2999 Total views 8 Total shares Estonian technology conglomerate Burfa is turning to Bitmain to supply key cryptocurrency mining infrastructure to its Narva-based data center, offering a glimpse into the arms race underway for high-performance computing resources. The $26-million agreement will…

How Significant Is Blockchain in Internet of Things?
The spotlight was placed back on the Internet of Things (IoT) recently when Bosch, the multinational engineering and electronics company, tweeted on Nov. 12 about their Cross Domain Development Kit (XDK), a programmable sensor device and IoT prototyping platform, in partnership with IOTA.A number of definitions for IoT exist, of which Ernst and Young (EY)…

Bitcoin accumulation addresses near record 800K despite whale selling
Someone has been accumulating BTC throughout the 2022 Bitcoin bear market, and the trend shows no sign of reversing. 79 Total views 1 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTBitcoin (BTC) accumulation is nearing a new milestone this Christmas as redistribution of the BTC supply continues.Data from on-chain analytics firm Glassnode…

GameStop rises 18% after hours on reports it’s considering investing in Bitcoin
An unofficial GameStop Solana-based memecoin also saw a huge surge following speculation the retailer is considering adding crypto to its balance sheets.