Decentralized mapping network company Hivemapper has raised $18 million in a Series A funding round. The post Hivemapper raises $18 million to create decentralized mapping network appeared first on The Block.
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Intel, the tech industry's largest semiconductor chip manufacturer by revenue, has launched a new application specific integrated circuity (ASIC) designed for mining proof-of-work blockchains that use SHA-256 encryption such as Bitcoin and Ethereum. Officially named as Blockscale, the new mining chip is reportedly designed for energy-efficient blockchain…
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The ongoing Ripple vs SEC saga continues, with the lawsuit filed against Ripple by the SEC for  allegedly trading the XRP token as an unlicensed security asset revealing the need for clearer regulation within the industry. Ripple’s Attorney has commented on recent developments, and predicted further lawsuits…
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Crypto offers a "level of excitement that the banks can’t," BlockTower Capital's Michael Bucella says The post The Crypto Hiring Boom Key for Mass Adoption appeared first on Blockworks.
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The deal for the institutional crypto platform has been renegotiated and is expected by year-end The post Awaiting US Listing, Galaxy Digital Delays Purchase of Crypto Platform BitGo appeared first on Blockworks.
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Bitcoin will eventually become a viable currency, according to Lummis The post Senators Warren, Lummis Divided on Digital Asset Value, Agree on Regulation appeared first on Blockworks.
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Fabio Panetta reveals that the EU needs to prioritize the acceptance of a digital euro in physical stores. He says the group aims to maintain high privacy standards to maintain users’ trust. As per Christine Lagarde’s statement last year, a digital euro can roll out in 2025.…
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Ripple gets more time to review SEC document redactions. Pundits expect a Ripple triumph. Gary Gensler’s SEC is yet to develop a working relationship with the crypto industry through clear regulations. Again, the back and forth in the legal battle between the SEC and Ripple continues. Ripple…
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Sheena Shah, lead cryptocurrency strategist at Morgan Stanley, in a podcast on Thursday, said cryptocurrencies could start to become a currency as it continues to challenge the dominance of the US Dollar. Crypto has begun a cycle of increased stability and popularity, as consumers and businesses continue…
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The interest in the virtual world has gained momentum since the latter half of 2021. The non-fungible tokens (NFTs) sales also spiked following the announcement of various projects. Considering many variable factors, Citi, an investment banking company, has projected that the Metaverse market could grow between $8…
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