Digital currencies

Bit Digital Bitcoin Mining Company Releases the First Half 2020 Financial Results Announcing Over $10 Million Worth of Bitcoins Earned

Wednesday, October 28, 2020 - 1:00pm

NEW YORK, Oct. 28, 2020 /PRNewswire/ --Bit Digital, Inc. (Nasdaq: BTBT), the Nasdaq listed Bitcoin mining company headquartered in New York, released the first half 2020 financial results report at 9:00 EST on October 19, 2020.

Key Points: 
  • NEW YORK, Oct. 28, 2020 /PRNewswire/ --Bit Digital, Inc. (Nasdaq: BTBT), the Nasdaq listed Bitcoin mining company headquartered in New York, released the first half 2020 financial results report at 9:00 EST on October 19, 2020.
  • The report showed the Company has earned 949.51 bitcoins since its principal business shifted to bitcoin mining in February 2020.
  • Highlights from the first half 2020 financial results include as follows:
    1) Bit Digital (NASDAQ: BTBT) has reached 1250 PH/s of bitcoin hash rate capacity and ranked one of the largest Nasdaq listed bitcoin mining company in terms of the computer power.
  • 2) Bit Digital launched its bitcoin mining operation in February 2020.

Grayscale Investments Study Shows More than Half of U.S. Investor Survey Respondents Would Consider Investing in Bitcoin and 23% Already Have

Tuesday, October 27, 2020 - 1:00pm

New York, Oct. 27, 2020 (GLOBE NEWSWIRE) -- Grayscale Investments , the worlds largest digital currency asset manager, today released its 2020 Bitcoin Investor Survey, the firms second annual review of investor perceptions, interests, and reservations about investing in Bitcoin.

Key Points: 
  • New York, Oct. 27, 2020 (GLOBE NEWSWIRE) -- Grayscale Investments , the worlds largest digital currency asset manager, today released its 2020 Bitcoin Investor Survey, the firms second annual review of investor perceptions, interests, and reservations about investing in Bitcoin.
  • The survey also showed how 2020 impacted both existing and potential Bitcoin investors:
    Among all respondents, including those who werent interested in Bitcoin, 39% said COVID-19 made Bitcoin more appealing, while just 13% said it made Bitcoin less appealing
    This data makes it clear that investor interest in Bitcoin grew substantially in 2020.
  • Grayscale Investments commissioned this survey to better understand what motivates individuals to invest in Bitcoin, how the pandemic impacted interest in Bitcoin, and what headwinds still remain.
  • Grayscale Investments is the worlds largest digital currency asset manager, with more than $7.3B in assets under management as of October 23, 2020.

Infinito Wallet and Moonstake enable staking and investment tools for Cardano ADA community

Tuesday, October 27, 2020 - 9:00am

These include support for new Cardano blockchain upgrade, staking and trading features for ADA assets, as well as full wallet compatibility with Daedalus and Yoroi Wallet by allowing users to import 24-word and 15-word passphrase, respectively into Infinito Wallet.

Key Points: 
  • These include support for new Cardano blockchain upgrade, staking and trading features for ADA assets, as well as full wallet compatibility with Daedalus and Yoroi Wallet by allowing users to import 24-word and 15-word passphrase, respectively into Infinito Wallet.
  • Starting from September 2018, through a strong collaboration with IOHK, Infinito Wallet has been one of the first mobile wallets supporting ADA.
  • Just last month, Infinito Wallet has engaged in a strategic partnership with Moonstake, builder of Asia's Biggest Staking Network to enhance the staking Ecosystem and Defi projects.
  • Starting today, Infinito Wallet users can easily earn staking rewards from ADA Moonstake pool in a few clicks.

LibertyX adds the ability to sell bitcoin for cash at thousands of ATMs nationwide

Monday, October 26, 2020 - 5:23pm

Today, we are pleased to announce the ability to sell bitcoin and withdraw cash across our network of participating ATMs.

Key Points: 
  • Today, we are pleased to announce the ability to sell bitcoin and withdraw cash across our network of participating ATMs.
  • There are almost 15,000 bitcoin ATMs across the U.S., but fewer than 2,000 allow consumers to sell bitcoin for cash.
  • Our 'cash-out' product deployed across 5,000 ATMs triples the number of bitcoin ATMs where consumers can sell bitcoin furthering our mission of putting bitcoin on every block.
  • LibertyX partners with independent ATM operators who own and manage over 100,000 ATMs in the U.S. A simple and free software update from LibertyX adds the ability to both buy and sell bitcoin to existing ATMs.

Marathon Patent Group Announces Purchase of Additional 10,000 S-19 Pro Miners from Bitmain

Monday, October 26, 2020 - 12:15pm

LAS VEGAS, Oct. 26, 2020 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ: MARA ) ("Marathon" or "Company"), the largest publicly traded Bitcoin self-mining companies in North America, today announced that it has entered into a contract with Bitmain to purchase an additional 10,000 next generationAntminer S-19 Pro ASIC Miners.

Key Points: 
  • LAS VEGAS, Oct. 26, 2020 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ: MARA ) ("Marathon" or "Company"), the largest publicly traded Bitcoin self-mining companies in North America, today announced that it has entered into a contract with Bitmain to purchase an additional 10,000 next generationAntminer S-19 Pro ASIC Miners.
  • 500 additional S-19 Pro Miners will arrive at Marathons Hardin MT facility in November 2020.
  • The delivery of these new 10,000 S-19 Pro miners is scheduled to begin in January 2021 and will be completed by March 2021.
  • These new 10,000 miners are expected to all be deployed in Q1, three months earlier than our last purchase.

Huobi Token Burnt 3.94 Million in September

Monday, October 26, 2020 - 10:42am

The circulating deflation rate for the month is about: 1.3 % (Note: circulating deflation rate = the total number of 394.06 million HT burnt in the current period * (15% / 20%) / 2199.337 million HT in circulation in the previous period).

Key Points: 
  • The circulating deflation rate for the month is about: 1.3 % (Note: circulating deflation rate = the total number of 394.06 million HT burnt in the current period * (15% / 20%) / 2199.337 million HT in circulation in the previous period).
  • As of October 14, Huobi Global has launched 6 types of coin mining campaign, 6 types of DeFi liquidity mining campaign.
  • 63 million worth of HT has participated in the campaigns and Huobi has distributed over 6.65 million worth of USDT reward to participants.
  • On September 27, Huobi Chain and other 7 public chains became the first 8 underlying framework parties to join the BSN Open Alliance Chain.

HYVE joins Bithumb Global Learning Program, Season 9 & Opens Competitions for Traders

Monday, October 26, 2020 - 10:00am

Bithumb Global will be the first exchange to have the HYVE token listed.

Key Points: 
  • Bithumb Global will be the first exchange to have the HYVE token listed.
  • Bithumb Global features tighter security measures, a low latency order matching engine with proprietary technology and advanced algorithms, plus a friendlier user interface.
  • Bithumb facilitates 59.19% of the entire Korean Bitcoin transaction volume and accounts for approximately 15% of the global market, counting over 8 million registered users.
  • Bithumb has now launched its spinoff, Bithumb Global, to connect liquidity and market potential to the rest of the world.

When Choosing White Label Crypto Wallet Developer, Creators of BancKED Recommend Businesses "Do their Homework"

Friday, October 23, 2020 - 12:00pm

BancKED is a crypto wallet white label program that provides secure access to cryptocurrencies, FIAT conversion, prepaid cards and interactive functions and features.

Key Points: 
  • BancKED is a crypto wallet white label program that provides secure access to cryptocurrencies, FIAT conversion, prepaid cards and interactive functions and features.
  • "A crypto wallet is the user's digital identity to the cryptocurrency market and so it is essential to protect that.
  • Not emphasizing security in a crypto white label program opens the door to coin theft, fraudulent transactions and breach of personal information," explained Steven Foster, Founder, KBL.
  • Foster shared his Top 5 considerations when choosing a partner to setup and manage a branded crypto wallet:
    1.

Bixin Ventures Announces $100M Proprietary Capital Fund to Support Global Blockchain Ecosystem

Thursday, October 22, 2020 - 2:00pm

HONG KONG, Oct 22, 2020 - (ACN Newswire) - Bixin Ventures has launched a $100 million proprietary capital fund to support the global blockchain ecosystem and infrastructure necessary for the future of open finance through a permissionless and decentralized network.

Key Points: 
  • HONG KONG, Oct 22, 2020 - (ACN Newswire) - Bixin Ventures has launched a $100 million proprietary capital fund to support the global blockchain ecosystem and infrastructure necessary for the future of open finance through a permissionless and decentralized network.
  • Earlier in 2020, Bixin Ventures announced a $66 million proprietary fund of funds enabling hedge funds and liquidity providers to strengthen the global liquidity framework in Bitcoin markets, with qualifying fund recipients satisfying fully denominated BTC criteria.
  • Our investment team is working alongside the founders to provide guidance and expertise for growth in Asia," said Wang Xi, partner at Bixin Ventures.
  • Bixin aims to solve long standing issues, create long term value and provide long term support for the Bitcoin ecosystem.

Canadian Crypto Exchange NDAX brings Stablecoins & DeFi to Canada

Thursday, October 22, 2020 - 2:45pm

NDAX now offers the largest basket of CAD to Crypto pairs available to Canadian users.

Key Points: 
  • NDAX now offers the largest basket of CAD to Crypto pairs available to Canadian users.
  • "2020 has shaped up to be the year of institutional adoption of Bitcoin, Stablecoins, and decentralized finance," Bilal Hammoud, President, CEO, and Founder of NDAX said.
  • Headquartered in Calgary, Alberta, NDAX has quickly grown to be one of the top Canadian cryptocurrency trading platforms.
  • To learn how to buy Bitcoin in Canada, visit NDAX
    SOURCE National Digital Asset Exchange Inc.