Radicle, a peer-to-peer platform for coding collaboration, announced Thursday the launch of a governance token on the heels of a $12 million fundraise. Led by NFX and Galaxy Digital, the fundraise is the project's third round of financing. Other investors include Placeholder, Naval Ravikant, Balaji ...
Graphics card maker Nvidia unveiled a new processor chip dedicated to Ethereum mining on Thursday -- while also moving to render one of its top-shelf GPUs less useful for the process. Dubbed the Cryptocurrency Mining Processor or CMP, the product is specifically designed for use by miners who might ...
Billionaire Jeffrey Gundlach, the founder of investment firm DoubleLine Capital and a long-time gold bull, now considers bitcoin a better asset. "Bitcoin maybe The Stimulus Asset. Doesn't look like gold is," Gundlach tweeted Thursday. The investor had been a long-term dollar bear and gold bull but h...
Chinese bitcoin miner manufacturer Ebang has raised $70 million in a follow-on public offering (FPO) that closed on Wednesday. As part of the offering, the Nasdaq-listed company sold 14 million units at $5 per unit. Each unit consists of one class A ordinary share of Ebang and one warrant to purchas...
Privacy-oriented Brave browser's Swag Store now sells non-fungible tokens (NFTs), or digital collectibles that are tokenized on blockchain. Brave has partnered with Origin Protocol for the initiative, which powers its store via decentralized e-commerce marketplace Dshop since April last year. The ex...
The canton of Zug, one of the Swiss Confederation member states, has begun accepting bitcoin (BTC) and ether (ETH) for tax payments after initially announcing support last September. Kanton Zug has partnered with Bitcoin Suisse for the initiative, meaning the Swiss crypto firm will convert residents...
The Sand Dollar, a digital currency issued by The Bahamas' central bank, is at the center of a new prepaid card arrangement involving Mastercard. Mastercard published details of the set-up on Wednesday, which involves mobile payments service provider Island Pay in addition to the central bank. Maste...
CME completed its first full week of ether futures trading last Friday, and it nearly sustained the volume of its opening day. Over the course of the week, an average of 371 contracts was traded each day at 50 ETH per contract. That's about 18,600 ETH or $34 million. Monday's volume was 19,400 ETH o...
Russia's State Duma, the lower house of the country's legislature, has approved a new bill that will recognize digital currencies as property for tax purposes, according to a report by news outlet RIA Novosti. According to the report, as Prime Minister Mikhail Mishutin explained, the proposal will a...
Coinbase, the U.S.-based crypto exchange, has been helping large companies invest in bitcoin. The Block has learned that Tesla is among Coinbase's deep-pocketed corporate clientele. Tesla made headlines earlier this month when it revealed a $1.5 billion bitcoin investment, disclosing in an annual re...

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