DCG’s Foundry will colocate 14,000 bitcoin mining machines in U.S. with focus on institutional buyers
Foundry, the mining subsidiary of Digital Currency Group, has said it's partnering with a U.S. mining farm to colocate 14,000 bitcoin ASIC miner — a move that will focus in part on institutional buyers.  On Wednesday, Foundry said it will supply 14,000 WhatsMiner M30S units it procured from Shenz...
Billionaire investor Howard Marks’ son owns ‘a meaningful amount’ of bitcoin for family
Billionaire investor Howard Marks has said that his son Andrew owns "a meaningful amount" of bitcoin for the family. Revealing the news in the latest client memo published Monday, Marks said despite Andrew's bitcoin investment, his skeptical view on crypto has not changed yet. "The natural state for...
The Block Research 2021 Analyst Call – Video Recording and Slides
Each month The Block Research hosts a private analyst call for its research members. To kick off the new year, we opened the call publicly for the first time. The call explored key takeaways from The Block's 2021 Digital Asset Outlook Report and an open Q&A section. Topics included: State of t...
Brian Brooks says ‘antiquated rules’ need updates for a future of DeFi and software-based banks
Acting Comptroller of the Currency Brian Brooks believes regulators need to re-think banking regulations in light of the emergence of decentralized finance (DeFi) applications and use cases. A time in which some banks are entirely composed of software is on the horizon, according to Brooks, and regu...
Former CFTC chair Gary Gensler to be named head of SEC by Joe Biden: report
Gary Gensler, the former Obama-era chairman of the Commodity Futures Trading Commission, is reportedly set to be named as chairman of the Securities and Exchange Commission for the incoming Biden administration. Citing sources with knowledge of the process, Reuters said that the nomination will happ...
Poolin rolls out ‘hash rate token’ to bridge bitcoin mining and DeFi
Poolin, the second-largest bitcoin mining pool, has launched an ERC-20 token backed by its bitcoin hash rate capacity in an effort to bridge proof-of-work (PoW) mining and yield farming. The token is called pBTC35A. As the name suggests, each unit represents 1 terahash second (TH/s) of hashing power...
With bitcoin mooning and surpassing all of its previously-set records, people worldwide are rushing to obtain profits. Miners are also keen on solving the proof-of-work problem in exchange for a chance to add the next block and reap their bitcoin reward. What if there was a better way to profit ...
Walmart unveils new fintech startup in partnership with Ribbit Capital
Mega-retailer Walmart has founded a financial services-focused fintech startup alongside Ribbit Capital, an investor of fintech firms, according to a Monday announcement. The as-yet-unnamed startup will be centered around "modern, innovative and affordable financial solutions," according to a press ...
Kentucky lawmakers propose tax incentives to draw in bitcoin miners
A pair of Kentucky lawmakers submitted a bill last week that aims to make the U.S. state a more attractive location for miners of bitcoin and other cryptocurrencies. The measure — entitled "AN ACT relating to the taxation of the commercial mining of cryptocurrency" — was submitted by State Represent...
UK regulator tells unregistered crypto firms to shut down
The Financial Conduct Authority has told unregistered crypto firms to close down and return funds to investors, in line with a schedule laid out by the regulator at the start of 2020. On January 8, the UK watchdog warned that crypto businesses that had not applied to register with the FCA by Decembe...

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