Get your daily digest of crypto-asset and blockchain news – investigating the stories that pass under the radar of today’s crypto news.
- Oklo, a California-based company developing clean energy power plants, announced a 20-year business partnership with Mining compass, a US-based online marketplace for Bitcoin mining hardware and hosting (BTC), to introduce advanced nuclear fission to supplement fossil fuels and “promote the diversity and sustainability of energy sources used by minors “.
- Independent electricity producer Energy port said they have entered into a five-year partnership with a mining company’s hosting provider Standard power to supply electricity from its nuclear fleet to Standard Power’s new bitcoin mining center.
- China’s Anhui province plans to shut down all crypto mining projects over the next three years due to a power shortage, Bloomberg reported, citing hf365.com. The province will also curb new projects that require large amounts of energy or electricity consumption.
- Crypto mining and staking company Digital foundry announced that it has sold around 2,300 Whatsminer M30S mining machines to a bitcoin mining and power generation company Green coast. All of the machines were previously in use at the Greenidge carbon neutral bitcoin mining facility in upstate New York.
- Mining company BIT Mines Limited said it has entered into securities purchase agreements with anonymous institutional and accredited investors to raise $ 50 million in a private placement. The company intends to use the net proceeds of the private placement to acquire additional mining machinery, build new overseas data centers, expand its infrastructure and improve working capital.
News from the exchanges
- Metamorphose, founded in 2014, said it has started to dissolve its corporate structure, evolving into a community-owned and governed crypto platform. According to the team, their codebase and technology will be open source in the coming months. Additionally, the platform’s native token, FOX, “has been dumped to the most eligible recipients in crypto history.” “There are now over a million potential FOX holders who can choose to claim tokens,” ShapeShift said, adding that they had never sold these tokens and there had been no initial coin offering.
News about adoptions
- Starting crypto payments CryptoSpend will issue Visa cards that will allow their users to spend their BTC trading profits in shops and bars using existing payment terminals, the Financial Review reported.
- Blockchain-based travel booking platform Travala said its revenue for the second quarter of 2021 reached $ 9.8 million, including hotels, flights, operations and integration fees. This represents a growth of 141% compared to the previous quarter and a growth of 3.476% compared to the same period in 2020, they added.
- Trezor Suite, a new desktop application from SatoshiLabs, producer of the original hardware portfolio Trezor, is now online, the emailed press release says. It offers advanced privacy features and helps fight phishing attacks by providing isolation from cloned sites and malicious links, they claim. The suite offers the ability to buy, sell and trade cryptos with Invity.io, as well as an anonymous mode via Tor, among other features. CornerJoin, Bitcoin Full Node, Mobile App, and Recurring Purchase Crypto Savings Account are “coming soon”.
- Some of Madrid’s hippest restaurants now accept crypto-payment, Voz Populi reported. The outlet noted that among the restaurants and bars now accepting crypto-assets were high-end venues on Calle Ponzano, dubbed “Madrid’s hottest street” by Lonely Planet in 2019. The multi-site project is the result of a local tokenization initiative by the Spanish blockchain solidify 2gether.
- French regulators have proposed that the European Union oversee stricter rules on crypto-assets, as part of a comprehensive set of reforms aimed at strengthening financial regulation in Europe by giving more powers to European Securities and Markets Authority (ESMA). The French market regulator, the Financial Markets Authority (AMF), said that “if ESMA provides the power to directly oversee crypto-asset public offerings in the EU and crypto-asset service providers, it will create obvious economies of scale for all national supervisors and efficiently concentrate expertise, to the common European advantage.
- South Korean parliamentary committees are expected to examine the merits of the four crypto bills presented by MPs as private members’ bills. Hanguk Kyungjae says the bills will all be on the committee’s agenda next month and could be joined by a new regulator bill Financial Services Commission (FSC). The “stricter” of the bills proposes to apply the same rigid regulations that apply to South Korean crypto exchanges to all crypto-related companies based in the country, including those that deal with custody. cryptographic.
- Blockchain security specialist CertiK announced a $ 37 million Series B funding round co-led by Mantle management and Capital of Shunwei, with the participation of Coinbase Ventures. “Since closing $ 11 million in funding just under a year ago, CertiK has worked with over 600 new clients, which generated profitable revenues in the first half of 2021 that more than quadrupled revenues. of the year 2020, ”the company said without providing figures.
- Staking solutions provider ClayStack announced it has raised $ 5.2 million in seed funding co-led by CoinFund and ParaFi Capital. The funds will be used to create a platform that allows users to get the most out of their on-stake assets, no matter what ecosystem they find themselves in, with a public Alpha launch slated for Q3 2021.
- Crypto wallet Ghost said he raised $ 9 million in a Series A funding round led by Andreessen Horowitz (a16z). The team intends to use these funds to continue building their team, developing new platform features, and expanding to other blockchains.
- The number of Chinese provinces that have directly invested in blockchain technology through government spending is increasing, Caijing reported. A total of 33 regions have so far unveiled their own detailed plans to incentivize blockchain-related businesses, develop their own blockchain resources, and attract companies working in the sector to locate locally. One province even promised to award any local startup that enters the Chinese equivalent of the Fortune 500 or FTSE 100 with a cash reward worth around $ 2.7 million.