Bitfarms increases its Bitcoin holdings by 30% purchasing 1000 additional Bitcoin
Bitfarms, a Canadian crypto mining company, has already purchased 1,000 Bitcoin in 2022. The company’s strategy is to accumulate the most Bitcoin for the lowest cost and in the fastest amount of time for the benefit of its shareholders. Bitfarms claimed in a Monday announcement that it bought 1,000 Bitcoin (BTC) for $43.2 million in […]
Legal expert claims UAE regulators pave way for crypto and blockchain adoption
While many nations simply prohibit Bitcoin (BTC) and other digital assets, the UAE is adopting a different approach. The government has been steadily implementing its ambition of becoming a blockchain capital by establishing frameworks to instruct crypto enterprises on how to comply with the rules. UAE’s crypto and blockchain adoption move The Securities and Commodities […]
FTX Pushes SHIB Down from #1 Spot as Largest Holding Among Whales
FTX defeats Shiba Inu for the #1 spot as the biggest token position among whales. FTX Flips Shiba Inu as Biggest Token Position Among Whales According to data from the WhaleStats analytics platform, FTX has flipped Shiba Inu to become the largest token position in USD. SHIB had previously held the coveted distinction of being the largest […]
Bahrain’s central bank pilots JPMorgan’s blockchain and token
Bahrain is the latest country to test JPMorgan’s blockchain technology. Onyx, a blockchain and cryptocurrency arm of JPMorgan , has successfully completed a digital payments test with the Central Bank of Bahrain (CBB). Bahrain’s successful test The trial also included two other key organizations, the Manama-based international bank ABC and Bahrain’s national aluminium smelter Aluminium Bahrain, or Alba. The bank ABC was able to conduct […]