Hut 8, U.S. Bitcoin Announce Mining Merger
Hut 8 Mining, a Canadian cryptocurrency mining company, has announced plans to merge with US Bitcoin to create Hut 8 Corp. In a statement on February 7, Hut 8 stated that the boards of directors of the two companies had unanimously accepted a binding agreement to combine the two mining companies into one new company […]
Lido Intends To Create Protocol Withdrawals
As the Ethereum community gets ready for the predicted Shanghai hard fork, the Lido development team has announced plans to create an in-protocol withdrawal option. The team is seeking community feedback on the withdrawal plan that will be put into place after the Shanghai renovation is complete. In terms of the total value locked, Lido, […]
Cryptocurrency community helps earthquake victims in Turkey
In Turkey, more than 40 blockchain organizations have signed a petition asking the government to establish official crypto wallets that will take donations. Haluk Levent, a Turkish music star, appeals to the cryptocurrency community for donations in support of those hurt by the tragic earthquake that struck the nation. A multi-signature wallet that supports BNB […]
Dubai establishes regulations for cryptocurrency companies
New rules that will act as an operational manual for crypto companies based in Dubai are about to be released by VARA. The apex regulatory body’s published rule book contains comprehensive specifications and operational guidelines for cyber security operations, while the other covers tasks including exchange services, issuance, custody, and advising roles. Dubai advances crypto […]
Revolut Digital Bank To Provide Crypto Staking
Polkadot (DOT), Tezos (XTZ), Cardano (ADA), and Ethereum (ETH) token staking will be supported by Revolut, with payouts reaching up to 11.65%. Revolut, a financial technology business with headquarters in London, has introduced a “crypto staking” option for its more than 25 million users, with an emphasis on those in the United Kingdom and the […]