Canada-based Bitfarms Purchases Additional 51,908 ASICs
Bitfarms, a Bitcoin miner based in Canada, on March 11 acquired a total of 51,908 ASICs, including 28,000 Bitmain T21 ASIC miners, 19,280 Bitmain T21 miners, 3,888 Bitmain S21 miners, and 740 Bitmain S21 hydro miners. President and CEO of Bitfarms, Geoff Morphy , stated that the organization had acquired additional miners “before expected hardware […]
Celo Blockchain Adds Support for Tether Stablecoin USDT
Tether continues to expand its USDT stablecoin across various blockchain networks, entering a strategic collaboration with the Celo network to facilitate feasible microtransactions. Tether USDT on Celo, a layer-1 network compatible with Ethereum Virtual Machines (EVM) and optimized for quick and inexpensive payments. Announcing the news to Cointelegraph on March 11, Tether noted that the […]
MicroStrategy Buys Additional 12,000 BTC Worth $800M
MicroStrategy has concluded a new convertible note offering worth $800 million. Funds from the offering were utilized to purchase an additional 12,000 BTC to add to its treasury reserve. The announcement of MicroStrategy’s intention to issue a fresh series of convertible notes coincided with Bitcoin’s ascent to a record high on March 6. On March […]
Elon Musk Declares Grok AI Open-Source
Elon Musk declared that xAI chatbot would make its artificial intelligence (AI) model Grok open source amidst the escalating lawsuit between its competitor OpenAI. Musk announced on March 11 via X that Grok will become open source beginning this week. Users largely praised Musk for making Grok open source even though he did not specify […]
LSE to Accept Bitcoin, Ethereum Exchange Traded Notes
The London Stock Exchange (LSE) announced it will begin accepting applications for Bitcoin and Ether crypto exchange-traded notes (ETNs) by the second quarter of 2024 the exchange. The exchange affirmed on March 11 that it would accept applications per the criteria outlined in its Crypto ETN Admission Factsheet. Nevertheless, the date the exchange will commence […]