Bitcoin Miner Riot Blockchain acquires ESS Metron
To buy ESS Metron, Riot Blockchain paid $25 million in cash, with the remaining $25 million made up of up to 715,413 Riot shares One of the largest cryptocurrency mining businesses in the United States paid $50 million for Ferrie Franzmann Industries (formerly known as ESS Metron), a producer of electrical equipment. As a result, […]
Miami taps PlanetWatch and Algorand to monitor air pollution
Miami has enlisted the help of PlanetWatch and Algorand to install a network of air quality sensors around the city to track pollution levels. Miami is poised to be one of the first major US cities to use a decentralized Internet of Things (IoT) network based on Algorand to monitor air quality. Planetwatch, a French […]
Fed is ‘violating the law’ with Wyoming blockchain bank delays says Lummis
Wyoming’s Republican senator, Cynthia Lummis has called on her colleagues to vote against Fed Chairperson Jay Powell. Senator Cynthia Lummis of Wyoming, a Republican, claims the Federal Reserve is “violating the law” by delaying the processing of applications from crypto-native banks to open accounts with the central bank. Lummis alleged in a Wall Street Journal […]
Blockchain.com acquires SeSocio to strengthen its footprint in Latin America
SeSocio’s staff will join Blockchain.com, boosting the total number of employees to 400. Blockchain.com , a prominent cryptocurrency wallet and data provider, has acquired SeSocio, a big crypto firm located in Argentina, as part of its Latin American expansion. SeSocio, one of Latin America‘s largest investment platforms, will now unite with Blockchain.com to assist them […]
Iran launches new crypto and blockchain association
Iran’s crypto and blockchain association has begun operations under the auspices of the country’s chamber of commerce. The organization’s leadership intends to help its members overcome challenges while also supporting the adoption of blockchain technology in the sanctioned country’s economy. According to the English-language business newspaper Financial Tribune, the newly-established Iran Blockchain and Cryptocurrency Association […]