Senator Cruz predicts that Bitcoin mining will be used to capture wasted renewables and Texas’ power grid within five years.
Inigo Vaca
Texas should use Bitcoin mining to capture wasted natural gas: Sen. Ted Cruz Institutions buying Bitcoin rather than gold as inflation cranks up: JPMorgan According to JPMorgan, this week’s rally has been driven by institutional investors hedging against inflation with Bitcoin.
MoneyGram launches USDC settlement using the Stellar blockchain The partnership will enable MoneyGram customers to fund and withdraw from their accounts using the USDC stablecoin at physical branches.
Thailand’s tourism authority is considering creating its own utility token The proposed TAT Coin will enable tourism operators to cash in on the popularity of cryptocurrencies.
Another Ethereum mining pool forced to close due to China crackdown BeePool, the fourth-largest Ethereum mining pool will shut down operations following Beijing’s anti-crypto posture.
Northern Data to obtain 33K ASIC miners through Bitfield acquisition Northern Data believes the acquisition will position it as a leading mining firm globally.
Facebook announces $50M investment fund tasked with developing its virtual metaverse Facebook has slated $50 million to be spent over the next two years through its XR Programs and Research Fund.
Aussie crypto fund manager sentenced to 7 years for stealing $54M from investors A fund manager has been sentenced to more than seven years in prison for operating a Ponzi scheme that cheated investors out of $54 million.
Ark Invest to split ‘60% Bitcoin, 40% Ether’ as confidence in ETH grows ‘dramatically’ The CEO of Ark Invest believes Ethereum’s development is promising and Bitcoin’s value will continue to rise as more companies and institutions adopt the cryptocurrency.
EY selects Polygon to scale its enterprise blockchain products on Ethereum EY is integrating its blockchain products with Polygon to mitigate the high fees and congestion associated with transacting on the Ethereum mainnet for its enterprise clients.
Bitcoin miner Greenidge set for Nasdaq listing through merger The merger is expected to push through as of market close on Sept. 14, with Greenidge slated to begin trading on the NASDAQ the following day.
Play-to-earn gold rush as Crypto Gaming Guild and Zebedee raise millions from VCs Play-to-earn is booming, with startups Crypto Gaming United and Zebedee closing funding rounds of $5 million and $11.5 million, respectively.
Cardano founder says crypto will be vital to Afghani fight against Taliban Afghans will leverage crypto assets as a store of value and to preserve financial privacy amid the Taliban’s dramatic insurgence, predicts Charles Hoskinson.
Dogecoin Foundation demands copycat meme coin ‘Dogecoin 2.0’ change its name Fresh-faced meme coin Dogecoin 2.0 has ruffled the feathers of the Dogecoin Foundation with its name.
23yo Venezuelan allegedly steals $1M in BTC from clients after faked abduction The 23-year-old is wanted by the police after allegedly faking his own kidnapping and stealing his clients’ funds.
Turkish prosecutors investigate alleged $119M Dogecoin mining scam Unwitting DOGE investors were promised attractive returns of 100% in just 40 days in exchange for depositing their money.