ConsenSys, the blockchain company developing enterprise software on Ethereum, has raised $65 million in funding from mainstream financial giants like JPMorgan, Mastercard, and UBS. Other blockchain-focused venture capitals, including Alameda Research, Protocol Labs, the Maker Foundation, and a few others, also took part in the massive investment round. Tuesday’s announcement […]

Mike Colyer, CEO of Foundry Digital, a crypto mining subsidiary of Digital Currency Group, says that mining Bitcoin could eventually help the world transition to green energy.  Speaking at the Crypto Mining Forum online event today, Colyer said he believes that as major energy companies see the economic benefits of […]

Step Finance, a Solana-native decentralized finance protocol, announced the completion of a private token sale for $2 million, which will help build and develop its platform. The round, disclosed on Tuesday, saw participation from notable Solana backers including Alameda Research, the hedge fund known for launching and backing FTX and […]

Metapraxis announced on Tuesday that it has elevated Jacqueline de Rojas to Chair its Board of Directors, effective immediately. Finance Magnates recently discovered in a press release that Jacqueline de Rojas, CBE, a senior executive serving on the boards of many plc businesses, has been named Chair of the Board […]

The Ethereum network has recorded significant growth in the activity of users. This has been primarily due to the growing need for smart contracts and the buzz around DeFi. It seems that it might just be a matter of time before Binance Smart Chain (BSC) beats it in the number […]

Ether (ETH) surged to a new all-time high on Tuesday, with the next major update in its ongoing development — dubbed “Berlin” — scheduled for Wednesday, April 14. Ether’s price reached $2,228 on Tuesday, marking the highest dollar valuation the coin has achieved since its conception. The coin’s market capitalization […]

Cryptocurrency exchange platform and card issuer Crypto.com will be providing liquidity in a new partnership with Singapore-based hybrid liquidity aggregator Finxflo. In an announcement today, Crypto.com said it would be joining Finxflo as the firm’s first liquidity provider, reportedly allowing the exchange to increase its transaction volume and mitigate market […]

The Crypto Open Patent Alliance (COPA) announced it has filed a lawsuit in the High Court of Justice in England and Wales, to declare that Dr. Craig S. Wright is not the author of the 2008 Bitcoin white paper. But rather than putting a stop to Dr. Wright’s claims as […]

Pennsylvania software firm Integrated Ventures has announced the purchase of 4,800 Bitcoin (BTC) mining rigs from Chinese manufacturer Bitmain. The deal is worth just over $34 million and will see 400 of Bitmain’s Antminer model S19J’s delivered to Integrated Ventures each month for the next year. Integrated Ventures partnered with […]

Now that Beijing-based Bitmain Technologies Ltd. has settled the long-running civil war between its co-founder, the company has again refocused its ire on industry foe, MicroBT Technology Co. Ltd, in round two of their intellectual property dispute. Bitmain originally sued the Shenzhen-based rival and its CEO Yang Zuoxing in 2017 […]