Crypto News Cast 📮 18-05-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
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⚠️Bitcoin Dom: 44.50%
📌Active Coins: 4536
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💲24h Vol: $80 B
Crypto News Updates :
- Vitalik Buterin May Have Given The Dogecoin Foundation $1 Million In Ethereum
- Mawson Bitcoin Miner, Wants To Build New Bitcoin Mining Site In Texas
- Crypto Lender, Celsius Plans To Go Public With Its Mining Business
- Twitch’s Co-founder Gets $24 Million For Metatheory, Web-based Gaming Firm
- Despite The Crypto Ban, China Is Still The Second-Largest Bitcoin Mining Country
- Accounting Firm, EY Introduces A Supply Chain Tracking Tool On Polygon Nightfall
- Coinbase Launches Web3 Mobile DApp With DeFi Wallet And Browse
- As The Merge Event Comes Close, Cloudflare Is To Run Ethereum Nodes
- Robinhood Is Developing An Ethereum Wallet, Having DeFi And NFT Trading
- B3, A Brazilian Stock Exchange Will Start Trading Bitcoin Futures This Year
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– Vitalik Buterin May Have Given The Dogecoin Foundation $1 Million In Ethereum
Following reports of ETH co-founder and frontman Vitalik Buterin purportedly contributing $1 million to the Dogecoin Foundation, Gokhshtein Media founder David Gokhshtein took to Twitter to discuss his new expectations for Vitalik Buterin and Dogecoin. Matt Wallace, a Dogecoin investor, informed everyone about Vitalik’s donation. Buterin became an advisor to the Dogecoin Foundation’s board of directors last year. Read Full on U.Today.
– Mawson Bitcoin Miner, Wants To Build New Bitcoin Mining Site In Texas
Mawson Infrastructure (MIGI), a bitcoin miner, has announced plans to build a new 120 megawatt (MW) plant in Texas, which it expects to be fully operational by Q4. The construction of the site is planned to begin this quarter. Mawson is seeking to secure the power purchase agreements needed to start the facility, and will use carbon credits and renewable energy credits, as well as curtailment programs, to assure grid load management. Read Full on coindesk.
– Crypto Lender, Celsius Plans To Go Public With Its Mining Business
Celsius Network, one of the world’s largest crypto lending firms, announced that its wholly-owned Bitcoin mining subsidiary, Celsius Mining LLC, has filed a Form S-1 with the US Securities and Exchange Commission, suggesting that it intends to go public. Companies utilize Form S-1 to register securities with the SEC prior to an Initial Public Offering. Companies should expect to take six to nine months to become public after filing the S-1 form.Read Full on Crypto Briefing.
– Twitch’s Co-founder Gets $24 Million For Metatheory, Web-based Gaming Firm
Metatheory, a Web3 game and entertainment firm, has raised $24 million in a round led by Andreesen Horowitz and including Pantera Capital, FTX Ventures, Dragonfly Capital, and others. Metatheory is currently working on DuskBreakers, a sci-fi franchise with two minigames, which was founded by Twitch Co-Founder Kevin Lin. The “DuskBreakers” concept from Metatheory aspires to be a multi-platform sci-fi property with NFTs, games, and comics.Read Full on Decrypt.
– Despite The Crypto Ban, China Is Still The Second-Largest Bitcoin Mining Country
China was previously the world’s greatest Bitcoin mining country, with over 75% of local BTC hash rate power in 2019. But due to a series of crypto mining farm shutdowns throughout the country, the hash rate dropped to 0% in August 2021. As of early 2022, bitcoin miners in China accounted for 21.1 percent of the overall global BTC mining hash rate distribution, second only to the United States (37.8%). Read Full on cointelegraph.
– Accounting Firm, EY Introduces A Supply Chain Tracking Tool On Polygon Nightfall
EY, One of the Top Four accounting firms, has created OpsChain Supply Chain Manager, a supply chain tracking solution built on Nightfall, a Layer 2 Ethereum blockchain developed in collaboration with Polygon. On Nightfall, OpsChain allows enterprises to produce fungible and non-fungible tokens (NFTs). Data and transactions generated by OpsChain users will be cheaper and faster because they take place on a layer above the regular Ethereum network.Read Full on theblockcrypto.
– Coinbase Launches Web3 Mobile DApp With DeFi Wallet And Browser
Coinbase, America’s largest cryptocurrency exchange, has launched Web3 mobile application capabilities, including a hot wallet and browser, available to a select group of its mobile app customers. Select users will be able to use the app to access Ethereum-based decentralized applications (DApps). The Coinbase hot wallet will be co-custodial, which means it will be able to hold the wallet’s private key and will be individually stored by the user. Read Full on cointelegraph.
– As The Merge Event Comes Close, Cloudflare Is To Run Ethereum Nodes
Cloudflare, an internet security company, has revealed plans to run and fully stake Ethereum validator nodes in the coming months. Cloudflare claims that its Ethereum validator nodes will be used as a test bed for energy efficiency, consistency management, and network speed research. Anyone can become an Ethereum validator node and earn incentives for validating new blocks for the network. Read Full on Decrypt.
– Robinhood Is Developing An Ethereum Wallet, Having DeFi And NFT Trading
Robinhood is already in the process of distributing wallets to millions of customers, but those wallets, known as custodial wallets, will be controlled by Robinhood on the backend. It will allow users to trade and swap crypto with no network costs and also access DeFi services and store NFTs. Users will have complete control over the new product, but they will also be responsible for managing their own private keys.Read Full on Decrypt.
– B3, A Brazilian Stock Exchange Will Start Trading Bitcoin Futures This Year
Within the next three to six months, the Brazilian stock market B3 (Brasil, Bolsa, Balco) will begin trading bitcoin futures contracts. No information was provided on whether B3 had product collaborations in place or if another firm would be providing infrastructure. B3’s director of information technology, Jochen Mielke de Lima, mentioned facilitating and standardizing over 30 national Crypto broker operations. Read Full on Bitcoin Magazine.
