Brian Brooks, former head of the OCC and now board member of blockchain technology company Bitfury, says the recent crackdown by regulators on three crypto-friendly banks appears to be a coordinated effort and what some are dubbing “Operation Choke Point 2.0”
Critic of Bitcoin’s ‘one-percenters’ still positive about future of digital assets
A financial professor is skeptical about Bitcoin’s design but is still very much involved in crypto research and is bullish about the future of digital assets.
Georgia crypto mining’s potential: What’s driving growth in the industry?
A combination of laissez-faire factors has created a beneficial environment for cryptocurrency mining in Georgia.
Georgia punches well above its weight for Bitcoin mining: Report
The tiny population of Georgia is a dark horse for Bitcoin mining, contributing close to 1% of the industry’s total hash rate, according to a report by Arcane research.
Crypto in the House: Execs on the march, US partisan politics and Web3
A largely proclaimatory meetup generated a positive response, with the industry appearing ready for a busy new year on the Hill.
House committee announces crypto CEOs will testify at Dec. 8 hearing on digital assets
The hearing, “Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States,” is the latest from Congress to explore the issues concerning crypto assets.
Former Comptroller Brian Brooks gets a new gig as Bitfury CEO
Former Binance.US CEO Brian Brooks has become the new CEO of Bitfury and will oversee the firm’s rapid expansion plans.
Bitfury CEO confirms IPO considerations are part of expansion plans
In 2018, Bitfury raised $80 million from investors like Michael Novogratz’s Galaxy Digital at a $1 billion valuation.
Cipher Mining splashes $350M on next-gen Bitcoin mining rigs from Bitfury
The American Bitcoin mining outfit plans to acquire a total of 28,000 to 56,000 next-generation mining rigs.
Bitfury to Sell Its 38% Stake in Bitcoin Miner Hut 8
Bitfury current holds 37.2 million shares of Hut 8.
Ukraine’s Digital Ministry to Trace Suspicious Crypto Using Crystal Blockchain Software
Government officials hope the partnership will fast-track the maturation of Ukrainian crypto markets.
Russia’s FSB Is Making Life Harder for Blockchain Companies
The FSB, Russia’s security agency, wants blockchain companies to certify with them. This could push foreign companies out of the market
Darknet Markets are Mixing Bitcoins At Blistering Pace: Report
Darknet markets mixed $67 million in bitcoin in Q1 2020, a staggering jump from 2019’s Q1 totals: $3 million.
Hacker Attempts to Disrupt Russia’s Blockchain Voting System
A hacker has attempted to disrupt a blockchain voting system currently being used to help decide constitutional changes in the Russian Federation.
Moscow Said to Hire Kaspersky to Build Voting Blockchain With Bitfury Software
Moscow’s government is giving voters the option of having their ballots recorded on a blockchain despite transparency concerns.
Bitfury Latest to Donate Crypto Mining Power to Coronavirus Research
Bitfury has dedicated its GPU miners to the Folding@home project, which is studying the novel coronavirus in hopes of developing a vaccine.
Bitfury Invests in Shyft Network to Build Decentralized Identity Products
The Bitfury Group has made what it calls a “strategic acquisition” in decentralized credential provider Shyft Networks as it prepares to build out government-facing identity products.
Blockchain Firm Bitfury Turns to AI for Big Data Mining
The Bitfury Group has launched an artificial intelligence division with the aim of creating value out of the vast amounts of data now available.
Longenesis Brings South Korean Medical Records to the Blockchain
A new partnership lets patients and doctors store medical records privately on the blockchain using Bitfury’s Exonum platform.
Bitfury, Tech Firm Mphasis Plan Blockchain Disruption in Trade Finance
Blackstone-owned IT firm Mphasis has partnered with blockchain tech firm Bitfury to automate and tokenize trade finance processes.