Blockchain

Applied Blockchain extends Marathon contract by 70 megawatts as it breaks ground in North Dakota

Applied Blockchain extends Marathon contract by 70 megawatts as it breaks ground in North Dakota

Applied Blockchain will host an additional 70 megawatts worth of bitcoin miners for Marathon, extending the deal from the previously announced 200 megawatts. The company also announced Monday the groundbreaking of its 180-megawatt facility in North Dakota. It expects to begin operating in the first half of 2023. The company closed a five-year power deal …

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Coinbase-backed suit against Treasury set to become landmark blockchain case

Coinbase-backed suit against Treasury set to become landmark blockchain case

Can the U.S. government sanction computer code? That simple yet complex question is at the heart of a burgeoning legal fight backed by one of the world’s largest cryptocurrency exchanges. The answer will likely have major implications for the government’s power to control the functions of digital assets.  Coinbase is sponsoring a lawsuit …

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Princeton alumni in crypto space fund $20 million research project

Blockchain security firm Halborn raises $90 Million in Series A funding

Halborn, a blockchain security company based in Miami, has raised $90 million in Series A, Bloomberg reported on Tuesday. The round was led by private equity firm Summit Partners and included Castle Island Ventures, Digital Currency Group, and Brevan Howard. The round’s valuation has not been disclosed. Crypto startups have recently had to …

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Blockchain takes off with Beijing’s blessing while cryptocurrency is shunned: SCMP 

The growth of China’s blockchain market has accelerated, with the total number of services registered with the country’s internet regulator reaching 1,821, according to a review of government documents and interviews with industry insiders, the South China Morning Post reported on Saturday.  The pace of certification for new blockchain services began speeding up late last year, …

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US Patent and Trademark Office hosts blockchain event series

US Patent and Trademark Office hosts blockchain event series

The U.S. Patent and Trademark Office will host monthly webinars on topics including intellectual property in the metaverse and patent eligibility in blockchain, the office announced on its website.  The sessions are designed to allow attendees to learn about blockchain and intellectual property, “dream with them about their future goals, and gain an understanding …

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Huobi Global unveils blockchain ecosystem investment arm Ivy Blocks

Huobi Global unveils blockchain ecosystem investment arm Ivy Blocks

advertisement Crypto exchange Huobi Global today launched Ivy Blocks, a DeFi and web3 blockchain ecosystem investment arm. Ivy Blocks will invest in promising blockchain projects to help unlock their growth potential, Huobi said in a news release. “Many promising projects tend to encounter liquidity constraints and a lack of go-to-market support, which present significant barriers …

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Riot Blockchain Sees 2022 as Year of Consolidation in Bitcoin Mining Sector

Riot Blockchain Sells More Bitcoin, Trims Hashrate Guidance

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Kongregate and Immutable launch $40 million fund for blockchain games

Kongregate and Immutable launch $40 million fund for blockchain games

advertisement Game developer Kongregate and Ethereum scaling startup Immutable announced a $40 million fund to develop blockchain-based games.  Launched in 2006, Kongregate’s website Kongregate.com became a home for free-to-play independent web games. With this new fund, comprised of the IMX token pool, Kongregate.com will begin incorporating blockchain-based games later in 2022 and ultimately rebranding to …

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How NFTs are raising money for charity

Square Enix sells off $300 million in IP and studios to invest in blockchain

advertisement The Japanese video game company Square Enix, which is behind popular titles such as Final Fantasy, Kingdom Hearts and Dragon Quest, signed a deal Monday to sell off some of its intellectual property and studios in order to fund new blockchain, AI and cloud investments. Swedish gaming firm Embracer is paying Square Enix $300 …

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Blockchain interoperability protocol Connext unveils token, plans airdrop

Blockchain interoperability protocol Connext unveils token, plans airdrop

Connext, a blockchain interoperability protocol that enables developers to build cross-chain applications, has unveiled a native token called NEXT as it plans to convert into a decentralized autonomous organization (DAO). Sharing the news exclusively with The Block on Wednesday, Connext said NEXT is a utility and governance token that will power the full decentralization of …

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