The law approved by the country’s parliament would make financial monitoring a requirement for digital asset platforms.
Bitcoin Cash saw a sharp uptick in its value on Friday after the publication of a fraudulent press release claiming that U.S. supermarket giant Kroger would be accepting the cryptocurrency as payment this holiday season.
A Kroger representative has debunked a press release that claimed the company was poised to accept Bitcoin Cash come December 1.
The post Press release falsely claims Kroger planned to accept Bitcoin Cash appeared first on The Block.
Solana Ventures, Lightspeed, and FTX have announced a $100 million fund to invest in startups focused on building blockchain gaming studios.
The post Solana Ventures, FTX, and Lightspeed launch $100 million blockchain gaming fund appeared first on The Block.
The initiative is one of the largest capital investments ever in the growing Web3 gaming space.
Faraway will use the funding to launch a first-person shooter browser-based blockchain game called “Mini Royale: Nations” on Solana.
The post Faraway nets $21 million funding to build browser-based blockchain games on Solana appeared first on The Block.
Bitcoin (BTC) is trading in a tight range, although buyers are holding support above $60K. Short-term momentum is slowing, which suggests a period of consolidation could persist in the short-term. An eventual breakout is likely given strong seasonal trends.
Binance has hired a veteran financial criminal investigation agent to head its suspicious activity reporting as it continues to strengthen its regulatory compliance.
Altcoins and gaming tokens have seen significant gains over the week, while bitcoin is little changed.
Argo estimates that the cost of building and kitting out its proposed 800-megawatt mining facility in Texas could be $1.5-2 billion.
The post Argo filing reveals Texas mining facility could cost up to $2 billion to build appeared first on The Block.
