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Square partners with Blockstream to build a solar-powered Bitcoin mine in the US

Square partners with Blockstream to build a solar-powered Bitcoin mine in the US

Square and Blockstream have also committed to publishing data about the project’s economics and performance metrics.

The post Square partners with Blockstream to build a solar-powered Bitcoin mine in the US appeared first on The Block.

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What is the carbon footprint of an NFT?

Quick Take

  • Artists using non-fungible tokens (NFTs) to sell their work have been the target of backlash from climate activists who argue that blockchain-based art emits too much carbon dioxide.
  • What is the carbon footprint of an NFT? The answer is as philosophical as it is technical.

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US official says ‘majority’ of bitcoin paid by Colonial Pipeline after ransomware attack has been recovered

U.S. officials said Monday that they have recovered “a majority” of the bitcoin funds paid after a ransomware attack against an American pipeline operator.

The post US official says ‘majority’ of bitcoin paid by Colonial Pipeline after ransomware attack has been recovered appeared first on The Block.

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Biden’s national security advisor says G7 needs to ‘deal with the cryptocurrency challenge’

The Biden Administration is increasingly focused on cyberattacks as national security threats.

The post Biden’s national security advisor says G7 needs to ‘deal with the cryptocurrency challenge’ appeared first on The Block.

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Bitcoin mining hardware maker Canaan opens new service center in Kazakhstan

Chinese bitcoin mining machines manufacturer Canaan has set up its first overseas after-sales service center in Kazakhstan.

The post Bitcoin mining hardware maker Canaan opens new service center in Kazakhstan appeared first on The Block.

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One of NYSE’s largest market-makers is joining a Solana-based data project

One of the largest market makers on the NYSE is jumping on the Solana bandwagon.

The post One of NYSE’s largest market-makers is joining a Solana-based data project appeared first on The Block.

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Bank of England continues to ‘tread carefully’ with latest digital money treatise

Experts say the United Kingdom’s central bank is proceeding with caution as it continues to explore the potential ramifications of new forms of digital currency.

The post Bank of England continues to ‘tread carefully’ with latest digital money treatise appeared first on The Block.

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Former US president Donald Trump says bitcoin ‘just seems like a scam’

Former U.S. President Donald Trump reiterated his negative stance on bitcoin during a Monday morning interview, declaring that “it just seems like a scam.”

The post Former US president Donald Trump says bitcoin ‘just seems like a scam’ appeared first on The Block.

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MicroStrategy wants to raise $400 million via debt and buy more bitcoin with it

MicroStrategy announced Monday that it plans to raise $400 million via senior secured notes and use the net proceeds to buy more bitcoin.

The post MicroStrategy wants to raise $400 million via debt and buy more bitcoin with it appeared first on The Block.

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China sets out high-level guidelines to foster blockchain development

A Chinese central government ministry appears to be rehashing China’s yes-blockchain-no-crypto narrative in new guidelines.

The post China sets out high-level guidelines to foster blockchain development appeared first on The Block.

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