Tech

Argo Blockchain sells Helios mining facility for $65 million to Galaxy Digital

65 Impressions 0 Reads Micheal Popoola Jan 9, 2023, 8:25 AM

Block reward mining company Argo Blockchain (NASDAQ: ARBK) has sold its Helios mining facility to Galaxy Digital (NASDAQ: BRPHF) for $65 million. The miner also secured a $35 million loan from the digital asset-focused investment firm as it struggles with the bear market.

Tech

Blockware sued by BTC mining client for fraud

46 Impressions 0 Reads Micheal Popoola Jan 9, 2023, 8:25 AM

Blockware Solutions LLC, a BTC block reward mining equipment and hosting provider, has been sued by one of its clients...

Tech

Bitcoin’s success relies on it being used, not HODL’d

33 Impressions 0 Reads Micheal Popoola Jan 9, 2023, 8:23 AM

The HODL strategy is a long-term investment approach that involves holding onto Bitcoin for an extended period of time rather...

Tech

UK’s crime agency launches new virtual currency unit to combat fraud

37 Impressions 0 Reads Micheal Popoola Jan 9, 2023, 8:22 AM

The United Kingdom’s National Crime Agency (NCA) is creating a new department to combat the illegal use of virtual currencies...

Tech

Samsung profits plunge as demand for gadgets slows

15 Impressions 0 Reads Micheal Popoola Jan 9, 2023, 8:21 AM

Samsung expects its profits for the last three months of 2022 to fall by 69% to the lowest level in...

Tech

Will the metaverse be your new workplace?

33 Impressions 0 Reads Micheal Popoola Jan 9, 2023, 8:20 AM

When we look back in 50 years' time, it is likely that the 2D internet we now all use will seem laughably archaic.

Tech

Ukraine war: Trying to run start-ups in a conflict

58 Impressions 0 Reads Micheal Popoola Jan 9, 2023, 8:19 AM

Lyubomyr Dykun says 95% of his workforce "have gone to fight".

Tech

US bank Silvergate hit with $8bn in crypto withdrawals

67 Impressions 0 Reads Micheal Popoola Jan 9, 2023, 8:18 AM

Customers of US bank Silvergate, which provides cryptocurrency services, have withdrawn over $8bn (£6.7bn) of their crypto-linked deposits.

Tech

Many Android phones to get satellite connectivity

22 Impressions 0 Reads Micheal Popoola Jan 9, 2023, 8:16 AM

A new partnership between the satellite phone firm Iridium and chip giant Qualcomm will bring satellite connectivity to premium Android...

Tech

WhatsApp to enable messaging in internet blackouts

10 Impressions 0 Reads Micheal Popoola Jan 9, 2023, 8:15 AM

Instant-messaging service WhatsApp is letting users connect via proxy servers so they can stay online if the internet is blocked...