Picpay Rolls Out Crypto Trading Options to More Than 30 Million Users in Brazil
Aug12

Picpay Rolls Out Crypto Trading Options to More Than 30 Million Users in Brazil

Picpay, a payments and wallet app, is now providing cryptocurrency services to more than 30 million users in Brazil. The company, that had announced this rollout last month, now allows its customers to purchase, hold, and sell digital assets from its platform. The organization partnered with Paxos, the issuer of the pax dollars stablecoin, in order to provide these services. Picpay Launches Crypto Trading Services in Brazil Fintech...

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Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022
Aug12

Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022

This week the bitcoin mining company Genesis Digital Assets announced that the firm has secured 708 megawatts (MW) in capacity and revealed plans to create 130 full-time jobs in the United States. The chief operating officer at Genesis, Andrey Kim, said the firm has been pleased with “the pace” of the bitcoin mining company’s U.S. expansion. Genesis Digital Assets U.S. Expansion Gathers 708 MW of Power On Wednesday, Genesis Digital...

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Crypto Exchange Hotbit Suspends Service After Law Enforcement Freezes Its Funds, Subpoenas Senior Managers
Aug12

Crypto Exchange Hotbit Suspends Service After Law Enforcement Freezes Its Funds, Subpoenas Senior Managers

Crypto exchange Hotbit has announced the suspension of trading, deposits, withdrawals, and funding on its platform. The exchange said law enforcement has frozen some of its funds and subpoenaed some senior managers as they investigate a criminal case involving the exchange’s former employee. Hotbit Suspends Trading, Deposits, Withdrawals Cryptocurrency exchange Hotbit announced the suspension of its services on Wednesday. The company...

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World’s Largest Asset Manager Blackrock Launches Bitcoin Private Trust Citing ‘Substantial Interest’ From Clients
Aug12

World’s Largest Asset Manager Blackrock Launches Bitcoin Private Trust Citing ‘Substantial Interest’ From Clients

The world’s largest asset manager, Blackrock, has launched a spot bitcoin private trust. “Despite the steep downturn in the digital asset market, we are still seeing substantial interest from some institutional clients,” said Blackrock. Blackrock Launches Bitcoin Trust Blackrock, the world’s largest asset manager, has launched “Blackrock bitcoin private trust.” According to a Thursday blog post, the spot bitcoin private trust,...

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House of the Dragon Leaks: HBO Wields DMCA in Hunt For Mystery Reddit User
Aug12

House of the Dragon Leaks: HBO Wields DMCA in Hunt For Mystery Reddit User

Few people need to be reminded of the massive success story attached to HBO’s hit TV series, Game of Thrones. Aside from massive viewing numbers, the fantasy drama generated headlines due to various piracy-related controversies, including leaked episodes and the setting of piracy records, with the latter responsible for a global surge in internet traffic. HBO took all of this in its stride early on and at one point an executive even...

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