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Crypto Initiatives Announced in Exchanges, ETFs, Payments; NFT Initiatives Continue; Bitcoin Mining Difficulty Adjusts; Global Enforcement Actions Continue | BakerHostetler

[co-author: Lauren Bass]
By:
Cryptocurrency firm Bullish announced its intention to go public on the New York Stock Exchange as it prepares to launch a cryptocurrency exchange, according to a recent report. The company reportedly intends to accomplish the public listing via a merger with a special-purpose acquisition company.
A major global payments company recently approved Australian company CryptoSpend to begin issuing cryptocurrency debit cards for its users, based on a report this week. CryptoSpend’s app will reportedly allow its users to spend their cryptocurrency directly, without the need to convert to fiat currency, including supported cryptocurrencies bitcoin, ether, XRP, bitcoin cash and litecoin. ....

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Financial Report Shows Bit Digital Is Transferring 14,500 Bitcoin Miners From China to the US – Bitcoin News

Financial Report Shows Bit Digital Is Transferring 14,500 Bitcoin Miners From China to the US
Following the bitcoin mining crackdown in China, the Nasdaq-listed firm Bit Digital published a second-quarter bitcoin production and mining operations update and noted the company is moving 14,500 bitcoin miners from China to the United States. Bit Digital says after the Chinese government’s decision to ban bitcoin mining, the company “accelerated” its migration strategy to North America.
Bit Digital Publishes Unaudited Report
On July 13, the company Bit Digital (Nasdaq: BTBT) revealed that it was migrating 14,500 bitcoin miners to the U.S. after China’s recent crackdown. The migration information stems from its unaudited report which explains the firm’s bitcoin production and mining operations during Q2 2021. ....

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Energy consumption is a constant concern in crypto mining, but more sustainable practices are emerging

Energy consumption is a constant concern in crypto mining, but more sustainable practices are emerging
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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One of Canada's largest Bitcoin mining farms sees a 50% jump in production

One of Canada's largest Bitcoin mining farms sees a 50% jump in production
businessinsider.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.in Daily Mail and Mail on Sunday newspapers.

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US-based Bitcoin miner Gryphon buys 7,200 rigs from Bitmain

US-based Bitcoin miner Gryphon buys 7,200 rigs from Bitmain
cointelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cointelegraph.com Daily Mail and Mail on Sunday newspapers.

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