Category: Tech News

FTX Enters Japanese Crypto Market With Acquisition of Regulated Crypto Exchange

2022-02-02 By admin

Cryptocurrency exchange FTX has announced the acquisition of Liquid, which operates a regulated Japanese exchange, Quoine. The two companies “expect to work together to provide products and liquidity to clients in the Japanese and global markets.” FTX Acquiring Liquid to Provide Services to Japanese Customers Crypto exchange FTX is entering the Japanese crypto market. FTX […]

Technical Analysis: Quant Climbs 20%, as Loopring Selloff Extends

2022-02-02 By admin

After earlier spells of consolidation, the tide turned on cryptocurrencies this afternoon, with markets finding themselves in a red wave. Quant managed to evade the wave, climbing by as much as 20% during the session. Biggest gainers Following yesterday’s strong gains, the global cryptocurrency marketplace was trading over 6% lower on Wednesday, however, there were […]

El Salvador Switches Tech Providers — Chooses Alphapoint to Operate Chivo Bitcoin Wallet

2022-02-02 By admin

On February 2, 2022, the blockchain infrastructure provider Alphapoint has announced that the Salvadoran government has chosen the firm to operate the bitcoin wallet Chivo. The bitcoin wallet is the largest fintech application in the country and Alphapoint “supports the frontend and backend infrastructure that powers the wallet and integrates the entire ecosystem.” Alphapoint to […]

Western Digital Introduces WD_BLACK SN770: A DRAM-less PCIe 4.0 M.2 NVMe SSD

2022-02-02 By admin

The initial wave of PCIe 4.0 NVMe SSDs put emphasis on raw benchmark numbers, with power consumption remaining an afterthought. The targeting of high-end desktop platforms ensured that it was not much of a concern. However, with the rise of notebook and mini-PC platforms supporting PCIe 4.0, power consumption and thermal performance became important aspects. […]

Bitcoin Mining Report Shows Network’s Emissions Account for 0.08% of the World’s CO2

2022-02-02 By admin

During the last year, Bitcoin — the cryptocurrency network that leverages proof-of-work (PoW) to process transactions and secure the protocol — has received a lot of criticism about its environmental impact. This week, the cryptocurrency firm Coinshares published a report that shows talking points condemning the network’s electrical consumption have been greatly exaggerated. According to […]

India Confirms ‘It’s Not Illegal to Buy or Sell Crypto’ — Government Will Consult Widely on Crypto Regulation

2022-02-02 By admin

India’s finance secretary has confirmed that it is not illegal to buy or sell crypto assets in India. Regarding cryptocurrency regulation, “the government’s approach is to consult widely and also to look at what’s happening internationally,” he explained. Crypto Is Not Illegal in India, Official Confirms Following the announcement on cryptocurrency taxation by Indian Finance […]