Just having a non-fungible token work on sale at one of the world’s oldest and most prestigious auction houses was a major coup for the crypto-based artform. The work, “EVERYDAYS: THE FIRST 5000 DAYS” was described by Christie’s as Beeple’s “monumental digital collage,” of images of an artwork he posted every day since May 1, 2017.
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The Bitcoin coin may be fake, but soon a Bitcoin banknote will be available (Photo: Marco Verch/Flickr)Bitcoin Banknotes take cryptocurrency back to its fiat roots
Former Bitcoin Foundation Chairman Peter Vessenes’ new banknotes will ‘look and feel like top-of-the-line currency while providing the coveted security of blockchain technology’
Bitcoin kept in a hardware wallet is arguably safer—harder to steal—and does not require trust in a third-party custodian keeping the Bitcoin when compared to a banknote in a safety deposit box. Still, Felix claims that a banknote would not only be more accessible, but also trustworthy
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Bitcoin bull run fuels crypto investments across China: Report
China’s investors are so eager to pour capital into projects that a local VC investor said ‘every good-quality funding is oversubscribed within a week’
Chinese cryptocurrency mining hardware producer Ebang conducted two fundraising rounds in February alone, raking in $170 million, even after a previous offering in November, which followed its Nasdaq listing in June. “Ebang’s growth story is very attractive to institutional investors,” said Guo Yi, COO of Univest Securities. "Fundraising by all industry players is getting busier thanks to the Bitcoin bull.”
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Cheap, green power brings crypto mining to West Texas
Argo Blockchain’s land purchase today gives it access to 800-megawatts of electrical power, the majority of it renewable
Argo plans to establish a 200-megawatt mining facility on the Texas site within 12 months. Argo Blockchain CEO Peter Wall said the deal "not only gives us greater control over our mining operations but also the ability to meaningfully expand our mining capacity on a large scale. We now have access to some of what we believe is the cheapest renewable energy worldwide, in a location where innovation in new technologies is encouraged and incentivized.”
