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Bitfarms to Transform Washington Facility for AI and HPC Workloads

Bitfarms to Transform Washington Facility for AI and HPC Workloads

Bitfarms plans to convert its Washington site for high-performance computing and AI workloads by December 2026, featuring advanced liquid cooling and Nvidia GB300 support.

Thodex Founder Arrested by Turkey Police in Albania

Thodex Founder Arrested by Turkey Police in Albania

Faruk Fatih Ozer, the founder of the Thodex crypto exchange, escaped Turkey after taking $2 billion of investors’ funds with him. The founder is finally arrested in Albania.

Bitcoin Miner Bitfarms Mines 411 BTC in September 2023

Bitcoin Miner Bitfarms Mines 411 BTC in September 2023

Bitfarms, a Canadian Bitcoin mining firm, mined 411 BTC in September 2023, marking a 7.3% increase from the previous month. The company sold 362 BTC, generating $9.5 million in revenue. Bitfarms has been expanding its operations, including fully energizing its Argentina facility at Rio Cuarto to 51 MW, and increasing its total operating capacity to 233 MW.

Netherlands CBD Producers Harness Blockchain Technology for Enhanced Traceability

Netherlands CBD Producers Harness Blockchain Technology for Enhanced Traceability

A consortium of Netherlands CBD producers called the Cannabinoid Association of the Netherlands (CAN) is leveraging blockchain technology to enhance traceability, accountability, and transparency in the CBD market.

Turkey to Jail Missing Thodex CEO and Executives for at Least 40,000 Years

Turkey to Jail Missing Thodex CEO and Executives for at Least 40,000 Years

A year after the Thodex cryptocurrency exchange went bankrupt, Turkish prosecutors are now seeking at least a 40,000 year-jail term for Faruk Fatih Ozer- the CEO of the trading platform reported to have fled with at least $28 million of trader’s funds.

COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency

COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency

Publicly-listed Canadian crypto mining form Bitfarms has temporarily reduced employees because of the social and economic challenges caused by the coronavirus outbreak.

Exclusive: Access, Connectivity and Inclusion—How UNICEF Leverages Blockchain to Close the Digital Divide

Exclusive: Access, Connectivity and Inclusion—How UNICEF Leverages Blockchain to Close the Digital Divide

Christina Lomazzo is the Blockchain Lead for UNICEF’s Office of Innovation; whose work mainly involves leading the blockchain efforts at UNICEF Ventures where she heads up a diverse team of six. Together they invest in early technology prototypes that they assess and determine could have an exponential impact on UNICEF’s operations and ability to fulfill its mission across the developing world.

Winklevoss Backs Ethereum DeFi Craze, Despite Crypto Downtrend and Market Experts' Concerns

Winklevoss Backs Ethereum DeFi Craze, Despite Crypto Downtrend and Market Experts' Concerns

With speculations that the decentralized finance (DeFi) industry is rapidly approaching bubble territory, the Winklevoss twins have vouched for the contrary, saying that the current DeFi craze is a revolution in the making.

DeFi Reaches $12 Billion in Total Value Locked as Ethereum Transacts 2X More Than Bitcoin Daily

DeFi Reaches $12 Billion in Total Value Locked as Ethereum Transacts 2X More Than Bitcoin Daily

The growth of the DeFi industry has led to an explosive increase in popularity in Ethereum-compatible stablecoins.

French Fashion Brand Lacoste Enters Web3 With NFT Collection

French Fashion Brand Lacoste Enters Web3 With NFT Collection

French fashion brand, Lacoste has made a dive into the Non-Fungible Token (NFT) ecosystem as it has launched its own collection dubbed Underwater (UNDW3).

StakingFarm's Innovative Approach to Simplified Crypto Staking

StakingFarm's Innovative Approach to Simplified Crypto Staking

StakingFarm simplifies Ethereum Liquid Staking with a 50$ welcome bonus, low entry thresholds, and proprietary LSD conversion, offering investment packages and 24/7 customer support.

Bitfarms Sells 1500 BTC Goes for New Loan to Boost Liquidity

Bitfarms Sells 1500 BTC Goes for New Loan to Boost Liquidity

Bitfarms has now relied on sales of some of its mined Bitcoins and borrowings to fund its capital expenditure and improve its liquidity.

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