Compute North, Foundry Partner Up – Bitcoin Magazine

Compute North, one of the largest bitcoin mining companies in North America with mining farms in Big Spring, Texas; Kearney, Nebraska; and North Sioux City, South Dakota, is taking a great leap forward through a new partnership with financial services firm Foundry Digital, a subsidiary of Digital Currency Group based in Rochester, New York. Through the partnership, Foundry will supply 14,000 new Whatsminer M30S mining rigs from MicroBT to be hosted at Compute North’s North American colocation facilities. Compute North will commit 47 megawatts of power to these rigs beginning…

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Nomura and Ripple Partner SBI Holdings Support XRP, Reject Token’s Categorization as Security

As XRP continues to plummet in value due to Ripple’s turmoil with the U.S. Securities and Exchange Commission (SEC), the token seems to find some support in Japan, as crypto exchanges in the nation have refused to delist it. Nomura and Key Ripple Partner Keep Supporting XRP, Reject US SEC Claims Per a report published by Sadakazu Osaki, an analyst from the economic research firm Nomura Research Institute, Ripple’s token is considered in the land of the rising sun as a crypto asset, according to the Funds Settlement Act, as…

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ConsenSys collaborates with Banque de France digital euro partner

Ethereum software firm ConsenSys has just sealed its sixth central bank digital currency project. On Oct. 28, the blockchain organization announced that it will be collaborating with Société Générale Forge on experiments for a digital euro. Société Générale Forge is the digital capital markets platform of major financial services group, Société Générale Group. SG Forge was involved in the issuance of a 100 million euro bond as a security token on the Ethereum blockchain back in spring 2019. It specializes in building institutional-grade models for regulated security token operations registered on the blockchain. …

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Bitwage and Gemini Partner to Launch Bitcoin-Based Retirement Plan for Employees

Cryptocurrency payroll service Bitwage has announced the launch of a Bitcoin 401 (k) plan, allowing companies to give their employees a BTC-based retirement plan. In a press statement, Bitwage, which claims to have tested the product on its own employees for 10 months, said workers now have the ability to invest their pre-tax and post-tax dollars in BTC, through their employer. A 401(k) is a retirement plan that allows employees of a company to save and invest for retirement on a tax deferred basis. Under the plan, companies can match…

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This Major Turkish Bank Is The Latest Binance Partner for Fiat-to-Crypto Transfers

Major crypto exchange Binance announced that their fiat on-ramp for Turkish Lira is live thanks to a partnership with major Turkish bank Akbank, Cointelegraph Turkey reported on March 2. Binance users from Turkey can now deposit and withdraw directly through money order or EFT, whether they have an Akbank account or not. “As one of the biggest banks in Turkey, Akbank is serving the crypto community since 2017,” Binance CEO Changpeng “CZ” Zhao told Cointelegraph. He continued: “By working with Akbank, Binance KYCed users who have Turkish bank accounts will…

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