BitFury News

Blockchain analytics firm Crystal has appointed Navin Gupta, who drove growth for Ripple firm in the MENA and South Asian markets, as its new head. In a press release on Feb. 19, the Netherlands-headquartered firm said Gupta will replace Marina…

Political and public consensus voting has a huge potential use case for blockchain technology, ever since the latter’s rise in popularity. Several governments around the world have tested or are testing voting via blockchain systems, with Russia the latest to…

According to an article published by Institutional Asset Manager, on June 25, 2019, ITI Funds has collaborated with Bitfury Group to implement a process for cryptocurrencies transactions compliant with the KYC and AML procedures applicable to funds and investment management…

Bitfury, one of the leading infrastructure providers for the Bitcoin blockchain, has collaborated with Final Frontier, a Swiss-based artificial intelligence (AI) and blockchain investment firm, to launch a regulated Bitcoin mining fund, according to a Reuters report on April 24,…

Hut 8, a Canadian Bitcoin mining firm has laid off more employees, citing poor revenue figures due to the prolonged cryptocurrency bear market of 2018. The Canadian Broadcasting Corporation (CBC) reports that it is the second round of staff cuts,…

In a bid to create a robust distributed ledger technology (DLT ) powered platform for maintaining, sharing and securing medical imaging and diagnostics data, Medical Diagnostics Web (MDW) has joined forces with Longenesis and Bitfury, a global infrastructure provider for…

Bitfury, a highly-reputed firm dedicated to securing the Bitcoin blockchain, is collaborating with Commons Foundation, a Seoul-based organization focused on creating and implementing cultural, economic, and social peer-to-peer models. The duo will launch a Bitcoin transaction processing center in Paraguay,…

Bitfury’s Lightning Peach team has launched a series of products including an open-source Lightning Network-powered bitcoin wallet, a hardware terminal, a suite of developer tools and more, aimed at promoting the adoption of the Bitcoin Lightning network, according to a…

Bitfury, a San Francisco-based provider of blockchain infrastructure, has just closed an $80 million funding round led by venture capital firm Korelya Capital, the company announced in a press release on November 6, 2018. $80 Million Private Placement for European…

Credit China Fintech has invested $30 million in mining hardware producer BitFury, announced January 25. A joint venture aims to help the company to sell its hardware on the highly competitive Chinese mining market, which is currently dominated by BitFury’s…

Global Bitcoin Blockchain infrastructure provider and transaction processing company BitFury has announced their investment in African Bitcoin payments platform BitPesa. BitPesa is a hybrid enterprise-level Bitcoin payments platform which allows individuals and businesses worldwide to send payments to Kenya, Nigeria,…

In partnership with GUC, a worldwide fabless ASIC design service company, BiFury has announced that their new custom-designed 16nm ASIC mining chip will be ready for mass production. Smaller manufacturing processes are the only way to make any definitive gains…