Chinese Bitcoin mining hardware maker Bitmain Technologies launched a 50MW mining farm in Rockdale, Texas, which can be expanded to a capacity of more than 300MW, to make it one of the the largest bitcoin mining facilities in the world. Canadian technology firm DMG Blockchain Solutions will provide hosting and management services for the Texas facility.
Blockchain security firm CipherTrace expanded its virtual asset tracing capability to more than 87 percent of the volume of the top 100 cryptocurrencies such as Bitcoin, Ethereum, Tether, Bitcoin Cash, and Litecoin. CipherTrace customers should be able to trace more than 700 tokens, including several hundred ERC20 tokens, primarily benefiting banks and other crypto asset businesses.
American professional basketball team Sacramento Kings teamed up with U.K.-based blockchain startup CryptoKaiju to launch NBA's first blockchain-powered range of crypto-collectibles. CryptoKaiju is the creator of Ethereum-based Kaiju toys. Kings, as they are commonly known as, will give away more than 100 unique, limited-edition Kaiju collectible toys as reward to the team's fans.
The Miami International Airport got its first Bitcoin ATM that was installed by Miami-based Bitcoin technology startup Bitstop on Tuesday. The automated teller machine installed at the third-busiest airport in the U.S., in terms of international passenger traffic, will enable customers to conveniently exchange their dollars for Bitcoin and vice versa while on domestic or international travel.
The Libra Association, formed by major financial partners of Facebook's Libra cryptocurrency project, formalized the association at the inaugural Libra Council meeting of the members at its headquarters in Geneva, Switzerland. The current 21 member organizations formally signed onto the Libra Association charter, elected the Board of Directors, and appointed the executive team.