BitFury

Bitfury Unit to Merge With SPAC to Create Bitcoin Mining Company With $2B Enterprise Value

The mining SPAC has an expected value of $2 billion.

News  ·  5 March 2021

Bitfury to Sell Its 38% Stake in Bitcoin Miner Hut 8

Bitfury current holds 37.2 million shares of Hut 8.

Markets  ·  9 December 2020
CoinFlash

Ukraine’s Digital Ministry to Trace Suspicious Crypto Using Crystal Blockchain Software

Government officials hope the partnership will fast-track the maturation of Ukrainian crypto markets.

News  ·  24 July 2020
Russia

Russia’s FSB Is Making Life Harder for Blockchain Companies

The FSB, Russia’s security agency, wants blockchain companies to certify with them. This could push foreign companies out of the market.

Policy & regulation  ·  23 July 2020
CoinFlash

Darknet Markets Are Mixing Bitcoins at Blistering Pace: Report

Darknet markets mixed $67 million in bitcoin in Q1 2020, a staggering jump from 2019's Q1 total of $3 million.

News  ·  15 July 2020
Russia

Hacker Attempts to Disrupt Russia’s Blockchain Voting System

A hacker has attempted to disrupt a blockchain voting system currently being used to help decide constitutional changes in the Russian Federation.

Tech  ·  29 June 2020
Russia

Moscow Said to Hire Kaspersky to Build Voting Blockchain With Bitfury Software

Moscow's government is giving voters the option of having their ballots recorded on a blockchain despite transparency concerns.

Business  ·  9 June 2020
Mining

Bitfury Latest to Donate Crypto Mining Power to Coronavirus Research

Bitfury has dedicated its GPU miners to the Folding@home project, which is studying the novel coronavirus in hopes of developing a vaccine.

News  ·  1 April 2020
Investment

Bitfury Invests in Shyft Network to Build Decentralized Identity Products

The Bitfury Group has made what it calls a “strategic acquisition” in decentralized credential provider Shyft Network as it prepares to build out government-facing identity products.

News  ·  11 December 2019
BitFury

Blockchain Firm Bitfury Turns to AI for Big Data Mining

The Bitfury Group has launched an artificial intelligence division with the aim of creating value out of the vast amounts of data now available.

Business  ·  13 August 2019
Blockchain

Longenesis Brings South Korean Medical Records to the Blockchain

A new partnership lets patients and doctors store medical records privately on the blockchain using Bitfury's Exonum platform.

Markets  ·  1 July 2019
Tokenization

Bitfury, Tech Firm Mphasis Plan Blockchain Disruption in Trade Finance

Blackstone-owned IT firm Mphasis has partnered with blockchain tech firm Bitfury to automate and tokenize trade finance processes.

Business  ·  29 May 2019
Europe

Bitfury, Swiss Investment Firm Launch Regulated Bitcoin Mining Fund

Bitfury and Swiss investment firm Final Frontier have launched a bitcoin mining fund after it was authorized by an EU regulator.

Business  ·  24 April 2019
Bitcoin

Bitfury Integration to Bring Bitcoin Lightning Payments to More Merchants

The Bitfury Group has partnered with business payments processor HadePay to bring lightning network-based bitcoin payments to merchants.

Business  ·  14 March 2019
Bitcoin Mining

Bitfury Partners to Launch Bitcoin Mining Centers in Paraguay

Bitfury has teamed up with a South Korean firm to mine bitcoin using cheap, clean hydro power in Paraguay.

Tech  ·  4 February 2019