CleanSpark Spends $9.3 Million on New Bitcoin Mining Facilities to Accommodate 6,000 Miners – Is Bitcoin Mining Still Profitable?
22.6.2023
Bitcoin (BTC) mining firm CleanSpark is expanding its operations with the acquisition of two Bitcoin mining sites in Dalton, Georgia, for $9.3 million.
The facilities will accommodate over 6,000 Bitcoin mining machines, including the latest generation Antminer S19 XP and S19j Pro+ units....
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Crypto Friendly Xapo Bank Expands to India, Rest of South Asia
22.6.2023
Xapo's CEO said the move "is in line with the positive shifts we are witnessing in Asia’s evolving crypto landscape."
Polygon Labs brings out AI-powered Polygon Copilot
22.6.2023
Polygon Labs has announced the launching of Polygon Copilot, the AI-powered guide to help users from different backgrounds to navigate their way into the ecosystem. With Polygon 2.0 gaining traction, one can only assume the development to be crucial for all users. The Polygon ecosystem embraces...
OKX is getting tough competition from VC Spectra
22.6.2023
OKX is among the largest crypto exchanges globally. Aside from the other coins offered, OKX has its utility coin, OKB, which has performed relatively well this year. But another utility token, SPCT of the exciting VC Spectra, is proving a tough competitor. Investors have contributed over...
First Mover Americas: BTC Crosses $30K and Bitcoin Layer 2 Stacks Networks Gains 15%
22.6.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for June 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Digital Pound Should Be Interoperable with Crypto, U.K. Lobbyists Say
22.6.2023
Stakeholders also want the Bank of England to consider tougher caps on individual digital pound holdings to prevent bank runs
Animoca Brands' Anichess Secures $1.5M for Decentralized Chess Game
22.6.2023
The game, launching in early 2024, was made in partnership with Chess.com
Bitcoin traders eye $28K retracement as BTC price retains 20% gains
22.6.2023
BTC price could be in line for a dip of around $2,000 after days of straight upside, with Bitcoin buyers lying in wait
HYCM financial reports show low profit despite a 14% revenue boost
22.6.2023
HYCM recently released its financial report for 2022. According to the report, the company witnessed a 14% rise in its yearly revenue. The company generated 1.88 million pounds in 2022 compared to 1.65 million pounds in 2021. Similarly, the UK-based broker accrued over 697,000 pounds in operating...
Custodia Bank Founder Caitlin Long: ‘The Fed Thinks Only Large Incumbents Should Service Crypto’
22.6.2023
Caitlin Long, the founder of Custodia Bank, has railed against the favoritism that the Federal Reserve and the institutions of the U.S. financial system are supposedly showing to incumbents. According to Long, regulators have applied double standards when permitting established financial...
QCP Capital, SBI Alpha Execute First Uncleared Crypto Options Trade Using Bitcoin as Collateral
22.6.2023
The trade was executed on the regulated Clear Markets platform and involved bitcoin as collateral. The risk management techniques involved were consistent with ISDA's requirements for uncleared derivatives
South Korean Crypto Yield Firm Haru Invest Fires More Than 100 Employees: Report
22.6.2023
Earlier this month, Haru Invest halted withdrawals and deposits