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Alameda Research Drops Lawsuit Against Grayscale Amid GBTC Outflows


Alameda Research Ltd., the hedge fund associated with the bankrupt cryptocurrency exchange FTX, has voluntarily dropped its lawsuit against Grayscale Investments amid GBTC outflows. According to court filings from January 22, Alameda opted out of suing Grayscale, its CEO Michael Sonnenshein,...

Texas curtails consumption, Bitcoin mining hashrate drops by 25%


Bitcoin mining hashrate is down by 25%. This comes in the wake of Texas curtailing the usage of businesses. The Texas grid regulator has requested a more conservative approach in response to ERCOT’s message.  ERCOT, short for Electric Reliability Council of Texas, recently issued a warning that...

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