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FTX Denies It's Buying Robinhood, MakerDAO's USD 500M Vote, Dfinity Sues New York Times + More News
29.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: FTX Denies It's Buying Robinhood, MakerDAO's USD 500M Vote, Dfinity Sues New York Times + More News
75% of Marathon's mining fleet still offline two weeks after huge storm
29.6.2022
Marathon’s CEO Fred Thiel said that it will take time to get the facility back to full strength, but that the company could decide to speed up its move out of Hardin
Bitcoin miner Mawson to defer all major capital expenditures until market conditions normalize
28.6.2022
The bear market is affecting all segments of the crypto industry, including Bitcoin miners, which have seen their revenues decline sharply this year
Compass Mining CEO and CFO Resign Amid 'Setbacks and Disappointments'
28.6.2022
The company appointed Chief Technology Officer Paul Gosker and Chief Mining Officer Thomas Heller as interim Co-Presidents and CEOs
Kazakh President Says Government Must Make ‘Favorable’ Conditions for Crypto Industry Development
28.6.2022
Kazakhstan’s President Kassym-Jomart Tokayev has told ministers to create “favorable conditions” for a new “digital” ecosystem that makes use of “cryptocurrencies and digital assets.”
Per Kaztag, which quoted the presidential press service, Tokayev was speaking at a financial sector summit held...
Switzerland-based crypto mining firm expands operations to Texas
28.6.2022
The company reported its operations in the United States will have an initial capacity of 3 megawatts, aiming for the firm’s total hashrate to be more than 1.6 EH/s
Bitcoin’s bottom might not be in, but miners say it ‘has always made gains over any 4-year period’
28.6.2022
To mine, or not to mine, that is the question. Professional Bitcoin miners discuss the nuance of BTC mining and whether now is a good time to get started
‘Unique phenomenon’: All 5B toncoins mined on PoS TON blockchain
28.6.2022
The TON blockchain has always been proof-of-stake, while the mining of toncoin began “spontaneously and randomly” in 2020, according to the TON Foundation
Argentina's Customs Office Seizes $21M in Crypto Mining Equipment
28.6.2022
The case involves 2,233 Whatsminer machines that were improperly imported, according to the government
3 charts showing this Bitcoin price drop is unlike summer 2021
28.6.2022
Bitcoin looks like a different planet this year, according to several popular on-chain metrics
Uzbekistan warms up to Bitcoin mining, but there's a catch
28.6.2022
The executive order spares all the mined assets from taxation and bans mining anonymous currencies
Bitcoin mining revenue mirrors 2021 lows, right before BTC breached $69K
28.6.2022
The key to survival for Bitcoin miners boils down to the delicate balance between the revenue and the operating cash flow
Compass Mining loses facility after allegedly failing to pay power bill
28.6.2022
The facility owner Dynamics Mining publicly took to Twitter to share the letter terminating its hosting agreement with Compass Mining, saying it had unpaid bills
Police Investigate Ethereum, Bitcoin Mining ‘Pool’ Following ‘Scam’ Allegations
27.6.2022
South Korean police are investigating allegations that a domestic bitcoin (BTC) and ethereum (ETH) crypto mining “pool” is a scam.
Per Yonhap and Asia Kyungjae, the Seoul Metropolitan Police Agency’s Financial Crimes Investigation Unit stated that it was conducting a probe into a pool named...
Report: $4B in Bitcoin Mining Loans Are in Distress — JPMorgan Analyst Says Price Pressure Stems From Miner Sales
27.6.2022
Cryptocurrency-related lending has become a black smudge for the industry these days and according to a recent report, bitcoin’s low price has put billions in mining loans under stress. The report, which quotes the co-founder of mining company Luxor Technologies, Ethan Vera, says that...
China’s BSN chair calls Bitcoin Ponzi, stablecoins 'fine if regulated'
27.6.2022
Stablecoins like USDT and USDC would be doing just fine if properly regulated, while Bitcoin is a "Ponzi scheme" in any case, China's BSN chair told Cointelegraph
Mining Ban Sparks Negative Reactions From Iran’s Crypto Community
27.6.2022
The recently reintroduced seasonal ban on cryptocurrency mining has provoked backlash from the local crypto community. This week, the country’s power distribution company ordered miners to suspend activities citing electricity shortages during the hot summer months. Restrictions on Crypto...
Hardware Worth $1.9 Million Stolen in Russia’s Crypto Mining Capital
25.6.2022
Russian law enforcement is looking into the alleged theft of mining hardware valued at around $1.9 million. The powerful computing equipment disappeared from a crypto mining hotel in Irkutsk, the owners of which have been accused of large scale fraud. 100 Russians Lose Mining Machines Worth...
Bitcoin network power demand falls to 10.65GW as hash rate sees 14% drop
25.6.2022
The Bitcoin network recorded the year 2022’s lowest power demand of 10.65 gigawatts (GW). At its peak, the BTC network demanded 16.09 GW of power
Binance Launches Institutional, CoinFLEX Pauses Withdrawals, US SEC Chief on Crypto Regulation + More News
24.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Binance Launches Institutional, CoinFLEX Pauses Withdrawals, US SEC Chief on Crypto Regulation + More News