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Nalezeno "28% of supply": 1169

Iceland Refuses to Power New Bitcoin Farms Amid Electricity Shortages


Cryptocurrency mining is among several energy-intensive industries hurt by a power deficit in Iceland. The country’s main utility is now rejecting requests to connect new coin minting facilities to the grid, after cutting supply to aluminum smelters and fish factories. Iceland Turns Away...

CREAM Price Tumbles Following Rising Supply News


The decentralized lending protocol Cream Finance's native token has fallen off a cliff following the news that the project aims to increase CREAM's supply in order to compensate users affected by the recent hack. At 9:46 UTC Monday morning, CREAM is trading at USD 50.23 per coin, down by 10.8%...

US Faces More Inflation Woes as CPI Hits Highest Record in 30 Years


U.S. inflation continues to roar higher as this week’s data from the consumer price index (CPI) jumped 6.2% from a year ago. Americans are concerned as the Federal Reserve has expanded the monetary supply like at no other time in history, suppressed the benchmark interest rate, and U.S....

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