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Today in Crypto: Shinhan Bank Tests Stablecoin Payments on Hedera Network, Marathon Shareholders File Lawsuit Against CEO & Top Execs, Cronos Partners with Ubisoft
18.7.2023
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: Today in Crypto: Shinhan Bank Tests Stablecoin Payments on Hedera Network, Marathon Shareholders File Lawsuit Against CEO...
JP Baric, CEO of Miningstore, on Bitcoin Mining and Energy Usage | Ep. 248
18.7.2023
In an exclusive interview with cryptonews.com, JP Baric, Founder and CEO of Miningstore, talks about the benefits of bitcoin mining on the rural electric grid, energy usage and bitcoins inherent value, and transitioning from a debt-based monetary system to an energy-based system. ...
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Crypto Insurer Evertas Buys Bitcoin Mining Cover Specialist Bitsure
18.7.2023
Evertas has snagged the authority to offer mining policy limits of up to $200 million per location
Marathon shareholders file lawsuit against company's top management
18.7.2023
The CEO and other top executives are being accused of a breach of fiduciary duties, unjust enrichment and waste of corporate assets
Venezuelan Crypto Ecosystem Still in Shambles 4 Months After Sunacrip Intervention
18.7.2023
The Venezuelan cryptocurrency ecosystem remains on shaky ground four months after the intervention of national crypto watchdog Sunacrip, and the arrest of its head, Joselit Ramirez, due to alleged participation in a $20 billion corruption scandal involving the undeclared sale of crude oil...
Litecoin on the Brink of Third Halving: Record Hashrate and Profitable Mining Despite 17% Value Dip
17.7.2023
In a mere fortnight, the Litecoin network is poised for its third reward halving event, a seismic shift that will slash the LTC miners’ block rewards from 12.5 LTC per block down to 6.25 LTC. Data illustrates an intensified dedication of hashrate to the Litecoin blockchain as the critical...
Next Bitcoin Halving Event Could Be a Stress Test for Miners: JPMorgan
17.7.2023
The next halving will see a reduction in miners’ revenues and an increase in bitcoin production costs at the same time, the report said
CleanSpark’s Bitcoin mining capacity hits 8 EH/s as new facility goes live
13.7.2023
The Bitcoin mining company kicked off the second phase of its mining campus in Georgia, gearing up for the next Bitcoin halving
SEC Sues Bankrupt Crypto Lender Celsius, Alleges Misrepresentation of Customer Count and Risky Practices
13.7.2023
The U.S. Securities and Exchange Commission has filed a lawsuit against the now-defunct cryptocurrency lender, Celsius. The suit, filed Thursday, also names former CEO Alexander “Alex” Mashinsky as a defendant. Both he and the company stand accused of falsely promising investors a safe...
Hive Blockchain Shifts Focus to AI, Rebrands as Hive Digital Technologies
13.7.2023
Prominent crypto mining firm Hive Blockchain has rebranded itself to Hive Digital Technologies as the company shifts focuse toward artificial intelligence.
In a Wednesday statement, the Vancouver, Canada-based mining company said that the removal of "blockchain" from its name was a deliberate...
Bitcoin Price Prediction: Government Transfers $300M Worth of Bitcoin, Mining Difficulty Hits All-Time High
13.7.2023
Bitcoin, the world's largest cryptocurrency, has recently seen a decrease in value, currently trading at $30,330, a drop of 1.07% as of Thursday.
With the government reportedly transferring approximately 10,000 Bitcoin, equivalent to over $300 million, investor sentiment seems to be affected. ...
Crypto miner Hive Digital drops 'blockchain' from name amid pivot to AI
13.7.2023
Hive made the rebrand to reflect its “evolving focus” on revenue opportunities in AI, cloud commuting and GPUs
Bitcoin mining difficulty hits all-time high as BTC miner selling peaks
12.7.2023
In recent weeks BTC miners sent a record amount of Bitcoin to exchanges right as the network’s difficulty metric hit a new all-time high
Sue Ennis, VP at Hut 8, on Bitcoin, A.I Infrastructure, and Bitcoin Mining | Ep. 246
11.7.2023
In an exclusive interview with cryptonews.com, Sue Ennis, Vice President of Corporate Development and Investor Relations at Hut 8 Mining, talks about how A.I infrastructure is different from traditional data centers, the opportunity for miners in the data center space, and strategies & impact...
Revolutionizing cryptocurrency mining through cloud mining
10.7.2023
Crypto mining has gone through a revolutionary transformation, particularly with the development of mining in the cloud. This new approach to mining provides a substitute for more hardware-intensive processes and is quickly becoming the primary way people mine cryptocurrencies. In this article,...
Mining Disrupt 2023: The world’s largest Bitcoin mining conference and expo is back in Miami
10.7.2023
With an incredible lineup of sponsors and exhibitors, it promises to be, once again, the go-to yearly event for the Mining Community. “What started as the Mining Disrupt telegram group for miners over six years ago turned into our first official trade show in 2019, and now, we are thrilled to...
CPI meets low BTC supply — 5 things to know in Bitcoin this week
10.7.2023
Bitcoin is proving that everything is bullish but BTC price action this week, with network fundamentals and accumulation data in "up only" mode
Bitcoin Mining Difficulty Set to Surge: Record-Breaking Increase Looms, Erasing Recent Reduction
10.7.2023
According to data recorded on July 9, 2023, Bitcoin’s next difficulty adjustment is estimated to rise between 4.74% and 7.7%, erasing the 3.26% reduction that occurred on June 28. Moreover, the total network hashrate achieved a 24-hour all-time high on July 8, reaching 538 exahash per second...
Report: Crypto Industry Boasts 10,000 Companies and 190,000 Professionals With a Collective Valuation of $180 Billion
9.7.2023
A recent report released by K33 Research three days ago reveals that as of July 2023, the cryptocurrency industry boasts approximately 10,000 companies, employing an estimated 190,000 crypto professionals. Notably, K33 provides a comprehensive snapshot of the crypto landscape, highlighting that...
Bitcoin’s 2024 Halving Presents New Challenges: A Deep Dive Into the Future of Mining Rewards
7.7.2023
As we wrap up the initial six months of 2023, the Bitcoin network inches closer to a significant milestone — the impending block reward halving, which lies just under 300 days ahead. Projections indicate that this event is slated to take place between April 21 and 27, 2024, leading to...