Binance chief executive Changpeng Zhao has said the company intends to pull back on potential investments in the US, as US regulators expand their crackdown on crypto companies. Zhao, the sprawling crypto group’s co-founder, said […]
Bitcoin mining operation Cleanspark has acquired 20,000 brand-new Bitmain mining rigs for $43.6 million, the company reported. Once installed, Cleanspark expects to increase its capacity by 37% by adding roughly 2.44 exahash per second (EH/s) […]
The CEO of Custodia Bank, Caitlin Long, has slammed regulators and lawmakers in Washington D.C. for their “misguided crackdown” on the crypto sector and ignoring her warnings of major “fraud” allegedly conducted by now-bankrupted entities. […]
A draft law filed in the Russian parliament permits operators of platforms providing financial services to also run blockchain platforms. The legislation will allow them to combine their regular activities in the traditional financial market […]
The largest creditors of bankrupt cryptocurrency exchange Mt. Gox have chosen a payment option that will allow them to receive a lump sum of their recovery payout in bitcoins rather than fiat. The creditors, now-defunct […]
The US and China are engaged in a global struggle for dominance in the semiconductor industry (aka “chip wars.”) Recognizing the importance of semiconductor chips in innovation and national security, both countries are investing to […]
Filecoin price went vertical on Friday amid concerns about its utility. Gifto lost momentum as the rebrand hype died. Safemoon was left behind in the meme token rally. Cryptocurrencies had a mixed performance this week […]
The former head of engineering at the collapsed cryptocurrency exchange FTX is nearing a plea deal with federal prosecutors, according to people familiar with the matter, potentially bolstering the criminal case against founder Sam Bankman-Fried. […]
The future of crypto has regularly been cast into doubt over the past 10 years. Since Bitcoin (BTC) first skyrocketed to nearly $1000 in 2014, it has repeatedly gone through explosive bull runs and deep […]
Bitcoin miner CleanSpark is growing its mining capacity in the United States with the purchase of 20,000 new Antminer S19j Pro+ units for $43.6 million. The acquisition is expected to boost the company’s computing power […]
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