The exchange announced that mining connections will be blocked as of November 10th at 10:00 AM. After this date, no new mining …
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Mining
More Bitcoin miners completely exit hashrate lane as AI, HPC cash continues to flow
by shayaanby shayaanThe group of Bitcoin miners that have stopped hashing entirely to focus on something else, in most cases, AI, continues to receive …
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Mining
Nearly a fifth of all Bitcoin mining power is sitting completely dark, and turning it back on could trigger a brutal margin trap
by shayaanby shayaanMining services firm Luxor estimates that about 235 exahashes per second (EH/s) of capacity in specialized Bitcoin mining machines is sitting idle. …
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Finance
Ten mystery investors are using 2,380 BTC to completely hijack a Nasdaq company and gut its leadership
by shayaanby shayaanZhibao Technology, a Nasdaq-listed Chinese insurtech company, signed a $154.7 million private investment in public equity (PIPE) agreement payable in 2,380 $BTC. …
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Smart Contracts
Bitcoin, Stocks Surge as Iran Says Strait of Hormuz Is ‘Completely Open’
by shayaanby shayaanBitcoin jumped to a two-month high on Friday after Iran declared that commercial traffic could flow freely through the Strait of Hormuz …
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Regulation
Surprising Cryptocurrency Move from the UK! Bitcoin (BTC) and Altcoin Payments are Being Evaluated in a Completely Different Field!
by shayaanby shayaanAccording to Bloomberg, the UK gambling regulator is considering allowing cryptocurrency payments. Accordingly, the UK Gambling Commission (UKGC) is considering accepting cryptocurrencies …