The 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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Completely
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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 …