3AC allegedly liable for $2.8B in creditor claims
The amount is likely understated as many of 3AC’s borrowing details remain confidential. Go to Source Powered by WPeMatico
Month: July 2022
Marathon Secures 254 Megawatts to Bolster Company’s 2023 Bitcoin Mining Goals
The bitcoin mining operation Marathon has announced the company has secured 254 megawatts of new hosting deals with the option to increase to 324 megawatts (MW). Marathon’s latest expansion deals should support the bitcoin mining firm’s intended goal of securing approximately 23.3 exahash per second (EH/s). Marathon Secures 254 MW of Bitcoin Mining Capacity — … Read more
Singapore’s financial watchdog pushes back against Terra and 3AC associations
According to the MAS managing director, TerraForm Labs, Luna Foundation Guard and Vauld were “not licensed or regulated” by Singapore’s financial watchdog. Go to Source Powered by WPeMatico
Austrian Post Builds the Future of Digital Stamp Collecting
PRESS RELEASE. Austrian Post, the national postal service of Austria, has announced the launch of its latest product called Crypto stamp art (CSA), which is based on the Ethereum blockchain. The shift to focus on going digital first is significant, since Austrian Post is a major player in the blockchain industry and have successfully sold … Read more
Crypto.com secures regulatory license in Italy
The mobile-first cryptocurrency exchange recently received regulatory approvals to operate in Greece, Singapore and Dubai. Go to Source Powered by WPeMatico
As The Merge Gets Closer, Ethereum’s Hashrate Dropped Over 26% Since the Network’s All-Time High 45 Days Ago
While a tentative date for The Merge has been pencilled in by developers, and even though it’s quite possible it could be delayed once again, Ethereum’s hashrate has dropped 26.26% during the last 45 days. 18.21% of the hashrate loss took place after June 30, as Ethereum’s global hashrate slipped from 1,190 terahash per second … Read more
US lawmaker criticizes SEC enforcement director for not going after ‘big fish’ crypto exchanges
Representative Brad Sherman said the SEC’s enforcement case against Poloniex was like going after “small fish” compared to major exchanges, which may include Kraken and Coinbase. Go to Source Powered by WPeMatico
Biggest Movers: SHIB Remains Close to 2-Month High, as BCH Extends Recent Gains
Shiba inu was trading close to a two-month high on Tuesday, despite prices marginally falling from yesterday’s peak. As of writing, prices of the meme coin remained elevated, despite earlier gains easing. Bitcoin cash was also higher, rising for a seventh consecutive session. Shiba Inu (SHIB) Following on from yesterday’s rally which took prices to … Read more
Technicals suggest Bitcoin is still far from ideal for daily payments
Even with the rise of layer-2 solutions, many experts believe Bitcoin may have missed the boat as a currency for day-to-day remittances go. Go to Source Powered by WPeMatico
Bitcoin lurks by $22K as US dollar falls from peak, Ethereum gains 20%
It’s all about Ethereum for crypto traders on the day as Bitcoin faces crucial resistance and a slew of sellers lying in wait. Go to Source Powered by WPeMatico