Blockstream targets continued Bitcoin miner surplus with series 2 BASIC note
Blockstream CEO Adam Back says 2023 presented a unique investment opportunity with Bitcoin’s price doubling amid low ASIC miner prices on secondary markets. Go to Source
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ECB assesses environmental footprint of cash, sees room for improvement
In Europe, the environmental footprint of banknotes is minuscule compared to crypto’s, but crypto has advantages of its own. Go to Source
El Salvador’s Volcano Bond gets regulatory approval, targets Q1 launch
The Volcano Bond was approved by the country’s Digital Assets Commission on Dec. 11, with issuance expected in Q1, 2024. Go to Source
Phoenix seals $380M deal with WhatsMiner for green Bitcoin mining
Phoenix Group is acquiring hydro cooling mining equipment from WhatsMiner worth over $136 million, with the option of an additional $246 million purchase. Go to Source
Bitcoin miner Phoenix surges 50% after $371M Abu Dhabi IPO
Crypto mining firm Phoenix Group has debuted trading on the Abu Dhabi Securities Exchange, with the stock opening at $0.6. Go to Source
Core Scientific explains its latest bankruptcy plan ahead of court date
If approved, this third version of the plan will go into effect on Jan. 5, 2024, and see the company add 372 MW in capacity by 2027. Go to Source
Hut8 Mining operates as U.S.-domiciled entity following USBTC merger
Amid the delisting and relisting process, Hut8 shareholders received 1 New Hut common stock for every Hut 8 share held, an official announcement confirmed. Go to Source
Celsius faces hurdle as judge hints at new vote for Bitcoin mining shift
Judge Martin Glenn reportedly said that the proposed transformation into a Bitcoin mining business deviates significantly from the deal creditors initially voted on. Go to Source
Estonian court nixes extradition of accused crypto scammers to US
Ivan Turogin and Sergei Potapenko are suspected in a $575 million fraud case, but they can’t be exposed to U.S. detention conditions. Go to Source
Jack Dorsey wants to decentralize Bitcoin mining with new investment
Ocean, which raised $6.2 million in a funding round led by Jack Dorsey, plans to enable miners to get block rewards directly from Bitcoin. Go to Source