Riot reports 17K miners offline due to Texas weather
The mining firm reported two of the buildings at its Whinstone facility in Rockdale were damaged in December as Texas experienced days of sub-zero temperatures. Go to Source Powered by WPeMatico
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Sam Bankman-Fried’s holding company files for bankruptcy
Emergent Fidelity Technologies filed for Chapter 11 in U.S. Bankruptcy Court for the District of Delaware to pursue a “form of joint administration” between its case and FTX’s. Go to Source Powered by WPeMatico
Kraken shuts down Abu Dhabi office: Report
Several Kraken employees will reportedly remain in the Middle East and North Africa, with regional managing director Benjamin Ampen likely to leave following the transition. Go to Source Powered by WPeMatico
Social token platform Rally announces shutdown of sidechain
Rally cited a “challenging year” for the crypto industry in its decision to “begin to sunset” the platform’s sidechain after Jan. 31. Go to Source Powered by WPeMatico
Hackers take over Robinhood’s Twitter account to promote scam token
A since-removed tweet called on Robinhood’s 1.1 million Twitter followers to each pay $0.0005 for a token called ‘RBH’ on the Binance Smart Chain. Go to Source Powered by WPeMatico
FTX CEO says he is exploring rebooting the exchange: Report
FTX Trading, doing business as FTX.com, was one of roughly 130 companies under FTX Group that filed for bankruptcy following the firm’s reported liquidity crunch in November. Go to Source Powered by WPeMatico
Spain’s central bank approves euro-linked token pilot as part of sandbox initiative: Report
To use the tokens, users will need to verify their identity through phone and video identification, and load their wallet with real euros. Go to Source Powered by WPeMatico
Genesis is planning to file for bankruptcy: Report
Another one bites the dust? Reports suggest the initial filing could come later this week. Go to Source Powered by WPeMatico
FTX: it took ‘Herculean investigative effort’ to identify $5.5B in liquid assets
Debtors said they had identified $1.7 billion in cash, $3.5 billion in crypto assets and $0.3 billion in securities following FTX filing for Chapter 11 bankruptcy. Go to Source Powered by WPeMatico
Binance Launches Off-Exchange Settlement Solution ‘Binance Mirror’ for Institutional Clients
The largest crypto-asset exchange by global trade volume, Binance, announced that its custody business has launched an off-exchange settlement solution for institutional clients. With this solution, institutions can lock a specified amount of crypto with a qualified cold storage wallet, and assets will be mirrored on their Binance exchange account with a 1:1 balance. Binance … Read more