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3232Report: Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow
https://www.digit.info/report-silicon-valley-bank-under-fdic-auction-as-calls-for-bailout-grow/
Sun, 12 Mar 2023 18:30:23 +0000https://www.digit.info/2023/03/12/report-silicon-valley-bank-under-fdic-auction-as-calls-for-bailout-grow/Read more]]>The U.S. Federal Deposit Insurance Corporation (FDIC) began an auction process for Silicon Valley Bank (SVB) late Saturday night, according to reports. Final bids are due by Sunday afternoon. Unnamed sources indicate that the FDIC is seeking to close the deal promptly after California regulators closed the bank and placed it into FDIC receivership on […]
]]>Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining Rigs
https://www.digit.info/iris-energy-boosts-self-mining-capacity-with-4-4-eh-s-of-new-bitmain-bitcoin-mining-rigs/
Tue, 14 Feb 2023 05:45:00 +0000https://www.digit.info/2023/02/14/iris-energy-boosts-self-mining-capacity-with-4-4-eh-s-of-new-bitmain-bitcoin-mining-rigs/Read more]]>Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j Pro miners from Bitmain.
Iris Energy Leverages $67 Million in Bitmain Prepayments for Latest Mining Expansion
Bitcoin mining company, Iris Energy, announced plans […]
]]>BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert
https://www.digit.info/busd-redemptions-soar-near-290-million-in-8-hours-after-nydfs-consumer-alert/
Tue, 14 Feb 2023 02:45:02 +0000https://www.digit.info/2023/02/14/busd-redemptions-soar-near-290-million-in-8-hours-after-nydfs-consumer-alert/Read more]]>Before Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD had approximately 16.16 billion tokens in circulation. In the past eight hours, nearly $290 million has been redeemed, bringing the number of BUSD in circulation to 15.87 billion. Stablecoin BUSD Sees Increased Redemption Activity During Regulatory Scrutiny The stablecoin BUSD […]
The U.S. Federal Deposit Insurance Corporation (FDIC) began an auction process for Silicon Valley Bank (SVB) late Saturday night, according to reports. Final bids are due by Sunday afternoon. Unnamed sources indicate that the FDIC is seeking to close the deal promptly after California regulators closed the bank and placed it into FDIC receivership on […]
Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j Pro miners from Bitmain.
Before Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD had approximately 16.16 billion tokens in circulation. In the past eight hours, nearly $290 million has been redeemed, bringing the number of BUSD in circulation to 15.87 billion. Stablecoin BUSD Sees Increased Redemption Activity During Regulatory Scrutiny The stablecoin BUSD […]