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Bitcoin Miner Marathon to Start Energizing Texas Rigs at Compute North Facility
The dramatic decline in bitcoin prices led to a $127.6 million impairment on the company's BTC holdings in the second quarter.
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US Senate Republican Seeking Bipartisan Support for Stablecoin Oversight Effort
The ranking Republican on the Senate Banking Committee is talking to Democrats, including Chairman Sherrod Brown, to gain broader support.
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Huobi Tech Subsidiary Is Granted US Money Transfer License
The license opens the door for the brokerage unit to offer cryptocurrency transactions in the future.
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Derivatives' Old Guard Fights FTX Chief Over Plan to Cut Out Middlemen
FTX CEO Bankman-Fried testified at a House hearing, defending his CFTC proposal to directly clear customers’ margin-backed derivatives.
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'Failure Should Be an Option,' US Sen. Pat Toomey Says of UST Turmoil
The Banking Committee’s top Republican doesn’t want asset-backed stablecoins tarnished by the UST drama.
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Coinbase Has No Risk of Bankruptcy, New 10-Q Disclosure Language Is SEC Requirement, CEO Armstrong Says
The new language points out that customers could be treated as general unsecured creditors if there ever were to be such proceedings.
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Past-Peak Inflation Might Be Misleading as Price Pressures Continue to Mount
As inflation peaks, bitcoin traders should be wary of reading too much into data.
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Core Scientific Begins Reporting Daily Bitcoin Mining Production
The figure will be updated every day at 12:00 p.m. EST (16:00 UTC) on the mining company's home page in a bid to improve transparency.
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Bit Digital Has Deployed 39% of Its Crypto Mining Rigs in North America
The firm has shipped all of its machines out of China, but is waiting on hosting capacity to be completed.
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US Shutters Embassy in Belarus Amid Russia-Ukraine Peace Talks
As with mainstream financial markets, cryptocurrency has felt the ripples of the hostilities in Eastern Europe.
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