Bitcoin ASIC maker Bitmain expands production line into US
It comes as US Bitcoin miners have had to deal with delayed deliveries of Bitmain ASICs that have been stuck at US ports of entry for weeks.
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Post-FTX crypto industry needs education before regulation: Former Biden advisor
“What I preach for is regulation that protects and prevents but does not cripple and destroy [innovation],” the senior adviser told Cointelegraph.

Two Feet and FEWOCiOUS’s NFT auction becomes the third to top $1m in sales
Four collaborative NFTs launched by musician Two Feet and visual artist FEWOCiOUS have generated more than $1m in Nifty Gateway’s largest auction of 2021 so far. 1668 Total views 8 Total shares The auctions were organized by Illumino, an NFT-focused firm seeking to bring “tastemakers and artists” together to launch innovative art on-chain. Illumino was…

New Bitcoin Core Software Update Uses Bech32 Addresses by Default
The Bitcoin Core development team released the latest update on Nov. 24 to Bitcoin (BTC)’s original software client — the nineteenth in the coin’s eleven-year history.Releasing Bitcoin Core 0.19.0 (eventually 0.19.0.1 in the available download version, following the discovery of a last-minute issue) was overseen by lead maintainer Wladimir J. van der Laan and was…

Crypto Trading Firm INX Hopes to Raise $5M-$130M in Upcoming IPO
Gibraltar-registered blockchain and cryptocurrency-focused startup INX Limited intends to raise between $5 million and $130 million through an initial public offering (IPO) per a document filed with the United States Security and Exchange Commission (SEC).The filing reads that INX — which develops a regulated platform for cryptocurrency trading and an alternative trading system for security…

Police Arrest Alleged India Head of Now-Defunct Bitconnect Scam
Indian police have arrested a man who was allegedly involved in promoting the Bitconnect investment scam, Financial Express reported August 18. The suspect, Divyesh Darji, is said to have been the India head of Bitconnect, the high-yield investment program that ceased its operations in January 2018 after coming under scrutiny for appearing to be a…

Bitcoin price correction 'very common' if $56K lows hold — Peter Brandt
Bitcoin bulls see signs of the worst being over as a BTC price bounce gathers pace toward $60,000.

Study: China’s BTC Miners Control 66% of Global Hash Rate
Chinese Bitcoin (BTC) miners are now responsible for controlling as much as 66% of global hash rate, a new report claims.China’s Sichuan province is accounting for over half the global hash rate, according to a study by London-based digital asset manager CoinShares, Reuters reports Dec. 11.Hash rate is a measure referring to the overall computing…

Margin trading vs. Futures: What are the differences?
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