Bitcoin halving impacts miner Riot’s revenue by 43% despite new facility
To keep up with the declining Bitcoin rewards, Riot Platforms opened a new mining facility near Corsicana, Texas.
Related Posts
3AC’s Zhu was in Bangkok, disputed liquidator’s court filing in Singapore: Report
Zhu, whose whereabouts had been unknown for weeks, delivered an affidavit that disputed Teneo claims and elucidated the internal structure of the failed hedge fund. 344 Total views 41 Total shares According to a document seen by Bloomberg, Zhu delivered the affidavit in person on Aug. 19. In it, Zhu states that Teneo “had not…
Coinbase Defends Against BCH Lawsuit From Users, Case Ongoing
Cryptocurrency exchange Coinbase, launched in 2012, is considered to be one of the largest exchanges operating in the United States — and the most trusted. However, an alleged wrongdoing back in December 2017, caused a long court procedure, the outcome of which is still vague and uncertain. It’s all fun and games until a hard forkOn…
Driven by Financial Institutions, Stablecoin Acceptance Turns a Corner
Major financial institutions love certainty, and that will help the crypto community immensely. Let’s get down to basics: A stablecoin is a type of digital asset designed to solve the problem of the hypervolatility of cryptocurrencies.This year is an exciting time for stablecoins as interest among financial institutions picks up speed. For example, Wisdomtree, a…
Nasdaq-Powered Security Token Exchange Shutters to Pursue Merger
Just nine months after its launch, the Nasdaq-powered digital trading platform DX.Exchange is temporarily shutting down as it pursues a merger or outright sale.The Estonia-based platform made the announcement on Nov. 3, informing users that “the costs of providing the required level of security, support and technology is not economically feasible on our own.”Users asked…
3 Reasons Analysts Are Bullish on Bitcoin Despite 33% Price Correction
As Bitcoin dropped an additional 8% on Saturday, naysayers claim the rally to a new all-time high is over. So what is it that’s keeping market analysts bullish in the face of a 33 percent correction? Bitcoin price bears draw a line at $10,000Bitcoin’s most recent price action has been less than satisfactory, unless you’re a…
Central African Republic to tokenize the nation’s natural resources
The impoverished country has launched an ambitious crypto project that includes using Bitcoin as legal tender, attracting investment and creating its own metaverse. 98 Total views 3 Total shares The Central African Republic (CAR) has announced plans to proceed with its ambitious Sango Project by tokenizing access to the country’s abundant natural resources. President Faustin-Archange…
Robinhood to axe 7% of full-time staff in latest round of layoffs: Report
Roughly 150 full-time employees are being laid off, according to internal company messages. Online brokerage firm Robinhood Markets will reportedly lay off roughly 150 full-time staff — 7% of its total workforce — in its third round of layoffs in just over a year. According to an internal company message seen by The Wall Street Journal,…
Bitcoin carves out a bottom, opening the door for KAS, MKR, AR and NOT to rally
Bitcoin price climbs back above $60,000, opening the door for KAS, MKR, AR and NOT to move higher.