CleanSpark reports 187% hashrate growth

Malaysia gets out the steamroller as Bitcoin mining stolen electricity issue worsens, Korea’s new ‘exchange closure’ scam. Asia Express

The report also found that one-tenth of all Bitcoin miners control 90% of network hash rate. 371 Total views 8 Total shares Researchers have found that roughly 11,000 entities are responsible for more than half of Bitcoin’s on-chain volume.According to a study published by the National Bureau of Economic Research (NBER) on Oct. 21, 11,043…

Police in South Korea have contacted the country’s leading exchanges to freeze any funds linked to the embattled Luna Foundation Guard. 112 Total views 18 Total shares Crypto exchanges in South Korea have been issued notices from police requesting the sequestering of funds related to the Luna Foundation Guard. On May 23rd, 2022, Korean authorities sent…

“We determined that making these reductions to Robinhood’s staff is the right decision to improve efficiency,” noted Robinhood CEO and co-founder Vlad Tenev. 1194 Total views 4 Total shares Popular retail trading platform Robinhood has fired 9% of its workforce amid a firesale of its stock that has seen HOOD plunge to all-time lows. In…

Data from the Personal Consumption Expenditures (PCE) index showed an uptick of 0.3% in February, which lower than the 0.5% increase seen in January. Economists had projected a rise of 0.4% and the PCE data suggests that inflation is gradually showing a decreasing trend. Risky assets rallied in response to the data and some analysts expect…

Formerly known as Pantronics Holdings, Huobi Technology has shifted its focus from electronic products to crypto. 875 Total views 5 Total shares Hong Kong-listed virtual asset platform Huobi Technology Holdings has launched a cryptocurrency over-the-counter (OTC) service, the firm announced to Cointelegraph on Wednesday.Listed on the main board of the Hong Kong Stock Exchange (HKEX)…

According to his logic, Bitcoin has been a failure for 11 years. 5374 Total views 15 Total shares Bitcoin has gained significant media attention in recent days, in line with its price rise to nearly $50,000, the institutional implications of Tesla’s recent $1.5B purchase. Nassim Nicholas Taleb, who previously worked as a risk analyst and options…

Bitcoin may not make the current monetary and financial system extinct, although its usage will likely vary depending on one’s location. 2070 Total views 6 Total shares Bitcoin may not mean an end to traditional currency and banking, according to Peter Van Valkenburgh, research director at Coin Center. “I think there’s folks in the Bitcoin community…

Stakers will earn Chainlink tokens as they participate in a decentralized alerting system that flags the network when feeds are not meeting performing requirements. Own this piece of crypto history Collect this article as NFTBlockchain oracle network Chainlink has launched its staking feature to help increase the economic security of the platform's oracle services. In an…