CleanSpark targets 400MW Bitcoin mining capacity after acquiring GRIID
CleanSpark CEO Zach Bradford said it was a strategic move for the firm to increase its mining capacity in Tennessee.
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Law Decoded: All vs. One and One vs. All, Jan. 22-29
Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law.Editor's note“It was the best of times, it was the worst of times,” begins the most famous English-language story of the French Revolution. Though many would disagree with me, I would argue that neither is true of…
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WEF’s promo video shows Bitcoin mining, but leaves out the B-word
The video showed multiple scenes depicting rows of what appears to be Bitcoin mining rigs, but the cryptocurrency never got a mention. 546 Total views 24 Total shares Own this piece of history Collect this article as an NFTThe World Economic Forum (WEF) showcased the facilities and tech employed by a cryptocurrency mining firm and…
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Japan’s Metaplanet up 6% as Bitcoin stack nears 400 BTC
Metaplanet’s stock has jumped 480% since it unveiled its Bitcoin strategy in April, but the firm is down 13% on its investment.
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One tenth of Russians ready to get salaries in digital ruble, report says
A new survey of 3,000 Russians suggested that most people strongly disagree with receiving salary payouts in a state-controlled digital currency. 270 Total views 87 Total shares Amid the Bank of Russia continuing progressing with its central bank digital currency (CBDC) development, one survey suggested that few Russians are ready to accept salary payments in…
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Gala Games CEO blames $23M exploit on ‘messed up’ internal controls
Gala Games CEO Eric Schiermeyer confirmed on Tuesday there was a “security incident” that resulted in the unauthorized sale of 600 million GALA tokens.
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Portuguese regulator grants first crypto license to a bank
Bison Bank will offer its digital asset services to high net worth individuals, becoming the first banking institution in the country authorized to do so. 389 Total views 5 Total shares Portuguese based bank Bison Bank has received permission from Portugal’s Central Bank (Banco de Portugal) to operate as a “virtual asset service provider ”(VASP),…
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Sovryn launches complete suite for Bitcoin DeFi on RSK
The protocol features leveraged trading, lending and borrowing and an in-house decentralized exchange. 664 Total views 6 Total shares Sovryn, a decentralized finance platform operating on the RSK Bitcoin sidechain, announced on Tuesday its public launch. Users can now access a full suite for trading Bitcoin (BTC) in a trustless, noncustodial environment, benefiting from powerful leverage and…
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Telegram Lawyers Say Proving Data-Privacy Compliance May Take Months
Lawyers representing the messenger giant Telegram have stated that a review of financial records requested by the United States Securities and Exchange Commission (SEC) will take five to seven weeks to prepare. In a Jan. 9 court filing, the lawyers explained that they must analyze data protection laws in a number of foreign jurisdictions, greatly lengthening…