Marathon site manager ducks Texas noise charges amid resident complaints
David Fischer, manager of a Texas site for Marathon Digital, was acquitted on charges alleging the site violated local noise ordinances.
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Stocks fall, yields rise as inflation data comes in hotter than expected
The stock market declined on October 12 as the US BLS released new data showing prices rose faster than expected. October 12, 2023Stocks fell in the US today as newly released inflation data overshot expectations. The Dow Jones Industrial Average fell by 173.73 points (0.51%), to 33,631.14. The S&P 500 declined by 27.34 points (0.62%)

Inspector General wants FDIC to refine crypto risk assessment process, guidance
The bank deposit insurer should assess the sufficiency of its risk mitigation measures and then provide them in a more organized manner, the inspector general found. 227 Total views 18 Total shares The Inspector General’s Office (OIG) of the Federal Deposit Insurance Corporation (FDIC), the independent United States government body that provides deposit insurance to

Huobi Global Announces Measures to Strengthen Its Presence in Russia
The exchange is taking advantage of the growing Russian crypto market. As part of its Russian expansion plans, Seychelles-based exchange Huobi Global appointed Vladimir Demin as the company’s chief advisor. His main role will be to help develop the company’s market in the region.According to the announcement, he had previously served as partner and CEO…

Ethereum options data shows pro traders expect strong resistance at $3,600
Ether (ETH) price has bounced 13% from its Jan. 9 low at $2,950, but it seems premature to call the move a cycle bottom. Instead, the larger bearish movement has prevailed and although it looks primarily correlated to Bitcoin (BTC) price, regulatory concerns and a tighter United States Federal Reserve policy have also been blamed…

Bitcoin Price Surges 10% to $7.7K as Bulls Smash Key Resistance Level
A sudden flashpoint ignites for Bitcoin markets, propelling the cryptocurrency beyond $7,200 to top out closer to $7,800. 3874 Total views 50 Total shares Bitcoin (BTC) surged above key resistance levels on April 23 as bulls gained control and propelled markets 10% higher.Cryptocurrency market daily overview. Source: Coin360BTC price jumps $700 in hoursData from Coin360…

Sam Bankman-Fried apologizes for FTX liquidity crisis: ‘I fucked up twice’
According to the FTX CEO, Alameda Research was also “winding down trading” but United States-based exchange FTX US “was not financially impacted” by recent events. 1784 Total views 7 Total shares In one of his first public statements since rumors and concerns about FTX’s insolvency flooded the crypto market, CEO Sam Bankman-Fried, or SBF, has…

Listed companies, trusts and ETPs now control almost 7% of the Bitcoin supply
More publicly traded firms added Bitcoin to their treasuries during the first four months of 2021 than during the entirety of last year. But will it continue? 1630 Total views 5 Total shares More than $6.5 billion worth of BTC — or close to 1% of the crypto asset’s entire capitalization — is held by…

The Bahamas central bank wants to make its digital ‘Sand Dollar’ global
The Bahamas’ digital currency is currently used domestically. The Central Bank of the Bahamas (CBOB) is planning to make its central bank digital currency project interoperable on the international level.Bobby Chen, CBOB assistant manager of electronic solutions, claimed that the Bahamas’ digital currency — dubbed the “Sand Dollar” — should eventually be interoperable with other…