Chinese ASIC-maker Canaan Creative announced a 74.8% drop in gross profit for the third quarter as Bitcoin prices cause miners to operate at a loss. The company racked up a profit of approximately $32.9 million […]
Gruenberg, who has served on the FDIC board for a record 17 years after working for Democrats on the Senate Banking Committee, has been a reliable proponent of tougher financial rules, though his position on […]
“His childhood, early success on Wall Street, embrace of effective altruism and the creation of a crypto empire that catapulted him in record time into the ranks of the richest people in the world seemed […]
After tracing the attacker’s blockchain transactions, Arkham found that they “appeared to be in panic” and “lost a large amount of their token holdings” when they moved assets across different chains to avoid getting caught. […]
In a recent Bitcoin and blockchain conference held in Argentina, crypto leaders opined about what led to the collapse of one of the largest exchanges, FTX. During the panel discussion, while some opined that it […]
The fall of a big player in the crypto trading sector has created a domino effect: lack of liquidity, according to a new report from Kaiko Research. Source link
In the same quarter, TeraWulf significantly increased its hashrate, or computing power, and energy capacity that could be used for deploying mining machines. About 50 megawatts (MW) of power were brought online at its mining […]
Most other major cryptos were trading in the green, albeit barely so. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets. Source link
The community negatively views centralized exchanges due to the recent FTX saga, as Exchanges try to prevent FUD amidst fears of contagion. It is a challenging phase for centralized exchanges as they try to reassure […]
The miner is trying to improve its liquidity during the crypto bear market. Source link
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