Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022

This week the bitcoin mining firm Genesis Digital Belongings introduced that the agency has secured 708 megawatts (MW) in capability and revealed plans to create 130 full-time jobs in the US. The... Read more »

Bitcoin Mining Operations Continue to Expand Amid the Crypto Winter, While Converting ‘Wasted Gas to Energy at Scale’

The bitcoin mining trade continues to increase as corporations are acquiring extra megawatts of capability, constructing new services, and buying hundreds of application-specific built-in circuit (ASIC) mining rigs. On Friday, the agency... Read more »

El Salvador’s ‘My First Bitcoin:’ How to teach a nation about crypto

The grassroots Mi Primer Bitcoin or “My First Bitcoin” program has picked up steam in El Salvador. The primary cohort of Bitcoiner-come-students started research in Could this 12 months. Based by John Dennehy,... Read more »

Three Arrows Capital unravels as creditor list emerges

Three Arrows Capital (3AC) liquidators have utilized to a Excessive Court docket in Singapore to disclaim any declare made by the hedge fund or entry to its headquarters, courtroom filings confirmed. The... Read more »

GameFi sector down, but not out

Whereas the Web3 GameFi sector continued to bleed customers in June and see funding rounds slashed, a number of fashionable video games have stored their token costs and consumer numbers comparatively secure.... Read more »

3AC liquidators are trying to secure Singapore assets of the hedge fund

The Excessive Court docket of Singapore granted interim aid to the liquidators of Three Arrows Capital (3AC) on July 15 to research and protect the property of the bancrupt crypto hedge fund... Read more »

Bitcoin traders expect a ‘generational bottom,’ but BTC derivatives data disagrees

A descending triangle sample has been pressuring Bitcoin (BTC) for the previous three weeks and whereas some merchants cite this as a bullish reversal sample, the $19,00zero help stays a vital stage... Read more »

3AC Is Broke. What’s Next for Its Multi-Million Dollar NFT Collection?

Key Takeaways The contagion from Three Arrows Capital’s ongoing liquidation might unfold to its related NFT fund, Starry Evening Capital. Starry Evening Capital was based in August 2021 and sought $100 million... Read more »