CleanSpark bought over 3,800 mining machines at $15.50 per terahash – far below the current market price of $22.94 and an 85.4% discount from the all-time high costs of $106.62 in Dec. 2021. Sustainability-focused Bitcoin (BTC) mining company CleanSpark has snapped up another 3,843 cryptocurrency miners amid a backdrop of mining industry consolidation. The $5.9...Continue Reading

The FTX director of engineering reportedly contributed $500,000 to the Democratic Party of the American state of Oregon. A senior FTX executive has been revealed as the reported mystery donor behind a massive $500,000 contribution to the Democratic Party of the American state of Oregon. According to local reports, the Oregon Democrats initially told state...Continue Reading

The bug led LND nodes to fail to sync chain in the second critical bug in less than a month. An emergency update was released to all Lightning Network’s LND node operators on Nov 1., after a critical bug caused LND nodes to fall out of sync chain. This was the second critical bug experienced by...Continue Reading

The company said it will allow customers to pay with any bitcoin lightning-enabled app and QR codes for speedy payments. Pick n Pay, one of South Africa’s largest supermarket chains, is set to allow its customers to pay for items in all its stores using Bitcoin. According to South African-based tech news outlet Tech Central,...Continue Reading

Nirmala Sitharaman’s comments came amid the Reserve Bank of India launching its digital rupee pilot program for the wholesale segment. India’s Finance Minister Nirmala Sitharaman said she would love to show that the country is “moving speedily forward” with digital financial technology as it prepares to assume the presidency of the G20. Speaking at the...Continue Reading

The bottom might not be in, but a report from Arcane Research outlines how the crypto market could perform in the short, medium and long-term. As November begins, analysts are busy dissecting the major market movements that occurred in October. While Bitcoin (BTC) stayed relatively unchanged with only 5.89% growth in October, Arcane Research senior...Continue Reading

The mining firm has cited the low price of Bitcoin, electricity costs, an increase in the BTC hash rate, and litigation with Celsius playing a role in its financial difficulties. Bitcoin mining firm Core Scientific is reportedly considering a potential bankruptcy amid a group of its convertible bondholders consulting restructuring lawyers. According to a Nov....Continue Reading

Leverage and hedging strategies are powerful ways to use derivatives contracts, but traders usually succumb to these three major mistakes. Novice traders are usually drawn to futures and options markets due to the promise of high returns. These traders watch influencers post incredible gains, and at the same time, the multiple advertisements from derivatives exchanges...Continue Reading

Initiated by Grayscale, the survey suggested crypto regulation was a bipartisan issue, with the majority of Democratic and Republican respondents saying they wanted clarity. Roughly a third of eligible voters in the United States will be “considering crypto policy positions” when choosing candidates in the 2022 midterm elections, according to a new survey. In the...Continue Reading

The rules, which include enormous fees for cryptocurrency users, set the company up for a fight it will be unable to win. Giant companies like Apple have made a fortune by centralizing their powers and profits and expanding their product and services network to be a part of people’s lives in as many ways as...Continue Reading