Tag: Mining

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Core Scientific Filed for Chapter 11 Bankruptcy but Says It Will Continue Operations

According to a source acquainted with the company's financial situation, cryptocurrency mining giant Core Scientific will file for Chapter 11 bankruptcy in Texas first...

Block Is Actively Seeking Bitcoin Miners and Wallet Developers

Block, a payments company, has been working hard to hire people for its Bitcoin mining and wallet hardware departments. Several ads on LinkedIn in...

EU is Moving to Regulating Energy Consumption of Crypto

On October 18th, the EU issued a set of papers about an action plan for executing the European Green Deal and the REPowerEU Plan....

Binance Introduces a $500 Million Loan Program to Miners

Binance Pool, a mining subsidiary of Binance, has established a loan scheme with a total funding capacity of $500 million to assist the cryptocurrency...

Kazakhstan Legalizes Crypto and Signs MoU with Binance

An MOU between Binance and the Financial Monitoring Agency of Kazakhstan has been signed. Both groups discussed how they would want to see the nation's virtual asset markets develop in...

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Italy’s Intesa Sanpaolo Makes Historic €1M Bitcoin Investment

Italy's largest bank, Intesa Sanpaolo, completed its first proprietary...

Sony’s Soneium Blockchain Faces Backlash Over Memecoin Blacklisting

The launch of Sony's Soneium blockchain has sparked significant...

Historic Shift in Crypto Markets: Bitcoin’s Dominance Shows First Death Cross Since 2020

A significant technical indicator has emerged in the cryptocurrency...

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