Bitcoin Mining Companies Owe Over $4B, Core Scientific Owing the Most: Report
An analysis of public Bitcoin mining companies by the Hashrate Index revealed that they owe more than $4 billion. The largest...
Cardano Key Shark Address Grows By 331 Million After FTX Collapse
Santiment reported on December 22nd that since the collapse of FTX, 331 million additional ADA had been added to Cardano’s key shark address...
OKX Publishes Second POR Report, Setting New Standard For Transparency
On December 22nd, OKX, the second-largest cryptocurrency exchange in the world, issued its second Proof of Reserves (PoR) on its website. The exchange...
Crypto Exchange Bullish & SPAC Call Off Their Merger, After 18-Months Of Intense Efforts
On December 22nd, Cayman Islands-based crypto exchange Bullish and the special purpose acquisition company, Far Peak Acquisition Corporation disclosed their mutual decision to...
Ripple CEO Compares FTX’s Fraud To Wells Fargo’s Funds Mismanagement
During the feverish FTX turmoil news cycle, Ripple CEO Brad Garlinghouse weighs in with a new comparison, FTX’s fraud with Wells...
FTX Spent $84 Million To Acquire Blockfolio, Almost Entirely In FTT Tokens
Financial records obtained by Bloomberg News show that the bankrupt crypto exchange FTX used a token it created to pay for the...
German Bitcoin Miner Expects Revenue Of $205M For 2022 – Despite Volatile Markets
Northern Data, a German Bitcoin mining company’s CEO, Aroosh Thillainathan, shared a letter to shareholders on December 21st that included a positive...
British Columbia Pulls Plug on Crypto Mining Requests For 18 Months
BC Hydro suspends electricity requests from crypto mining operations for 18 months to protect the province’s clean electrical supply and support its...
MoneyGram & Ripple Partner To Launch Fee-Free Online Transaction Service In Brazil
On December 20, MoneyGram International, a pioneer in the development of digital P2P payments, announced the launch of MoneyGram Online (MGO) in Brazil...
Here’s when Saylor Admitted that Bitcoin Is a Speculative Asset
For the first time, Saylor admitted that adding Bitcoin to the MicroStrategy balance sheet was essentially a “Hail Mary” to prevent...