Today in Crypto: Sam Bankman-Fried to Testify Next Week, Regulators Postpone FTX Japan’s Suspension,...
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Regulation newsFormer FTX...
Kenya-Based Bitcoin Mining Company Raises $2 Million in Seed Investment Led by Jack Dorsey-Owned...
Gridless, a bitcoin mining company operating from Kenya, recently raised $2 million in seed investment from Block, a digital payments company owned by Twitter...
Paraguayan Cryptocurrency Law Shelved After Presidential Veto
The cryptocurrency and mining law that the Paraguayan Congress passed in June was finally shelved on Dec. 5. The document, which sought to bring...
Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill
Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved...
Russia Expects Sizable Increase in Crypto Miners’ Share of Power Usage
The crypto mining industry may see a two-fold increase in its share of Russia’s power consumption in 2022, according to a high-ranking official from...
Bitcoin’s Difficulty Slides 7.32%, Reduction Marks the Largest Drop in 2022
On Dec. 5, 2022, at block height 766,080, Bitcoin’s mining difficulty adjustment dropped 7.32% lower, making it the largest difficulty reduction in 2022. The...
Today in Crypto: HashKey and SEBA Bank Join Hands, KuCoin Hires Mazars for Proof...
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Banking newsDigital asset...
Demand for Cryptocurrency Miners Rises in Russia Amid Low Prices of Hardware
Russia’s market for specialized crypto mining equipment has been seeing high demand over the past couple of months, with buyers attracted by the low...
Applied Direct Response — ERCOT Study Shows Bitcoin Mining Is Beneficial to the Texas...
On Nov. 29, 2022, The Electric Reliability Council of Texas (ERCOT) published a report on seasonal assessment and resource adequacy for the ERCOT region....
Bitcoin’s Total Hashrate Slides Lower in December as BTC Miners Struggle for Profits
While bitcoin prices have been lower than the estimated cost of bitcoin production, the network’s hashrate has dropped a great deal since mid-November. Presently,...