Nasdaq-traded shares of the company dropped by 70% immediately after the news broke. The miner said Celsius’s refusal to pay was costing it almost $53,000 per day. Core Scientific, one of the largest Bitcoin miners in the world, has warned that it may have to file for bankruptcy due to
Credit Suisse reported a net loss of 4.034 billion Swiss francs [$4.09 billion] for Q3. By 2025, the bank hopes to have reduced its cost base by 15 percent. Credit Suisse, a Swiss investment bank and provider of financial services, made headlines at the start of the month due to
After an 8% increase in value over the last 24 hours, the Bitcoin price is now at $20,764. A whale withdrew 1,389 Bitcoin from FTX, valued at almost $29 million. In the last 24 hours, the price of a Bitcoin (BTC) has risen to a high of $20,764. Increased whale
RockItCoin now manages almost 1,900 machines in 44 states after the acquisition. CEO and creator of RockItCoin expected further acquisitions in Q4 2022. On October 25th, Bitcoin ATM provider RockItCoin announced that it has acquired Tao Bitcoin. Located largely in the southern part of the United States, Tao Bitcoin operates
Western Union submitted trademark applications for three products on October 18. It formed a partnership with Ripple in 2015 to settle remittance payments. According to trademark applications that Western Union submitted last week, the company may soon begin offering services related to cryptocurrencies. It’s the latest in a series of
With this fix, they may use it to get bitcoin as well which was only limited to sending. Over 44 million people use the app every month. Lightning Network Bitcoin transactions are now available to Cash App customers. Today, Cash App Bitcoin Product Lead Michael Rihani tweeted the news, and
Guochun He and Zheng Wang planned to steal sensitive documents. They planned to bribe a United States Government employee with $61,000 in Bitcoin. Two Chinese intelligence operatives have been charged with obstructing justice by the United States Department of Justice. The charges stem from an alleged effort to bribe a
The net loss comes to $106 million at the conclusion of the third quarter. Tesla’s losses did not have a significant impact on the company’s fundamental operations. Tesla, the electric vehicle (EV) maker, has reportedly invested $1.5 billion into Bitcoin since the beginning of 2021, as reported in the company’s
Kazakhstan has kept the position for more than a year since February 2021. The United States is at the top, leading the Bitcoin mining sector. Kazakhstan, a nation in Central Asia known for its oil, has been the third-largest Bitcoin mining contributor since overtaking Russia in February 2021 and has
On Thursday, court papers showed that Magnus Granath, better known as the Twitter handle “Hodlonaut,” had prevailed in a case he had filed against Craig Wright in Norway. Wright has claimed his identity as Bitcoin’s fictitious inventor, Satoshi Nakamoto, for quite some time. Although his claims have been openly contested
