Compass Mining, a hardware manufacturer for Bitcoin mining, reported that it had won a roughly $1.5 million verdict in court this week against hosting provider Dynamics Mining. In June, Dynamics of Kentucky said that Compass had terminated its hosting relationship because it had failed to pay electricity and hosting obligations
On Thursday morning, the official Shark Tank Twitter account of Kevin O’Leary, nicknamed Mr. Wonderful, began advertising cryptocurrency giveaways in the form of bitcoin and ethereum. The account claimed that O’Leary has chosen to donate 5,000 bitcoin and 15,000 ether. Since he has gained so much money from cryptocurrencies in
Central Bank digital currencies (CBDC) are central bank-issued digital tokens that function similarly to cryptocurrencies. They correspond in value to the national fiat currency of the nation. CBDCs are the subject of much research and development, with several nations having already adopted them. On Thursday, the Turkish Central Bank stated
Michael Saylor, executive chairman of MicroStrategy, has said that by 2023, the company would release software and solutions that use the Bitcoin Lightning Network. Saylor announced the company’s development into Lightning Network-based software and solutions on December 28 during a Twitter Spaces event. These include “support” solutions for enterprise marketing
After much deliberation, cryptocurrency mining company Argo Blockchain has decided to sell its flagship mining facility Helios in order to weather the current bear market. To the tune of $65 million, the Helios facility was sold by Argo Blockchain on December 28 to Mike Novogratz’s crypto investment business Galaxy Digital.
Michael Saylor, a Bitcoin maximalist, stated on Wednesday that MicroStrategy had bought 2,395 Bitcoins. As of the 27th of December, according to an SEC filing. MicroStrategy has almost 132,500 bitcoin in its possession. Which it purchased for over $4 billion at an average price of $30,397 per Bitcoin. MicroStrategy’s Bitcoin
Proposal 11168, submitted by Edward Kim and Tobias “Zaradar” Anderson, two main developers of Terra Classic, is now up for a vote. There was a suggestion put out by ex-Terra Rebels developers to join a new team called the “Joint L1 Task Force” to investigate Terra Classic blockchain maintenance improvements
Agro Blockchain, a London-based bitcoin mining company, has stated that it would reopen on Wednesday, December 28. Given that the London Stock Exchange is closed on Tuesday, December 27th, the corporation said that it has sought a 24-hour trading halt with the United States. The bitcoin mining company did not
State Duma members will consider and vote on a bill in 2023. To allow cryptocurrency mining in the Russian Federation, according to the chairman of the Financial Market Committee, Anatoly Aksakov. Who made the announcement in remarks for the crypto section of the business news site RBC. The prominent senator,
According to a tweet from the platform on Sunday, the Terra Classic casino and Terra Casino (@TerraCasino_io) have burnt over 23 million Terra Luna Classic (LUNC). After transferring 5 million LUNC to the burn wallet on Christmas day, the betting site reached the 23 million LUNC milestone. Note that when
