Announcement
Stronghold Sells 26,000 Bitcoin Miners To Eliminate Debt
Stronghold Sells 26,000 Bitcoin Miners To Eliminate Debt

Stronghold Digital Mining (SDIG), a Bitcoin mining company based in the U.S., revealed plans to reduce outstanding debt and restructure its financial operations on August 16th, 2022. The company intends to release approximately 26,200 of its mining rigs, where 18,700 are currently running, under an agreement with

News  •  Bitcoin  •  Aug 17, 2022
Riot Expands Bitcoin Mining Fleet Despite Market Conditions for Q2 2022
Riot Expands Bitcoin Mining Fleet Despite Market Conditions for Q2 2022

Bitcoin mining company Riot Blockchain boosted the size of its mining fleet to over 44,000 miners while more than 3,000 are ready for deployment. The company sold $14.4 million worth of their Bitcoin treasury and had a 30 million share offering to increase its cash position. Riot

News  •  Bitcoin  •  Aug 16, 2022
Latin America’s Largest Investment Bank Launches Bitcoin and Cryptocurrency Exchange
Latin America’s Largest Investment Bank Launches Bitcoin and Cryptocurrency Exchange

BTG Pactual, the largest investment bank in Latin America, just launched a Bitcoin and cryptocurrency exchange in Brazil called Mynt.  Mynt will provide direct access to Bitcoin which will place it as one of the first of the largest institutions in Brazil to do so. BTG Pactual reportedly has over

News  •  Bitcoin  •  Aug 16, 2022
Bitmain and Partners Will Offer Low-cost Loans for Troubled Miners
Bitmain and Partners Will Offer Low-cost Loans for Troubled Miners

According to a Bloomberg report, Bitmain Technologies Ltd., one of the largest manufacturers for Bitcoin mining equipment, and Antpool are partnering with Antalpha to provide a lifeline for Bitcoin mining companies during the current downtrend in the market. Loans for struggling mining companies will be low-cost and may be used

News  •  Bitcoin  •  Aug 15, 2022
Binance Obtains In-principle Approval To Operate in Kazakhstan
Binance Obtains In-principle Approval To Operate in Kazakhstan

As per Binance’s announcement, Astana Financial Service Authority (AFSA), the financial regulator in Kazakhstan, recently granted Binance in-principle approval to operate within the country. However, with “in-principle” approval, Binance still needs to complete Kazakhstan’s full application process. Once everything is approved by regulators, the Bitcoin and cryptocurrency exchange

News  •  Bitcoin  •  Aug 15, 2022
Stronghold Sells 26,000 Bitcoin Miners To Eliminate Debt
Stronghold Sells 26,000 Bitcoin Miners To Eliminate Debt

Stronghold Digital Mining (SDIG), a Bitcoin mining company based in the U.S., revealed plans to reduce outstanding debt and restructure its financial operations on August 16th, 2022. The company intends to release approximately 26,200 of its mining rigs, where 18,700 are currently running, under an agreement with

News  •  Bitcoin  •  Aug 17, 2022
Featured Articles 4 Articles
Business View All
B HODL Expands Treasury to 164.487 Bitcoin Following ATM-Funded Purchase
B HODL Expands Treasury to 164.487 Bitcoin Following ATM-Funded Purchase

B HODL increased its holdings to 164.487 Bitcoin after purchasing one Bitcoin using funds from ATM share sales and capital allocation.

Coinbase and Fannie Mae-Approved Lender Better Launch Bitcoin-Backed Mortgages
Coinbase and Fannie Mae-Approved Lender Better Launch Bitcoin-Backed Mortgages

Coinbase and Better launched Bitcoin-backed mortgages using Fannie Mae-conforming loans.

Tether Advances Transparency Efforts With Planned Big Four Audit
Tether Advances Transparency Efforts With Planned Big Four Audit

Tether engaged a Big Four firm for its first full audit to improve transparency and oversight.

Capital B Increases Holdings to 2,888 Bitcoin After €2.7 Million Purchase
Capital B Increases Holdings to 2,888 Bitcoin After €2.7 Million Purchase

Capital B bought 44 Bitcoin for €2.7M, raising holdings to 2,888 Bitcoin with a 0.72% YTD yield, with backing from Adam Back.

Politics View All
SEC Issues Guidance Clarifying Status of Digital Assets and Bitcoin Mining
SEC Issues Guidance Clarifying Status of Digital Assets and Bitcoin Mining

SEC says Bitcoin mining does not meet the definition of a security and classifies Bitcoin as a digital commodity.

Kazakhstan Central Bank Plans up to $350 Million Allocation to Bitcoin and Digital Assets
Kazakhstan Central Bank Plans up to $350 Million Allocation to Bitcoin and Digital Assets

Kazakhstan’s central bank plans to allocate up to $350 million from its reserves to Bitcoin and digital asset–related investments.

Bitcoiners Push Back on Quantum Computing Risk Claims
Bitcoiners Push Back on Quantum Computing Risk Claims

Bitcoiners say quantum computing does not pose an immediate threat and that the network has time to prepare for potential long-term risks.

CFTC Clears Path for Federally Regulated Spot Bitcoin and Crypto Trading
CFTC Clears Path for Federally Regulated Spot Bitcoin and Crypto Trading

The CFTC will allow federally regulated spot Bitcoin and crypto trading for the first time as Bitnomial prepares to launch its new exchange.

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