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SEC Charges Genesis and Gemini With Offering Unregistered Securities
SEC Charges Genesis and Gemini With Offering Unregistered Securities
News  •  Business  •  Jan 12, 2023 by Deniz Saat

The unregistered offering and sale of securities to retail investors through the Gemini Earn crypto asset lending program was charged by the Securities and Exchange Commission (SEC) today against Genesis Global Capital, LLC and Gemini Trust Company, LLC.  The SEC claims that Genesis and Gemini raised billions of dollars’ worth

Samsung Asset Management Will Launch Bitcoin Futures ETF in Hong Kong
Samsung Asset Management Will Launch Bitcoin Futures ETF in Hong Kong
News  •  Bitcoin  •  Jan 12, 2023 by Deniz Saat

A Bitcoin exchange-traded fund (ETF) is being introduced by Samsung Asset Management in Hong Kong. According to a report by Fortune Korea, the Samsung Bitcoin Futures Active ETF (3135:HK) invests in Bitcoin futures contracts traded on the Chicago Mercantile Exchange (CME) in an effort to achieve performance that is

Wisconsin Hydroelectric-powered Mining Facility Launches
Wisconsin Hydroelectric-powered Mining Facility Launches

The first hydroelectric-powered mining facility in Wisconsin was just launched by Sazmining, a hosting services provider for Bitcoin mining, giving the business a carbon-neutral source of electricity. 350 mining machines will be housed in the new facility and will be powered by a neighboring river’s water flow that passes

News  •  Bitcoin  •  Jan 17, 2023
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Wisconsin Hydroelectric-powered Mining Facility Launches
Wisconsin Hydroelectric-powered Mining Facility Launches

The first hydroelectric-powered mining facility in Wisconsin was just launched by Sazmining, a hosting services provider for Bitcoin mining, giving the business a carbon-neutral source of electricity. 350 mining machines will be housed in the new facility and will be powered by a neighboring river’s water flow that passes

News  •  Bitcoin  •  Jan 17, 2023
SEC Charges Genesis and Gemini With Offering Unregistered Securities
SEC Charges Genesis and Gemini With Offering Unregistered Securities

The unregistered offering and sale of securities to retail investors through the Gemini Earn crypto asset lending program was charged by the Securities and Exchange Commission (SEC) today against Genesis Global Capital, LLC and Gemini Trust Company, LLC.  The SEC claims that Genesis and Gemini raised billions of dollars’ worth

News  •  Business  •  Jan 12, 2023
Samsung Asset Management Will Launch Bitcoin Futures ETF in Hong Kong
Samsung Asset Management Will Launch Bitcoin Futures ETF in Hong Kong

A Bitcoin exchange-traded fund (ETF) is being introduced by Samsung Asset Management in Hong Kong. According to a report by Fortune Korea, the Samsung Bitcoin Futures Active ETF (3135:HK) invests in Bitcoin futures contracts traded on the Chicago Mercantile Exchange (CME) in an effort to achieve performance that is

News  •  Bitcoin  •  Jan 12, 2023
Gemini Releases Open Letter for Removal of Digital Currency Group’s CEO Barry Silbert
Gemini Releases Open Letter for Removal of Digital Currency Group’s CEO Barry Silbert

Cameron Winklevoss, the co-founder of Gemini, has published a letter in which he accuses Genesis and its parent company, Digital Currency Group (DCG), of defrauding Gemini and over 340,000 Gemini Earn users. In addition, the letter claims Barry Silbert committed acts of fraud along with other key personnel within

News  •  Business  •  Jan 10, 2023
CleanSpark Releases Bitcoin Mining Update for December 2022
CleanSpark Releases Bitcoin Mining Update for December 2022

CleanSpark, a publicly traded Bitcoin mining company based in Las Vegas, Nevada, has released their December 2022 Bitcoin mining update along with the CEO’s comments for the previous year. CEO Zach Bradford explained that “among our many accomplishments this year, I’m most proud of increasing our annual Bitcoin

News  •  Bitcoin  •  Jan 04, 2023
BlackRock Lends $17 Million To Bankrupt Bitcoin Miner Core Scientific
BlackRock Lends $17 Million To Bankrupt Bitcoin Miner Core Scientific

According to a filing with the U.S. Securities and Exchange Commission (SEC) made on December 30th, 2022, investment juggernaut BlackRock (BLK) pledged $17 million to bankrupt Bitcoin miner Core Scientific (CORZ) as part of a new $75 million loan from the miner’s secured convertible note holders. BlackRock is

News  •  Bitcoin  •  Jan 03, 2023
Coincorner Partners With Pouch To Expand Send Globally Service to the Philippines
Coincorner Partners With Pouch To Expand Send Globally Service to the Philippines

Douglas, Isle of Man - Thursday 22nd December 2022 - CoinCorner has added support for the Philippines to its Send Globally service, allowing customers in the UK and Europe to transfer funds to the Philippines, using Bitcoin and the Lightning Network. In a new partnership with Pouch, Send Globally will

Press Release  •  Bitcoin  •  Dec 22, 2022
Bitcoin Miner Core Scientific Files for Bankruptcy
Bitcoin Miner Core Scientific Files for Bankruptcy

In order to restructure its debt, Core Scientific (CORZ), one of the largest Bitcoin miners by computing power, filed for bankruptcy on December 21st, 2022. The downturn in markets has had significant impacts on the business, forcing Core Scientific to file for Chapter 11 bankruptcy at the Southern District of

News  •  Bitcoin  •  Dec 21, 2022
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