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Bitcoin Miner CleanSpark Purchases 45,000 ASICs
Bitcoin Miner CleanSpark Purchases 45,000 ASICs
News  •  Bitcoin  •  Apr 11, 2023 by Deniz Saat

American Bitcoin miner CleanSpark stated on April 11th that it purchased 45,000 Antminer S19 XP ASIC mining rigs for $144.9 million. According to CleanSpark, Antminer will complete all ASIC deliveries before the end of September.  The company currently produces 6.7 exahashes per second (EH/s), and will

Swiss Bank PostFinance to Offer Bitcoin and Crypto Services
Swiss Bank PostFinance to Offer Bitcoin and Crypto Services
News  •  Bitcoin  •  Apr 07, 2023 by Deniz Saat

The fifth-largest financial services provider in Switzerland, PostFinance, has announced a partnership with regulated digital asset services provider Sygnum Bank to start providing Bitcoin and cryptocurrency services for their customers. PostFinance, which is owned by the Swiss government, will first provide its 2.5 million clients access to purchase, store,

Bitcoin Futures and Options to Launch on London Stock Exchange
Bitcoin Futures and Options to Launch on London Stock Exchange

According to a statement released by LCH, the clearinghouse arm of the London Stock Exchange Group, it will provide clearing services for cash-settled Bitcoin index futures and options. LCH stated that LCH DigitalAssetClear, the company’s French division, will finalize trades made on the UK-licensed GFO-X digital asset exchange. Head

News  •  Bitcoin  •  Apr 13, 2023
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Bitcoin Futures and Options to Launch on London Stock Exchange
Bitcoin Futures and Options to Launch on London Stock Exchange

According to a statement released by LCH, the clearinghouse arm of the London Stock Exchange Group, it will provide clearing services for cash-settled Bitcoin index futures and options. LCH stated that LCH DigitalAssetClear, the company’s French division, will finalize trades made on the UK-licensed GFO-X digital asset exchange. Head

News  •  Bitcoin  •  Apr 13, 2023
Bitcoin Miner CleanSpark Purchases 45,000 ASICs
Bitcoin Miner CleanSpark Purchases 45,000 ASICs

American Bitcoin miner CleanSpark stated on April 11th that it purchased 45,000 Antminer S19 XP ASIC mining rigs for $144.9 million. According to CleanSpark, Antminer will complete all ASIC deliveries before the end of September.  The company currently produces 6.7 exahashes per second (EH/s), and will

News  •  Bitcoin  •  Apr 11, 2023
Swiss Bank PostFinance to Offer Bitcoin and Crypto Services
Swiss Bank PostFinance to Offer Bitcoin and Crypto Services

The fifth-largest financial services provider in Switzerland, PostFinance, has announced a partnership with regulated digital asset services provider Sygnum Bank to start providing Bitcoin and cryptocurrency services for their customers. PostFinance, which is owned by the Swiss government, will first provide its 2.5 million clients access to purchase, store,

News  •  Bitcoin  •  Apr 07, 2023
Nearly 10,000 Silk Road Bitcoin Were Sold by The U.S. Government
Nearly 10,000 Silk Road Bitcoin Were Sold by The U.S. Government

A court document states that on March 14th, 2023, the U.S. government sold 9,861.1707894 Bitcoin for a sum of $215,738,154.98.  After transaction costs, the government received a profit of $215,522,416.83. The government also disclosed that there are still about 41,490.

News  •  Bitcoin  •  Mar 31, 2023
Sam Bankman-Fried Charged With Attempt to Bribe Chinese Officials With $40 Million
Sam Bankman-Fried Charged With Attempt to Bribe Chinese Officials With $40 Million

Sam Bankman-Fried, the former CEO of the failed cryptocurrency exchange FTX, has been charged by federal prosecutors with attempting to bribe “one or more” Chinese government officials with $40 million in order to unlock $1 billion worth of digital assets that belonged to his hedge fund, Alameda Research. Bankman-Fried currently

News  •  Business  •  Mar 28, 2023
Fidelity Now Offers Bitcoin Trading for Its Customers
Fidelity Now Offers Bitcoin Trading for Its Customers

Fidelity Digital Assets now offers Bitcoin trading to Fidelity Investments customers. The public can now access the Fidelity Crypto platform, which first launched with a waitlist in November 2022. Customers can purchase and trade Bitcoin, but will not be able to transfer funds to a wallet where they have control

News  •  Bitcoin  •  Mar 17, 2023
All Deposits at SVB and Signature Bank Will Be Guaranteed by the Federal Government
All Deposits at SVB and Signature Bank Will Be Guaranteed by the Federal Government

The Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the U.S. Treasury all declared on Sunday that they will take “decisive actions” to boost public trust in the nation’s banking sector. The FDIC and Federal Reserve came to this decision after recommending that Silicon Valley Bank (SVB)

News  •  Politics  •  Mar 13, 2023
Silvergate Bank Announces Liquidation and Wind Down of Operations
Silvergate Bank Announces Liquidation and Wind Down of Operations

The holding company for Silvergate Bank, Silvergate Capital Corporation, has announced the voluntary liquidation of the bank and the immediate winding down of the firm’s operations. The press release states that Silvergate believes the wisest course of action is a voluntary liquidation of the Bank and an orderly winding

News  •  Technology  •  Mar 08, 2023
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