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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
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
The Bitzlato cryptocurrency exchange has been shut down, and the FBI has arrested the exchange’s owner, Anatoly Legkodymov, according to a statement from the U.S. Department of Justice (DOJ). Representatives from the law enforcement agency disclosed via a live video on January 18th, 2023 that the Hong Kong-based
News - Technology - Jan 18, 2023The Bitzlato cryptocurrency exchange has been shut down, and the FBI has arrested the exchange’s owner, Anatoly Legkodymov, according to a statement from the U.S. Department of Justice (DOJ). Representatives from the law enforcement agency disclosed via a live video on January 18th, 2023 that the Hong Kong-based
News - Technology - Jan 18, 2023The 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, 2023The 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, 2023A 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, 2023Cameron 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, 2023CleanSpark, 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, 2023According 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, 2023The latest blog released by the European Central Bank (ECB) has gained a lot of attention amongst Bitcoiners. Titled “Bitcoin’s last stand,” the blog post contains misleading remarks and statements about Bitcoin on many levels without any supporting evidence or data. Below are the main points of contention from
News - Bitcoin - Dec 26, 2022