Blackouts for safety inspections in China’s Xinjiang region have significantly impacted the hash rate of many top Chinese Bitcoin mining pools.
Samuel Haig
Samuel Haig is a journalist who has been completely obsessed with Bitcoin and cryptocurrency since 2012. Samuel lives in Tasmania, Australia, where he attended the University of Tasmania and majored in political science and journalism, media and communications. Samuel has written about the dialectics of decentralization and is also a kangaroo riding enthusiast.
- News
Chinese mining pools’ hash power plummets amid regional blackouts - News
Brian Brooks defends fintech charter to House Financial Services Committee Brian Brooks has defended the fintech charter he oversaw while heading the OCC, warning heavy-handed crypto regulations could undermine U.S. competitiveness globally.
- News
Email server breach sees Celsians targeted by phishing attacks Celsius customers have been targeted with fraudulent SMS and email communications after a third-party email distribution server was compromised by hackers.
- News
Ark buys $246M of Coinbase stock, adds COIN to three ETFs Ark Invest has spread nearly 750,000 COIN shares across three of its ETFs.
- News
You can already invest in hundreds of ETFs with exposure to Bitcoin Despite the lack of United States-based Bitcoin ETF, hundreds of funds have made significant investments into the blockchain and crypto industries.
- News
Raise a PINT to Polkadot’s new index token: Six top projects sign up Six of Polkadot’s top projects have already put their hands up to feature in the Polkadot Index Network Token and sit on its constituent council.
- News
South Korea's largest bank joins Hedera Governing Council Shinhan Bank plans to use Hedera’s infrastructure to bolster the efficiency of many of its internal processes.
- News
Bitcoin futures open interest soars to new heights ahead of Coinbase listing Open interest in Bitcoin futures is soaring, but volumes are falling.
- News
dHedge launches tokenized index tracking its top 10-ranked traders Funds will be rebalanced across dHedge’s top-ranked fund managers monthly.
- News
Signal under fire over MobileCoin partnership Signal is facing criticism over its integration with MobileCoin, with eyebrows raised over a 450% increase in the price of MOB ahead of the announcement.
- News
Miners are hoarding Bitcoin from record daily earnings Miners are back in accumulation mode, with 5,000 BTC added to Bitcoin’s unspent supply since the start of February.
- News
China using Bitcoin as ‘financial weapon’ against United States: Peter Thiel Peter Thiel has urged the U.S. government to reappraise China’s relationship with Bitcoin from a geopolitical perspective.
- News
BitMEX’s Arthur Hayes surrenders in Hawaii, released on $10M bond The former CEO of BitMEX surrendered in Hawaii and was later released after posting a $10-million bond.
- News
Ripple wins access to SEC discussions on defining crypto assets as securities Ripple’s lawyers will dig through the SEC’s internal discussion on crypto for mention of XRP.
- News
BTG Pactual’s new Bitcoin fund teams up with Gemini for custody Gemini is providing custody services to the first Bitcoin fund issued by a Brazilian investment bank.
- News
Thai crypto adoption is booming, with volume up 588% since November While crypto volumes surge on Thailand’s licensed exchanges, P2P platforms appear to be falling out of favor
- News
IRS authorized to access information on Circle's crypto traders to nab tax cheats The Internal Revenue Services will seek information from Circle on all U.S. taxpayers who traded at least $20,000 worth of crypto between 2016 and 2020.
- News
Messari: New Coinbase listings really do outperform rival exchanges In the five days after launching on Coinbase, new token listings gain 91% on average. But that doesn’t tell the whole story.
- News
Canada's Purpose Bitcoin ETF may be cutting into Grayscale's market share Following the launch of Canada’s first Bitcoin ETF, shares in Grayscale’s Bitcoin Trust have spent an entire month trading at a discount compared to spot BTC for the first time.
- News
Hot DOGE nips at the heels of r/Bitcoin on Reddit R/Dogecoin was the third-most active crypto group on Reddit behind r/CryptoCurrency and r/Bitcoin this week.
- News
Bakkt launches payments app as institutions compete for crypto assets Bakkt believes its new crypto payments app will unlock more than $1 trillion worth of digital assets for commerce.
- News
One BTC will be worth a Lambo by 2022, and a Bugatti by 2023: Kraken CEO Amid the threat of dollar debasement, Kraken’s Jesse Powell believes Lamborghinis and Bugattis may be a better measure of Bitcoin’s value in the future.
- News
The blacklist: Marathon only mining ‘fully compliant’ Bitcoin transactions Marathon plans to divert all hash power to its new, regulatory compliant Bitcoin mining pool from May 1.
- News
DeFi TVL sets new record as BSC-powered protocols add billions Despite many leading Ethereum-powered DeFi protocols posting a weekly loss, the success of Binance Smart Chain is pushing the TVL of decentralized finance into new highs.
- News
Australian government offers $6M in grants to innovative blockchain teams The Australian government has made two grants of up to $3 million available to blockchain teams targeting minerals certification and excise taxation solutions.
- News
Options traders target $80K by May, Skew suggests just 6% chance they're right Options traders are betting big that BTC will be above $80,000 on April 30, but analytics provider Skew thinks there is a 94% chance their positions will be worthless.
- News
China and Japan go full steam ahead with CBDC pilots Asia’s largest economies are pushing forward with their respective CBDC trials, with six Chinese banks offering digital wallets and Japan establishing a new committee.
- News
SEC’s ‘Crypto Mom’ warns selling fractionalized NFTs could break the law Fractionalized NFTs and baskets of non-fungible tokens could easily be considered investment contracts under U.S. securities law, warns SEC Commissioner, Hester Peirce.
- News
Coinbase hiring in India despite potential crypto crackdown Coinbase plans to base some of its “IT services” in India, including engineering, software development, and customer support.
- News
Are emerging markets missing out on DeFi due to gas fees? Developed economies dominate the traffic rankings for the top DeFi protocols by TVL, with the U.S. and U.K. topping the charts.