Public Bitcoin mining companies plagued with $4B of collective debt
[ad_1] The recent bankruptcy filing of Bitcoin (BTC) miner Core Scientific despite a $72M relief offer from creditors raised questions about the overall health of the bitcoin mining community amid a prolonged bear market. Turns out, the public bitcoin miners owe more than $4 billion in liabilities and require...
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Ukraine Donations: Financial Companies Increase Support
[ad_1] Amid economic issues and a massive humanitarian crisis in Ukraine, financial companies around the world have shown great support to assist the country in difficult times. While the magnitude of the crisis is significant, organizations are doing their bit to facilitate the rescue efforts. Q4 2021 volumes have...
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Tether Asks Court to Protect Private Companies’ Confidential Information
[ad_1] Crypto industry media company, CoinDesk, has formally joined a legal case involving stablecoin Stablecoin Unlike other cryptocurrencies like Bitcoin and Ethereum, stablecoins are cryptocurrencies that have been designed to keep a stable value. Placing a greater emphasis on stability over volatility can be a huge draw for...
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