Core Scientific’s Lender Offers $72 Million Bailout To Embattled Miner
The public miner may be saved by its lender as the two entities engage in attempts to restructure their debt. Core Scientific’s lender, B Riley, has stated its intentions of…
Visiting El Salvador’s Slums, It’s Clear Bitcoin Country Must Go Further
A visit to Soyapango, one of El Salvador’s most impoverished slums, shows that the Bitcoin experiment isn’t reaching those who need it most. This is an opinion editorial by Rikki,…
Sen. Elizabeth Warren Introduces Sweeping Anti-Privacy, Anti-Freedom Bitcoin Bill
U.S. Senators have introduced a bill that would have a direct impact on the categorization and regulation of bitcoin miners, wallets and nodes. Senators Elizabeth Warren (D-Mass) and Senator Roger…
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SBF to Remain in a Bahamian Jail for 2 Months, Report Claims FTX Execs Had a Covert Chat Channel Called ‘Wirefraud’
On Tuesday, the former CEO of FTX, Sam Bankman-Fried (SBF), appeared in court with his newly appointed lawyer Mark Cohen, and his legal team asked the Bahamian judge Joyann Ferguson-Pratt…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain Higher Ahead of Fed Rate Decision
Bitcoin continues to trade close to $18,000 on Wednesday, as markets remain bullish, following the latest U.S. inflation report. Following the data, which saw consumer prices rise to 7.1%, many…
Japan’s Largest Power Company, TEPCO, To Mine Bitcoin With Excess Energy
TEPCO Power Grid is deploying bitcoin mining operations across Japan in a partnership with a local semiconductor company to capitalize on excess power. Japan’s largest electric power company is about…
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Russia Cracking Down on Crypto Miners Minting in Residential Areas
Russian authorities are now prosecuting miners extracting cryptocurrency using subsidized electricity for the population, according to a top official from the energy ministry. Power utilities are detecting their increased consumption…
Dvision Network Announces Dvision World 2․0 Release In Beta Mode
PRESS RELEASE. As part of their ongoing development, Dvision Network has announced the launch of their upgraded Dvision World 2.0 in Beta mode. The launch will officially commence on 14th…
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Bitso Partners With Felix Pago to Offer Whatsapp-Based Remittance Services Between Mexico and US
Bitso, a Latam-focused cryptocurrency exchange, has partnered with chat-based payments provider Felix Pagos in order to offer Whatsapp-integrated remittances. The objective of this partnership is to put nearly instant chat-based…
The Costs Of Running A Bitcoin Node In Nigeria
The hardware, electricity and internet costs of running a Bitcoin node in Nigeria and ideas for mitigating these costs. In this article, I enumerate the costs of setting up and…