Bitcoin News
Crypto mining firm Foundry to buy mining sites from embattled Compute North
Crypto mining firm Foundry Digital LLC plans to acquire two turnkey crypto mining facilities in the U.S. from troubled Compute North.
Timmy Shen
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Bitcoin News
Markets: Bitcoin, crypto rise as FTX contagion fears ease
Bitcoin recovered above US$16,000 in Wednesday morning trading as it rose along with Ether and the rest of the crypto top 10 by market capitalization, excluding stablecoins.
Lachlan Keller
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Bitcoin News
Cathie Woods buys the dip as Ark Invest scoops up Coinbase, GBTC shares: Bloomberg
Cathie Wood’s Ark Investment Management has bought over 1.3 million shares of Coinbase Global since the start of November, and 450,000 shares of Grayscale Bitcoin Trust (GBTC).
Zoltan Vardai
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Bitcoin News
Warren Buffet’s Berkshire Hathaway warns of scam crypto site with same name
Berkshire Hathaway, the investment conglomerate run by billionaire Warren Buffet, has issued a warning about a fake cryptocurrency website that uses the Berkshire Hathway name.
Zoltan Vardai
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Bitcoin News
US senators urge Fidelity to drop BTC retirement plan after FTX collapse
U.S. Senators Elizabeth Warren, Dick Durbin and Tina Smith asked Fidelity Investments to rethink its decision to grant retirement plan exposure to Bitcoin.
Megha Chaddah
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Bitcoin News
Bitcoin price falls to more than two-year low amid growing concerns about FTX fallout
Investors are unnerved by the possibility of more failures among companies linked to the now bankrupt FTX exchange, fearing a repeat of the Terra-Luna stablecoin collapse in May that also brought down other businesses.
Lachlan Keller
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Bitcoin News
Binance says it will hire 600 by year end, bring total employees to 8,000
The world’s largest crypto exchange seeks to hire 600 more employees by the end of this year, its founder and chief executive officer said.
Timmy Shen
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Bitcoin News
Coinbase Custody holds 635,000 BTC on behalf of Grayscale that refuses to share proof of reserves
Coinbase Custody Trust, the institutional investment arm of Coinbase Global, holds 635,000 BTC on behalf of Grayscale Bitcoin Trust, according to a note by Coinbase Custody CEO Aaron Schnarch. Digital investment firm Grayscale has also declined to share proof of reserves, citing security concerns.
Zoltan Vardai
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Bitcoin News
Markets: Bitcoin, other tokens add to losses in Asia trading Monday
Bitcoin and Ether extended their losses through late Asian trading on Monday, as did all the top 10 non-stablecoin cryptocurrencies by market capitalization. Dogecoin was the biggest loser.
Ningwei Qin
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Bitcoin News
Bitcoin mining difficulty reaches all-time-high despite slump in price, FTX woes
Bitcoin mining difficulty rose 0.51% to an all-time-high in Monday’s biweekly adjustment, according to BTC.com.
Ningwei Qin
