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.
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New York State passes two-year moratorium on some crypto mining facilities
New York became the first U.S. state to enact a temporary ban on new cryptocurrency mining permits at fossil fuel plants, despite lobbying against the measure.
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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.
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Regulators should seek greater disclosure from stablecoin issuers: HK monetary authority researchers
Regulators should seek more disclosure from stablecoin issuers, as stablecoins could transmit risk from markets to traditional finance, according to researchers at the Hong Kong Monetary Authority
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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).
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Crypto exchange Bitget to expand workforce by 50%, registers in Seychelles
Cryptocurrency exchange Bitget plans to hire about 400 more staff, taking its total workforce to 1,200 by the first quarter of 2023, the company said in a statement on Tuesday.
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SBF’s parents, FTX executives bought Bahamas property worth US$121 million: Reuters
The parents of Sam Bankman-Fried, along with senior executives of the now-bankrupt FTX, bought at least 19 properties worth nearly US$121 million in the Bahamas over the past two years.
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Cardano, blockchain payment firm Coti to launch algorithm stablecoin Djed in Jan 2023
Proof-of-stake blockchain platform Cardano and blockchain payment platform Coti will launch an algorithmic stablecoin Djed in January 2023
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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.