British Columbia suspends new electricity connections for crypto miners
British Columbia has paused new electricity connection requests from crypto miners for 18 months to support the province’s climate action.
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Bankrupt miner Core Scientific may sell facilities under development: report
Core Scientific said it may sell some of its mining facilities under development that could be worth up to a gigawatt of power after it filed for bankruptcy protection.
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To unwrap Web3’s promises, we must break the barriers to blockchain adoption
Despite blockchain’s potential, barriers to use still stand in the way, writes Andrew Vranjes of Blockdaemon. Solving security issues and reducing risk will be key.
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Markets: Bitcoin, Ether continue slide; U.S. equities gain on consumer confidence boost
Bitcoin and Ether fell in Thursday morning trading in Asia, along with all other non-stablecoin top 10 cryptocurrencies. Polkadot led losses with a drop of more than 2%, with Cardano and BNB following close behind.
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U.S. crypto miner Core Scientific files for Chapter 11 bankruptcy, continues to mine Bitcoin
Core Scientific, one of the largest publicly traded crypto mining firms in the U.S., filed for Chapter 11 bankruptcy protection in the state of Texas on Wednesday.
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Markets: Bitcoin, Ether inch up; Dogecoin remains biggest loser in top 10 cryptos
Bitcoin and Ether gained in Asian trading on Wednesday afternoon, with Dogecoin continuing to lead declines across the top 10 non-stablecoin cryptocurrencies
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FTX says it has over US$1B in cash assets
The new restructuring team of FTX has reportedly located over US$1 billion in cash assets that are held in U.S. financial institutions.
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Retail-owned Bitcoin supply reaches all-time high
The supply of Bitcoin owned by retail investors has reached an all-time high of around 17%, according to blockchain research firms Glassnode and IntoTheBlock.
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Markets: Bitcoin rises, Ether gains on potential Visa integration, BNB rebounds
Bitcoin prices rose Wednesday morning in Asia amid a week of volatile price movements in end-of-year trading.