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Marathon Secures 254 Megawatts to Bolster Company’s 2023 Bitcoin Mining Goals

Marathon Secures 254 Megawatts to Bolster Company’s 2023 Bitcoin Mining GoalsThe bitcoin mining operation Marathon has announced the company has secured 254 megawatts of new hosting deals with the option to increase to 324 megawatts (MW). Marathon’s latest expansion deals should support the bitcoin mining firm’s intended goal of securing approximately 23.3 exahash per second (EH/s). Marathon Secures 254 MW of Bitcoin Mining Capacity — […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the Company

Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the CompanyOn July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation caused “no losses to Tether.” According to the stablecoin issuer, the bitcoin loan to Celsius was “overcollateralized” by roughly “130%+.” Tether Liquidates Bitcoin Loan Taken […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

EU Makes Deal on MiCA Legislation to Regulate Crypto Markets

EU Makes Deal on MiCA Legislation to Regulate Crypto MarketsRepresentatives of key European Union (EU) institutions and member states reached an agreement on the Markets in Crypto Assets regulatory proposal. The progress in the negotiations over the comprehensive legal framework for the Union’s crypto space comes after earlier this week European officials agreed to adopt a set of anti-money laundering rules for cryptocurrency transactions. […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

EU Agreement Reached on Anti-money Laundering Rules for Cryptocurrencies

EU Agreement Reached on Anti-money Laundering Rules for CryptocurrenciesEuropean institutions have reached an interim consensus on a set of EU regulations that will burden crypto companies with the obligation to help prevent money laundering, among other illicit activities potentially involving digital assets. The progress comes as the Union seeks to comprehensively regulate the continent’s cryptocurrency market. EU Officials and Lawmakers Agree on AML […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

EU Nears Agreement on Crypto Regulations, Report Reveals

EU Nears Agreement on Crypto Regulations, Report RevealsAuthorities in the EU are moving closer to a deal on a legislative package tailored to comprehensively regulate the crypto market and related activities in Europe. According a media report, an agreement on the key legislation is likely to be reached as early as this month. Deal on EU Crypto Law Expected by End of […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Marathon Expands Miner Deployment Deal With Compute North, Aims to Power 100K+ Miners With Renewables

Marathon Expands Miner Deployment Deal With Compute North, Aims to Power 100K+ Miners With RenewablesMarathon Digital Holdings, a Nasdaq-listed bitcoin mining-based company, has announced a new deal with Compute North, a data center service provider, to host more than 100,000 mining machines in its data centers. The deal is an expansion of an earlier deal that secured positioning for 73,000 mining machines in Texas. Now, the new partnership secures […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Rammstein Vocalist in Conflict With Russian Museum Over Unauthorized NFT Sale

Rammstein Vocalist in Conflict With Russian Museum Over Unauthorized NFT SaleTill Lindemann, lead singer of the German metal band Rammstein, has angered Russia’s renowned Hermitage Museum with a crypto initiative. The musician seeks over a hundred thousand euros for an NFT collection containing footage and imagery shot in the cultural institution. The tokens have been created without its authorization. German Singer Till Lindemann Sells NFTs […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Formula 1 Secures Multimillion Crypto Sponsorship Deal

Formula 1 Secures Multimillion Crypto Sponsorship DealFormula 1, the international auto racing organization, has found a new sponsor from the crypto industry. The long-term deal will provide a digital asset trading platform with brand presence at F1 events while the car championship hopes that the partnership will allow it to “explore the world of cryptocurrency.” Crypto.com to Support Formula 1 as […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse