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Report: Compass to Sell $30 Million in Crypto Mining Equipment Located in Russia

Report: Compass to Sell  Million in Crypto Mining Equipment Located in RussiaThe U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to sell the mining rigs follows the U.S. government sanctioning the bitcoin mining operation Bitriver and ten subsidiaries. Compass is hoping to offload 12 megawatts of capacity, according to a company executive. Compass […]

AI tokens market cap falls 28% from December $70B peak

If Stablecoins Are Going to Be Regulated Like Banks, They Should Enjoy All the Benefits

If Stablecoins Are Going to Be Regulated Like Banks, They Should Enjoy All the BenefitsThe U.S. Treasury Department proposed regulating stablecoin issuers as banking institutions, which may be a great idea if stablecoin issuers are offered the same privileges as regulated banks. US Treasury Department Report: Stablecoins Regulation Is Urgently Needed The rise of stablecoins within the crypto ecosystem serves as a glaring reminder that cryptocurrencies and blockchain technology […]

AI tokens market cap falls 28% from December $70B peak