BitNile displaced more than 6,500 Bitcoin miners as a result of Compute North’s bankruptcy. Ault Alliance, a diversified holding company, announced that its subsidiary, BitNile, moved 6,572 Bitcoin miners from a hosting facility in Texas to a Michigan data center.…
Following the settlement reached by Kraken and its subsidiaries Payward Ventures and Payward Trading with the Securities Exchange Commission (SEC) on February 9, secured by Bitcoinist, Commissioner Hester M. Pierce stated in a report they do not agree and do…
Rumors of an impending crypto ban came on February 9 with the Securities and Exchange Commission’s enforcement action against Kraken, which led to a settlement in which the exchange agreed to stop staking services for American users. The act will…
With the introduction of Ordinals, Bitcoiners have now written more than 45,000 NFTs directly to the Bitcoin blockchain. Bitcoin has close to 50,000 inscriptions on the Bitcoin blockchain. From Bitcoin Punks to fart audio recordings, the ability to write data…
US authorities are cracking down on the crypto industry and appear poised to introduce stricter regulations against the fledgling sector. Many predicted and were afraid of what is now being seen. Bankruptcy filings and turmoil in the industry fueled the…
What fascinates many creators in the world of blockchain and Web3 is the possibility to create, own and earn without intermediaries, and nonfungible tokens (NFTs) have emerged as a catalyst for how this can be done. In this week’s episode…
By eliminating reasonable stores of value, the fiat economic system incentivizes us to seek debt, hope for luck and take on other poor habits. Bitcoin changes our mental model and we can see it in a lot of people that…
One of the largest cryptocurrency trading exchanges, Huobi, is now considering expanding its services to China. Huobi head Justin Sun believes this will be a big change for the company with the hope that China will contribute positively to its…
Mining is the process of extracting minerals, metals and other resources from the earth. This may require the extraction of minerals from underground deposits or from the surface of the earth. Minerals and resources extracted through mining are used for…
Data shows Bitcoin market sentiment has declined to neutral today as the asset’s price has fallen below the $22,000 level. The Bitcoin Fear and Greed Index Now Points at “Neutral” Sentiment. The “fear and greed index” is an indicator that…