FTX to Sell Custody Unit for $500K After Paying $10M Just Months Before Collapse
The bankrupt exchange’s unit, Digital Custody Inc., which FTX bought for $10 million, sold for just $500k to CoinList. Source link
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Bitcoin Miner Hut 8 Shares Slide as CEO Departs Weeks After Short-Seller Report
Former CEO Jamie Leverton is succeeded by president Asher Genoot. Source link
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Apple’s ‘Vision Pro’ Set to Get First Crypto-Focused Metaverse App From Victoria VR
The app is set to be released in the second qaurter and the token VR has already surged 60% in last 24 hours. Source link
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U.S. Drilling Down on Crypto Miners’ Energy Use Draws Ire From Community
The Energy Information Administration (EIA) is starting a survey to track the electricity consumption of crypto miners in the U.S. Source link
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Celsius’ Bitcoin Mining Assets to Restart as New Unit Prepares to Go Public
The new company, Ionic Digital, expects to hit mining capacity of 12.7 exahash per second (EH/s). Source link
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FTX Expects to Fully Repay Customers but Won’t Restart Defunct Crypto Exchange
Its FTT token surged nearly 11% after the news. Source link
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New York Community Bancorp Shares Tumble After Earnings Miss, 71% Dividend Cut
The bank took over defunct Signature Bank’s non crypto-related deposits last year. Source link
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Crypto-Linked Stocks Rise With Bitcoin as Analyst Says ‘Not The Time to Turn Bearish’
Miners such as Bitfarms (BITF), Hut 8 (HUT) and TeraWulf (WULF) were among the outperformers. Source link
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Swan Bitcoin Unveils Mining Unit as Parent Company Prepares to Go Public
The mining business aims to reach 8 EH/s mining power and already has 4.5 EH/s operational after starting the unit in the summer of 2023....
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Congresswoman Maxine Waters Questions Meta’s Ongoing Crypto Efforts
A letter sent to the tech giant said it still has five active patents related to cryptocurrencies, despite the firm saying that it has no...
