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Crypto miner in Texas shuts down 99% of operations as winter storm approaches
2.2.2022
"We are taking proactive measures to shut down operations, shed load, and create additional capacity in response to ERCOT's needs should it be necessary,” said the Texas Blockchain Council on behalf of mining firms
COVID restrictions stymie digital yuan rollout at Beijing Winter Olympics: Report
31.1.2022
Restricting the number of spectators at the major international sporting event will "likely further delay the mass adoption of the digital currency," according to the Foundation for Defense of Democracies' Craig Singleton
FTX exchange breaks $32B valuation despite crypto winter fears
31.1.2022
FTX raised $400 million funding shortly after its U.S.-based sister firm raised the same amount last week
Goldman Sachs Warns Bitcoin Increasingly Vulnerable to Fed Rate Hikes as Mainstream Adoption Grows
31.1.2022
Global investment bank Goldman Sachs has warned that bitcoin is increasingly vulnerable to the Federal Reserve’s rate hikes as the cryptocurrency grows more widely adopted. “Over the last two years, as bitcoin has seen wider mainstream adoption, its correlation with macro assets...
‘All Winter Olympics Merchants Now Accept Digital Yuan,’ Say Chinese Banks
29.1.2022
The Chinese central bank, the People’s Bank of China (PBoC), is gearing up for what will be the biggest week yet for its digital yuan. And while the token remains officially in its pilot phase, it will be showcased to the world next week as the Winter Olympics begin. Domestic adoption plans will...
Crypto infrastructure firm Fireblocks valued at $8B following $550M raise
27.1.2022
Extreme market volatility for assets like Bitcoin and Ether hasn’t stopped venture capital from pouring billions into blockchain businesses
Kazakhstan Shuts Down Crypto Mining Farms Till February
26.1.2022
Data centers minting cryptocurrencies in Kazakhstan were cut off from the nation’s power grid this week and will remain unplugged for the rest of January. The measure comes as the country faces electricity shortages blamed on crypto mining and blackouts in the cold winter months. Crypto...
UBS Warns of Crypto Winter Amid Expectation of Fed Rate Hikes and Regulation
24.1.2022
UBS, Switzerland’s largest bank, has warned about a crypto winter where prices crash and may not recover for years. The bank’s analysts explained several major reasons affecting the prices of cryptocurrencies. UBS Expects Crypto Winter That Could Last Years Switzerland’s...
Bitcoin Price Slips Below $36K, BTC Dominance Increases, Billions Leave Crypto Economy
22.1.2022
The price of bitcoin tapped a new low this year hitting $34K per unit at just after 5 a.m. (EST) on Saturday morning. Bitcoin is now down over 48% lower than its all-time high (ATH) reached two months ago on November 10, 2021 — when it jumped above the $69K mark. During the last week...
MicroStrategy CEO won't sell $5B BTC stash despite crypto winter
20.1.2022
MicroStrategy's Michael Saylor has no intention of selling from his firm's $5 billion Bitcoin chest despite a 40% drop in the value
Digital Yuan Wallet Ranks Among Most Downloaded Apps in China
12.1.2022
The new wallet of China’s state-issued digital currency has quickly become one of the most downloaded applications in the country, within days of its launch. Its use and integration with other apps have contributed to an increase of digital yuan payments, media reports unveil. Wallet Launch...
Your Winter 2022 Anime Guide
10.1.2022
It’s cold! Who wants to go outside when there’s new anime to watch? Not me, that’s for sure. Read more
Kosovo Halts Cryptocurrency Mining Amid Energy Crisis
5.1.2022
The government of Kosovo has decided to suspend crypto mining activities in the country as part of measures to deal with power shortages this winter. The move has been proposed by a special parliamentary committee tasked with bridging the gap between electricity demand and supply. Kosovo...
China’s Digital Yuan Wallet App Now in iOS and Android App Stores
5.1.2022
China’s central bank has released its digital currency wallet app ahead of the Winter Olympics. The wallet app for the digital yuan, also known as e-CNY, can now be downloaded from the iOS and Android app stores in the country. Digital Yuan Wallet App Now Downloadable From iOS and Android...
Another Crypto Winter Or a New Dawn for NFTs - Industry Insiders Share More 2022 Predictions
30.12.2021
2022 is right around the corner, and we have once again gathered some interesting predictions about what the new year could hold for the crypto space. And as usual, opinions are divided on what to expect, with some fearing regulations could become a showstopper for crypto, and others expressing...
Iran Allows Renewable Power Plants to Supply Crypto Miners With Electricity
30.12.2021
Authorities in Iran have decided to permit power generation plants using renewable sources to sell electricity to licensed cryptocurrency miners. The move comes after the government asked mining companies to suspend activities in order to avoid winter blackouts. Crypto Miners in Iran to Mint...
Winter’s Here for Bitcoin Miners in Kazakhstan and Iran as Cold Weather Brings Slowdowns
28.12.2021
Cold weather in some of Bitcoin (BTC) and crypto mining’s hotspots is bringing bad tidings for the industry – with power interruptions experienced in Kazakhstan and the government intervening in Iran....
Read More: Winter’s Here for Bitcoin Miners in Kazakhstan and Iran as Cold Weather Brings...
Iran halts authorized crypto mining to save energy for winter
27.12.2021
Iran previously put a temporary blanket ban on crypto mining amid historically peak periods for power demand in summer
Iran Orders Crypto Miners to Halt Operations to Prevent Winter Blackouts
26.12.2021
Authorities in Iran have again told licensed miners to suspend their activities in the face of electricity shortages during the cold winter months. Following a period of similar restrictions this past summer, authorized companies were allowed to resume mining in September. Crypto Mining Farms...
Former Finance Secretary Doubts Indian Government Understands Crypto
24.12.2021
The Indian government has not introduced the cryptocurrency bill that was listed to be taken up in the winter session of parliament. Former Finance Secretary Subhash Chandra Garg says he has no confidence in the ability of the Indian government to figure out crypto. Garg headed...