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The United States Securities and Exchange Commission (SEC) is taking further steps to stop Grayscale Investments’ efforts to launch a Bitcoin exchange-traded fund (ETF). Grayscale began its legal challenge of the SEC’s denial order of the proposed investment product in June 2022.A 73-page brief filed with the U.S. Court of
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Compute North, prior to its bankruptcy, served as the biggest hosting provider that Marathon Digital partnered with.American cryptocurrency mining outfit Marathon Digital Holdings Inc (NASDAQ: MARA) is exploring options to acquire its bankrupt sister firm, Compute North Holdings. According to Marathon’s Chief Executive Officer, Fred Thiel, the company has hired
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Crypto exchange CrossTower Inc., which is currently bidding for the assets of Voyager Digital, is reportedly window shopping for other crypto company acquisitions. In a Nov. 24 Bloomberg report, CrossTower CEO Kapil Rathi revealed that the company is looking to pick up firms with a “good set of customers” and a
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“It doesn’t really give us the real background detail,” Alison Thewliss, a member of Parliament’s Treasury Committee, told Bloomberg. “I’m sure the committee will be asking more questions to get to the details of what happened here, because there are wider implications for this collapse and for the crypto sector
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The previous Voyager sale saw FTX emerge as the “white knight,” beating out Binance. Original Source
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According to a Hydro-Québec newsroom report, the company has asked the electricity transmission and distribution regulator, Régie de l’énergie, to cease offering services to crypto miners. The Hydro-Québec report stresses that “growth in electricity demand is expected to continue in Québec. Hydro-Québec Targets Blockchain Industry in Order to Stave off Electricity
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Teleport seeks to address some of the headwinds faced by traditional ride sharing, giving control back to drivers and customers, according to its founder, Paul Bohm. “We're giving ownership to anyone who brings people using the protocol, because the protocol should reward the people building it well,” Bohm told CryptoX. Source
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The Chinese yuan’s offshore exchange rate against the U.S. dollar fell to a new all-time low of 7.33:1 just over a day after the conclusion of the Chinese Communist Party’s congress which gave President Xi Jinping the mandate to lead the country for the third time. Concerns over Xi’s unprecedented
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FTX has bid $1.4 billion for Voyager Digital’s assets, looking
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According to a filing published by the U.S. Bankruptcy Court for the Southern District of New York, the crypto lending firm Celsius has been given a final bid deadline of October 17, 2022. Following the bankruptcy court’s final bid deadline, a sale hearing is scheduled for November 1. A report
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