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B Riley said it is prepared to fund the first $40 million of the new financing immediately, with "zero contingencies." The remainder of the financing is contingent on all principal payments to equipment lenders being suspended at bitcoin prices of $18,500 and below. Above that threshold, however, free cash flow
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One proposed contract is between Kentucky Power and Ebon International, LLC, and would give discounted electricity rates to the Ebon Facility, a 250 MW cryptocurrency mining operation in Louisa, Kentucky. The second investigation is into Bitiki-KY, a 13 MW cryptocurrency mining facility in Waverly, KY. Bitki-KY already has a $250,000
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The United States equities markets shrugged off the hotter-than-expected labor data on Dec. 2 and recovered sharply from their intraday low. This suggests that market observers believe the Federal Reserve may not change its stance of slowing the pace of rate hikes because of the latest jobs data.Although the FTX
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ATOM’s price loses its demand zone of $13 as the price trades to a low region of $10 and could experience more sell-off. ATOM’s price continues to look weak after a bearish downtrend with the market’s current state, as things look uncertain for most traders and investors. ATOM’s price trades below the
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Under the agreement, Saga phones sold in the U.S. will get a 30-day free subscription to Helium Mobile. Original Source
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Dear Elon, This Is How to Decentralize Twitter and Give the Internet Back to Everyone Original Source
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Cryptocurrency exchange FTX will provide around $6 million in compensation to victims of a phishing scam that allowed hackers to conduct unauthorized trades on certain FTX users’ accounts. FTX founder and CEO Sam Bankman-Fried posted in a Twitter thread on Oct. 23 that the exchange generally doesn’t award compensation to its
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In previous orders, the Texas state securities board has said that metaverse casinos, like the Flamingo Casino Club, are soliciting residents of the U.S. But there’s no specific language on any of these platform’s sites targeting Texans or Americans in general. It’s also not clear that U.S. residents, or even
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BTC was holding around $19,300, even as traditional markets lost steam following the release of third-quarter company earnings reports. Original Source
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XLM price shows could be ready for a major boost as the price remains bullish with good volume and strength. XLM trades above
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