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BTC miner Rhodium faces lawsuit over an alleged $26M in unpaid fees: Report

Crypto mining firm Riot Platforms – formerly Riot Blockchain – is seeking to recover “more than $26 million” in alleged unpaid fees from Texas-based Bitcoin (BTC) miner, Rhodian Enterprises, according to its Q1 2023 report.Published on May 10, Riot's Q1 2023 financial report stated that Whinstone – a wholly owned subsidiary of

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NBCUniversal veteran could replace Elon Musk as Twitter CEO: Report

Reports from major media outlets have suggested that NBCUniversal’s chair of global advertising and partnerships, Linda Yaccarino, could follow Elon Musk as the next chief executive officer at Twitter.According to a May 12 report from Axios citing people familiar with the situation, Yaccarino will leave her position at NBCUniversal, where

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Binance.US seeking to cut Changpeng Zhao’s majority stake: Report

Crypto exchange Binance US and its founder Changpeng Zhao (CZ) are reportedly looking for ways to reduce his stake in the firm, amid harsh scrutiny from United States federal regulators over the past year. The crypto executive — Binance US’ majority owner — has reportedly been trying to reduce his stake

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BTC Hovers Near Key Price Floor, Ahead of US Inflation Report – Market Updates Bitcoin News

Bitcoin was hovering close to a key price floor near $27,300 on Wednesday, as markets anticipated the upcoming U.S. inflation report. Consumer prices for last month are expected to remain at 5%, which could be seen as justifying the Federal Reserve’s decision to hike rates last week. Ethereum remained above

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South Korean lawmaker allegedly cashed out while legislating on crypto: Report

Kim Nam-kuk, a member of South Korea’s National Assembly, reportedly liquidated more than $4 million worth of crypto prior to lawmakers in the country enforcing the Financial Action Task Force’s “Travel Rule”.According to a May 8 report from The Korea Times, authorities with the Korea Financial Intelligence Unit are investigating

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