Musk Hires New CEO for Twitter, ‘She Will Be Starting in 6 Weeks’

Billionaire investor Elon Musk will be stepping down as chief executive of Twitter and taking on other roles in the company. The owner of the microblogging platform revealed he has hired a new CEO, media executive Linda Yaccarino, who should be

Large Immersion Cooled Crypto Mining Farms to Extract Bitcoin in Middle East Desert

A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (VAE). The high-tech data centers will rely on a full immersion solution to cool the power-hungry miners as the desert climate renders air-cooled mining

Bitcoin Miner Marathon Receives Second SEC Subpoena in Connection to Montana Mining Facility Investigation

Exahash, a publicly-listed bitcoin mining company, has recently revealed that it was served with a subpoena by the U.S. Wertpapier- und Börsenkommission (SEK) in relation to an investigation concerning the firm’s Montana mining facility. The SEC is reportedly

Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit

Bittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware after being sued by the U.S. Securities and Exchange Commission for failing to register with the regulator. The exchange reportedly has over 100,000 creditors and liabilities

Binance Reportedly Removes Restrictions on Russian Users

Die Welt’s largest crypto exchange, Binance, has lifted certain restrictions on Russian users, local crypto media unveiled. According to multiple reports, Russians can once again use their bank cards to make deposits and the trading platform has canceled a limit on

Terawulf Energizes 50 MW at Nuclear-Powered Bitcoin Mining Facility Nautilus

Bitcoin mining company Terawulf has announced the full deployment of its 50-megawatt (MW) stake in the nuclear-powered Nautilus Cryptomine facility. The behind-the-meter bitcoin mining facility is powered by 100% nuclear power and benefits from a fixed power cost of $0.02 per

Brazil and China Deepen Trade Integration to Move Away From US Dollar, as First Yuan-Based Settlement Is Processed

Brazil and China have reached a milestone in their economic integration, as the first bilateral settlement in Chinese yuan was completed ahead of the visit of President Luis InacioLulada Silva to China. The settlement, which was processed by the

US Bank Lending Drops by Record $105 Billion in Two Weeks, Trillions Moving to Money Market Accounts, Elon Musk Warns ‘Trend Will Accelerate’

The banking industry in the United States is still struggling after the collapse of three major banks. According to statistics, bank lending in the U.S. has dropped by close to $105 billion in the last two weeks of March, welches ist…

P2P-Bitcoin-Börse Paxful sperrt Marktplatz wegen Ungewissheit über die Rendite

Laut einer Nachricht des Gründers und CEO von Paxful, Ray Youssef, Die Peer-to-Peer-Bitcoin-Handelsplattform stellt ihren Marktplatz ein, und das Unternehmen ist unsicher, ob es zurückkehren wird. Youssef nannte Herausforderungen wie Vorschriften und einige wichtige Personalabgänge, Aber…

SEC Takes Action Against Crypto Trading Platform Beaxy and Its Executives

Die USA. Wertpapier- und Börsenkommission (SEK) has filed charges against crypto trading platform Beaxy and its executives. zusätzlich, the regulator alleged that the cryptocurrency exchange’s founder raised $8 million in an unregistered crypto token offering andmisappropriated at least $900,000