Search Results for: reserves

Bitcoin’s Total Hashrate Slides Lower in December as BTC Miners Struggle for Profits

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While bitcoin prices have been lower than the estimated cost of bitcoin production, la red’s hashrate has dropped a great deal since mid-November. Ahora, the total hashrate dedicated to the Bitcoin network is coasting along at 236 exhash por segundo (EH/s)…

Kraken’s Jesse Powell Takes Aim at Newly Launched Proof-of-Reserve Lists, POR Audit ‘Requires Cryptographic Proof’

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El martes, amid the many conversations concerning crypto exchange proof-of-reserves, Kraken executive Jesse Powell shared a screenshot of coinmarketcap.com’s newly launched proof-of-reserves (POR) dashboard. Powell said he planned to be “more assertive with calling out problems,” and he stressed that a…

Coinbase CEO Says Company Holds 2 Million Bitcoin, Reminds People Firm’s ‘Financials Are Public’

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According to Coinbase CEO Brian Armstrong, as of Sept. 30, 2022, the company holds 2 million bitcoin worth $39.9 mil millones. The news Armstrong shared comes at a time when the general public is looking directly at exchange balances following FTX’s turbulent…

Binance’s Bitcoin Reserve Stash Nears 600,000, Company’s BTC Cache Is Now the Largest Held by an Exchange

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While there’s been a lot of discussions concerning proof-of-reserves, self-custody, and the more than $5 billion in bitcoin and ethereum that left exchanges between Nov. 7 through Nov. 14, 2022, Binance’s bitcoin stash has grown significantly since Nov. 12. En realidad,…

Onchain Data Reveals Alameda Acquired Specific Tokens a Month Before FTX Listings

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According to a report stemming from the blockchain analytics firm Argus, Sam Bankman-frito’s trading firm Alameda Research obtained tokens ahead of FTX.com listings. The report claims that Alameda acquired roughly $60 million worth of tokens before the digital assets were scheduled…

Shaky USDT Price Stirs Speculation Tied to Alameda Reserves, Tether Freezes 46 Million Tokens

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Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low of $0.961 por unidad. Atar’s market fluctuations have affected the decentralized finance (definitivamente) protocol Curve’s 3pool, as the stablecoin pool has become unbalanced Thursday morning. Es más,…

Natural Gas Price Hike Hits Crypto Miners in Iran

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Companies using natural gas as a power source to mint digital currency in Iran will have to deal with a sharp increase in the price of the fuel. The new rates set by the state-run supplier are almost double the previous…

Las acciones de Core Scientific fueron rebajadas después de que la presentación ante la SEC insinuara una posible quiebra

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Uno de los mineros de bitcoins que cotizan en bolsa más grandes, Núcleo científico, ha sacudido a los inversores con una reciente presentación ante los EE.UU.. Comisión de Bolsa y Valores que plantea la posibilidad de que la empresa pueda solicitar protección por quiebra. The filing notes that Core Scientific…

Cerca de 60,000 BTC Erased From Bitcoin Treasuries in 9 Meses, 4 Entities Hold More Than 100K BTC

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During the last two years, a number of public and private companies, exchange-traded products (ETPs), and countries have added bitcoin to their balance sheet. Sin embargo, during the last nine months of 2022, the number of bitcoin stored in these types of…

Chinese Central Bank Says It Will Prioritize Stabilizing Currency After Yuan Plunges to 14-Year Low Versus USD

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Moments after the Chinese yuan’s onshore exchange rate versus the U.S. dollar slumped to 7.2458 por dólar, the Peoples Bank of China responded by stating that it will prioritize stabilizing the currency. Similar to other currencies that have been depreciating against…