Hut 8 expands mining operations with power deal in West Texas
Hut 8 secured a purchase agreement for 205 megawatts of power and land in West Texas, expanding its energy infrastructure to about 1.3 gigawatts of capacity.
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Blockchain Association executive debunks rumored crypto crackdown by Treasury
A United States blockchain lobbying group executive says there is no danger of a crypto crackdown in the country. 2941 Total views 27 Total shares Kristin Smith, executive director of the Blockchain Association has dismissed fears that the United States Department of the Treasury was close to cracking down on Bitcoin (BTC) and cryptocurrencies.Indeed, rumors…

Banque de France, Hong Kong Monetary Authority explore CBDC, tokenization
The HKMA set up Project Ensemble months ago. Now we know why.

China’s Great Firewall Blocks Popular ETH Block Browser Etherscan
China's Great Firewall, a tool used to ban Chinese citizens from using sites like Google and Facebook, has listed a major explorer for Ethereum’s (ETH) blockchain.According to data from non-profit monitoring organization GreatFire, China allegedly blocked one of the most popular ETH block browsers, Etherscan, in October 2019. As of Dec. 3, Etherscan’s domain remained…

Bitcoin traders risk-off as BTC price falls to $62K — Is a generational bottom approaching?
Bitcoin traders anticipate a potential price drop below $60,000. Will dip buyers show up?

Ethereum eyes 3-week winning streak vs. Bitcoin as BTC price drifts below $39K
Bitcoin (BTC) headed lower on Aug. 5 after an attempt to reclaim $40,000 failed to garner buyer support.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAccumulation recalls October 2020Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to local lows of $38,700 on Bitstamp, down around 1.5% in several hours.The largest cryptocurrency had benefited considerably from remarks…

Bitcoin will ‘teleport’ to $14K or worse if BTC breaks $16K — analyst
Bitcoin faces pressure from China, a stock market trend in addition to the FTX fallout. 132 Total views 2 Total shares Bitcoin (BTC) hovered above $16,000 on the Nov. 28 Wall Street open as analysts diverged on the next market move.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin spot price near key supportData from Cointelegraph Markets…

Japan Ministry of Economy launches Web3 policy office
The new body will bring together the financial regulators and creative industries to formulate the policies in the Metaverse. 119 Total views 19 Total shares In an important landmark for the buzzword, The Ministry of Economy, Trade and Industry (METI) of Japan opens its own Web3 Policy Office in the Minister’s Secretariat. The new entity…

Binance considers legal action against Checkout.com as partnership ends
Binance Connect was shut down on Aug. 16 after Checkout.com discontinued supporting the crypto exchange. 170 Total views 3 Total shares Crypto exchange Binance is considering legal action against its former payment provider Checkout.com, a spokesperson for Binance told Cointelegraph on Aug. 18.The potential legal dispute arises from letters sent by Checkout.com to Binance on…