BlackRock Gives Bankrupt Bitcoin Miner Core Scientific New $17M Loan
BlackRock, which already was largest shareholder of the miner, also had $37.9 million secured convertible notes with Core.
Read MoreWeb3 Is Being Used to Preserve History Threatened by Wars
Theresa Kennedy, Black History DAO Founder, says using blockchain technology eliminates the need of a centralized storage facility.
Read MoreFTX, Congress, Stablecoins: What 2023 May Bring for Crypto Regulations
Can you believe this year started off with U.S. law enforcement officials arresting two individuals in connection with the 2016 Bitfinex hacked funds? For this week’s newsletter, the 102nd since
Read MoreBitcoin Miners Got Crushed by Crypto Winter. 2023 May Bring More Pain
Bitcoin miners had a rough 2022, showing “how to not build a mining business,” However, industry experts don’t see 2023 as any better, unless markets improve significantly.
Read MoreCFIUS Plans to Review Any Deals Made By Bankrupt Crypto Lender Voyager
The review could impact the completion, timing and terms of any such deals, CFIUS said.
Read MoreCrypto Asset Manager Valkyrie Investments Wants to Sponsor, Manage Grayscale Bitcoin Trust
GBTC, the world’s largest bitcoin fund, has been trading at near a record discount relative to the price of bitcoin.
Read MoreNo, Advisors, Crypto Is Not a Ponzi Scheme
While the FTX debacle has many Ponzi-like characteristics, most cryptocurrencies do not resemble the infamous schemes.
Read MoreBitcoin Miner Bitfarms’ CEO Resigns and Is Replaced by COO
Co-founder Emiliano Grodzki resigned as CEO but will remain a director.
Read MoreMaking Comprehensive Crypto Policy Out of Regulatory Patchwork
Suggestions that the CFTC is the crypto industry’s “regulator of choice” and more susceptible to capture do not hold up, according to former CFTC Director of Enforcement Aitan Goelman.
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