The bitcoin mining operation Greenidge Generation is seeking to raise roughly $22.8 million, according to a U.S.Securities and Exchange Commission (SEC) filing published Wednesday. According to the prospectus disclosing information, the New York-based Greenidge conducted a sales agreement with the investment firms B. Riley Securities and Northland Securities. Bitcoin Miner Greenidge Generation Looks to Raise $22.8 Million via Stock Offer…
Month: October 2022
Anchorage co-founder to US regulators: ‘What we want is clarity’
There’s “15 different regulators” and “basically no clarity” when it comes to cryptocurrency regulation in the United States, according to Diogo Mónica. Source: https://cointelegraph.com/news/anchorage-co-founder-to-us-regulators-what-we-want-is-clarity
Nothing’s Cheaper Than Proof-Of-Work Consensus – Bitcoin Magazine
This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Paul Sztorc to break down why all roads lead to proof-of-work and how proof-of-stake protocols are fooling themselves by thinking that proof-of-stake technology can stay decentralized and secure. Watch This Episode On YouTube Or Rumble Listen To The…
Nothing’s Cheaper Than Proof-Of-Work Consensus – Bitcoin Magazine
This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Paul Sztorc to break down why all roads lead to proof-of-work and how proof-of-stake protocols are fooling themselves by thinking that proof-of-stake technology can stay decentralized and secure. Watch This Episode On YouTube Or Rumble Listen To The…
Marathon reports $80M exposure to bankrupt mining firm
Marathon has outlined that at this stage its operations hosted by Compute North will continue to operate as usual, and highlighted an improved BTC mining production in Q3. Source: https://cointelegraph.com/news/marathon-reports-80m-exposure-to-bankrupt-mining-firm
Binance-Backed BNB Smart Chain Paused Over Potential Multi-Million Dollar Exploit, Token Slides 4% – Bitcoin News
On Thursday, 6:19 p.m. (ET), the official Twitter account for the Bnb Smart Chain explained that the team was temporarily pausing the blockchain, after citing that it noticed irregular activity. Sources say that more than $600 million in Bnb tokens were reportedly stolen from the chain’s cross-chain bridge. The Bnb Smart Chain team detailed on Reddit that funds “taken off…
Introducing Those Around You To Bitcoin – Bitcoin Magazine
This is an opinion editorial by Holly Young, Ph.D., an active builder in the Portuguese Bitcoin community. The number of people buying and using Bitcoin is on the rise. Jason Deane calculated that in the first six months of 2021, the number of Bitcoin users grew by about 165 people per minute. It sounds like a lot — right? But…
MakerDAO goes ahead with $500M investment in treasuries and bonds
$500 million of the funds currently collateralizing the Dai (DAI) stablecoin will be reallocated to U.S. Treasuries and corporate bonds in an effort to provide the protocol low risk additional yield. Source: https://cointelegraph.com/news/makerdao-goes-ahead-with-500m-investment-in-treasuries-and-bonds
Binance Smart Chain Halted Over ‘Potential Exploit,’ $100 Million Taken Off Chain
Transactions on the Binance blockchain, also known as BNB Chain and Binance Smart Chain, were halted today after a potential exploit in the network was detected through a spike in “irregular activity.” The initial announcement was posted to Twitter by BNB Chain at 9:19 pm EDT, saying there would be a temporary pause on the BSC network. By 9:35 pm…
Binance Smart Chain Halted Over ‘Potential Exploit’
Transactions on the Binance blockchain, also known as BNB Chain and Binance Smart Chain, were halted today after a potential exploit in the network was detected through a spike in “irregular activity.” The initial announcement was posted to Twitter by BNB Chain at 9:19 pm EDT, saying there would be a temporary pause on the BSC network. By 9:35 pm…