The use of crypto for donations and purchases is not a new concept. However, the ongoing conflict between Ukraine and Russia has shed light on the advantages of using digital currencies for military a...
Tag: Equipment
60% of military equipment suppliers for Ukraine accepted crypto, claims minister
With Russia’s infamous invasion of Ukraine entering its first year, it has emerged that cryptocurrencies have played a key role in the conflict besides being used as a means of donations. In particul...
Court approves BlockFi’s plan to sell its crypto mining equipment – Cryptopolitan
The bankrupt cryptocurrency lender BlockFi has been given permission by the court to auction off its cryptocurrency mining equipment as part of the company’s continuous attempts to repay its debtors. ...
BlockFi Earned Court Approval to Sell Crypto Mining Equipment
BlockFi, a globally popular cryptocurrency lender, opted to file for chapter-11 bankruptcy in the last week of November 2022. The company states that FTX’s collapse is the main reason for filing for b...
Bankruptcy court allows bids for BlockFi’s crypto mining equipment
Crypto lender BlockFi has received approval from the bankruptcy court to invite bids for its mining equipment. The deadline to submit bids is 20 February. The U.S. Bankruptcy Court for the District ...
BlockFi permitted to auction mining equipment
BlockFi has gained permission in bankruptcy court to sell its cryptocurrency mining equipment, Bloomberg reported Jan. 30. Bloomberg cited statements made by BlockFi representatives during a video he...
Ukraine Receives Military Equipment To Counter Russia’s Expected Surge In Landmine Usage
The recent military aid package from the United States to Ukraine included equipment specifically designed for mine warfare, including mine rollers, Mine Resistant Ambush Protected Vehicles (MRAPs), a...
Celsius’ mining arm announces $1.3M sale of equipment
The mining arm of crypto lender Celsius Network has issued a notice for the sale of $1.3 million worth of mining equipment as part of its bankruptcy case. In a Jan. 11 filing with the United States Ba...
Bitfarms to restructure equipment loan facility terms
Bitfarms Ltd, a global organization that mines bitcoin, is lowering the debt of one of its wholly-owned corporate subsidiaries. According to statements made by Jeff Lucas, Chief Financial Officer of B...
Celsius mining announces the successful sale of $1.3M worth of mining equipment
As part of its bankruptcy proceedings, the mining arm of crypto lender Celsius Network has announced a sale worth $1.3 million for their mining equipment. The United States Bankruptcy Court of the Sou...
Fresh Logos And Equipment In Play At Kapalua
KAPALUA, MAUI – HI – JANUARY 05: Xander Schauffele tees off on the 14th hole during the first round … [+] of the Sentry Tournament of Champions on The Plantation Course at Kapalua on...
Iran court orders the release of seized crypto mining equipment
Iranian authorities seized numerous crypto mining equipment over the past two years, citing stress on energy grids during winter. Now, a court ordered the release of crypto-mining equipment that was p...
Nvidia in Pact With Foxconn to Build Autonomous Cars
Getting a jump on the parade of announcements to come at this week’s CES tech trade show in Las Vegas, the graphics and AI chip company Nvidia gave an unofficial virtual keynote presentation Tuesday m...
Iran Returns Seized Crypto Mining Equipment to Miners – Mining Bitcoin News
A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained the agency was obliged to do that by cou...
OKX Reports Pperiodic Downtime Due To Alibaba Cloud Equipment Issue
The Alibaba Cloud Hong Kong IDC Zone C server had an outage on Saturday night about 10 p.m. Eastern Time and has been unable to recover for over seven hours as of the time this report was published....
OKX cites intermittent outage amid Alibaba Cloud equipment anomaly
Crypto exchange OKX witnessed service disruptions after primary infrastructure provider Alibaba Cloud announced a hardware failure in Alibaba Cloud’s Hong Kong data center. Alibaba Cloud Hong Kong IDC...
Apple Is Looking to Move Production Out of China, Report Says
Apple has hastened plans to move part of its production out of China, home to the world’s largest iPhone factory, according to a The Wall Street Journal report citing anonymous sources. The world’s mo...
Apple Makes Plans to Move Production Out of China
In recent weeks, Apple Inc. has accelerated plans to shift some of its production outside China, long the dominant country in the supply chain that built the world’s most valuable company, say people ...
Apple’s iPhone Issues Could Hit Revenue. Why Analysts Say Not to Worry.
Apple is facing delivery problems for some iPhones as issues at a critical factory in China continue. But analysts are playing down the potential long-term impact on the company. Apple (ticker: AAPL) ...
Iris Energy to eliminate mining equipment following $108M loan default
The current bear market in cryptocurrencies has claimed another victim: the Australian-based Bitcoin mining company Iris Energy. This makes Iris Energy the latest company to fall victim to the bear ma...
Bauer Hockey Commits $100,000 To Black Girl Hockey Club’s Equipment Grant
Members of Black Girl Hockey Club pose at a WNBA game in Washington, D.C. Photo by Tiffany … [+] Thompson/Black Rosie Media Courtesy of Black Rosie Media Hockey equipment company Bauer will comm...
2 Lenders Claim Bitcoin Miner Iris Energy Defaulted on Equipment Loans Worth $103 Million – Mining Bitcoin News
Another bitcoin mining company is dealing with financial issues as Iris Energy’s Form 6-K filing with the U.S. Securities and Exchange Commission (SEC) shows the company could face default on two loan...
Bitcoin Miner Iris Energy Faces Default Claim on $103M of Equipment Loans
The reason for the notice of default, which the lender sent to the miner on Nov. 4, is the company failed to engage in “good faith restructuring discussions” for the debt in question, acco...
Best Stocks In Farm Equipment, Agriculture Commodities Gain As Food Insecurity Rises
Is the U.S. concerned about food security as we face a potential recession and agricultural equipment and supplies run short? One would think so, based on the way IBD 50 best stocks have been building...
2 Chip Equipment Stocks to Buy on the Dip, According to an Analyst
Text size The stocks of both Applied Materials and ASML have fallen more than 40% this year. Paul Morris/Bloomberg It has been a terrible year for chip equipment stocks. But based on history, prices i...
US Accuses Five Russians and Two Venezuelans of Smuggling Oil, Millitary Equipment Using Crypto
On October 19, the United States Department of Justice (DOJ) accused two Venezuelan citizens and five Russians of using cryptocurrencies to launder money for Russian oligarchs by selling oil barrels f...
Sunrun and Other Solar Stocks With Strong U.S. Presence Are a Buy, Analyst Says
An analyst from Deutsche Bank is bullish on Enphase Energy Sunrun and First Solar due to their strong domestic presence amid new U.S. legislation. Deutsche Bank analyst Corinne Blanchard initiated cov...