According to infrastructure providers, Signature Bank’s Signet payment network infrastructure remains intact after the takeover by the Federal Deposit Insurance Corporation. Signet’s blockchain builde...
Tag: operational
Bitcoin Miner Hut 8 Talks Operational Issues and USBTC Merger in Earnings Call
In mid-November 2022, Hut 8 stopped mining with 7,000 rigs at a site in North Bay, Ontario due to an ongoing dispute with its energy provider, Validus Power. Hut 8 has now removed all machines from th...
Mawson Infrastructure Group Inc. Announces February 2023 Operational Update
Mawson’s installed operational capacity as of February 28, 2023 was approximately 50 Megawatts across Bitcoin Self-Mining and Hosting Co-locations Approximately $2.2m in revenue for February 2023 gene...
Chipper Cash Lays Off More Workers — Crypto Department Still Operational, Says CEO – Fintech Bitcoin News
The Nigerian fintech, Chipper Cash, recently said it has let go of more employees and that this step has been taken to help the firm contain its operating costs. Although no figure of the number of ax...
Bitstamp Gets Operational License From French Regulators – Here’s What Happens
Bitstamp has been extending its operational tentacles in the industry. The crypto exchange’s latest addition is an active license in France. The crypto exchange has completed its registration with the...
Bitstamp Secures an Operational License in France
One of the longest-standing cryptocurrency exchanges – Bitstamp – registered with the Financial Markets Authority in France. Thus, it followed other rivals, including Binance and Crypto.com, which alr...
Core Scientific Announces January 2023 Production and Operational Updates
Operated approximately 206,000 owned and colocated ASIC servers Produced 1,527 self-mined bitcoin and 471 bitcoin for colocation customers AUSTIN, Texas–(BUSINESS WIRE)–$CORZQ #bitcoin—Core Scientific...
Marathon Digital sells 1,500 BTC to fund operational expenses
Marathon Digital’s bitcoin production and mining operation updates for January 2023 show the company produced a record 687 BTC last month, representing a 45% increase compared to the previous month. M...
Bitcoin Miner Marathon Digital Sells 1500 Bitcoin For Operational Expenses
3 hours ago | 2 mins read Bitcoin News Marathon Digital reported a 45% increase in the total number of Bitcoins mined. The firm was among the very few miners that held off on selling during crypto win...
Bitcoin miner Gryphon releases operational update ahead of going public
Bitcoin miner Gryphon mined 71 bitcoin-equivalent coins in December, it said in an operational update after announcing plans to go public last week. The miner had an average hashrate of 0.625 EH...
Mawson Infrastructure Group Inc Announces December 2022 Operational Update
Mawson’s installed operational capacity as of December 31, 2022 was approximately 2.9 Exahash across Bitcoin Self-Mining and Hosting Co-locations Approximately $4 million in revenue generated from Maw...
Coinbase Lays Off 950 Staff, Cuts Operational Costs By 25%
Coinbase is cutting an additional 950 staff as part of cost-saving measures that will see its operational expenses shrink by a quarter. The move was announced by CEO Brian Armstrong in a Tuesday morni...
Core Scientific releases operational update as bitcoin mining revenue falls
Bitcoin mining firm Core Scientific has released its production and operational update for the last two months of 2022. Core Scientific mined 4,417 bitcoins In a press statement published on Jan.9, Te...
Huobi confirms lay-offs amid rampant FUD over operational stability
Tron (TRX) founder Justin Sun plans to lay off roughly 20% of Huobi’s staff, Reuters reported on Jan. 6. According to the report, the exchange is planning a “structural adjustment” expected to be comp...
Mawson Infrastructure Group Inc. Announces November 2022 Operational Update
Mawson’s installed operational capacity at approximately 2.5 Exahash as at the end of November across Bitcoin Self-Mining and Hosting Co-location Approximately $1.6 Million generated from Mawson’s Ene...
Marathon shares fall 7% after November operational update
Almost all of the bitcoin mining stocks tracked by The Block traded lower on Wednesday, and three firms saw double-digit declines. Bitcoin was trading at around $16,800 by market close, accordin...
AAX clients storm exchange’s office in Lagos following operational halt
Nigerian customer’s of the crypto exchange AAX reportedly attacked the company’s office in Lagos and harassed its employees, in a response for the recent halt of withdrawals, according to ...
Big Eyes Coin: A Must-have Crypto Emulating the Operational Strengths of Cardano and Axie Infinity
Big Eyes Coin will operate as a crypto cathouse with lots of unique features. Due to its excellent features, it has the potential to become a significant cryptocurrency. This crypto newbie will emulat...
AAX exec leaves the crypto exchange amid ongoing operational halt
Weeks after the AAX exchange started halting its withdrawals, its vice president for global marketing and communications announced that he has resigned from his role at the cryptocurrency exchange. I...
Examiner: Celsius’ accounting and operational controls were ‘insufficient’
In the bankruptcy case involving crypto lender Celsius, the independent examiner claims that the company did not establish “adequate” accounting and operational controls in its handling of...
Celsius had ‘insufficient’ accounting and operational controls, says examiner
The independent examiner in crypto lender Celsius’ bankruptcy case has alleged that the company failed to set up “sufficient” accounting and operational controls in its handling of customer funds. In...
TeraWulf Announces Third Quarter 2022 Results and Provides Operational Updates
Q3 2022 Operating Capacity >1.5 EH/s with 117 Bitcoin Self-Mined Operational Ramp Continues with BTC Self-Mined in October 2022 Exceeding Total for Q3 2022 EASTON, Md.–(BUSINESS WIRE)–$WULF #Bitcoi...
Liminal Achieves the Highest Level of Security and Operational Performance Certification with SOC 2 Type II
SOC 2 Type II is the most popular and highest standard certification validating the security practices SINGAPORE–(BUSINESS WIRE)–#AICPA–Digital Wallet Infrastructure platform, Liminal announced that i...
Crypto startup Domain Money to Revises its operational System
Because of the high risk rate and lack of knowledge many potential investors in the crypto space are still skeptical about it Domain Money is a seamless and secure platform to invest in both sto...
Crypto Startup Domain Money Revises Its Operational System
Many potential investors in the crypto space are still skeptical about it. The reason is the inability to utilize the opportunities well. However, due to the knowledge and experience gap, some top sho...
Decoding Lido Finance’s next move now that ETH PoS is fully operational
Lido Finance really took the crypto staking market by storm, especially with its liquid staking feature. The Ethereum merge hype that contributed to Lido and LDO’s popularity has already died down. Bu...
Crypto Bank BVNK Secures Operational License from the Bank of Spain
London-based digital currency banking service provider, BVNK has announced it is now a licensed Virtual Assets Service Provider (VASP) with the Bank of Spain. While there are a number of startups that...
TikTok to Verify Political Accounts in US, Seeks to Sanitize Operational Structure
TikTok recently announced plans to verify accounts of US political affiliates ahead of the nation’s midterm elections. TikTok will begin to require verification of political accounts belonging to US g...
Huge offshore wind farm Hornsea 2 is fully operational, Orsted says
One of the turbines at the Hornsea 2 offshore wind farm. According to Danish energy firm Orsted, the facility has a capacity of more than 1.3 gigawatts. Orsted A facility described by Danish energy fi...
Baidu beats earnings despite facing macroeconomic and operational hurdles
Chinese technology stocks have been under a lot of scrutiny lately by both their government and investors in general. Despite this, the sentiment looks like it could shift, especially if positive earn...
Court Approves Celsius Plea To Sell Mined BTC To Fund Operational Expenses – crypto.news
As per recent reports, a US bankruptcy court has given the crypto lending platform Celsius the green light to sell its mined Bitcoin. The company told the court that it needed the funds for its operat...
Cake DeFi Releases Operational Highlight for Q2 as It Remains Cash Flow Positive
The startup launched its venture arm earlier this year with $100 million in committed capital to back innovative projects in the Web3.0 ecosystem. Cryptocurrency investment platform, Cake DeFi has rel...