Bitcoin (BTC) hashrate dropped to as low as 159.41 exahashes per second (EH/s) on July 13, its lowest in five months, as Texas-based miners were forced to go offline. According to data from BTC.com, t...
Tag: operations
Texas Bitcoin Miners Shut Down Operations Due to Heat Wave – crypto.news
Industrial Bitcoin miners in Texas have shut down operations in response to a request from the state’s grid operator amid a current heat wave, while projecting an increased demand for electricity. Cry...
Bitcoin Miners in Texas Halt Operations due to a Severe Heat Wave
Bitcoin mining companies in Texas turned off their machines in anticipation of extreme weather conditions. In some parts of the state, temperatures are expected to surpass 40 degrees (Celsius) which, ...
As Texas grid operator calls for energy conservation, some bitcoin miners paused operations
The Electric Reliability Council of Texas (ERCOT) asked Texans and Texas businesses to voluntarily conserve electricity to conserve energy on Monday due to extreme temperatures. Energy-intensive bitco...
Demand Response: Texas Bitcoin Miners To Shut Operations To Alleviate The Grid
A heat wave is about to hit Texas, and the bitcoin mining community is doing its part. This is the moment where the demand response program shows what it can do for the Texan community, but that’s sti...
Binance continued Iranian operations despite sanctions, Reuters says
Crypto exchange giant Binance continued to serve clients and process trades by people based in Iran, irregardless of US sanctions and a ban on doing business there, according to a report on Monday by ...
Crypto miners in Texas shut down operations as state experiences extreme heat wave
With many parts of Texas enduring days of temperatures well over 100 degrees Fahrenheit in July, many crypto miners have shuttered operations in anticipation of the state’s energy grid being unable to...
Prominent Spanish Crypto Exchange ‘2gether’ Suspends Operations
57 mins ago | 2 mins read Exchange News Customers were notified via email by the exchange. To keep their accounts alive, they must pay $20.35 every month. Some cryptocurrency exchanges and lenders hav...
Spanish Exchange 2gether Blocks Operations, Affecting 100,000 Users – Bitcoin News
2gether, one of the oldest cryptocurrency exchanges in Spain, has suddenly blocked its operations, leaving its users without access to their accounts. The platform informed it had to take this action ...
Solana’s Liquidity Protocol Crema Finance shuts its operations; Market crash or something else?
Ironically, one of the most effective ways to refrain the funds drain out of the institution, is to shut down the operation itself. For the past several weeks, many crypto firms and related institutio...
Should crypto investors beware, given Voyager Digital is suspending operations?
The recent Market downturn has not only resulted in cryptocurrencies’ price drop but also many firms losing their ground As if the crypto space has not already been through enough where an...
Crypto mining operations rising in Kentucky
Kentucky has become a hotspot for cryptocurrency mining. The state currently homes nearly twenty % of crypto mining operations within the United States, that has become the worldwide leader in crypto ...
Warren Buffet-backed Nubank Finally Launches Bitcoin Operations for 54 Million Customers
Gamza Khanzadaev 54 Million Brazilians can now buy Bitcoin via Warren Buffet-backed Nubank One of the world’s largest online banks, Brazilian Nubank, has launched the ability to make transaction...
Binance To Temporarily Hold Tezos Operations In 4 Days
– Advertisement – Binance Pledges Support For The Upcoming Tezos Network Upgrade. The Tezos network is implementing an upgrade and Binance exchange is preparing to support it. Tezos (XTZ...
Binance to Temporarily Hold Ethereum Operations in 5 Days: Details
Yuri Molchan Binance exchange has announced upcoming maintenance for its Ethereum wallet World’s biggest crypto trading platform, Binance, has posted a blog post to spread the word about its pla...
Celsius claims it will take time to stabilize its financial operations
One week ago, a crippling liquidity issue caused Celsius to halt withdrawals from its platform. The crypto lending network has now stated that additional time is needed for it to regain its financial ...
Need More Time to Resume Operations: Celsius Network
Crypto lender Celsius Network said Monday that it needs more time to resume its operation by stabilizing its liquidity and further pausing activities on Twitter. The company’s announcement came ...
Huobi crypto exchange will halt its operations in July
Huobi Kingdom of Thailand can finish off its exchange for good on July 1, per associate degree announcement denote on its website. This marks the exchange’s impermanent ambition within the Southeast ...
Huobi Thailand License Revoked, Crypto Exchange To Shut Operations
Crypto exchange platform, Huobi is winding down its operations in Thailand, according to the statement by the platform. This closure is due on the 1st of July, 2022. The whole process of closing down ...
Huobi Thailand Shuts Down Operations after Losing License
After the closure of the platform, Huobi Thailand will no longer have any connections or legal bindings with Huobi Group and its affiliates. Huobi Thailand has announced it will cease all operations o...
Crypto winter causes Australian exchange to freeze operations permanently
? Want to work with us? CryptoSlate is hiring for a handful of positions! Australian crypto exchange BTC.com.au announced its closure on June 17 and said “it’s not possible to continue operating” unde...
Huobi to permanently shut crypto operations in Thailand
After its operating license was revoked by the Thai Securities and Exchanges Commission (SEC), Huobi’s Thailand unit is set to wind down operations by July 1. The Thai SEC revoked Huobi’s license in M...
Huobi to Cease Operations in Thailand After SEC Revokes License
The Thailand subsidiary of the Huobi cryptocurrency exchange had its operating license revoked by the country’s Securities and Exchange Commission (SEC) for failing to comply with the system security ...
Inner Mongolia Closure of Crypto Mining Operations Starts to Slow
Inner Mongolia’s policy of closing cryptocurrency mines has slowed dramatically since last Sept. Since then just four have been forced to shut. According to a report from the Inner Mongolia Daily deta...
U.S. crypto exchange giant Coinbase Prime is having issues with SOL transfer operations
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Solana Transactions Are Stopped at Coinbase Prime, Network Fixes Block Operations
Gamza Khanzadaev Solana causes major troubles for Coinbase Prime, transactions stopped The brokerage arm of one of the largest U.S. crypto exchanges, Coinbase Prime, is in trouble with SOL transfer tr...
UPFI Network integrates Chainlink Price Feeds on Solana for stablecoin operations
According to an official announcement on Wednesday, UPFI Network has incorporated Chainlink Price Feeds into the Solana mainnet. Soft-pegged to the U.S. dollar, UPFI is a partly collateralised and par...