The embattled crypto lending platform Celsius has kept withdrawals and transfers frozen since June 12 and told the Celsius Network community that the “process will take time.” Since then, Celsius user...
Tag: Sources
Crypto Exchange FTX is Exploring a Robinhood Buyout: Sources
Sam Bankman-Fried (SBF)’s crypto exchange FTX is examining pathways by which it can acquire Robinhood, according to people with knowledge of the matter. As reported by Bloomberg on Monday, FTX is havi...
Goldman Sachs Eyeing Purchase of Celsius Network Assets, Sources Say – crypto.news
Wall Street behemoth Goldman Sachs is looking to raise about $2 billion from investors to purchase digital assets from troubled crypto CeDeFi platform Celsius Network, Wall Street Journal reported, Ju...
Goldman Sachs Leading Investor Group to Buy Celsius Assets: Sources
Goldman Sachs appears to be gauging interest and soliciting commitments from Web3 crypto funds, funds specializing in distressed assets and traditional financial institutions with ample cash on hand, ...
Zendesk Close to Striking Buyout Deal, Sources Say
Zendesk Inc. is close to a deal with a group of buyout firms, according to people familiar with the matter, resurrecting a failed attempt to sell itself in what would be one of the biggest private-equ...
US Senators call on OSTP to restrict PoW mining to zero-carbon energy sources
? Want to work with us? CryptoSlate is hiring for a handful of positions! Five U.S. Senators have sent a letter to the White House’s Office of Science and Technology Policy (OSTP), requesting the enti...
Fanatics is in talks to buy sports betting company Tipico, sources say
Michael Rubin arrives at the 2019 Fanatics Super Bowl Party on Saturday, Feb. 2, 2019, in Atlanta. Paul R. Giunta | Invision | AP Fanatics, the sports merchandising company, is in talks to acquire spo...
Three Arrows Capital Liquidated for Millions, Sources Say Crypto Hedge Fund May Face Insolvency – Bitcoin News
According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known as Three Arrows Capital (3AC) may be facing insolvency after significant liqu...
BlockFi is raising a down round at $1 billion valuation: sources
Crypto financial services firm BlockFi is in the process of closing a down-round — in which funds will be raised at a lower valuation compared to previous raises — according to three sources with know...
Bitcoin Mining: Kenya Offers Renewable Energy Sources to Miners
Bitcoin mining operations may soon be relocating to Kenya. The African country now offers miners a green energy source to achieve their green mining goals. Bitcoin’s energy consumption is often the su...
Crypto exchange FTX quietly shops for brokerage start-ups amid move into stock trading, sources say
Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, on June 5, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images FTX has been on the hunt to buy...
Calb to Tap More Banks for $1.5 Billion Hong Kong IPO, Sources Say
(Bloomberg) — Calb Co., a Chinese battery supplier for electric vehicle makers, has added more banks to arrange its planned Hong Kong initial public offering, which could raise as much as $1.5 b...
UST Meltdown Hasn't Spurred US Financial Stability Council Meeting: Sources
As one of crypto world’s major stablecoins – TerraUSD (UST) – slid toward disaster this week, it hasn’t triggered any meetings of U.S. government officials. Despite the recent federal stance that stab...
Ford is selling 8 million Rivian shares, sources say
Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Ford Motor is selling 8 million of its Rivian Automotive shares, w...
Terror’s Dough Con Planning to Dump Bitcoin to Zero: Sources
Key Takeaways Dough Con wants to dump Bitcoin to zero because he has realized that Terror is destined to fail, anonymous sources have said. Con reportedly enlisted the help of a group of Bored Ape hac...
Uzbekistan Offers Tax Benefits For Crypto Miners Using Renewable Energy Sources
The new presidential decree published on April 27 will cause electricity prices pulled from the standard energy grid to increase by double. The Uzbekistan new law will support the use of solar power i...
SHIB For Gold? Why Crypto Investors Could Look Toward Hard Money Sources
The move to digital currencies such as SHIB has been a swift one, especially in recent times. It has seen the younger, more tech-savvy generation choose crypto investments over traditional investments...
Melvin Capital weighs unwinding current fund to start new one: Sources
Gabe Plotkin, chief investment officer and portfolio manager of Melvin Capital Management LP, speaks during the Sohn Investment Conference in New York, May 6, 2019. Alex Flynn | Bloomberg | Getty Imag...
Marathon Digital relocate the Montana BTC mine to use sustainable power sources
The Nevada-based firm plans to relocate its coal-fired Hardin, Montana business to a location that uses non-carbon emitting energy sources. The move is intended to assist the corporation in meeting it...
Marathon Digital to relocate Bitcoin mining facility to carbon neutral energy sources
Bitcoin miner Marathon Digital Holdings plans to relocate its coal-powered Hardin mining facility in the US state of Montana to a more sustainable location. This is part of its efforts to reduce its c...
Terra’s Do Kwon Planning to Dump Bitcoin to Zero: Sources
Key Takeaways Do Kwon wants to dump Bitcoin to zero because he has realized that Terra is destined to fail, anonymous sources have said. Kwon enlisted the help of a group of Bored Ape hackers and 0xSi...
Nvidia and Intel Further Sources for the Tech Rally
Chip makers led a big tech rally catapulting the Nasdaq 100 futures to its six-week high above 14,800 points. As observers of financial market news that the demand is based on giant cap stocks like Ap...
Britain to reveal stablecoin regulation plans, sources say
A visual representation of Bitcoin. Edward Smith | Getty Images LONDON — The U.K. government will soon reveal plans to regulate the cryptocurrency market, focusing on a fast-growing type of token know...
Examining Germany’s Post-Russia Path For Energy Sources
Emily Pickrell, UH Energy Scholar BERNAU, GERMANY – MAY 31: Wind turbines producing electricity spin on May 31, 2021 near Bernau, … [+] Germany. While the number of new installed turbines ...
Proposal Limiting Proof-of-Work Is Rejected in EU Parliament Committee Vote: Sources
“5. By 1 January 2025, the Commission shall present to the European Parliament and to the Council, as appropriate, a legislative proposal to amend Regulation (EU) 2020/852, in accordance with Article ...
Starlink won’t give in to requests for censoring Russian News Sources: says Elon Musk
SpaceX and Tesla CEO Elon Musk said that they had been asked by some governments to block Russian news sources. Although he refused to do so. Starlink service was recently activated in Ukraine after t...
Elon Musk Says Starlink Will Not Censor Russian News Sources Despite Government Requests – Featured Bitcoin News
Spacex CEO Elon Musk says that Starlink has been told by some governments to block Russian news sources. However, he affirmed, “We will not do so unless at gunpoint.” Elon Musk Refuses to Censor Russi...
SEC Smells Something Fishy About The NFT Market And Is Launching A Probe, Sources Say
In recent months, US Securities and Exchange Commission legal counsels have issued summons to the NFT market creators and other crypto exchanges, seeking additional information about their projects. T...
BlackRock Planning to Offer Crypto Trading, Sources Say
One of the people said BlackRock will allow its clients – which include public pension schemes, endowments and sovereign wealth funds – to trade cryptocurrency through Aladdin (short for “Asset, Liabi...
House and Senate hearings on stablecoins will spotlight official behind Treasury report: sources
Hearings on stablecoins before both the House and Senate in the next two weeks are scheduled to feature just one witness: The Treasury official spearheading recent work on stablecoins, sources tell Th...
46% Bitcoin miners employ renewable energy sources to mine Bitcoin: BMC
Bitcoin Mining Council (BMC), recently announced the results from its quarter fourth survey highlighting how Bitcoin mining is steadily adopting sustainable power usage. As per the latest Q4 survey re...