Marathon Q2 Bitcoin production down 44% as fleet remains crippled
Marathon had a particularly rough production month in June after 75% of its fleet went down. It's still uncertain when its mining facilities will be able to come back online.…
Reddit announces new blockchain-backed ‘Collectible Avatars’
The company said that the project is set to utilize the Polygon (MATIC) blockchain for decentralized trading and third-party sales. Content aggregation, ranking, and discussion website Reddit announced a new…
FDIC reportedly scrutinizing Voyager Digital marketing; complex SBF ties come to light
Some Voyager Digital customers did not understand the scope of FDIC protection for their deposits, leading to questions about the firm’s marketing. Some Voyager Digital account holders were surprised when…
VC firm Konvoy launches new $150M fund, eyes blockchain-based games
Gaming venture capital firm Konvoy launches new $150 million fund, with a portion set to be invested in cryptocurrency and blockchain-based games. Venture capital firm Konvoy Ventures is set to…
US Treasury issues framework addressing engagement on crypto with foreign regulators
The Treasury report was required under President Joe Biden’s executive order on digital assets issued in March. The United States Department of the Treasury has delivered to President Joe Biden…
Survey shows 55% of crypto investors chose to HODL as Bitcoin and altcoin prices collapsed
Retail investors have been wary of buying the current BTC dip, but survey data shows that 55% of those already invested in crypto chose to HODL during the most recent…
Bitcoin miners sell their hodlings, and ASIC prices keep dropping — What’s next for the industry?
Beset with multiple challenges, Bitcoin miners continue to liquidate their reserves, and a handful are selling more BTC per month than they make, but is there a silver lining? Crypto…
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