Business
Summary TLDR: Hut 8, a Bitcoin mining company, is closing its Drumheller facility in Canada due to rising energy costs and voltage issues. They are relocating…
Summary TLDR: Binance’s female-targeted ad campaign for International Women’s Day, centered around a perfume called “Eau de Binance,” backfired with many in the crypto community mocking…
Summary BlockFi has reached a settlement with FTX and Alameda Research to potentially recover up to $874 million, benefiting customers impacted by the collapse of these…
Summary BlockFi and FTX have agreed to settle all litigation and disputes, with BlockFi receiving $185.2 million as a customer claim and a total of around…
Summary TLDR: Brave browser’s latest update (1.63) introduces support for Native SegWit Bitcoin wallets in its Brave Wallet, allowing users to send and receive from all…
Summary MicroStrategy is increasing its convertible debt offering to $700 million from $600 million. The company plans to use the proceeds to acquire more bitcoin and…
Summary TLDR: The Arizona State Senate is considering a proposal to encourage state retirement systems to explore including Bitcoin ETFs in their investment portfolios. The proposal…
Summary TLDR: Coinbase experienced technical issues during a surge in Bitcoin price, leading to errors in transactions. This is a common occurrence when Bitcoin rallies. Other…
Summary Grayscale launched a new fund called Grayscale Dynamic Income Fund (GDIF) that aims to stake certain cryptos and distribute earnings back to investors in USD…
Summary Coachella sold NFTs in 2022, but faced setbacks when FTX collapsed. They are now giving NFTs another try with partnerships with OpenSea. NFTs will offer…