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City Coin News

UK to introduce comprehensive crypto regulations in 2025 as global competition heats up

The UK is set to unveil a comprehensive crypto regulatory framework in early 2025, with plans to address oversight challenges... Read more

Posted by cryptoslate.com 19 hours ago

This Wall Street Bitcoin Miner Buys 11,500 New Rigs, While BTC Approaches $100,000

The publicly listed Bitcoin miner from Wall Street, HIVE Digital Technologies (NASDAQ:HIVE) announced today (Thursday) a significant expansion of its BTC mining capabilities,... Read more

Posted by financemagnates.com 2 days ago

Pompliano pushes for $250B Bitcoin reserve: Will BTC soar to $1M?

Bitcoin's scarcity sparks urgency among nations for adoption.... Read more

Posted by ambcrypto.com 2 days ago

‘Cowardly Path’ Leads to Redemption: Former FTX Exec Gary Wang Skates on Prison Sentence

Inner City Press reports that the former FTX executive Gary Wang, who admitted to creating the code enabling Sam Bankman-Fried... Read more

Posted by bitcoin.com 3 days ago

FTX co-founder Gary Wang sentenced to ‘time served’ as FTX criminal cases end

Gary Wang, co-founder and former chief technology officer of crypto exchange FTX, was sentenced to time served with no additional... Read more

Posted by cryptoslate.com 3 days ago

Canaan Expands North American Bitcoin Mining Operations, Secures Order From Hive

Canaan Inc., a publicly listed manufacturer of bitcoin (BTC) mining hardware and blockchain infrastructure provider, has shared plans to broaden... Read more

Posted by bitcoin.com 3 days ago

Russia to restrict crypto mining in 13 regions to save electricity

If approved, the restrictions would seriously affect Russia’s crypto mining operations, as some key local industry firms have a heavy... Read more

Posted by cointelegraph.com 3 days ago

Russia plans to restrict crypto mining in 13 regions to save electricity

If approved, the restrictions would seriously affect Russia’s crypto mining operations, as some key local industry firms have a heavy... Read more

Posted by cointelegraph.com 3 days ago

Wall Street Miner Canaan Raises $30 Million, Sees 121% Revenue Increase in Q3 2024

Canaan Inc. (NASDAQ: CAN), a provider of computing solutions, has made progress in several areas, including securing investments, expanding its product offerings,... Read more

Posted by financemagnates.com 3 days ago

13 Regions Face Crypto Mining Ban Under Russia’s New Energy Policies

Russia’s governmental commission on electricity development approved cryptocurrency mining restrictions on Monday, set to take effect on Dec. 1 with... Read more

Posted by bitcoin.com 3 days ago

South Korean city of Paju to sell seized crypto assets from tax evaders to recover unpaid dues

Tax payers in South Korea will have their crypto holdings liquidated if they fail to pay tax dues.... Read more

Posted by invezz.com 5 days ago

South Korean city threatens to sell crypto of tax debtors

Paju city officials in South Korea target citizens with unpaid taxes, threatening to seize and sell their crypto assets if... Read more

Posted by cointelegraph.com 5 days ago

Even Top Wall Street Bitcoin Miners Cannot Stay Profitable Despite Soaring Hashrate

Three major publicly listed Bitcoin miners from Wall Street reported net losses in their third-quarter results, despite significant revenue growth and operational expansions... Read more

Posted by financemagnates.com a week ago

This Bitcoin Miner from Wall Street Bets High on Bitcoin $90K ATH, Securing $100M Credit

Is Bitcoin's new all-time high (ATH) of $90,000 the right moment to secure a $100 million credit line? If you're a Bitcoin... Read more

Posted by financemagnates.com 2 weeks ago

Hive Digital buys 6,500 ASICs, starts Paraguay construction

Hive Digital converted some of its capacity to AI after the Ethereum Merger, and now it is upgrading its Bitcoin... Read more

Posted by cointelegraph.com 2 weeks ago

This Wall Street Bitcoin Miner Orders 6,500 Canaan Machines in $100M Paraguay Push

The publicly listed Bitcoin miner from Wall Street, HIVE Digital Technologies Ltd. (NASDAQ:HIVE), is significantly expanding its BTC production capabilities through a substantial... Read more

Posted by financemagnates.com 2 weeks ago

Hive Digital Reports Slight Rise in Bitcoin Output Amidst Capacity Goals

Bitcoin miner Hive Digital reported modest growth in bitcoin production for October, while advancing its mining capacity and infrastructure. Hive... Read more

Posted by bitcoin.com 2 weeks ago