BTC Mining Hash Rate Soars 82% YOY – What It Means For You
Overview of Bitcoin Mining from Public Companies • The hash rate share of the top public mining companies has increased from 23.93 EH/s to 56.98 EH/s (an 82% YoY increase).…
Mt. Gox Creditors Opt for Bitcoin Payment, 90% of Funds Guaranteed
• Two largest creditors of Mt. Gox, the now-defunct cryptocurrency exchange that got hacked in 2014, have chosen an early lump sum payment option that will not require a selloff…
Paxos Refutes Bank Charter Rejection Rumors: All You Need To Know
• Paxos denied rumors of a bank charter rejection from the Office of the Comptroller of the Currency (OCC). • Paxos received OCC preliminary approval in April 2021 and is…
Binance Terminates WazirX Wallet Services, Requests Funds Withdrawal
Summary Binance has asked WazirX’s operator Zanmai Labs to withdraw funds stored in Binance wallets. Binance accused Zanmai of misrepresenting the relationship between both firms to the public. WazirX has…