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Compass Mining loses facility after allegedly failing to pay power bill
The facility owner Dynamics Mining publicly took to Twitter to share the letter terminating its hosting agreement with Compass Mining, saying it had unpaid bills.
CoinFLEX recovery plan includes tokenized bad debt and more yields
The crypto lender issued a no-liquidation account to an unnamed whale on the condition that the account would never go negative, but that plan has backfired.
Crypto community confused as Celsius continues with weekly rewards
Some Twitter users have called it “insulting” that Celsius continues to pay weekly rewards despite still pausing withdrawals.
Unizen 'CeDeFi' smart exchange secures $200M investment from GEM
The alternative investment group is banking on the “CeDeFi exchange” to shape the “future of finance” with a commitment that will bolster Unizen’s ecosystem.
Community reacts after SEC’s Gensler affirms BTC’s commodity status
Gensler said he saw many crypto assets having attributes of a security, adding that Bitcoin is the only crypto he was comfortable publicly labeling as a commodity.
Harmony hacker sends stolen funds to Tornado Cash mixer
The exploiter seems to have rejected the Harmony team’s bounty offer of $1 million to return the $100 million stolen from the Horizon Bridge token bridge.
Institutional crypto asset products saw record weekly outflows of $423M
Canadian investors represented a hefty $487.5 million worth of outflows for crypto investment products, with the figure partially offset by $70 million worth of inflows from five other countries.
First In History: Bitcoin Mayer Multiple Records Lower Value Than Last Cycle’s Low
The Bitcoin Mayer Multiple has recently sunk to a lower value than the bottom of the previous cycle. This is the first time in the history of the metric that such a trend has formed.
Current Bitcoin Cycle’s Mayer Multiple Low Is Deeper Than Last Cycl...
Central African Republic president launches crypto initiative following Bitcoin adoption
The Sango project’s plans include building a "legal crypto hub", expanding adoption of Bitcoin, and creating a “crypto island” — a special economic zone in the metaverse.
Crypto exchange FTX is looking into acquiring Robinhood: Report
Robinhood, a discount brokerage that popularized crypto trading among mainstream users, has fallen on hard times.