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Troubled Data Center Compute North Struggled With Crypto Winter. Then Its Relationship With a Major Lender Soured

Troubled Data Center Compute North Struggled With Crypto Winter. Then Its Relationship With a Major Lender Soured

In July, the lender asserted several “technical events of default,” which led to taking control of Compute North assets. Generate Capital exercised its voting rights to take over Compute North subsidiary that owned the two bitcoin mining sites the...

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IRS to summon users who don’t report and pay tax on crypto transactions

IRS to summon users who don’t report and pay tax on crypto transactions

With the crypto community growing bigger and as trading volumes reach new highs, the United States is also making more effort to ensure that its Internal Revenue Service (IRS) could properly collect cryptocurrency tax.  U.S. Attorney Damian Williams, Deputy...

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Crypto exchange WhiteBIT is now available through XTRD’s FIX API

Crypto exchange WhiteBIT is now available through XTRD’s FIX API

XTRD, an institutional-grade OEMS for crypto-asset trading, announced today that crypto exchange WhiteBIT is now available through its FIX API. XTRD OEMS for cryptocurrency trading now allows for receiving normalized market data and active trading on WhiteBIT’s exchange using...

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World’s Largest ASIC Producer Bitmain Slashes Antminer Bitcoin Mining Rig Prices – Mining Bitcoin News

World’s Largest ASIC Producer Bitmain Slashes Antminer Bitcoin Mining Rig Prices – Mining Bitcoin News

The world’s largest producer of application-specific integrated circuit (ASIC) bitcoin miners, Bitmain Technologies, has revealed the company is offering a discount on Antminer S19 Pro mining rigs. The 100 terahash per second (TH/s) machine is selling for $19 per...

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Draft US stablecoin bill would ban new algo stablecoins for 2 years

Draft US stablecoin bill would ban new algo stablecoins for 2 years

Draft legislation in the United States House of Representatives would place a two-year ban on new algorithmic stablecoins such as TerraClassicUSD (USTC) which de-pegged from the US dollar earlier this year causing widespread crypto market contagion. The bill would...

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