BTC Miner Iris Energy Cut its Mining Hardware After $108 Mln Loan Default
Iris states its mining capacity remains at 2.4 EH/s which includes 1.1 EH/s of hardware in operation and around1.4 EH/s of rigs in transit or pending deployment.
Saniya
Other top stories
All stories
Latest first
FTX-Owned Crypto Exchange Liquid Pauses All Trading
Liquid stated that they had been instructed by the S&C, who act for FTX Trading, to pause all trading due to the Chapter 11 bankruptcy proceedings
Crypto investment firm Sino Global admits exposure to bankrupt FTX
Sino Global stated that its "direct exposure to FTX was confined to mid-seven figures held in custody."
South Korean authorities freeze Terra’s co-founder Daniel Shin’s $104 million
Shin is accused of allegedly making unfair profits from issuing in-house tokens LUNA and TerraUSD and also faces charges of breach of duty.
FTX bankruptcy filing reveals jarring details of mismanagement
Sam Bankman-Fried received a $1 billion personal loan from Alameda Research before it went bankrupt.
Temasek writes off $275 mln funding in FTX, says found no red flags during due diligence
Key Takeaways Singapore’s state investment fund Temasek had stated it had written off its entire $275 million investment in bankrupt crypto exchange FTX. “In view of FTX’s financial position, we have decided to write down our full investment in FTX,…
US Banks partner with Federal Reserve to launch a digital dollar pilot project
Citigroup, HSBC, BNY Mellon and, Wells Fargo, Mastercard are participating in the project.
BlockFi likely to file for bankruptcy after FTX exposure
BlockFi has admitted to having "significant exposure to FTX and associated corporate entities.
Turkish authorities announces probe into bankrupt FTX
Turkey's Financial Crimes Investigation Agency will investigate people and institutions related to the platform: banks, electronic money institutions, and crypto-asset providers.
Kraken freezes accounts linked to bankrupt FTX and Alameda Research
Kraken stated the accounts were frozen "to protect their creditors" while emphasizing that it "maintains full reserves."