Bitcoin Miner Marathon Digital Unfazed by $81.3M Exposure to Bankrupt Data Center

Despite a hefty exposure to the now-bankrupt Compute North, Bitcoin miner Marathon Digital denies any "negative impacts" on operations.

Grayscale Launches Digital Infrastructure Opportunities to Focus on Bitcoin Mining Hardware Investment

Ibukun is a crypto/finance writer interested in passing relevant information, using non-complex words to reach all kinds of audience. Apart from writing, she likes to see movies, cook, and explore...

Decentraland's MANA and Shiba uptake surges year-on-year

Increasing interest in the Metaverse has been seen as a reason for Decentraland native token MANA and memecoin Shiba Inu's outpaced growth on retail trading platform eToro over the past 12...

Lido launches layer-2 Ethereum staking and LDO rewards

One of the biggest Merge staking providers, Lido Finance has launched on two layer-2 networks Arbitrum and Optimism, a move it says further improves accessibility to Ethereum staking while...

Anchorage co-founder to US regulators: ‘What we want is clarity’

Anchorage Digital co-founder and president Diogo Mónica has called for regulatory clarity in the United States, which he said remains muddy due to the politicization of Web3 technology and a lack...

Marathon Digital invested over $30 million in bankrupt Compute North

Bitcoin (BTC) miner Marathon Digital has disclosed it invested $10 million in convertible preferred stock and $21.3 million in unsecured senior promissory notes in bankrupt crypto firm Compute...

Bitcoin Miner Marathon Invested $31.3M in Bankrupt Data Center Compute North

The miner also has about $50 million in security deposits and prepayment to Compute North, for hosting Marathon’s bitcoin miners.

Polygon Announces Their Plans For Security Audit On Twitter

According to the crypto market tracking website CoinMarketCap, Polygon is currently trading at $0.8462 after a 0.70% increase in price over the last 24 hours. In addition to this, the crypto is...

FedEx Shares Likely to Trade in a Range Around $150

By Sam Boughedda Citi analysts told clients in a research memo Wednesday that FedEx shares are likely to trade in a near-term range at around $150. The analysts, who maintained a Neutral rating...

S&P 500 Pares Losses on Energy Rally, Dip-Buying in Tech

By Yasin Ebrahim Investing.com -- The S&P 500 pared some losses Wednesday, driven by rising energy stocks and dip-buying in tech despite Federal Reserve officials pushing back against the idea of...

Antofagasta CEO voices concern about recession hitting copper prices

MEXICO CITY - The chief executive of Chilean miner Antofagasta (LON:ANTO) Plc, Ivan Arriagada, voiced concern on Wednesday that a more recessionary environment could depress copper prices, adding...

What is PoW Ethereum (ETHW), and how does it work?

Ethereum blockchain shifted from a proof-of-work to a proof-of-stake (PoS) consensus mechanism on Sept. 15, 2022. Along with this move, ETHPoW, a distinct PoW blockchain (basically the old...

What is PoW Ethereum (ETHW), and how does it work?

PoW Ethereum or ETHW is a forked version of the Ethereum blockchain created by a Chinese miner after the Merge of the execution and consensus layers.

Polymetal seeks new home as sanctions hamper operations

Anglo-Russian gold miner seeks shift of Jersey domicile to escape Moscow rules on ‘unfriendly’ jurisdictions

Bitcoin Miner Merkle Increases Hashrate by 900% in 8 Months

The miner currently has 140 megawatts of total computing power in its two facilities.

Porsche Shares Drop Below IPO Price Within Days of Making Debut

The sports-car maker's shares traded down as much as 1.8% to €81 on Monday. Porsche debuted at €82.50 on Sept. 29 in Europe’s biggest IPO since miner Glencore Plc raised almost $10 billion in...

BHP lifts steel output forecast on surging demand from renewable power farms

- BHP Group (NYSE:BHP) Ltd lifted its long-term demand forecast for steel as a global shift towards the decarbonisation of power generation will boost requirement of the commodity, the world's...

The best-performing global stocks last week include a gold miner analysts say could jump 50%

The MSCI World index declined around 2.4% for all of last week. Friday capped off a negative month and quarter for all the major averages on Wall Street. Treasury yields also fell back slightly...

SingTel assesses potential cost of Optus Australian data breach

By Sonali Paul MELBOURNE - Singapore Telecommunications said on Monday it was assessing the potential costs of the massive cybersecurity breach at its Optus arm, Australia's second-largest telco,...

China's Sinopec intends to de-list ADSs from London Stock Exchange

- China Petroleum (NYSE:SNP) and Chemical Corp, the world's biggest oil refiner by capacity, said on Monday it intended to de-list its American Depositary Shares (ADSs) trading on the London Stock...

Rio Tinto seeks to oust chairman of Australian uranium unit

Global miner Rio Tinto on Monday called for the resignation of the chairman of its majority owned unit, Energy Resources Of Australia Peter Mansell to address the material cost and schedule...

Rio Tinto calls for resignation of unit's chairman

- Global miner Rio Tinto (NYSE:RIO) on Monday called for the resignation of the chairman of its majority owned unit, Energy Resources Of Australia Peter Mansell as a part of a board...

Rhodium Finally Going Public Following Merger Agreement with SilverSun Technologies

Tolu is a cryptocurrency and blockchain enthusiast based in Lagos. He likes to demystify crypto stories to the bare basics so that anyone anywhere can understand without too much background...

Why Most Public Bitcoin Miners Have Performed Terribly In Their Lifetimes

Bitcoin public mining companies have been struggling along with the rest of the crypto market. With the decline in the price of bitcoin, these companies had seen their cash flow decline, driving...

Suction-dredge gold miner working Idaho river fined $150K

BOISE, Idaho (AP) — A suction-dredge gold miner from California who operated in an Idaho river containing federally protected salmon and steelhead without permits required by the Clean Water Act...

MMG to invest $2 billion at its troubled Peruvian Las Bambas mine

By Marcelo Rochabrun and Marco Aquino LIMA (Reuters) -Chinese miner MMG Ltd expects to invest $2 billion in the next five years to expand its troubled Las Bambas copper mine in Peru and is eyeing...

Bitcoin Miners Suffer As BTC Long Term Holders Profitability Falls To DEC 2018 Bear Market

Bitcoin Miner Balance Decreasing Ever Since The Price Fell below $24.5k, while long-term holders are selling BTC at an average loss of 42%. Miner balance in the Bitcoin industry has experienced...

Porsche Set for Bold Trading Debut After Pricing at Top End

VW is selling shares for 82.50 euros apiece, valuing the company at 75 billion euros. Trading in Frankfurt is set to start later Thursday. “The high level of demand demonstrates investors’...

Why Peabody Energy Jumped Nearly 12% Today

The market has finally started to factor the soaring price of coal into the miner's share price.

Gold, Copper Prices Move Little Amid Growing Economic Jitters

By Ambar Warrick Investing.com-- Gold and copper prices were little changed on Wednesday as the dollar remained pinned to 20-year highs amid growing concerns over a looming economic slowdown. Spot...

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