A report cites a restructuring deck where Babel details unhedged ‘risky’ trading practices leading to mass liquidations which require massive debt to recover.
A Canaan executive detailed the success of its pilot mining operations in Kazakhstan and shared plans to expand its operations to the U.S. in an interview.
Three senators chastised Fidelity for offering a bitcoin 401(k) option claiming it is too volatile and untested to be used as a retirement savings tool.
The firm will provide domestic and international logistic solutions for the acquisition and delivery of bitcoin mining infrastructure with a streamlined process.
The FOMC increased interest rates by 0.75 percentage point while indicating ‘unusually large’ hikes may be appropriate in future meetings; Bitcoin’s price jumps.
The joint venture by Japan’s largest investment bank Nomura, CoinShares and Ledger will offer institutional services for bitcoin and other digital assets.
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