Iris Energy, an Australian Bitcoin mining company, is the most recent victim of the crypto bear market pressure, losing a sizeable portion of its mining capacity after defaulting on a loan. According to a document submitted by the company to the...
The pressure on Bitcoin miners has never been higher as of Nov. 22, when BTC prices hit a fresh bear cycle low. Charles Edwards, the founder of Capriole Fund, saw that Bitcoin miners were selling aggressively on November 21. The sell-off...
Nowadays, some remote employees are taking unpaid time off from the headquarters of their companies, and managers are noticing. Since those who worked from home were found to be just as productive, the epidemic called into question the notion that the...
The company is considering the possibility of selling and recapitalizing some of its subsidiaries in the next weeks, according to the new CEO of the bankrupt cryptocurrency exchange FTX. A review of the firm’s linked companies, according to John J. Ray,...
According to new study from Kaiko, the so-called “Alameda Gap” in cryptocurrency liquidity on centralized exchanges is beginning to narrow owing to Binance. Early this month, Alameda Research, the hedge fund division of Sam Bankman-since-defunct Fried’s FTX, stopped trading, which resulted...