BTC Miner Iris Energy Cut its Mining Hardware After $108 Mln Loan Default | Curated CoinCodeCap #22 November 2022
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
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Steady Lads, Crypto.com Says They’re Fine!
He who hath named a stadium, shall be the first to go and crypto.com is right behind FTX it seems. As if there’s not enough bad news around, Crypto.com FUD is swirling around social media. Similar to FTX, crypto.com is all about super-aggressive marketing and of course sketchy attitude. As Kris Marszalek, the CEO assured everyone on CNBC (oh boy) that the company is doing fine, the signs are telling otherwise. Oh and for the last nail in the coffin, Changpeng Zhao has warned everyone against a possible FTX-like collapse. With that, if you lose the ability to withdraw assets from crypto.com, maybe Larry David can make a funny episode on Curb Your Enthusiasm. Remember when Matt Damon said “Fortune Favors the Brave” promoting the CRO token on the super bowl ad? Well, CRO is down 40% in one month! Keep Reading »
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Genesis Stops Crypto Lending Following FTX Collapse
The newest indication of the industry fallout following the failure of major crypto exchange FTX last week was the announcement on Wednesday by cryptocurrency broker Genesis that redemptions and new loan originations are being temporarily suspended at its lending business. Keep Reading »
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BTC Miner Iris Energy Cut its Mining Hardware After $108 Mln Loan Default
Sydney-based crypto mining firm Iris Energy states that it is defaulting on a $108 Million loan that will shut down 3.6 EH/s of its mining capacity. In its official statement, Iris Energy added that its mining capacity remains at 2.4 EH/s which includes 1.1 EH/s of hardware in operation and around 1.4 EH/s of rigs in transit/ pending deployment. Keep Reading »
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South Korean authorities freeze Terra’s co-founder Daniel Shin’s $104 million
South Korean authorities probing Terraform Labs have frozen around $104.4 million from co-founder Shin Hyun-Seong based on suspicion of unfair profits. According to local media reports, the Seoul Southern District Court froze the allegedly stolen funds until further investigations are underway. Keep Reading »
NFT Weekly Market Update (Oct 10th — Oct 16th)
Number of Sales showed an overall decrease throughout the week. The Highest of this Metric was recorded on 11th October which was 22.2K. And the Lowest of this Metric was recorded at the end of the week on 16th October which was 14.1K.
RLC Price Analysis November 2022
FIDA Price Analysis November 2022
BCH Price Analysis November 2022
APT Price Analysis November 2022
Top 3 Crypto to Buy the Dip in November 2022
Amid the recent market crash, we have chances that bitcoin might be bottoming out, and hence this can be the last opportunity to grab some of the cryptocurrencies at their lowest. Therefore, here’s a list of the three best crypto assets that you can buy during the dip. Keep Reading »
Top 3 Gaming Crypto To Buy In October 2022
The gaming industry has been growing rapidly, and it’s expected to grow even more. Many crypto projects are targeting this market, and they’re all trying to take their share of the pie. Many cryptocurrencies are dedicated to gaming, and it can be difficult to choose which ones to invest in. The top three gaming cryptocurrencies are AXS, WEMIX, and MANA. Keep Reading »
Top 10 DeFi Tokens to Buy this Month, October 2022
Investing in DeFi tokens can be complicated and time-consuming. But by buying them with BitYard exchange, investors can easily avoid the hassle. The process is quick, and users can start investing in various tokens with just a few clicks. Keep Reading »
Top 5 Metaverse Tokens to Buy in Fall of 2022
A metaverse is a digital world that is created with the use of computer technology. The term has been used to describe everything from virtual reality worlds to mobile phone games. Keep Reading »
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BTC Miner Iris Energy Cut its Mining Hardware After $108 Mln Loan Default | Curated CoinCodeCap #22… was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.
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