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Bitcoin mining infrastructure firm Compute North raises $385 million in equity and debt funding

Bitcoin mining infrastructure firm Compute North raises $385 million in equity and debt funding

Compute North, a bitcoin mining infrastructure firm, has raised $385 million in equity and debt funding.

The post Bitcoin mining infrastructure firm Compute North raises $385 million in equity and debt funding appeared first on The Block.

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Russia set to recognize crypto as a form of currency: report

Authorities in Russia are set to recognize digital assets as a form of currency, according to local news reports.

The post Russia set to recognize crypto as a form of currency: report appeared first on The Block.

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Polychain and Coinbase vet Sam Rosenblum joins KRH Partners

Newly-launched crypto venture firm KRH Partners has found a new partner in Polychain Capital and Coinbase alum Sam Rosenblum.

The post Polychain and Coinbase vet Sam Rosenblum joins KRH Partners appeared first on The Block.

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Web traffic to crypto exchanges fell 8% month-over-month in January

Reasons for the downward trend in crypto exchange web traffic could be the months long crypto bear market, which did not affect NFTs.

The post Web traffic to crypto exchanges fell 8% month-over-month in January appeared first on The Block.

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Here’s how El Salvador is trying to improve the Chivo Wallet

Following issues with its Chivo Wallet, El Salvador’s government has brought on at least two U.S.-based companies to help improve the app.

The post Here’s how El Salvador is trying to improve the Chivo Wallet appeared first on The Block.

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In today’s House hearing, Congress rejects Treasury’s proposed stablecoin regime

The biggest takeaway was likely the prevailing bipartisanship in opposition to major banks, which played strongly in favor of the crypto industry today. 

The post In today’s House hearing, Congress rejects Treasury’s proposed stablecoin regime appeared first on The Block.

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Wife of couple accused of $4.5 billion Bitcoin swindle gave advice on cybersecurity, social engineering

One of the two partners accused of laundering $4.5 billion of Bitcoin had provided advice on cybersecurity and social engineering.

The post Wife of couple accused of $4.5 billion Bitcoin swindle gave advice on cybersecurity, social engineering appeared first on The Block.

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Sotheby’s to auction off one lot of 104 CryptoPunks in its first live NFT auction

The CryptoPunks sale will occur in New York on February 23, 2022 at 7:00 PM EST, marking Sotheby’s first live evening NFT auction.

The post Sotheby’s to auction off one lot of 104 CryptoPunks in its first live NFT auction appeared first on The Block.

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An overview of new Bitcoin mining power capacities in the Americas

Quick Take

  • Apart from the multi-billion-dollar miner investments, Bitcoin mining companies have initiated a massive build-out for new power capacities. 
  • A significant portion of the known infrastructure in the pipelines is taking place in the U.S, particularly in the state of Texas.
  • In this piece, we take a further look at the construction under development of major mining companies and how they strategize the future growth across the Americas.

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Treasury official behind stablecoin report to testify at Senate hearing next week

The Treasury’s Under Secretary for Domestic Finance Nellie Liang is slated to testify, confirming a previous report by The Block.

The post Treasury official behind stablecoin report to testify at Senate hearing next week appeared first on The Block.

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