Compass Mining, based in the United States, aims to sell $30 million worth of bitcoin mining equipment currently situated in Siberia. The move to sell the mining machines comes after the United States authorities sanctioned bitcoin mining company Bitriver and its 10 subsidiaries. According to a corporate official, Compass is trying to dump 12 megawatts of capacity.
According to a new survey, some locations are drawing the most talent in the crypto business. But with enormous development comes incredible diversity.
The operators of a cryptocurrency wallet that has been sanctioned by the United States continue to sell their cash.
The bill will now go through two more rounds of debate before reaching the president's desk.
Stripe, the payments behemoth, stated on April 22 that a new pilot will increase global disbursements with crypto assets. Stripe's crypto executive Karan Sharma unveiled cryptocurrency payouts for the company's Connect service to a small set of Twitter users, as Twitter is Stripe's first partner.
The central bank of Ukraine has imposed new limitations on foreign transactions, making it impossible for Ukrainians to buy crypto assets overseas using national currency. The sanctions are aimed at reducing financial outflows in the midst of a military standoff with Russia.
Men dominate the crypto business; according to a LinkedIn analysis, 70 percent of new crypto employees between 2018 and 2021 were men.
The most recent cryptocurrency market movements in context for April 22, 2022.
The Helium Network is a crypto-powered network of Internet hotspots that has saved one amateur crabber hundreds of dollars per year on crab pots.
Many observers believe the third-largest bitcoin wallet address is a gigantic whale, according to Crypto4m.com News, which released a report on the speculation around the third-largest bitcoin wallet address five months ago. The article said at the time that the address '1P5ZED' had all of the telltale indicators of being an exchange platform, yet speculators continue to believe and post bizarre theories as to why they believe '1P5ZED' is a large bitcoin whale.