CleanSpark To Restore 165MW Following Hurricane Helene
CleanSpark, a Bitcoin mining company based in the United States, has stated that it is still restoring electricity to all its facilities after Hurricane Helene. Millions of homes and businesses are still without power, and at least 137 individuals have died as a result of the catastrophic category 4 hurricane. Additionally, numerous individuals are still […]
Gemini to Shut Down Customer Accounts in Canada
According to Gemini, Canadian users have 90 days to withdraw their funds before the closure of all accounts by the end of the year. Gemini , the cryptocurrency exchange founded by the Winklevoss brothers, intends to terminate all client accounts in Canada by the conclusion of 2024. Gemini informed Canadian users Of the Shutdown Gemini […]
Ethereum Transaction Fees Shoots 498% in Two Weeks
There was a 498% increase in Ethereum Transaction fees in conjunction with an increase in Ethereum network activity. Will the price of Ether adjust? Coinbase has reported that Ethereum transaction fees have increased substantially in the past two weeks due to increased onchain activity. The average Ethereum gas fees between Sept. 16 and Sept. 26 […]
Hive Digital Shifts From Crypto Mining to AI data Centers
Hive Digital has proposed a strategy to address the increasing demand for AI computation while strengthening its balance sheet through green-mined Bitcoin. In 2022, Hive Digital , a crypto miner, was required to modify its business model as Ethereum transitioned from a proof-of-work to a proof-of-stake mechanism. The new purpose of its Nvidia graphic processing […]
Fed Appeals Court Reopen AT&T $24M Crypto Hack Lawsuit
The appeals court reinstated the $24M crypto hack claim of an AT&T customer under the Federal Communications Act following a SIM exchange hack. A panel of the Ninth Circuit Court of Appeals has reinstated a major claim in the lawsuits initiated by cryptocurrency investor Michael Terpin against AT&T . Terpin alleges that AT&T allowed hackers […]