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CRYPTO MINING
Hut 8 signs $9.8 billion AI data centre lease, fully commercialises Texas campusHut 8 signed a second 15-year lease worth $9.8 billion. This agreement fully commercialises their 1-gigawatt Beacon Point campus in Texas. ...- ITR filing: How Bitcoin, NFTs, airdrops, gifted crypto, and overseas wallets are taxed in India and how to report themIndia's virtual digital asset taxation remains among the world's toughest. Investors face a flat thirty percent tax on gains and one percen...
- Strategy bitcoin sales shine light on faltering crypto hoarding companiesCrypto treasury firms face mounting pressure as falling bitcoin prices erode valuations and investor confidence. Strategy’s fresh sales pla...
- Donald Trump's son bet big on Bitcoin, lost $600 million from family fortuneAmerican Bitcoin, though, stuck with its crypto strategy and has seen its shares slump more than 95% from their peak. That’s erased more th...
- Bitcoin miner and AI firm Ionic Digital files for Nasdaq direct listingThe company was formed in January 2024 to acquire the cryptocurrency mining assets of Celsius Mining, a subsidiary of Celsius, which recei...
- Supply crunch lifts stablecoin premium above 8.5% in IndiaIndia is facing a significant shortage of stablecoins like USDT, causing its price to surge locally. This premium, usually modest, has ball...
- Power sector stocks regain momentum on rising electricity demand and strong investment cycleRising electricity demand and a strong investment cycle lift outlook for power companies.
- Regulatory minefield: ED enters the crypt, waking up the ghosts for Crypto IncIndia's crypto sector faces a new crisis as the Enforcement Directorate probes four firms for unauthorized foreign money transfers using di...
- The crypto-treasury dream unravels after a 90% stock plungeReserveOne had agreed to combine with M3-Brigade Acquisition V Corp., a special-purpose acquisition company, or SPAC, whose sole purpose is...
- Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
- FIFA World Cup fever fuels cyber scamsCybercriminals are exploiting the FIFA World Cup, creating thousands of fake ticket portals, merchandise stores, and streaming sites to sca...
- Tether to launch 'official' stablecoin in Georgia, with government supportTether, a major stablecoin issuer, is set to launch a digital token for the Georgian lari. This move has the backing of Georgia's governmen...
- Why West’s crypto rules matter for East’s financial futureThe US CLARITY Act addressing legal uncertainty will shape global crypto regulation. Eastern hubs like the UAE and Singapore are moving ahe...
- What is crypto mining?Crypto mining or for cryptocurrency mining, particularly in Proof-of-Work systems, is energy-intensive due to the computational power requi...
- Smartkarma Research: Crypto mining industry series: Time to focus on efficient crypto minersIn July, crypto assets bottomed and stabilized after heavy losses, but we think crypto winter is here to stay. Therefore, we model an avera...
- Kosovo seizes hundreds of cryptocurrency mining devicesTensions between the Serb-majority area and the ethnic Albanian majority government are running high and Kosovo's government on Tuesday bro...
- Hackers are using Cloud accounts for crypto mining, Google issues warningGoogle reported that 50 recent hacks of its cloud service were used to practice crypto mining.
- China crypto mining ban triggers exodus, bitcoin rigs sell like scrapThe China crypto mining ban may see up to 90% of all mining in the country go offline, according to an estimate, paralysing an industry tha...
- China's crypto crackdown speeds shift to central Asia, North America miningChina's central government vowed to clamp down on bitcoin mining and trading on Friday, causing some miners to halt all or part of their op...
- Crypto miners halt China business after crackdown, bitcoin tumblesBitcoin took a beating after China's crypto-mining ban and is now down nearly 50% from it's all-time high. The latest shakeout in digital c...
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