Crypto’s first and largest dollar-pegged stablecoin lost its peg amid mounting redemption pressure.
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Kazakhstan Powers Down Bitcoin Miners as Blackouts Roil Central Asia
Don’t expect Kazakhstan Bitcoin miners to be earning any BTC during the final week of January. The state-run Kazakhstan Electricity Grid Operating Company (KEGOC) confirmed to Bloomberg that electricity has been cut off to Bitcoin […]
Bitcoin Firm NYDIG Slashes 110 Jobs Amid Ongoing Crypto Bear Market: Report
Bitcoin services company New York Digital Investment Group (NYDIG) has slashed about a third of its headcount, according to a Thursday report by The Wall Street Journal, citing people familiar with the matter. The workforce cut […]
Anthony Scaramucci Says ‘Take a Chill Pill’ Amid Bitcoin Crash
Anthony Scaramucci, founder of SkyBridge Capital and the former White House communications director, has told people to “take a chill pill” amid Bitcoin’s price crash, per CNBC. “Take a chill pill, stay long Bitcoin, other […]