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Iranian government to cut power supply for the country’s legal crypto mining rigs

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For years, the country has heavily subsidized its electricity production leading to extremely low prices. It claims that this has now become unsustainable.

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Coin Market

Hyperliquid whale holds $38M short against Bitcoin, but does it matter?

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A Hyperliquid whale holds large short positions against Bitcoin and several altcoins. Does the position provide any signal on the markets’ future outcomes?

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Coin Market

US authorities freeze $344M in crypto linked to Iran

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The announced crypto freeze came just one day after Tether said it had frozen $344 million of its USDt stablecoin in response to a request from US law enforcement.

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Coin Market

Bitcoin developer Paul Sztorc announces BTC hard fork called eCash

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The hard fork will introduce a new, competing layer-1 blockchain and seven layer-2 scaling networks, according to Sztorc’s announcement.

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