The new fund was formed during a lull in the cryptocurrency market, with the largest assets like bitcoin and ethereum shedding over 70% of their value since the fourth quarter of 2021. More speculative assets that focus on decentralized finance (DeFi) and Web3 have been hit even harder,...
Compass will host about 9,000 Antminer S19 XP and S19j Pro units at the facility on behalf of its clients starting in the fourth quarter of this year, according to a statement. Aspen Creek’s Texas facility has a total of 30MW worth of mining capacity, making Compass the...
Ethereum’s incumbent rollup networks cannot currently claim that they “borrow” Ethereum’s security. Valid Points is CoinDesk’s weekly newsletter that breaks down Ethereum’s evolution and its impact on crypto markets. Team Valhalla
Decentralized autonomous organization (DAO) Merit Circle has voted to burn $169 million worth of its native token. Team Valhalla
The police has managed to seize and store up hundreds of millions of pounds worth of cryptocurrency, but welcomes new measures to ease seizures of crypto linked to crime and terrorism. Team Valhalla
While, legally, the commission isn’t obliged to comply with lawmakers' wishes, “if there is a strong political indication or wish for an initiative, that may move the Commission into presenting it,” Kerstens said. “If we don't act on it, we'll have a lot of explaining to do, and...