USD

For USD 1.2 million debt, company loses Bitcoin mining facility

For USD 1.2 million debt, company loses Bitcoin mining facility

Key facts: According to Compass Mining, they did pay what was owed. Dynamics rejects it. Compass Mining CEO says he will fight in court. Compass Mining, a Bitcoin mining company, lost its stake in a pair of mining facilities in the United States (USA), after the owner of these, Dynamics Mining, canceled the agreement that …

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SEC Expands Investigation into Terraform; Do Kwon would have withdrawn USD $80M from LUNA and UST every month – DiarioBitcoin

Texas could raise funds through NFT and harness 'abundant' energy to mine Bitcoin

By Hannah Perez US regulators are investigating whether Terraform Labs violated the investor protection with UST marketing. *** The SEC was already investigating Terra for its Mirror protocol. The regulator expands its efforts in the wake of the collapse of UST. Kwon allegedly funneled $80 million from Terra into his own wallet every month. legal …

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Bitcoin mining goes four weeks without exceeding USD 30 million in rewards

chart shows decline in daily dollar earnings earned by bitcoin miners

Key facts: The cryptocurrency market has exerted a great influence on the earnings of miners. The highest point of daily revenue generated in the last year exceeded USD 70 million. Daily Bitcoin mining earnings related to mined block rewards have been stuck below $30 million for the last four weeks. According to data provided by …

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Will DAI go the way of Terra USD? Vitalik Buterin thinks not and explains why

Will DAI go the way of Terra USD?  Vitalik Buterin thinks not and explains why

Key facts: For Buterin, a stablecoin that generates a 20% annual return looks like a Ponzi. Just because a stablecoin passes some tests doesn’t mean it’s safe, says Buterin. The cryptocurrency world was shaken by the recent drop in terraUSD (UST). This was a Terra network token designed to be a stablecoin and always trade …

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Tron has already launched its stablecoin and it looks very similar to terra USD

USDD tweet is the decentralized algorithmic stablecoin based on Tron.

The range of stablecoins or stable cryptocurrencies has recently added a new alternative. Is about Decentralized USD (USDD) or “decentralized USD”, a cryptocurrency of the Tron network that has parity with the US dollar and is based on an algorithm for its issuance. As CriptoNoticias reported in April, this Tron stablecoin focuses on decentralization, as …

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The LUNA and Terra USD network has been paralyzed

moon market quote

Key facts: Terra cryptocurrencies are still trading on some centralized exchanges. The decision was made after a massive issuance of LUNA, in order to prevent governance attacks. The Terra network, where the terra (LUNA) and terra USD (UST) cryptocurrencies are processed, was paralyzed minutes ago, at block 7,603,700. The event occurred, as reported by Terra …

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Terra USD will be collateralized: the recovery plan announced by its developer

"Underwater" Miners: How Does Liquid Cooling Help Bitcoin Mining?

Key facts: An attempt will be made to absorb the offer of the cryptocurrency, which will have a collateral. This will entail a “high cost” for Terra USD and LUNA holders, Do Kwon said. Do Kwon, lead developer of Terra USD (UST), the eponymous network’s stablecoin, stated that the cryptocurrency will move from being based …

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Authorities in the US accuse CEO of crypto mining company for scams estimated at USD $62 million – DiarioBitcoin

US authorities capture nuclear engineer after receiving cryptocurrencies for the sale of secret plans - DiarioBitcoin

For Angel Di Matteo @shadowargel The company operated a pyramid scheme in which the funds were diverted to the accounts of the directors, who took advantage of the capital to support their tastes and pleasures. The authorities warn that this type of scam is very common, and they invite potential investors to be very attentive …

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Ethereum with commissions less than USD 0.05: Vitalik Buterin insists on an idea from 2017

Vitalik buterin gives his opinion on the ideal cost of commissions in ethereum

The co-founder of Ethereum, Vitalik Buterin, spoke about rollups, second layer solutions that reduce the commissions paid for operating on the network. Regarding the commissions when using these instruments, he opined that “they need to reach USD 0.05 to be really acceptable”, although he remarked that “great progress is being made”. The Russian-Canadian developer expressed …

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