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Bitfarms Ltd. Announces Major Upgrade In Bitcoin Mining Operations![img](/img/external-link.svg)
The firm purchase order of 35,888 Bitmain T21 miners, with deliveries slated for the first half of 2024. Priced at $2,660 per unit, these miners represent the pinnacle of mining technology.
Bitcoin mining manufacturer can’t pay staff – report![img](/img/external-link.svg)
Beijing-based Bitmain has stopped paying salaries for September and beyond, local media reports. The company has reportedly cut some staff, reduced all ‘bonuses and incentives’ and still has not paid remuneration due.
Bitmain reportedly suspended employee salaries from September![img](/img/external-link.svg)
Bitmain, one of the world’s largest Bitcoin application-specific integrated circuit (ASIC) manufacturers, has suspended employee salary payments from September. JPMorgan Chase, which kicks off earnings for big U.S. lenders on Friday, will set the tone for large banks.
Celsius bankruptcy judge authorizes discount sale of Bitmain coupons![img](/img/external-link.svg)
The debtors for Celsius Network have acquired a courtroom ruling authorizing them to promote, at a considerable low cost, coupons for mining agency Bitmain.
Ethereum Testnet Processes First ETH Staking Withdrawals![img](/img/external-link.svg)
U.S. Securities and Exchange Commission did not attempt to consult with the crypto industry before launching this week’s unregistered securities crackdown. Surojit Chatterjee, who served as the chief product officer for cryptocurrency exchange Coinbase, has joined venture capital firm Andreessen Horowitz as an executive in residence for its crypto unit. Bankrupt crypto lender is hoping to raise $14 million by selling discount vouchers for mining company Bitmain.
Crypto Exchange Bitstamp Registers in France![img](/img/external-link.svg)
The Securities and Exchange Commission announced a $30 million settlement with Kraken over their staking-as-a-service program. Bankrupt crypto lender Celsius Network is hoping to raise more than $14 million by selling discount vouchers for mining company Bitmain. A popular song released by Rihanna offered as a non-fungible token through a Web3 music startup.
Uniswap DAO Approves Boba Network Deployment in Latest Community Vote![img](/img/external-link.svg)
Decentralized gaming platform Ajuna Network has raised $5 million in a new private funding round. Microsoft has ended a project that aimed to encourage the use of the metaverse in industrial environments. Bankrupt crypto lender Celsius is hoping to raise more than $14 million by selling discount vouchers for Bitmain.
Albany State University Student’s Design Featured in Target Stores![img](/img/external-link.svg)
GA Global Partners is now accepting bids for a live online webcast auction on February 8th of over 400 Bitmain Antminer bitcoin mining machines and related support equipment from a recently closed crypto mining farm in Albany, Georgia. AMA Art Ball: Laissez Les Bons Temps Rouler presented by Albany Motorcars Mercedes-Benz and BMW of Albany.
Circle Spokesperson Denies Blaming SEC for Failed $9 billion deal![img](/img/external-link.svg)
Philippines SEC seeks to bring cryptocurrencies under its scope. Charity Commission investigating Effective Ventures Foundation over ties to FTX. Core Scientific seeks to sell $6.6 million in Bitmain coupons.
Keep an eye out for major company NFT trademark filings this year![img](/img/external-link.svg)
Core Scientific files motion to sell over $6M in Bitmain coupons. Osprey Funds sues Grayscale for misrepresenting likelihood of GBTC ETF approval. South Korea to deploy cryptocurrency tracking system in 2023.
Bitcoin miner Hut 8 takes stoush with Ontario power supplier to court![img](/img/external-link.svg)
Bitcoin (BTC) has rallied nearly 40% so far in January. Core Scientific filed an emergency motion on Jan. 25, seeking to sell Bitmain coupons worth $6.6 million.
Porsche NFT trading volume nears $5M despite launch woes, minting halt![img](/img/external-link.svg)
A&T Capital launches the 'Web3 Trends 2023' report. Core Scientific filed an emergency motion on Jan. 25, seeking to sell Bitmain coupons worth $6.6 million. Bitcoin (BTC) price gained 8% this week, stabilizing near the $23,100 level.
Advanced analytics key to fighting unemployment insurance fraud![img](/img/external-link.svg)
Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company's staff. Matrixport’s COO, Cynthia Wu, cited a “shift in the regulatory climate” and “industry-wide capitulations” as reasons for the layoffs.
Hong Kong Firm With Ties to Bitmain Reorganizes to Focus on Crypto Asset Management and Hedging![img](/img/external-link.svg)
A Hong Kong firm with ties to Bitmain reorganized its business to bring crypto asset management and hedging services to the forefront. Hong Kong has lagged behind its peer cities, like Singapore and Dubai, due to concerns over its regulatory landscape and the influence of mainland China.