Network activity, treasury flows, mining and BTC market coverage.
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A new SEC filing on June 4 shows that Tether, the company behind USDT, owns 25% of Bitcoin miner Bitdeer’s shares. A recent filing by the United States Securities and Exchange Commission (SEC) shows that Tether, a stablecoin issuer, currently manages 25% of shares for Bitdeer, a Bitcoin miner. Tether Increases Stake in Bitcoin Mining
Stephen CausbyUpdated 2 min read
As El Salvador seeks to become the epicenter of crypto in central America, other countries are impressed by its Bitcoin success. The government of Argentina has announced plans to collaborate with the Nayib Bukele administration to understand the approaches used by El Salvador to push for the adoption of crypto. Since 2021, the Salvadoran government
Kimberly CrainUpdated 3 min read
The Abu Dhabi Agriculture and Food Safety Authority (AFSA) has imposed restrictive measures on farmers mining crypto. The United Arab Emirates(UAE) regulators noted that the crypto miners used agricultural land to mine digital assets. In its advisory report, the AFSA urged farmers to avoid turning their farms into crypto-mining sites. The regulators claimed that individuals
Kimberly Crain2 min read
Key Insights: Bitfarms, a major Bitcoin mining company based in Toronto, is facing a lawsuit filed by Geoffrey Morphy in the Superior Court of Ontario. Morphy, who was appointed as interim president and CEO in late 2022, is seeking $27 million in damages for alleged breach of contract, wrongful dismissal, and aggravated and punitive damages.
Curtis Dye3 min read
