Core Scientific
Summary: Lawyers representing the Bitcoin miner said the company was losing north of $53,000 daily due to a hosting agreement with Celsius. The company will shutter hosting services for 37,000 Bitcoin mining rigs owned by the defunct crypto lender. Both companies filed for bankruptcy following a harsh year for crypto...
Zilliqa's New Tipping Bot Avails ZIL to 400M Telegram Users 17
In brief: Tipping in cryptocurrency has long been used to express gratitude on social media platforms such as Reddit, Twitter and Telegram. The team at Zilliqa launched a tipping bot allowing users of Telegram to tip each other in ZIL. The messaging platform reached a new milestone of 400 Million...
Chinese Media: Inner Mongolian Government to Restrict Bitcoin Mining 19
Crypto Mining Crackdown in Inner Mongolia Reports from China-centric crypto news outlet ChainNews have suggested that Inner Mongolia, an autonomous region of China, is looking to curb Bitcoin mining and similar industries in the region. The article spotted by Dovey Wan, a prominent venture capitalist based in China, states that...
Blockstream
Blockstream, a Canadian firm focused on developing products for the cryptocurrency industry, announced the launch of two large data centers for enterprise level co-location services.  The developer of Bitcoin satellites and consumer wallets also introduced the BetterHash protocol-based Blockstream Pool. The company’s latest products are aimed at preserving the decentralization...
Binance Launches Mining Pool, Focusing First on Bitcoin (BTC) 22
In brief: Binance has launched a new Mining Pool service.  The mining pool will support Proof of Work and Proof of Stake blockchain protocols. However, its first focus will be Bitcoin (BTC).  The crypto exchange of Binance continues on its mission of building and providing its loyal users with superior...