Bitfarms Fires its CEO
Toronto-based Bitcoin mining company Bitfarms terminated CEO Geoffrey Morphy with immediate effect on Monday.
Hong Kong’s Bitcoin ETFs Experience 2nd Daily Net Outflows
Hong Kong’s spot Bitcoin exchange-traded funds (ETFs) experienced their second consecutive day of net outflows on Thursday.
SEC: Court Should Reject Coinbase’s Appeal
The SEC is urging a court to reject Coinbase’s attempt to appeal a judge’s decision allowing a lawsuit against the cryptocurrency exchange to proceed.
Forensic Risk Alliance Will Oversee Binance
The US Department of Justice (DOJ) has appointed Forensic Risk Alliance (FRA) to monitor cryptocurrency exchange Binance’s compliance with regulations for the next three years.
BlockFi is Ceasing its Operations
BlockFi has announced that it will be closing its web platform by May 2024 and will be working with major cryptocurrency exchange Coinbase to assist clients with fund withdrawals.
Bitcoin Mining Difficulty Falls by Almost 6%
On Thursday, Bitcoin mining difficulty fell to 83.1 trillion, a decrease of 5.7%, making it the biggest negative adjustment in almost 18 months.
Marathon Digital Mined 2,811 Bitcoins in Q1 2024
In the first quarter of this year, Marathon Digital reported that it mined 2,811 Bitcoin, which is equivalent to $176 million based on current prices, as stated in their earnings report.
