Nasdaq-Listed Coal Miner Adds 425 BTC To Balance Sheet

Alliance Resource Partners (ARLP) announced that its mining bitcoin and holding 425 BTC on its balance sheet.

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Report: Dive into the 43% Decline in Bitcoin Mining with Coal Energy Since 2011

As we approach the year 2030, we are witnessing a significant shift in the world of Bitcoin mining. Renewable energy sources are on the rise, while coal-powered mining operations are in decline. This transition is not only beneficial for the environment but also for the sustainability of the cryptocurrency industry. The shift towards renewables in [...]

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Silicon Valley Bank’s UK branch shut down by Bank of England

The Bank of England (BoE) has halted the operations of Silicon Valley Bank’s U.K. branch (SVB UK), stating that it has a “limited presence” and no “critical functions” supporting the financial system in the United Kingdom (UK). BoE issued a statement on Mar. 10, declaring that SVB UK will “stop making payments or accepting deposits,” [...]

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US Bitcoin mining firm turns to harmful coal waste for cleaner energy

In a bid to make crypto mining more environmentally friendly, Stronghold Digital Mining is turning harmful waste from coal mining into clean energy to power Bitcoin miners.

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Stronghold Digital Mining Collects Coal Waste to Power Cryptocurrency Mining

Stronghold Digital Mining, based in western Pennsylvania, has found a new, environmentally friendly way to mine cryptocurrency, Reuters reports. (Read More)

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Crypto Firms Unite to Form Market Integrity Coalition

Coalition focuses on cultivating a fair crypto marketplace by combating market abuse and manipulation.

Continue reading Crypto Firms Unite to Form Market Integrity Coalition at DailyCoin.com.

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17 Crypto Firms Form a Market Integrity Coalition Aimed at Bolstering a Sensibly-Regulated Industry – Bitcoin News

On February 7, 2022, a group of 17 digital asset companies revealed they formed an organization called the Crypto Market Integrity Coalition (CMIC). The well-known firms include crypto companies like Coinbase, Circle Internet Financial, Huobi Tech, Bitmex, Cryptocompare, and Solidus Labs. The newly formed group says the coalition is “committed to a safe and sensibly-regulated […]

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DEIP partners with BlockVenture to boost adoption of its web3 creator economy protocol

DEIP, a creator economy protocol that enables the discovery, evaluation, licensing, and exchange of intangible assets, and BlockVenture Coalition, an alliance of university blockchain groups and venture funds, announced today a new partnership to educate American students about the pathways into web3 development and expand DEIP’s reach through the American continents. BlockVenture Coalition will help […]

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New German government cites crypto in coalition agreement

The new German coalition is aiming to make the “European financial market supervisory law” fit for crypto-assets and businesses.

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Forget Bears: Bitcoin Takes On The Duck Curve

As the bears lick their wounds and escape to the caves for the winter, Bitcoin sinks its teeth into a new animal; the duck curve of the energy grid.

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Mid-Size Banks Ask for Deposit Insurance Extension

The Mid-Size Bank Coalition of America (MBCA) has requested that the US Federal Deposit Insurance Corporation (FDIC) extend insurance on all deposits for the next two years, which would immediately halt the outflow of deposits from smaller banks and stabilize the banking industry, according to a Bloomberg report. The MBCA proposed that the banks themselves fund the insurance program by raising the deposit-insurance assessment on lenders who opt to participate in the increased coverage, and the failure to provide this could result in up to 300 banks going under. (Read More)

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Midsize US Banks Ask Regulators to Extend FDIC Insurance to All Deposits for 2 Years Before Another Bank Fails

The Mid-Size Bank Coalition of America has asked federal regulators to extend FDIC insurance to cover all deposits for the next two years. “Doing so will immediately halt the exodus of deposits from smaller banks, stabilize the banking sector and greatly reduce chances of more bank failures,” the group claimed. “It is imperative we restore [...]

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