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Mining May 3, 2023

Robert Kennedy Jr. condemns Biden’s proposed 30% Bitcoin mining tax

Kennedy believes that video games use about as much energy as crypto mining.

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Mike Dalton Mike Dalton has published within the past 30 days.

Former Journalist CryptoSlate

Before transitioning to crypto writing in 2018, Mike studied library and information sciences. Currently, he resides on Canada's West Coast.

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Total Articles 1,314

Since Dec 2022

Last Active Jul 18, 2024

Primary Beat Regulation

Marathon mined $20M Bitcoin in April and increased hash rates, BTC holdings

Marathon mined $20M Bitcoin in April and increased hash rates, BTC holdings

The firm produced 702 BTC last month, down from its record of 825 BTC.

Canadian province New Brunswick has denied energy to crypto miners for months

Canadian province New Brunswick has denied energy to crypto miners for months

The local government endorsed a moratorium in March 2022 that is still in place.

Balaji Srinivasan doubles down on his $1M Bitcoin bet as an answer to the banking crisis

Balaji Srinivasan doubles down on his $1M Bitcoin bet as an answer to the banking crisis

The entrepreneur upped his bet by sending of $1.5M in BTC to three addresses.

Poloniex reaches $7.6M settlement with U.S. Treasury’s OFAC

Poloniex reaches $7.6M settlement with U.S. Treasury’s OFAC

Poloniex allowed customers in sanctioned countries to trade more than $15 million.

Binance says someone used ChatGPT to accuse CZ of ties to CCP

Binance says someone used ChatGPT to accuse CZ of ties to CCP

Congressional offices were led to believe that Binance CEO Changpeng Zhao was part of a Chinese state youth group, one company executive said.

MicroStrategy bought $209M in Bitcoin in Q1 2023; repaid Bitcoin-backed loan to Silvergate

MicroStrategy bought $209M in Bitcoin in Q1 2023; repaid Bitcoin-backed loan to Silvergate

Michael Saylor said his firm's Bitcoin strategy has outperformed Bitcoin itself.

Crypto-linked Cross River Bank receives FDIC order

Crypto-linked Cross River Bank receives FDIC order

The order is related to the bank's compliance with lending laws, not its crypto activity.

PayPal subsidiary Venmo to introduce cryptocurrency transfers

PayPal subsidiary Venmo to introduce cryptocurrency transfers

Venmo previously introduced crypto trading services in April 2021.

Genesis to enter mediation with creditors to continue restructuring plan

Genesis to enter mediation with creditors to continue restructuring plan

Several creditors recently walked away from an earlier agreement.

SEC fines Up Global, Coinme $3.9M; issues C&D

SEC fines Up Global, Coinme $3.9M; issues C&D

The founder and CEO of both companies was also named in the SEC's latest filing.

CFTC fines South African CEO $3.4B over Bitcoin MLM scheme

CFTC fines South African CEO $3.4B over Bitcoin MLM scheme

The case represents the CFTC's highest civil fine and largest Bitcoin fraud case.

Robinhood Connect to allow access from external crypto wallets

Robinhood Connect to allow access from external crypto wallets

The feature will initially be available in the third-party wallets Exodus and Phantom.