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Bitcoin mining pool Poolin in distress following liquidity crisis

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Posted on October 5, 2022

The Bitcoin mining pool Poolin on Sept. 6 announced liquidity problems and subsequently suspended withdrawals, flash trades, and internal transfers from its network. Mining pools collate processing power from contributing miners to generate block rewards more quickly and consistently versus “going alone.” The rewards are distributed in proportion to the members’ contribution (or donated processing

Riot Blockchain produced over $7.1M worth of BTC in September

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Posted on October 4, 2022

Riot Blockchain, a Bitcoin mining company based in Texas, produced 355 BTC in September this year. The news is part of Riot’s unaudited production and operations updates for last month, in which the company disclosed its BTC holdings, sales, and profits. According to the announcement, Riot’s 355 BTC production represents a 13% decrease as compared

Remittance Company and Additional Firm Request To Join Ripple and XRP Lawsuit With SEC

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Posted on October 4, 2022

Two other companies are hoping to weigh in on the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple. TapJets, which bills itself as the Uber of private jet chartering, and remittance company I-Remit hope to serve as an “amicus curiae” in the case in support of Ripple. Amicus Curiae means “friend of the court,”

Crypto spring is inevitable – Cointelegraph Magazine

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Posted on October 4, 2022

In another reality, Bill Noble would be just another guy in a suit behind a big desk at the Fed or the SEC, probably murmuring negative incantations like “crypto is bad.” He’s certainly got the track record for it: JP Morgan, UBS, Morgan Stanley, Goldman Sachs. But that’s Noble in an evil mirror dimension. In

Trader Who Nailed 2022 Bitcoin Collapse Predicts Big Correction for XRP, Updates Outlook on Two Low-Cap Altcoins

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Posted on October 3, 2022

The crypto analyst who accurately predicted Bitcoin’s (BTC) crash this year says XRP is likely due for an over 50% decline. The psuedonymous analyst known in the industry as Capo tells his 541,600 Twitter followers that open-source digital currency XRP remains in a downtrend despite its recent rally. According to a chart shared by Capo,

Bitcoin mining hashrate touches new all-time high, mining difficulty expected to rise

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Posted on October 3, 2022

Bitcoin’s (BTC) hashrate has spiked to a new all-time high amid the current bear struggles of the broader crypto market. According to Glassnode data, as analyzed by CryptoSlate, BTC’s hashrate touched 244.25 EH/s on Oct. 3. Bitcoin mean hash rate (Source: Glassnode) In the seven days, the miners responsible for most of the hashrates were

Ethereum completes merge, Do Kwon faces arrest warrant and Bitcoin dives after rally: Hodler’s Digest, Sept. 11-17

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Posted on October 1, 2022

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Pro-centralization Russian president grants citizenship to Edward Snowden: Report

XRP Airdrop Incoming: Flare Outlines Schedule for Long-Awaited Spark (FLR) Token Giveaway

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Posted on October 1, 2022

Flare is hinting that its long-awaited Spark (FLR) token airdrop to XRP holders is just around the corner with a new announcement to validators. The company notes in a new schedule that validators can now onboard to the Flare network. Flare also says it is currently working to onboard crypto exchanges to ensure the airdrop

XRP Jumps 20% in a Matter of Hours Amid SEC’s Latest Setback in Ripple Lawsuit

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Posted on September 30, 2022

The sixth-largest crypto asset by market cap, XRP, is rallying amid Ripple Labs scoring a win in court in a lawsuit lodged by the U.S. Securities and Exchange Commission (SEC). XRP surged approximately 20% amid a court ruling ordering the SEC to produce documents Ripple intends to use as evidence. On September 29th, XRP soared

Judge Overrules SEC’s Objection in Case Against Ripple, Orders Contentious Documents To Be Turned Over

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Posted on September 30, 2022

A federal judge is ordering the U.S. Securities and Exchange Commission (SEC) to hand over the evidence that the security regulator has been trying to withhold in its suit against blockchain-based payments company Ripple Labs. Federal judge Sarah Netburn previously ordered the agency to produce the documents related to the 2018 speech of former SEC

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