Public Keys: Mining Malaise, Coinbase Miss and Hey, Who’s the New Kid?
Things continue to not look so great for publicly traded Bitcoin miners. But look on the bright side: guess who's back with another stablecoin (maybe)?
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Sygnum Launches Bitcoin Loans With Collateral Keys Shared Across Parties
TL;DR: Sygnum and Debifi have launched MultiSYG, a Bitcoin-backed lending service using segregated multisignature wallets. The arr...
Irish Central Bank Fines Coinbase Unit €3.25 Million Over Customer Fund Safeguards
TL;DR: Ireland’s central bank imposed a €3.25 million penalty on Coinbase Ireland over electronic-money safeguarding and outsourci...
Bitcoin Hashrate Reclaims One Zettahash As Mining Competition Rebounds
TL;DR: BlocksBridge reported Bitcoin’s seven-day hashrate above one zettahash in the week to October 22. Mining competition has re...
Austin Griffith Demonstrates How Fast Bots Can Drain Weak Ethereum Keys
Austin Griffith of the Ethereum Foundation put about $1 in an Ethereum wallet whose private key was the number 6969, and bots went...
CME Posts Record Q3 Revenue As Crypto Derivatives Push Continues
TL;DR: CME reported record third-quarter revenue of about $1.74 billion on October 21. The results provide a fresh look at a major...
Bitcoin Is Busier Than Ever, but Bitcoin Mining Isn’t Getting Paid More
Bitcoin is processing more transactions than ever before on an annual basis, but the growing activity is doing little to improve o...