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The British Columbia Securities Commission (BCSC) said its investigation into Liquitrade’s crypto asset trading platform found that the company operated an illegal exchange. The probe also determined that users were trading contractual rights, not crypto assets, as the platform had claimed. Latoken Users Trading Derivatives, Not Crypto Assets On July 3, the British Columbia Securities … Read more
Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j Pro miners from Bitmain. Iris Energy Leverages $67 Million in Bitmain Prepayments for Latest Mining Expansion Bitcoin mining company, Iris Energy, announced plans […] … Read more
British Columbia has cited prioritizing clean energy and job creation as the main reasons for suspending cryptocurrency mining operations Go to Source Powered by WPeMatico
Another bitcoin mining company is dealing with financial issues as Iris Energy’s Form 6-K filing with the U.S. Securities and Exchange Commission (SEC) shows the company could face default on two loans. Iris Energy’s Form 6-K filing explains to the SEC that the firm “received a notice from its lender alleging the occurrence of an … Read more
Cryptocurrency continues its worming into broader culture, and now it’s the turn of Bitcoin Cash (BCH). This week, rapper Lil Windex dropped a narrative-driven video, Bitcoin Ca$h, surprising his giant fan base with a new tune to potentially get booties shaking and more people woke to decentralized currency. News.Bitcoin.com caught up with the artist hours … Read more
This week the publicly traded firm Mogo Finance Technology Inc. (TSX: MOGO) announced the creation of a new subsidiary called Mogo Blockchain. The fintech company’s new endeavor is a partnership with the firm DMG Blockchain Solutions in order to launch a bitcoin mining facility in British Columbia. Also read: How to Protect Your Bitcoin and … Read more
