Canaan Exits Kazakhstan and South Texas Sites Amid Bitcoin Mining Fleet Reshuffle
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Canaan has withdrawn from two of its bitcoin mining locations—Kazakhstan and an underperforming hosting site in South Texas—as part of a shift to optimize its operations. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. The China-based miner manufacturer […]

Bitcoin.com Casino’s Weekly 1 BTC Tournament Has Already Paid Out 10 BTC – And It’s Just Getting Bigger
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As of August 4th, Bitcoin.com Casino has already given away a staggering 10 Bitcoin through its flagship 1 BTC Weekly Tournament – all paid out with no strings attached. Since launching earlier this summer, the tournament has quickly become a fan favorite among crypto casino players. Every week, a fresh 1 BTC prize pool is […]

BitcoinFi Booms: $7.39B in BTC Locked as Staking Takes Center Stage
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Staking has become a central component of BitcoinFi, with over 68,500 bitcoins locked, amounting to a total value locked (TVL) of $7.39 billion. Three protocols—Babylon, Solv, and Lombard—dominate the market, controlling about 85% of the TVL. Staking Dominance and Market Concentration Staking has emerged as the “core engine of BitcoinFi,” locking up more than 68,500 […]

UAE Establishes Unified Regulatory Framework for Virtual Assets Through SCA and VARA Agreement
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In a significant development for the local crypto sector, the United Arab Emirates has established a unified regulatory framework through an agreement between the Securities and Commodities Authority (SCA) and Dubai’s Virtual Assets Regulatory Authority (VARA). According to local media, this partnership aims to streamline licensing and oversight for Virtual Asset Service Providers (VASPs) across […]

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