The miner reiterates its hashrate guidance of 12.8 EH/s Author: Aoyon Ashraf
Archives for May 2022
Katie Haun’s VC Firm Leads $11M Round for Web 3 Community Platform Highlight
Highlight offers a no-code toolkit for creators to easily build NFT-based Web 3 communities. Author: Brandy Betz
Susquehanna Leads $10M Funding in Metaverse Platform StarryNift
The pre-A round funding includes Binance Labs, Alameda and other crypto-centric investment teams as backers. Author: Shaurya Malwa
UST Stablecoin Veers Wildly From Dollar Peg. Here’s the Latest
By tapping into its bitcoin reserves, UST’s salvation may have exacerbated a bitcoin sell-off that brought BTC to its lowest price since July 2021. Author: Sam Kessler, Danny Nelson
New Fed Report Repeats Warning About Stablecoin Run Risks as UST Loses Peg
The U.S. government again named stablecoins as a potential threat to the stability of the financial system, with both the Federal Reserve and a senior Treasury official saying Monday that the tokens are vulnerable to runs. Author: Jesse Hamilton
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