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Core Scientific to Shut Down Celsius Crypto Mining Equipment
The two firms have been engaged in litigation over a 2020 hosting contract, which Core Scientific says is losing it $2 million per month.

Twitch Streamer and NFT Founder DNP3 Admits to Gambling Away Investor Funds
His projects, including The Goobers NFT and charity-focused cryptocurrency CluCoin, were down following the announcement. It's unclear how m...

Web3 Co-Working Hub EmpireDAO Closes Amid Bear Market Woes
The hopeful “WeWork of Web3” is closing its doors and looking for a new home just months after it opened at 190 Bowery in Manhattan.

Crypto Markets Start Year on Positive Note After Horrendous 2022
The governance token of the Lido decentralized autonomous organization surged 26% so far in 2023, surpassing bitcoin and ether’s performance...

US Federal Reserve, Other Agencies Continue to Warn Banks About Crypto
The U.S. Federal Reserve and other regulators issued a crypto warning for the banking system Tuesday, though the statement doesn’t extend an...

Solana Exec Says Platform Still Gaining New Users Despite FTX's Collapse
Austin Federa, Solana Foundation Head of Strategy & Communications, discusses why the collapse of FTX hasn’t kept the network from building...

Sam Bankman-Fried Pleads ‘Not Guilty’ to Fraud, Conspiracy Charges
FTX founder Sam Bankman-Fried pleaded “not guilty” to eight charges in court, including wire fraud and campaign finance allegations.

Bitcoin Mining: A Positive or Negative Indicator for the Future of Crypto?

Previewing FTX Founder Sam Bankman-Fried’s Not Guilty Plea in Court
Happy New Year everyone! Thanks for sticking around as this newsletter heads into year three. And as is befitting the first issue of 2023, w...

The Genesis Block: The First Bitcoin Block
Satoshi Nakamoto mined the Genesis Block on Jan. 3, 2009. That was three months after the pseudonymous inventor published the Bitcoin white...

Compass Mining Wins $1.5M in Lawsuit Against Hosting Firm
The mining services broker won a June case against Dynamics Mining.

Sam Bankman-Fried's Lawyers Ask Court to Conceal Identities of $250M Bail Co-Sig...
The attorneys cited privacy and safety concerns as reasons for requesting the concealment of identities.

First Mover Americas: Legal Troubles Brewing at Digital Currency Group
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 3, 2023. First Mover is CoinDesk’s daily newsletter that cont...

Bahamas-FTX Dispute Heats Up as Bankman-Fried Prepares for Trial
U.S. and Bahamian liquidators continue to sling mud as they fight for jurisdiction over the disgraced CEO’s company

Bitcoin Miner Stronghold Continues Debt Restructuring With Convertible Preferred...
The miner, which runs coal-powered plants in Pennsylvania, has been reducing its debt since the summer.

Ex-Bithumb Chairman Acquitted in South Korea $100M Crypto Exchange Fraud Trial:...
Prosecutors in South Korea were seeking an eight-year prison sentence for Lee Jung-hoon, who was acquitted in the first court hearing.

Heatbit Is the First Space Heater That Mines Bitcoin, Founder Says
The newfangled device looks like a high-end space heater but uses integrated circuitry to process bitcoin transactions.

Bernstein Says Crypto Exchange Binance Is Not Likely to Fail
The exchange demonstrated its robustness when about $6 billion of customer funds were withdrawn on Dec. 13, the report said.

Solana Price Gains as Dog Coin Bonk Fires Up Community Interest
Bonk was airdropped to several Solana NFT projects and has steadily gained interest among holders.

Zodia Custody Appoints Crypto Exchange Bitstamp’s Julian Sawyer as Chief Executi...
Sawyer was Bitstamp's CEO and a co-founder of U.K. lender Starling Bank.

Bernstein: Returns From Buying Crypto During Downturns Have Been Spectacular
The cryptocurrency industry has a strong track record of fighting back, the report said.

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