Iris Energy unplugs hardware collateralizing $100 million loan

SEC filing shows that Iris Energy has responded to a default notice by unplugging hardware to collateralize the loan. Bitcoin miner defaults on loan Bitcoin miner Iris Energy has unplugged most of its miners in response to a default notice…

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A European Debt Crisis Is Bullish For Bitcoin

With the current macroeconomic crisis unfolding and many European countries at risk of debt defaults, bitcoin enters the ring as a neutral reserve asset.

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44 nations converged to discuss bitcoin in El Salvador: The Davos of crypto?

What happens when a government defaults on its ability to pay debt? On April 18th, Sri Lanka missed its deadline to pay $78 million in global bond payments. The post 44 nations converged to discuss bitcoin in El Salvador: The Davos of crypto? appeared first on CryptoSlate.

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Bitcoin Unmoved as Russia Selectively Defaults

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Bitcoin dips below $50K as Evergrande defaults on US dollar debt

Fresh panic over Evergrande appears to have a limited impact on cryptocurrency markets.

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Argentines Are Now Getting into Bitcoin Mining Thanks to Subsidized Electricity

As people look for a hedge against currency devaluation, inflation, and defaults, the value of Bitcoin surges to almost 5.9 million pesos compared to the 3.4 million pesos official rate. The post Argentines Are Now Getting into Bitcoin Mining Thanks to Subsidized Electricity first appeared on BitcoinExchangeGuide.

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Bitcoin Buying Pressure Revealed as Corporate Defaults Rise to Recession Levels

The level of defaults on corporate-issued bonds has risen above recession levels in recent months. However, in spite of the massive risk associated with such investments, buying has continued unabated.

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On Free Speech

“A statement may be both true and dangerous. The previous sentence is such a statement. ” - David Friedman Freedom of speech is a topic that many internet communities have struggled with over the last two decades.

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Bitcoin Mining Con Artist Arrested Over $15 Million Fraud

A man has been arrested in China for fraud over the sale of underpriced Bitcoin mining equipment and is awaiting prosecution. According to state media, the man made nearly 100 million yuan ($15 million) from 50 investors within a few months.

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