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Crypto miner Mawson pushed into bankruptcy court by creditors
Mawson Infrastructure Group, a company known for its role in building data centers for Bitcoin miners and artificial intelligence, is under attack from creditors. With its cash reserves falling below $6 million, creditors in Australia, including W Capital Advisors and Marshall Investments, have filed a Chapter 11 petition in Delaware. The creditors claim the mining […]Cryptopolitan
Thu, Dec 5
El Salvador continues to buy 1 Bitcoin per day – How much profit is Nayib Bukele sitting on?
Arkham Intelligence data shows the El Salvadoran government has stayed on course for its “1 Bitcoin a day” investment strategy, accumulating a total of 5.955K BTC on its portfolio. Bitcoin’s price moved past the $100,000 mark in the early hours of Thursday, an event that put El Salvador President Nayib Bukele in a “delightful” mood. […]Cryptopolitan
Thu, Dec 5
Anchorage dropped by bank over crypto ties, CEO tells lawmakers
Anchorage, a federally chartered crypto bank regulated by the Office of the Comptroller of the Currency (OCC), found itself on the wrong side of its own banking partner. In June 2023, the bank told Anchorage it was severing ties because the company was “in the business of crypto.” Nathan McCauley, Anchorage’s CEO, reportedly shared this […]Cryptopolitan
Thu, Dec 5
Peter Schiff says Bitcoin hitting $100k happened only because of government intervention
Bitcoin finally crossed over $100,000 in a performance that has been nothing short of extraordinary after US president-elect Donald Trump shared that he had made up his mind on who he wanted to lead his SEC: The pro-crypto Paul Atkins.Cryptopolitan
Thu, Dec 5
Mt. Gox transfers $2.4 billion in Bitcoin after BTC reaches $100K
The long-defunct cryptocurrency exchange Mt. Gox sent over 24,000 Bitcoin to an unknown address after BTC hit $100,000 and surged above. According to Arkham Intelligence data, the transfer involved 27,871 BTC, valued at a little over $2.8 billion. The transfer, which took place on December 5 at 2:45 AM (UTC), was sent to an unknown […]Cryptopolitan
Thu, Dec 5
