According to data shared by crypto influencer John Brown 91 of Bitfinex exchanges reserves are Bitcoin BTC and Ethereum ETH.Coinbase follows Bitfinex as a close second by having 63 of its reserves in Bitcoin and Ethereum according to additional information added by Brown.The ratio of reserves held in BTC amp ETH differs strongly per exchange. Data from cryptoquantcom pic.twitter.comUwxRrS5Ltcmdash

Publictraded Bitcoin mining company Core Scientific has lost about 1.7 billion since the start of the year according to its quarterly report filed with the United States Securities and Exchange Commission SEC on Tuesday.The filing shows that the firm recorded its second consecutive quarterly loss at the end of Q3. The Bitcoin miner lost 435 million in Q3 and 862 million in Q2 bringing its net loss

A 6year veteran of the crypto industry Andrew Weiner serves as the Vice President of MEXC Global. As the former executive of RegTech and digital identity pioneer iComplyKYC he worked with notable brands that include Thomson Reuters ComplyAdvantage IBM Mastercard Deloitte and KPMG to deliver innovative solutions to Virtual Asset Service Providers in over 170 countries.Andrew recently joined the Bit

Core Scientific one of the largest publicly traded Bitcoin miners might not make it until the end of the year.In its quarterly report filed with the SEC the company said 8220substantial doubt8221 exists about its ability to continue going if it fails to raise liquidity.8220However the ability to raise funds through financing and capital market transactions is subject to many risks and uncertaintie

Bitcoin BTC hash ribbon indicators are often used to identify and catch BTC bottoms as the convergence of the BTC hash ribbon signals further miner capitulation as mining costs increase and BTC price falls.As miners are seen to be selling at the most aggressive rate over the last two years the Bitcoin network is set to adjust difficulty negatively for the next epoch.Though miner capitulation has b

In the latest episode of the CryptoSlate SlateCast we caught up with Jason Fang from Sora Ventures to get insight into the Asian crypto market learn why he decided to invest in CryptoSlate and his overall view on the future of the blockchain industry.Sora Ventures is an Asiabased venture capital fund founded in early 2018. Its portfolio includes Immutable Forkast News CasperLabs Guild of Guardians

Market jitters from the FTX collapse have triggered record quantities of Bitcoin leaving global exchanges.Bitcoin Magazine Senior Analyst Dylan LeClair noted that 136992 BTC had been withdrawn over the past 30 days adding that the event was 8220historic.8221 The figure equates to 0.7 of the circulating supply.Accompanying the message LeClair included an Exchange Net Position chart illustrating the

New York state governor Kathy Hochul has signed a moratorium on using fossil fuels to power Bitcoin mining operations in the region.The new legislation aims to address environmental concerns in the state to balance its economic development and climate goals.A TwoYear BanThe approved bill targets Bitcoin and other crypto mining companies leveraging cheap energy for mining digital assets in upstate

A moratorium on some crypto mining operations relying on carbonbased energy has been signed into law in New York. Businesses engaged in proofofwork mining in the state will not be able to expand or renew their permits for the next two years as a result of the ban which is likely to have consequences for the industry across the United States. First of Its Kind PoW Mining Moratorium Takes Effect in