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Heatwave and Debt: Laos Suspends Crypto Mining Operations Amid Rising Power Demands
In recent developments, Electricite du Laos (EDL) announced on August 24 that the power company shut down cryptocurrency mining activities. This de...
Aug, 26, 2023
1 min read
by Bitcoin News
Default of Tokenized Loans on Centrifuge Puts MakerDAO’s Investment at Risk
DeFi giant MakerDAO has lent $1.8 million of DAI stablecoin to the tokenized credit pool under distress.
Aug, 25, 2023
by CoinDesk
Biden, Republicans Strike Tentative Deal to Raise US Debt Ceiling
The White House and House Republicans have reached an agreement in principle to raise the U.S. debt ceiling. Described by President Joe Biden as “g...
May, 28, 2023
3 min read
by Bitcoin News
Bitcoin Is Among The Top 3 Preferred Assets As US Default Risks Rise
If the US hits the debt ceiling, gold, US Treasuries, and Bitcoin will be the top three preferred assets for investors, ahead of the USD, Japanese ...
May, 15, 2023
2 min read
by CoinCu News
Stabilizing the Banking System: Biden Reassures Public Amid First Republic Bank Collapse, but Warns of National Debt Default
Amid the collapse of the second, third, and fourth largest banks in American history, U.S. president Joe Biden reassured the public that the countr...
May, 01, 2023
3 min read
by Bitcoin News