Live Breaking News & Updates on Digital Currency Group Foundry

Stay updated with breaking news from Digital currency group foundry. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Crypto miners await verdict on exclusion from IRS broker reporting rule

Crypto miners and staking-service providers may learn in the days if they have to report information on their clients' transactions. ....

White House , District Of Columbia , United States , Akos Stiller Bloomberg , Matthew Schultz , Treasury Department , Digital Currency Group Foundry , Digital Currency Group , Tax Regulations ,

Crypto lenders morph into miners

Crypto lenders have repossessed so many Bitcoin mining rigs they’re resorting to plugging them in and extracting tokens themselves. ....

Mason Jappa , York Digital Investment Group , Digital Currency Group Foundry , Iris Energy , Greenidge Generation Holdings , Blockware Solutions , New York Digital Investment Group , Wolfie Zhao , Galaxy Digital , Digital Currency Group , Stronghold Digital Mining , Core Scientific ,

Crypto lender BlockFi plans to sell $160 million Bitcoin mining loans

BlockFi took a major hit last year following the collapse of FTX in November and Three Arrows Capital in Q2 2022. Filing for bankruptcy right after FT ....

New York , United States , Letitia James , Blockfi Bitcoin , Alex Mashinsky , York Digital Investment Group , Digital Currency Group Foundry , Celsius Network , Celsius Mining , Three Arrows Capital , New York Digital Investment Group , Digital Currency Group , Galaxy Digital , Chief Executive Officer , New York Attorney General Letitia ,

Bankrupt lender BlockFi to sell bitcoin mining machine-backed loans

The bankrupt crypto lender BlockFi plans to sell about $160 million of loans backed by around 68,000 bitcoin mining machines, according to two people familiar with the matter. ....

New York , United States , Jihan Wu , Akos Stiller Bloomberg , York Digital Investment Group , Digital Currency Group Foundry , Celsius Network , Jersey City , New Jersey Based , Second Most Valuable Cryptocurrency , Three Arrows Capital , Terra Luna , New York Digital Investment Group , Galaxy Digital , Digital Currency Group ,

Crypto lenders morph into miners as repossessed rigs pile up

Lenders are getting creative as to what to do with the mining machines they accepted as collateral for the some $4 billion in rig-backed loans they underwrote when the rally in bitcoin seemed unstoppable. ....

New York , United States , Cluj Napoca , Mason Jappa , Akos Stiller Bloomberg , York Digital Investment Group , Digital Currency Group Foundry , Iris Energy , Greenidge Generation Holdings , Blockware Solutions , Second Most Valuable Cryptocurrency , New York Digital Investment Group , Wolfie Zhao , Galaxy Digital , Digital Currency Group , Stronghold Digital Mining , Core Scientific ,