Buyers in Asian markets were reluctant to continue purchasing gold as it reached a new record high last week, opting to cash out and wait for deeper discounts. In India, sellers were offering discounts on gold bullion of over $65 per ounce, with local dealers preparing for regulatory changes, while in China, discounted prices reached…
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Reports have surfaced that Bitmain, the well known mining rig manufacturer, intends to unveil a cutting-edge bitcoin (BTC) miner at the 2023 World Digital Mining Summit (WDMS) in Hong Kong this coming September. The device, christened the Antminer S21, is being hailed by Bitmain as the market’s most proficient machine, marking a pivotal shift in…
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FTX Debtors and affiliate Alameda Research Ltd. have filed a lawsuit against Grayscale Investments, seeking injunctive relief to unlock $9 billion in value for shareholders of the Grayscale Bitcoin and Ethereum Trusts. The debtors allege that “Grayscale has extracted over $1.3 billion in exorbitant management fees in violation of the trust agreements.” FTX Debtors Accuse…
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