Friday, October 15, 2021

Chinese government finds hundreds of banned crypto miners siphoning power from public institutions, with some 260,000 kWh electricity being used every day (Bloomberg)

Bloomberg:
Chinese government finds hundreds of banned crypto miners siphoning power from public institutions, with some 260,000 kWh electricity being used every day  —  - Two provinces discover miners using SOE, university resources  — Government broadened ban on crypto transactions last month



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Sources: Cantor Fitzgerald agreed to invest as much as $600M in Tether for about a 5% stake in the past year; Cantor holds most of Tether's $134B in assets (Wall Street Journal)

Wall Street Journal : Sources: Cantor Fitzgerald agreed to invest as much as $600M in Tether for about a 5% stake in the past year; Canto...