• Huobi, a crypto exchange, has confirmed a 20% headcount reduction. • This comes after reports of Huobi requiring employees to take their salaries in stablecoins, closing internal staff communication…
• Cryptocurrency exchange Kraken announced it will be exiting Japan at the end of January 2021. • Bitcoin miner Argo Blockchain has avoided filing for bankruptcy protection with the help…
• Ethereum completed its radical shift to a more energy-friendly system for powering its network in 2022. • Concerns around censorship and record-shattering hacks on Ethereum-linked infrastructure were major themes…
• Kraken has announced that it will be exiting Japan and deregistering from the Financial Services Agency as of Jan. 31. • The decision was prompted by „current market conditions…
Bullet Points • Prices for Bitcoin remained largely frozen near the levels they held for the past week. • CoinDesk’s Chief Insights Columnist David Z. Morris wrote about the seriousness…
• Bitcoin held steady over the Christmas holiday weekend, trading at about $16,900. • Most other major cryptos were flat, with a slight green tint. • Investors largely ignored crypto…
• Mythical Games has filed a lawsuit against three former executives for allegedly stealing $150 million from the company. • The lawsuit accuses Chris Ko, Matt Nutt and Rudy Koch…
• Sam Bankman-Fried was released from federal court on Thursday after posting a gargantuan, unprecedented „$250 million bond“. • The „$250 million bond“ was actually no cash at all –…
• Bitcoin (BTC) avoided losses in US stocks, despite strong economic data that could push the Federal Reserve to pivot to a more dovish monetary policy. • CoinDesk Market Index…
Table of Contents I. Introduction to Bitcoin Halving II. Impact of Bitcoin Halving on Mining A. Reward Reduction B. Difficulty Adjustment C. Cost of Mining D. Profitability of Mining E.…