Tag: Data

Troubled Data Center Compute North Struggled With Crypto Winter. Then Its Relationship With a Major Lender Soured

In July, the lender asserted several “technical events of default,” which led to taking control of Compute North assets. Generate Capital exercised its voting rights to take over Compute North subsidiary that owned the two bitcoin mining sites the two firms were developing. That included the Wolf Hollow site in Texas, slated to run at 300 megawatts (MW) capacity initially and 600 MW at a later stage, which would make it the miner’s biggest operation. Because Generate Capital has already seized assets, it is not counted among the current creditors.…

Crypto Mining Data Center Provider Compute North Files for Bankruptcy Protection

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

Riot Blockchain Sues Northern Data Over Disclosures Related to Texas Bitcoin Mine Acquisition

In the lawsuit filed on Sept. 7 in a Delaware court, Riot claims that Germany’s Northern Data failed to disclose $84 million in liabilities to a third party, which the third party asked for in April of this year. At the time, Riot was trying to negotiate the final closing price for the acquisition but Northern Data “delayed and obfuscated,” the lawsuit claims. Riot also says that Northern Data continues to stall negotiations and has delayed paying almost $114 million it owes to Riot. Source

Data Suggests Bitcoin Gets Chaotic During FOMC Meetings

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Bitcoin and other cryptocurrencies in the market have had an interesting week-and-a-half. From the CPI report to the completion of the Ethereum Merge, it has been a rollercoaster of volatile activity across the market. Even with this, the market is still not done with its big events. The FOMC meeting is held on Wednesday, which, like in the past, promises unpredictable movements for the crypto markets. Expect Volatility For Bitcoin The FOMC meeting has always triggered volatility across not just the crypto markets but various financial markets. Bitcoin’s reaction to…

ICO launches second consultation on the draft Data protection and journalism code

The Information Commissioner’s Office (ICO) has launched a second consultation on a draft code of practice about using personal data for journalism (the code). The code provides practical guidance on how to comply with data protection legal requirements and good practice when using personal data for journalism. It is a statutory code under section 124 of the Data Protection Act 2018 (DPA 2018). It does not concern press conduct or standards in general. Following the first consultation that ended in January 2022, the ICO considered the feedback received from the…

Neudata and CoinDesk Indices Discuss Crypto Data and Digital Assets

JG: In the beginning, bitcoin price data was most highly demanded. Then, as investors were looking to explore deeper, other data related to transactions (value, count, size, speed), blocks (size and fees), mining difficulty and hash rates became more interesting. As the technology evolved beyond bitcoin and its use case, investors demanded more information about the digital assets available including price but also more information about liquidity and size generally represented by volume and market capitalization. Source

Digital Bank Revolut’s Data Breach May Have Affected 50,000 Customers

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

Chiliz (CHZ) Could Be Set For A Hot Streak With This Data

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Chiliz (CHZ) is a blockchain technology company that aims to tokenize the sports and entertainment space. CHZ displaying enormous traction and uptick despite a bearish market Chiliz partners with giant sports organizations and teams CHZ price spikes by 6.21% as of press time Chiliz has ramped up on major developments and partnerships with giant sports organizations and teams all over the world. According to CoinMarketCap, CHZ’s price has soared by 6.21% or trading at $0.2161 as of this writing. CHZ Collaborates With Sports Clubs CHZ has shown a massive price…

Data challenges the DXY correlation to Bitcoin rallies and corrections ‘thesis’

Presently, there seems to be a general assumption that when the U.S. dollar value increases against other global major currencies, as measured by the DXY index, the impact on Bitcoin (BTC) is negative. Traders and influencers have been issuing alerts about this inverse correlation, and how the eventual reversal of the movement would likely push Bitcoin price higher. Analyst @CryptoBullGems recently reviewed how the DXY index looks overbought after its relative strength index (RSI) passed 78 and could be the start of a retrace for the dollar index. This is…