Bitcoin mining company TeraWulf’s nuclear-powered Bitcoin mining facility Nautilus Cryptomine in Pennsylvania, USA, has started operations. A total of nearly 8,000 mining machines have started working, with a computing power of about 1.0 EH/s. In addition, there will be another 8,000 in the next few weeks. The mining machine was put into mining, and the production capacity reached 1.9 EH/s by May. TeraWulf expects its total computing power to reach 5.5 EH/s by the beginning of the second quar...

Bitcoin mining company TeraWulf’s nuclear-powered Bitcoin mining facility Nautilus Cryptomine in Pennsylvania, USA, has started operations. A total of nearly 8,000 mining machines have started working, with a computing power of about 1.0 EH/s. In addition, there will be another 8,000 in the next few weeks. The mining machine was put into mining, and the production capacity reached 1.9 EH/s by May. TeraWulf expects its total computing power to reach 5.5 EH/s by the beginning of the second quar...

The U.S. government on Monday appealed an earlier judicial decision by a bankruptcy judge to deny the appointment of an independent examiner in the FTX bankruptcy case. The U.S. Trustee, which is part of the DOJ, has previously argued that bankruptcy law requires an independent investigation into any case of this size, although lawyers for FTX have previously said the cost of an investigation could be as high as $100 million. An independent examiner could investigate whether those responsible...

The U.S. government on Monday appealed an earlier judicial decision by a bankruptcy judge to deny the appointment of an independent examiner in the FTX bankruptcy case. The U.S. Trustee, which is part of the DOJ, has previously argued that bankruptcy law requires an independent investigation into any case of this size, although lawyers for FTX have previously said the cost of an investigation could be as high as $100 million. An independent examiner could investigate whether those responsible...

Consensys released the "ETH Pledge Withdrawal Guide", which mentioned that the main achievement of the Shanghai/Capella upgrade is to allow pledgers to withdraw their pledged ETH, but more specifically, it will provide three key functions related to withdrawals : 1. Ability to update withdrawal credentials of Ethereum validators from old 0x00 type (derived from BLS key) to newer 0x01 type (derived from Ethereum address). 2. Partial withdrawals, or consensus layer rewards for periodic automati...

Consensys released the "ETH Pledge Withdrawal Guide", which mentioned that the main achievement of the Shanghai/Capella upgrade is to allow pledgers to withdraw their pledged ETH, but more specifically, it will provide three key functions related to withdrawals : 1. Ability to update withdrawal credentials of Ethereum validators from old 0x00 type (derived from BLS key) to newer 0x01 type (derived from Ethereum address). 2. Partial withdrawals, or consensus layer rewards for periodic automati...

Singapore police have launched an investigation into Do Kwon and Terraform Labs, adding that the investigation is "ongoing". Terraform Labs did not immediately respond to a request for comment. Do Kwon was facing a $57 million class action lawsuit in Singapore last October, it was reported. The lawsuit, filed by 359 investors, accuses Do Kwon, Platias and LFG of deliberately misrepresenting UST's price stability.

Singapore police have launched an investigation into Do Kwon and Terraform Labs, adding that the investigation is "ongoing". Terraform Labs did not immediately respond to a request for comment. Do Kwon was facing a $57 million class action lawsuit in Singapore last October, it was reported. The lawsuit, filed by 359 investors, accuses Do Kwon, Platias and LFG of deliberately misrepresenting UST's price stability.

According to the official blog, the Solend V2 white paper of the Solana lending agreement aims to reduce risks and improve decentralization. Solend V2 will be released in the next few months. Currently, Solend V2 is under design, and some functions may be added or modified as the design is finalized. According to the white paper, Solend V2 will include: protected collateral, TWAP oracle, borrowing ratio, outflow rate limit, mortgage limit, isolation layer assets, dynamic liquidation bonus, tr...

According to the official blog, the Solend V2 white paper of the Solana lending agreement aims to reduce risks and improve decentralization. Solend V2 will be released in the next few months. Currently, Solend V2 is under design, and some functions may be added or modified as the design is finalized. According to the white paper, Solend V2 will include: protected collateral, TWAP oracle, borrowing ratio, outflow rate limit, mortgage limit, isolation layer assets, dynamic liquidation bonus, tr...