China’s Mining Crackdown Drives Bitcoin Hashrate to Three-Month Low

Bitcoin miners in China’s Xinjiang province are unplugging following another crackdown by Beijing this week. As many as 400,000 mining machines have already gone offline, causing a slump in hashrates. Bitcoin is going down because selling pressure is stronger and coming from deeper sources, said analyst Bull Theory on...
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Binance’s US Return Strategy: CZ’s Stake At Risk In Potential Recapitalization

Amid significant regulatory shifts under President Trump’s administration, Binance is gearing up to relaunch in the United States, potentially reducing the stakes held by its former CEO, Changpeng Zhao (CZ).  Following years of legal hurdles that culminated in Zhao serving time in prison, his recent presidential pardon has revitalized...
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