Tag: Loan

Russia and Belarus face crypto sanctions, Crypto.com hounds users for loan payments and Biden signs executive order on crypto: Hodler’s Digest, Mar. 6-12

[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Biden to sign executive order on crypto, authorize all-government effort to consolidate regulation While many in the crypto community previously feared the worst regarding regulation, President Joe Biden on Wednesday signed an executive order on digital assets that had a relatively favorable approach to…

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Hut 8 Ends 2021 With 5,518 BTC in Reserve, Secures $30M Loan

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[ad_1] Hut 8 mined 276 BTC in December, up from 265 in the previous month. The miner deposited all bitcoin mined into custody, as per its “hodl” strategy. Hut 8 now holds 5,518 BTC in reserve, a 97% increase from December 2020. Hut 8, a publicly-listed bitcoin mining company, mined 8.9 BTC per day on average in December, totaling 276 bitcoin produced in the month, the company said in a statement Wednesday. Following on its “hodl” strategy, Hut 8 said it deposited all bitcoin produced in the period into custody,…

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