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Swan abandons mining and IPO, lays off employees

Bitcoin firm Swan plans to end its managed mining product and has delayed its IPO while laying off employees.

Yes, MEV occurs on Bitcoin — here’s how

Despite what many may think, MEV isn’t merely an Ethereum problem. In fact, it first occurred on Bitcoin and is still causing issues.

Kerrisdale Capital’s Sahm Adrangi has continued his short-selling series with another Bitcoin company, Riot Platforms.

Tether claims to generate tens of billions of dollars in annualized profit and is deploying hundreds of millions into bitcoin miners.

The group’s leader is reportedly part of the largest criminal organization in Taiwan and allegedly stole millions from crypto mine investors.