BTC/JPY

Bitcoin miners can’t stop, won’t stop. The Bitcoin (BTC) hash rate continues to surge to new all-time highs, despite a heavy price drawdown. The Bitcoin mining hash rate peaked at 258 exahashes per second (EH/s) on Oct. 4, according to Braiins Insights, a mining data tools and metrics company. Although the Bitcoin price is down 58% year-to-date against the ...

Financial services firm Matrixport has secured critical insurance coverage as the crypto industry continues navigating liquidity crises that brought down some major players. Matrixport said Sunday it locked in $50 million from Canopius, one of the largest syndicates operating under insurance giant Lloyd’s with more than $2.2 billion in premiums. Lloyd’s is ...