Aoyon Ashraf

Aoyon Ashraf is CoinDesk's managing editor for Breaking News. He spent almost a decade at Bloomberg covering equities, commodities and tech. Prior to that, he spent several years on the sellside, financing small-cap companies. Aoyon graduated from University of Toronto with a degree in mining engineering. He holds ETH and BTC, as well as ALGO, ADA, SOL, OP and some other altcoins which are below CoinDesk's disclosure threshold of $1,000.

Aoyon Ashraf

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Finance

FTX Withdraws US CFTC Derivatives Clearing Plan

The company previously submitted a plan that it hoped would allow customers to assess and respond to derivatives risks in real time.

(Jesse Hamilton/CoinDesk)

Finance

Crypto-Linked Stocks Tumble After FTX Files for Bankruptcy

Bitcoin and ether both fell about 6% following the Chapter 11 filing Friday morning.

(Spencer Platt/Getty Images)

Finance

A Failed FTX-Binance Deal Is ‘Catastrophic’ for Crypto Sector

Binance scrapping its acquisition of rival FTX could mean institutional investors deciding to pull funds out of the crypto industry.

(Unsplash)

Finance

Canadian Energy Provider Hydro-Quebec Proposes Stopping Electricity Supply to Blockchain Industry

The utility asked Canada's energy regulator to suspend the allocation of 270 megawatts that had previously been planned for blockchain industry in Quebec.

Bitcoin mining can soak up renewable energy that is hard to transmit or consume locally, giving a leg up to energy producers. (Yunha)

Finance

Crypto Exchange Coinbase's Chief Product Officer Steps Down Amid Restructuring

Surojit Chatterjee will continue to serve in an advisory role through at least Feb. 3, 2023.

Coinbase podría beneficiarse por el incremento de las tasas de interés. (Robert Nickelsberg/Getty Images)

Finance

Bondholders of Troubled Bitcoin Miner Core Scientific Said to Be Working With Lawyers: Report

The company last week warned it may have to explore bankruptcy as its financial condition worsens.

Core Scientific facility in North Carolina. (Core Scientific)

Finance

Bitcoin Miner Compass to Host 27MW Worth of Mining Rigs at Solar-Powered Startup

Startup miner Aspen Creek Digital has 30MW worth of capacity at its Texas facility, making Compass one of its largest customers.

Aspen Creek is just one bitcoin mining facility that tapped Texas' cheap, but atypical, electricity grid. (Aspen Creek)

Finance

Bitcoin Miner CleanSpark Hikes 2022 Hashrate Guidance by 10%

The company now sees year-end computing power at 5.5 exahash per second, up 10% from the previous outlook.

CleanSpark's immersion-cooled bitcoin miners at a site in Norcross, Georgia. (Eliza Gkritsi/CoinDesk)

Finance

Wall Street Analyst ‘Pulling the Plug’ on Bitcoin Miners Owing to Bear Market Woes

DA Davidson analyst Chris Brendler downgraded Core Scientific and Argo Blockchain from buy to neutral and said the bank has grown “increasingly concerned” about the miners.

Core Scientific facility in North Carolina. (Core Scientific)

Finance

Crypto Hardware Maker Fabric Systems Raises $13M in Seed Funding

Skype co-founder Jaan Tallinn's Metaplanet was among the investors.

CleanSpark's immersion cooling facility in Norcross, Georgia (Eliza Gkritsi/CoinDesk)