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Latest from Aoyon Ashraf
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.

Crypto-Linked Stocks Tumble After FTX Files for Bankruptcy
Bitcoin and ether both fell about 6% following the Chapter 11 filing Friday morning.

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.

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.

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.

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.

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.

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.

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.

Crypto Hardware Maker Fabric Systems Raises $13M in Seed Funding
Skype co-founder Jaan Tallinn's Metaplanet was among the investors.
