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Bitcoin collar reset adds $3.765M to PowerCompute debt
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Bitcoin collar reset adds $3.765M to PowerCompute debt

by William Cardus in Latest Bitcoin Mining News and Industry Insights

PowerCompute, a Bitcoin treasury and mining company, added $3.765 million to its debt after an early Bitcoin collar reset involving 307 BTC. The executed schedule records the unwind cost as added principal rather than cash [...]
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Harmony Proposes Layer-1 Shutdown, ONE Migration to Ethereum

Ethereum-compatible layer-1 network Harmony proposed sunsetting its blockchain and migrating its native ONE token to Ethereum, seven years after launching its mainnet.  On Sunday, Harmony proposed taking a final network snapshot, issuing ERC-20 ONE tokens [...]

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