A Crypto Mining Firm May Have Moved $150M in Bitcoin, CryptoQuant Says
The price of bitcoin dropped by 3% on the day the $150 million was moved out of the miner's wallet.
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Apr 25, 2023 at 2:49 p.m. UTC
Apr 25, 2023
PoolIn
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Singapore Arbitrator Rules Against Mining Software Firm Poolin’s IOU Model, But the Firm Hasn't Paid Yet
Poolin had issued I-owe-you tokens in exchange for its users’ crypto deposits. A Singapore arbitrator said that’s not OK.
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Jan 6, 2023 at 3:39 p.m. UTC
Jan 6, 2023
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Wallet Service of Top Bitcoin Mining Pool Poolin Will Issue 'IOU' Tokens After Suspending Withdrawals
Poolin acknowledged liquidity issues last week and halted withdrawals on its wallet service the next day.
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Sep 13, 2022 at 12:25 p.m. UTC
Sep 13, 2022
Poolin, One of the Largest Bitcoin Mining Pools, Suspends Withdrawals From Wallet Service
On Sunday, the mining pool acknowledged having liquidity issues.
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Sep 5, 2022 at 4:50 p.m. UTC
Sep 5, 2022
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Poolin, One of the World's Biggest Bitcoin Mining Pools, Acknowledges Liquidity Issues
Poolin CEO and founder Kevin Pan assured users that funds are safe and said the company might look to debt to solve its liquidity troubles.
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Sep 5, 2022 at 10:55 a.m. UTC
Sep 5, 2022
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Bitcoin Miners Aren’t Responsible for Recent Price Dips, Data Shows
Analysts and mining pools say selling pressure from mining wallets hasn't contributed to recent corrections in bitcoin's price.
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Jan 14, 2021 at 10:24 p.m. UTC
Jan 14, 2021
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Majority of Bitcoin Hashrate Signals Support for Taproot Scaling, Privacy Upgrade
Over 50% of Bitcoin's hashrate now supports the "uncontroversial" upgrade.
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Nov 19, 2020 at 4:48 p.m. UTC
Nov 19, 2020
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Bitcoin Hashrate Rebounds as Asian Miners Bring Machines Back Online
After moving machines out of Sichuan, miners are bringing ASICs back online.
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Nov 11, 2020 at 4:19 p.m. UTC
Nov 11, 2020
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Court Denies Bitmain $30M in Damages From Co-Founders of Rival Poolin
A court in China has denied an appeal by bitcoin mining giant Bitmain seeking $30 million in damages from the three co-founders of mining pool rival Poolin.
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Sep 9, 2020 at 8:14 a.m. UTC
Sep 9, 2020
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Bitcoin Mining Pool Poolin Partners With BlockFi to Expand Crypto Lending Service
Poolin, the second biggest bitcoin mining pool by total network power, is expanding its crypto lending and financial services businesses.
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Jun 2, 2020 at 9:21 a.m. UTC
Jun 2, 2020