Mining

$320M in Crypto Stolen! BTC Mining Shut Down in Texas [ Crypto Espresso 02.3.22 ]



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• $320M in Crypto Stolen After Audacious Wormhole Hack

About 120,000 Wrapped Ether tokens were taken in the attack — and the project has pleaded with the hacker to return the funds, promising to pay them a $10 million bug bounty.

• Meta Share Price Plunges as Metaverse Losses Revealed

The company — which owns Facebook, Instagram and WhatsApp — is facing stiff competition from TikTok as it competes to attract younger consumers.

• Bitcoin Could Hit Bottom in the Spring — Fundstrat

Analyst Mark Newton says there are signs that the cryptocurrency is beginning to stabilize after a terrible start to 2022.

• Facebook ‘Wasted Time’ with Diem, Jack Dorsey Says

The former Twitter CEO, a vocal BTC enthusiast, said the social network must learn lessons from its failed experiment — and should now focus on Bitcoin.

Texas BTC Miners Shut Down as Arctic Blast Approaches

The state is hoping to avoid a repeat of the carnage seen in February 2021, when widespread power outages caused extensive disruption.

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