Tag: Hardware

Mining Hardware Manufacturer Canaan Revenue Drops 82%

Canaan crypto stock reported a revenue drop of 82.1% to $56.8 million in the fourth quarter of 2022 and may fall further. Canaan, the...

1inch Launches new Air-Gapped Hardware Wallet Competing

As the demand for self-custody increased, 1inch network launched its new hardware wallet as compact as a bank card. The FTX collapse has made...

The Inevitable Rise of the Crypto Hardware Wallet

The fear around custodial wallets reached a fever pitch late last year. With FTX’s dramatic collapse, the entire ecosystem rediscovered the value of...

Iris Energy Defaults on $100 Million Loan, Cuts Mining Hardware

Australian Bitcoin miner Iris Energy is set to lose 3.6 Exahashes/second of mining power after defaulting on a $108 million loan. Iris Energy will...