Author: dfmines

A Delaware court has granted a temporary reprieve to a Pennsylvanian Bitcoin mining firm currently in a payment dispute with its hosting company — barring the hosting provider from blocking access and otherwise commandeering the miner’s 21,000 rigs at the property. Vice Chancellor Morgan Zurn granted a temporary restraining order on March 12, requested by Bitcoin miner Consensus Colocation and systems owner Stone Ridge Ventures against Mawson Hosting, which provides hosting and colocation services for Bitcoin miners. The firms have been in disagreement over alleged unpaid fees, the terms of their agreement and Consensus’ plan to relocate, allegedly leading to Mawson blocking the miner’s personnel from accessing the site.  The firms have also alleged Mawson has been operating the rigs since Feb. 28 for their own gain after preventing Consensus from entering the premises. Mawson, however, claims they are allowed to use the rigs under the terms of its agreement with Consensus, and they have the right of first refusal for its relocation plans. The Bitcoin miner has been seeking injunctive relief to regain control of their equipment and prevent Mawson from using them. As part of the March 12 order, Mawson is barred from using the hashrate from the miners and will no longer be allowed to restrict Consensus’s digital and physical access to the rigs in the Midland, Pennsylvania, facility. A Delaware judge has granted a temporary restraining order barring Mawson Infrastructure Group from using the rigs at the Midland, Pennsylvania, facility. Source: Law360The temporary restraining is in force until the matter can be heard in a preliminary injunction hearing.Mawson Infrastructure Group and Consensus Colocation did not immediately respond to Cointelegraph’s request for comment. How the dispute beganIn a March 6 legal complaint, lawyers acting for Consensus accused Mawson of mining Bitcoin (BTC) with their rigs — valued at $30 million — since Feb. 28, generating daily profits of between $100,000 and $200,000 while blocking access to them both physically and through VPN access. Consensus and Stone Ridge signed a colocation agreement with Mawson in December 2023. They agreed to terminate the partnership by the end of March 2025, with a gradual reduction in capacity leading up to the deadline and a removal process scheduled to begin on March 3.Mawson argues that it was owed fees and electricity prepayments for February and March, and its colocation agreement gives it the right to redirect the hashrate of Consensus’ miners and use the proceeds to replenish the deposit.Related: US-Canada tariff flip-flops have Bitcoin miners on their toes“On its face, it was operative only prior to April 1, 2024, and only in narrow circumstances relating to the replenishment of a deposit,” lawyers acting for Consensus said in the suit. “When Mawson began redirecting the hashrate on Feb. 28, the deposit was fully paid. And in any event, Mawson has stolen hashrate worth many times more than the $17,505.45 Mawson claims, without justification, that Consensus owes in purported late fees.”Magazine: Train AI agents to make better predictions… for token rewards

A Delaware court has granted a temporary reprieve to a Pennsylvanian Bitcoin mining firm currently in a payment dispute with its hosting company — barring the hosting provider from blocking access and otherwise commandeering the miner’s 21,000 rigs at the property. Vice Chancellor Morgan Zurn granted a temporary restraining order on March 12, requested by Bitcoin miner Consensus Colocation and systems owner Stone Ridge Ventures against Mawson Hosting, which provides hosting and colocation services for Bitcoin miners. The firms have been in disagreement over alleged unpaid fees, the terms of their agreement and Consensus’ plan to relocate, allegedly leading to Mawson blocking the miner’s personnel from accessing the site.  The firms have also alleged Mawson has been operating the rigs since Feb. 28 for their own gain after preventing Consensus from entering the premises. Mawson, however, claims they are allowed to use the rigs under the terms of its agreement with Consensus, and they have the right of first refusal for its relocation plans. The Bitcoin miner has been seeking injunctive relief to regain control of their equipment and prevent Mawson from using them. As part of the March 12 order, Mawson is barred from using the hashrate from the miners and will no longer be allowed to restrict Consensus’s digital and physical access to the rigs in the Midland, Pennsylvania, facility. A Delaware judge has granted a temporary restraining order barring Mawson Infrastructure Group from using the rigs at the Midland, Pennsylvania, facility. Source: Law360The temporary restraining is in force until the matter can be heard in a preliminary injunction hearing.Mawson Infrastructure Group and Consensus Colocation did not immediately respond to Cointelegraph’s request for comment. How the dispute beganIn a March 6 legal complaint, lawyers acting for Consensus accused Mawson of mining Bitcoin (BTC) with their rigs — valued at $30 million — since Feb. 28, generating daily profits of between $100,000 and $200,000 while blocking access to them both physically and through VPN access. Consensus and Stone Ridge signed a colocation agreement with Mawson in December 2023. They agreed to terminate the partnership by the end of March 2025, with a gradual reduction in capacity leading up to the deadline and a removal process scheduled to begin on March 3.Mawson argues that it was owed fees and electricity prepayments for February and March, and its colocation agreement gives it the right to redirect the hashrate of Consensus’ miners and use the proceeds to replenish the deposit.Related: US-Canada tariff flip-flops have Bitcoin miners on their toes“On its face, it was operative only prior to April 1, 2024, and only in narrow circumstances relating to the replenishment of a deposit,” lawyers acting for Consensus said in the suit. “When Mawson began redirecting the hashrate on Feb. 28, the deposit was fully paid. And in any event, Mawson has stolen hashrate worth many times more than the $17,505.45 Mawson claims, without justification, that Consensus owes in purported late fees.”Magazine: Train AI agents to make better predictions… for token rewards

A Delaware court has granted a temporary reprieve to a Pennsylvanian Bitcoin mining firm currently in a payment dispute with its hosting company — barring the hosting provider from blocking access and otherwise commandeering the miner’s 21,000 rigs at the property. Vice Chancellor Morgan Zurn granted a temporary restraining order on March 12, requested by Bitcoin miner Consensus Colocation and systems owner Stone Ridge Ventures against Mawson Hosting, which provides hosting and colocation services for Bitcoin miners. The firms have been in disagreement over alleged unpaid fees, the terms of their agreement and Consensus’ plan to relocate, allegedly leading to Mawson blocking the miner’s personnel from accessing the site.  The firms have also alleged Mawson has been operating the rigs since Feb. 28 for their own gain after preventing Consensus from entering the premises. Mawson, however, claims they are allowed to use the rigs under the terms of its agreement with Consensus, and they have the right of first refusal for its relocation plans. The Bitcoin miner has been seeking injunctive relief to regain control of their equipment and prevent Mawson from using them. As part of the March 12 order, Mawson is barred from using the hashrate from the miners and will no longer be allowed to restrict Consensus’s digital and physical access to the rigs in the Midland, Pennsylvania, facility. A Delaware judge has granted a temporary restraining order barring Mawson Infrastructure Group from using the rigs at the Midland, Pennsylvania, facility. Source: Law360The temporary restraining is in force until the matter can be heard in a preliminary injunction hearing.Mawson Infrastructure Group and Consensus Colocation did not immediately respond to Cointelegraph’s request for comment. How the dispute beganIn a March 6 legal complaint, lawyers acting for Consensus accused Mawson of mining Bitcoin (BTC) with their rigs — valued at $30 million — since Feb. 28, generating daily profits of between $100,000 and $200,000 while blocking access to them both physically and through VPN access. Consensus and Stone Ridge signed a colocation agreement with Mawson in December 2023. They agreed to terminate the partnership by the end of March 2025, with a gradual reduction in capacity leading up to the deadline and a removal process scheduled to begin on March 3.Mawson argues that it was owed fees and electricity prepayments for February and March, and its colocation agreement gives it the right to redirect the hashrate of Consensus’ miners and use the proceeds to replenish the deposit.Related: US-Canada tariff flip-flops have Bitcoin miners on their toes“On its face, it was operative only prior to April 1, 2024, and only in narrow circumstances relating to the replenishment of a deposit,” lawyers acting for Consensus said in the suit. “When Mawson began redirecting the hashrate on Feb. 28, the deposit was fully paid. And in any event, Mawson has stolen hashrate worth many times more than the $17,505.45 Mawson claims, without justification, that Consensus owes in purported late fees.”Magazine: Train AI agents to make better predictions… for token rewards

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Telegram’s self-custodial wallet, built on the TON blockchain, now supports trading and earning features, expanding access to crypto for its more than 100 million users. The update enhances usability for newcomers and deepens TON ecosystem integration. Telegram Expands TON-Based Wallet With Trading and Earn Capabilities Telegram is pushing deeper into crypto. The messaging giant’s self-custodial […]

XRP price started a fresh recovery wave above the $2.120 zone. The price is now consolidating and might clear the $2.350 resistance zone. XRP price started a fresh recovery wave above the $2.120 resistance zone. The price is now trading above $2.20 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.25 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to move up if it clears the $2.350 resistance zone. XRP Price Eyes Steady Increase XRP price remained supported and started a recovery wave above the $2.00 zone, like Bitcoin and Ethereum. The price was able to clear the $2.050 and $2.120 resistance levels. There was a move above the $2.250 resistance. However, the bears are now active near the $2.350 resistance zone. A high was formed at $2.348 and the price recently started a consolidation phase. There was a test of the 23.6% Fib retracement level of the upward move from the $1.90 swing low to the $2.348 high. The price is now trading above $2.20 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $2.25 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.30 level. The first major resistance is near the $2.350 level. The next resistance is $2.450. A clear move above the $2.450 resistance might send the price toward the $2.50 resistance. Any more gains might send the price toward the $2.550 resistance or even $2.650 in the near term. The next major hurdle for the bulls might be $2.80. Another Drop? If XRP fails to clear the $2.350 resistance zone, it could start another decline. Initial support on the downside is near the $2.250 level and the trend line. The next major support is near the $2.120 level and the 50% Fib retracement level of the upward move from the $1.90 swing low to the $2.348 high. If there is a downside break and a close below the $2.120 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.00 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.250 and $2.120. Major Resistance Levels – $2.350 and $2.450.

Cardano price started a fresh decline below the $0.720 zone. ADA is correcting some losses and might face resistance near the $0.7750 level. ADA price started a recovery wave from the $0.650 zone. The price is trading below $0.720 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $0.7050 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start another increase if it clears the $0.720 resistance zone. Cardano Price Faces Hurdles In the past few days, Cardano saw a bearish wave below the $0.7750 level, like Bitcoin and Ethereum. ADA declined below the $0.750 and $0.720 support levels. Finally, it tested the $0.650 zone. A low was formed at $0.6495 and the price recently started a recovery wave. The price climbed above the $0.6950 and $0.70 level. The price even spiked above the 50% Fib retracement level of the downward move from the $0.8170 swing high to the $0.6495 low. Cardano price is now trading below $0.720 and the 100-hourly simple moving average. There is also a connecting bearish trend line forming with resistance at $0.7050 on the hourly chart of the ADA/USD pair. On the upside, the price might face resistance near the $0.7050 zone. The first resistance is near $0.7520 or the 61.8% Fib retracement level of the downward move from the $0.8170 swing high to the $0.6495 low. The next key resistance might be $0.7750. If there is a close above the $0.7750 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $0.80 region. Any more gains might call for a move toward $0.850 in the near term. Another Drop in ADA? If Cardano’s price fails to climb above the $0.720 resistance level, it could start another decline. Immediate support on the downside is near the $0.6880 level. The next major support is near the $0.650 level. A downside break below the $0.650 level could open the doors for a test of $0.6350. The next major support is near the $0.620 level where the bulls might emerge. Technical Indicators Hourly MACD – The MACD for ADA/USD is losing momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for ADA/USD is now below the 50 level. Major Support Levels – $0.6880 and $0.6500. Major Resistance Levels – $0.7520 and $0.7750.

Key Takeaways: Binance has introduced stricter listing requirements for tokens on its Alpha platform to enhance quality control. Regulatory changes in the EEA, along with Binance’s strategic adjustments, are leading to the delisting of non-MiCA compliant stablecoins. In the fast-moving world of crypto, the exchange aims to strike a balance between innovation and investor protection.…
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