search
mining sector
Trends
- 1Trump Brought Venezuelan Gold to the U.S., but Refiners Won't Touch It●Trump Brought Venezuelan Gold to the U.S., but Refiners Won’t Touch It
The Trump administration has arranged to bring Venezuelan gold into the United States as part of its brokering of deals in the country's mining sector. According to reporting by The New York Times, the industry is notoriously corrupt, and one of the companies involved has been designated by the U.S. government as a security threat. American refiners are now refusing to process the gold, leaving the administration's arrangement in limbo and raising questions about the deals' oversight.
- 2River Financial Sues Blockstream Over $6.7 Million Mining Dispute●River Financial Sues Blockstream Services Canada Over $6.7 Million Mining Dispute Bitcoin brokerage River Financial has
Bitcoin brokerage River Financial has filed a lawsuit against Blockstream Services Canada, alleging default on a multi-million dollar settlement tied to prepaid mining services. The dispute is valued at roughly $6.7 million. The case highlights lingering financial tensions within the bitcoin mining services sector, and observers are watching to see how the litigation between the two prominent bitcoin companies unfolds.