🪙 Crypto and Blockchain News (Feb 29, 2024):

1️⃣ Hut 8: Mining company Hut 8 has announced the commencement of the construction of a Bitcoin #mining facility in Calvert, Texas, with an anticipated hash rate of 3.6 EH/s. It is projected that the construction of the facility, with a power consumption of 63 MW, will be approximately 40% cheaper compared to purchasing. 🏗️

2️⃣ The Block: Investment firm VanEck has launched the #SegMint platform for trading digital assets and NFTs, along with a non-custodial wallet. SegMint, at its launch stage, will serve clients in Europe and Asia, with access restricted for residents of the United States. 🔒

3️⃣ NYDFS: Crypto exchange #Gemini has committed to returning $1.1 million to users of the Earn staking program as part of the settlement of a lawsuit by the New York State Department of Financial Services. To ensure payments, Gemini has agreed to undergo the bankruptcy process. 🤝

4️⃣ CoinDesk: Morgan Stanley is conducting due diligence regarding the addition of spot Bitcoin ETFs to its brokerage platform. This procedure follows the approval of the instrument by the SEC. 🌐

5️⃣ Marathon Digital Holdings: Mining company Marathon Digital Holdings has introduced the second-layer multi-chain platform Anduro for the blockchain of the primary cryptocurrency. ⚙️

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