While bitcoin’s fiat value has dropped more than 70% below the all-time high recorded in November 2021, the price reduction has made it so miners are making fewer profits depending on the devices they operate. […]
Representatives of key European Union (EU) institutions and member states reached an agreement on the Markets in Crypto Assets regulatory proposal. The progress in the negotiations over the comprehensive legal framework for the Union’s crypto […]
Australian energy and resources company Black Mountain Energy has entered into a deal with a U.S. energy company to use gas from fracking to power Bitcoin servers. The initiative will harness the gas emitted from […]
The curtain will fall on Meta Platforms’s embattled stablecoin project after a brief run as a tool for money transfers. The social media platform announced that the Novi digital wallet pilot would end on Sept […]
Wonderland users have overwhelmingly voted to invest $25 million in tokens created by their former Chief Financial Office (CFO), 0xSifu. The vote which closed on Friday showed that 89.27% of respondents were in favor of […]
Key Takeaways KuCoin is rumored to be facing insolvency issues in the fallout from Three Arrows Capital’s collapse. The firm’s CEO has denied the claims, saying that “everything on KuCoin is operating well.” The development […]
Key Takeaways Ethereum has retraced by more than 20% over the past four days. Meanwhile, nearly 193,000 Ethereum has been sent to crypto exchanges. Further selling pressure could trigger a correction toward $600. Share this […]
Crypto investment firm Three Arrows Capital, also known as 3AC, filed for Chapter 15 Bankruptcy Friday, Bloomberg has reported. While not unexpected, the news brings an ignominious end to the prominent, decade-old firm that managed […]
Indira Kempis, senator of the Mexican Congress, has proposed a bill that would make bitcoin legal tender in the country. The bill bases its action on the hardships that Mexican citizens are facing went trying […]
Grayscale Investments, the world’s largest digital currency asset manager, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) challenging the securities regulator’s decision to reject its application to convert the Grayscale Bitcoin […]
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