This week in coins. Illustration by Mitchell Preffer for Decrypt. It was a very red week for crypto, with most leading cryptocurrencies depreciating over the seven days as heavyweights like Bitcoin and Ethereum posted double-digit […]
SBI Holdings, the largest online brokerage in Japan, is shutting down its crypto mining business in the Russian Federation. Amid mounting uncertainty over the future of such investments due to the ongoing conflict in Ukraine, […]
The Federal Deposit Insurance Corporation (FDIC) has sent a cease and desist letter to five companies, including crypto exchange FTX US. CEO Sam Bankman-Fried explained that FTX does not have FDIC insurance, stating: “We never […]
The number of Ethereum domain names surges to two million as the Merge date approaches. To draw attention to the recent surge in domain names, ENS developer Nick Johnson contrasted two milestones in ENS history: […]
Celsius’ Chief Financial Officer has said that the embattled lender has sufficient cash to make it to the end of the year. This turn of events comes hot on the heels of a court filing […]
Meme tokens surged at the start of the week due to risk-on sentiment Dogecoin cleared a resistance at $0.072 but is now crashing below Projected Fed action and profit-taking could be behind the latest decline […]
The South African Reserve Bank has released guidelines for local banks to do business with cryptocurrencies and cryptocurrency companies. The document, released by the Reserve Bank’s Prudential Authority, advises banks to employ anti-money laundering and […]
The crypto community is patiently waiting for the highly anticipated Ethereum network upgrade from proof-of-work (PoW) to proof-of-stake (PoS) as The Merge is expected to happen 27 days from now. After Ethereum transitions from PoW […]
“These statements appear to contain false and misleading representations that uninsured products are insured by the FDIC, as well as false and misleading statements about the extent and manner of protection provided by FDIC deposit […]
Bit Mining Limited has announced that it has entered a $9.3 million registered direct offering with specific institutional investors. Bit Mining explained that it aims to use the funds from the offering to expand infrastructure […]
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