[Sep 18 3:45 AM] The rise of decentralized finance is particularly strong in regions with weak banking systems, such as Sub-Saharan Africa, Latin America, and Eastern Europe. Experts believe this is because defi offers financial tools and services traditionally…
[Sep 7 10:30 PM] A report by the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute found that cryptocurrency ownership declined during market downturns, despite price increases in bitcoin. Data from multiple surveys showed that crypto interest…
[Jul 27 5:27 AM] The crypto community remains divided as Zhao attempted to clarify her past actions and emphasize her commitment to transparency and accountability in future endeavors.
[Oct 9, 2023 3:06 PM] The company completed a restructuring in the wake of its decision to exit services related to its MEV-Boost Relay, a type of software used by Ethereum network validators.
[Oct 5, 2023 9:45 AM] Is crypto winter slowly thawing and spring upon us? Thanks to Jennnifer Murphy from Runa Digital Assets sharing their perspective on the crypto market and indicators that the bull may be upon us.
[Sep 28, 2023 3:00 AM] As the crypto market faces constant volatility challenges and regulatory pressures, major cryptocurrencies have experienced significant declines and slowed growth over the years. However, a new chart report has revealed that despite these downward…
[Sep 13, 2023 8:00 AM] The plan, “Alchemy Scale Tier,” will consist of two options that let developers choose how much they want to commit to the platform, both financially and computationally.
[Sep 2, 2023 1:30 PM] The realm of decentralized finance (defi) is grappling with the aftermath of the sweeping crypto market slump that marked the close of August. As it stands, the total value locked (TVL) in defi, pegged at $37.59 billion, has plummeted to a low last…
[Aug 25, 2023 8:00 AM] After Prime Trust filed for bankruptcy protection, the company’s interim CEO Jor Law cited excessive spending, losses on the stablecoin terrausd, and problems accessing customer funds held in cold storage wallets as contributing factors. From Cold…
[Jul 23, 2023 1:30 AM] Copy trading has disrupted the crypto industry and is increasingly the trading strategy preferred by less experienced traders says Gracy Chen, managing director of the crypto trading platform Bitget. While copy trading is gaining popularity…
[Jul 9, 2023 4:30 PM] According to data recorded on July 9, 2023, Bitcoin’s next difficulty adjustment is estimated to rise between 4.74% and 7.7%, erasing the 3.26% reduction that occurred on June 28. Moreover, the total network hashrate achieved a 24-hour…
[Jul 4, 2023 3:30 PM] A recent court filing from the now-insolvent Voyager Digital Holdings and its creditor committee revealed that legal expenses amounting to $16.5 million have accumulated from July 22, 2022, through May 18, 2023. The records indicate that between…
[Jun 21, 2023 5:30 PM] Cleanspark, a publicly listed bitcoin miner, has announced that it has entered into definitive agreements to acquire two turnkey bitcoin facilities in Dalton, Georgia. The deal will be an all-cash payment of $9.3 million and is expected to increase…
[Jun 9, 2023 2:30 AM] African crypto exchange Mara has not only parted ways with a reported 85% of its staff but has cut the salaries of workers that have remained. Although Mara has cast the layoffs as an exercise which aims to remove redundant roles, former employees…
[May 26, 2023 2:00 PM] Digital Currency Group has revealed its decision to sunset its institutional trading platform, Tradeblock, on May 31, 2023. The company attributes the move to the “challenging regulatory environment” and the enduring effects of the…
[May 17, 2023 5:30 PM] The price of SUSHI, the native token of SushiSwap, a decentralized exchange, is down 45% from February 2023, when prices peaked at $1.63, the highest level in six months. SushiSwap Token Redesign This contraction is despite the successful…
[Apr 26, 2023 8:26 AM] With U.S. regulations and policy coming soon, the frauds, scams and irresponsible investment management practices that led to the current market downturn will be things of the past, reasons Paul Brody of EY.
[Apr 14, 2023 9:30 PM] The Nigerian crypto and Web3 startup Lazerpay announced on April 13 that it will cease operations. Co-founder and CEO Njoku Emmanuel said the decision to cease operations was made after Lazerpay failed to successfully close a funding round. The CEO…
[Apr 11, 2023 12:00 PM] It’s been more than 100 days since the end of 2022, and the price of bitcoin has risen more than 80% since then. Over the past 30 days, bitcoin has increased by more than 45% against the U.S. dollar. Despite its recovery this year, after a…
[Apr 4, 2023 3:30 PM] According to a message from Paxful Founder and CEO, Ray Youssef, the peer-to-peer bitcoin trading platform is suspending its marketplace, and the company is uncertain if it will return. Youssef cited challenges such as regulations and some key…
[Mar 26, 2023 3:30 AM] Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto…
[Mar 10, 2023 11:30 PM] According to reports and a filing that shows its name struck off the U.K. companies’ register list, Blockchain.com is sunsetting its Blockchain.com Asset Management subsidiary. A company spokesperson cited deteriorating “macroeconomic…
[Feb 16, 2023 3:00 AM] Digital asset infrastructure provider Taurus has secured millions of U.S. dollars in investment from major banking institutions. The successful funding round comes in the aftermath of negative developments in the crypto space, indicating that large…
[Feb 13, 2023 5:30 PM] Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j Pro miners from Bitmain. Iris Energy…
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