421 / 431 Relevant items tagged with #NEWS
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Hut 8’s Ontario Bitcoin Mining Operation Halted Amidst Power Disputes
[Jan 9, 2023 4:06 PM] The mining company confirmed the operation is still shuttered after contractual disagreements with their power provider, Validus Power.Hut 8’s bitcoin mining operation in North Bay, Ontario has come to a standstill after a set of disagreements with…
FTX Co-Founder’s Alleged Extravagance Comes to Light in Bankruptcy Court Documents
[Jan 9, 2023 12:30 PM] Following the court filing that shows FTX co-founder Sam Bankman-Fried (SBF) wants access to FTX’s $460 million in Robinhood shares, Delaware bankruptcy court documents show tens of millions were spent by the FTX team in 2022 on living…
Bitcoin Lightning Podcasting App Fountain Releases Update Aimed At Improving New Users’ Experience
[Jan 9, 2023 11:06 AM] Amongst other updates designed to make new users’ experience easier, a new software update enables wallet funding directly through the application.Fountain Podcasts, a Lightning-enabled podcast app designed to facilitate value for value…
Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes
[Jan 9, 2023 9:00 AM] The U.S. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading many to question when the central bank will cease or change course. The Fed has stated that it aims to bring inflation down to the 2% target…
Report Claims U.S. Prosecutors Investigate Hedge Funds in Connection with Binance Dealings
[Jan 8, 2023 12:30 PM] Federal prosecutors are reportedly investigating U.S.-based hedge funds that have dealt with the cryptocurrency exchange Binance, according to two people familiar with the matter. The hedge funds were allegedly issued subpoenas by the U.S…
Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious Metal
[Jan 8, 2023 10:00 AM] Gold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% against the U.S. dollar. Over the past 65 days, gold has soared 14.55% while silver has skyrocketed 22.31% against the greenback since Nov…
Wyre Announces Modification of Withdrawal Policy, Pushing Topps to Temporarily Suspend NFT Marketplace Transactions
Report: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis
Chinese Researchers Claim Success in Breaking RSA Encryption With Quantum Computer, Experts Debate Veracity of Discovery
[Jan 6, 2023 5:30 PM] According to reports circulating on the web, 24 Chinese researchers have reportedly succeeded in breaking RSA encryption using a quantum computer. This would be a significant achievement, as RSA encryption is widely used in current security…
Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine
[Jan 6, 2023 1:30 PM] The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports…
US With Highest Number of Closed Bitcoin ATMs in Negative Growth Year
[Jan 6, 2023 6:30 AM] The number of ATMs supporting digital currencies has fallen around the world over the course of a turbulent year for the whole industry. According to a new report, the United States has lost more machines offering crypto teller services than any…
Darknet Forum Dread to Relaunch After Month-Long Downtime Due to DDOS Attack
[Jan 5, 2023 11:30 PM] According to web portal darkdot.com and anonymous journalist Darkdotfail, the popular darknet forum Dread has been down for a month. The well-known forum, which was a place for darknet market (DNM) patrons to discuss operations security, rate…
Report: Fanatics to Sell 60% of Candy Digital Stake Amid Struggling NFT Market
[Jan 5, 2023 5:30 PM] Fanatics, the retailer specializing in licensed sports merchandise, is divesting 60% of its stake in the non-fungible token (NFT) company Candy Digital, according to reports. The company is selling its Candy Digital stake to an investor group…
Three Arrows Capital Founders Served Subpoenas via Twitter in Bankruptcy Process
[Jan 5, 2023 3:30 PM] The founders of the now-defunct cryptocurrency hedge fund Three Arrows Capital (3AC) have been served subpoenas by the fund’s liquidators via Twitter. While serving subpoenas on Twitter is rare, it has happened on various occasions in the…
91% of Cryptos From 2014 Have Died, While Bitcoin Continues To Thrive
[Jan 5, 2023 2:41 PM] The visualization of altcoin deaths shows Bitcoin is the sole standout project amongst various failed scams and “projects.”A recent report by CoinKickoff demonstrates the failures of various altcoin projects throughout the years, and how bitcoin is…
New York Attorney General Sues Celsius Co-Founder Alex Mashinsky for Crypto Fraud
[Jan 5, 2023 1:30 PM] On Jan. 5, 2023, the state of New York and attorney general Letitia James filed a lawsuit against Alex Mashinsky, the co-founder and former CEO of Celsius. The lawsuit claims that Mashinsky and Celsius defrauded “hundreds of thousands of…
Unreported Transactions Linked to Disgraced FTX Co-Founder Revealed by Onchain Investigation
[Jan 5, 2023 11:30 AM] According to onchain research, wallets connected to Sam Bankman-Fried, the disgraced co-founder of FTX, transferred a significant number of previously unreported transactions across various blockchains. The transfers were discovered by Conor…
Hackers Hit Romanian Hospital, Demand Bitcoin Ransom
[Jan 5, 2023 8:30 AM] A hospital in Romania has been targeted in a ransomware attack with the perpetrators seeking payment in cryptocurrency to decrypt its database. The hack prevents the medical institution from reporting to the country’s health insurance fund…
Crypto Exchange Upbit Logo to Appear on Italian Soccer Club Napoli’s Jerseys
[Jan 5, 2023 6:30 AM] Shirts worn by the players of the Italian soccer team Napoli will display the logo of cryptocurrency exchange Upbit. The arrangement is part of a sponsorship deal with Dunamu, the company that operates the coin trading platform, which is one of the…
Crypto Firm Wyre Reportedly Shuts Down After Canceled Bolt Acquisition, CEO Claims Firm Is Just ‘Scaling Back’ Operations
[Jan 5, 2023 12:30 AM] According to several reports, Wyre, a cryptocurrency payments firm, is allegedly sunsetting its business. Wyre’s purported wind down follows Bolt, another payments company, canceling its plan to acquire Wyre in September. Wyre CEO Ioannis…
Ukrainian Pharmacy Chain Introduces Cryptocurrency Payments
[Jan 4, 2023 10:30 PM] A major Ukrainian chain of pharmacies has started accepting cryptocurrency through Binance Pay. The new payment method will be available online, according to the company, which operates hundreds of drugstores across the war-torn Eastern European…
Former CFO Pleads Guilty: Funds Used To Trade Crypto & Meme Stocks
[Jan 4, 2023 2:34 PM] With the prolonged bear market in crypto ongoing, one will think most people should be losing money. While that is true, another thing also true is the increase in crimes in the bear market. On today’s news, the ex-chief financial officer has…
Coinbase Agrees to $100 Million Settlement With New York Financial Regulator for Anti-Money Laundering Violations
[Jan 4, 2023 2:30 PM] Coinbase has agreed to pay a $100 million settlement with the New York Department of Financial Services (NYDFS), according to a consent order signed by the NYDFS superintendent Adrienne Harris on Jan. 4, 2023. New York’s financial regulator said…
Indicted FTX Co-Founder Sam Bankman-Fried Discussed ‘Pandemic Prevention’ With Biden Administration Officials
[Jan 4, 2023 12:30 PM] According to public filings, former crypto billionaire and FTX co-founder Sam Bankman-Fried met with senior Biden administration officials before he was indicted for financial fraud. When asked about the visits, White House press secretary Karine…
U.S. Bitcoin Miner Increased Its Annual BTC Production By 200% In 2022
[Jan 4, 2023 12:15 PM] Cleanspark’s December 2022 mining update examines the company’s year at large as well as the operations of the previous month.Cleanspark, a publicly traded bitcoin miner based in Las Vegas, Nevada, has announced their December 2022 bitcoin mining…
You Can Now Live In This Swiss City Solely On Bitcoin
[Jan 4, 2023 11:19 AM] Lugano, Switzerland makes living on a Bitcoin standard possible with hundreds of merchants that accept BTC.If you’ve ever sought to live entirely on bitcoin, look no further than Lugano Switzerland. The Plan ₿ foundation recently took to…
Former FTX CEO Sam Bankman-Fried Pleads Not Guilty to Criminal Charges, Bond Signees’ Names Remain Sealed
[Jan 4, 2023 9:30 AM] On Jan. 3, 2023, the former FTX CEO Sam Bankman-Fried (SBF) pleaded not guilty to eight criminal charges that involve two counts of wire fraud and six counts of conspiracy. In addition to the not guilty plea, SBF’s judge Lewis Kaplan granted the…
14th Anniversary of Bitcoin’s Genesis Block: A Look Back at the Birth of Cryptocurrency
Fedi Launches Hackathon Celebrating Bitcoin’s 14th Birthday With 2.5 BTC Prize
[Jan 3, 2023 11:17 AM] Fedi is teaming up with Epoch to reward 2.54 bitcoin in a hackathon that aims to boost its Fedimint-based community custody and privacy platform.Technology company Fedi is launching a Bitcoin hackathon that will pay out 2.1 BTC to the winner in…