In mid-November 2022, Hut 8 stopped mining with 7,000 rigs at a site in North Bay, Ontario due to an ongoing dispute with its energy provider, Validus Power. Hut 8 has now removed all machines from th...
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Crypto.com’s Future in Jeopardy Amid Euro Banking Woes
Crypto.com struggles to provide Euro banking services to EEA users amid digital asset crises. Crypto.com also previously lost the ability to accept USD deposits. The firm allows consumers to purchase ...
Bitcoin has caused $12b in environmental damage. There might be a solution
Can environmentalists and regulators destroy bitcoin’s value? When Tesla stopped accepting bitcoin because of the blockchain’s “increasing use of fossil fuels”, were environmentalists drawing a line? ...
Celsius Network Open For Higher Bids Post NovaWulf Offering
13 seconds ago | 2 mins read Defi News Celsius Network said on Wednesday that it was in talks with another possible buyer. After halting client withdrawals in July, Celsius filed for bankruptcy. Despi...
Ethereum’s NFT gas usage heads towards a two-year low as inscription demand takes over
Definition The relative amount (share) of gas consumed by the Ethereum network by category. Transactions are classified into one of the following categories: NFTs: Transactions interacting with non-fu...
Watchout For Bitcoin Price Ahead
The crypto market is currently bleeding as Bitcoin price leads the bearish momentum. While Bitcoin is struggling to claim its lost $22,000 level, major altcoins have lost more than 80% from their high...
Federal Judge Refuses to Consolidate Class-Action Lawsuits Against FTX Exchange
As a result of the decision taken by United States District Judge Jacqueline Scott Corley to refuse the motion to consolidate the cases, FTX and its defendants will have the right to react to the accu...
Why Solana [SOL] traders should wait for a bounce into the $21 area
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The breakdown beneath $20 meant imbalances on the ...
Bitcoin price levels to watch as trader says ‘lights out’ below $21.6K
Bitcoin (BTC) rested at multi-week support at the March 9 Wall Street open as concerns over a deeper BTC price drop increased. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Trader: $19,70...
Federal Reserve Setting Up New Squad of Crypto Specialists
“While crypto assets are hyped as decentralized, there has been an emergence of new, quite centralized intermediaries that are either not subject to or not compliant with appropriate regulation and su...
Levy On Crypto Transactions To Raise $24M In Biden’s Budget
Biden’s budget plans to lower drug prices, raise some business taxes, reduce fraud and cut wasteful spending. It will also propose changing the tax treatment of cryptocurrency transactions. Even thoug...
Justin Sun’s Huobi and Poloniex merge under Huobi brand
Justin Sun, the founder of Tron, has merged Huobi and Poloniex, creating a new crypto ecosystem that will challenge larger exchanges under the Huobi brand. In the middle of a brutal crypto winter, Jus...
Animoca Brands Partners With Planet Hollywood to Open NFT Club
The new NFT club is being launched in Los Angeles. The one-time Social Membership price is $2,500, while Founding Membership fee is $7,500. On Thursday, Animoca Brands, a company specializing in digit...
The battle for regulatory classification in the crypto world
Ad Non-fungible tokens (NFTs) do not qualify as securities, according to a statement released by the German Financial Supervisory Authority (BaFin). BaFin officials argued that NFTs, which only design...
Federal Reserve Takes Bold Move to Protect Banks from Crypto with Enhanced Guidance and Supervision
In recent years, the rise of cryptocurrency has caused a lot of excitement and controversy in the financial world. While some see it as the future of money, others warn of its potential dangers, parti...
Cardano price analysis: ADA faces trouble at $0.3162 after a bearish retest
The recent Cardano price analysis also reveals that the bearish momentum has been strong, and it is likely to continue in the near future. The price of ADA hit a low of $0.3162 today, down from an int...
Mt. Gox Creditors Given Extra Month to Register Claims, Distribution Deadline Delayed
Mt. Gox was a cryptocurrency exchange that was situated in Tokyo. At one point in time, it was responsible for more than 70% of all Bitcoin transactions. In 2014, the exchange suffered a hacking attac...
Banks with crypto services require new Anti-Money Laundering capabilities
The new year began with the news that notable Web3 entrepreneur Kevin Rose fell victim to a phishing scam in which he lost over $1 million worth of nonfungible tokens (NFTs). As mainstream financial ...
Lionel Messi Supports Web3 Soccer Game Startup Matchday
Matchday has secured an official license from FIFA as well as the FIFPRO players association. It’s working on a suite of Web3 games accessible to most users. The rapid developments within the Web3 eco...
Ethereum Co-Founder Vitalik Buterin Dumps Altcoins Worth 220ETH That Have ‘No Moral Value’
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
CMC Ranks Top 5 Blockchains by Total Value Locked (TVL)
CoinMarketCap has categorized the top five blockchains by total value locked (TVL). The total TVL of the largest blockchains currently stands ta $71.82 billion. Ethereum stands at the top, followed by...
Binance and Coinbase claim zero exposure to Silvergate collapse
Binance, Coinbase, and OKX have declared that they have no investment exposure to the embattled Silvergate Capital. The crypto-friendly lender has announced its winding down operations. Silvergate ent...
KuCoin Enters Strategic Partnership with Octo, a Play-to-Earn Web2 & Web3 Platform with 3 Million Users
VICTORIA, Seychelles–(BUSINESS WIRE)–KuCoin has continued to share its goals in advancing towards Web3, actively seeking out opportunities for bringing the world into a decentralized era. With a major...
ChainLink price analysis: LINK maintains bearish momentum at $6.5
ChainLink price analysis on March 9, 2023, reveals the market is currently experiencing a significant downward trend with decreasing momentum, indicating a negative outlook for the LINK market. The pr...
Shiba Inu Prediction for 2025
The Shiba Inu Coin is currently the cryptocurrency for speculators. In the shadow of the first meme coin, the Dogecoin, the Shiba Inu could see massive gains in 2021. The price explosion has made many...
Coinweb to bring cross-chain tokenisation to Layer 2
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Ad As Layer 2 scaling solutions such as Arbitrum and Optimism are taking center ...
How Biden’s 2024 Budget Outlines Trillions Of Dollars In Proposed New Taxes
Topline President Joe Biden proposed tax hikes in his budget Thursday that could reduce the deficit by $3 trillion over the next decade, according to the White House, with tax increases for billionair...
Cardano, Luna Classic, and Avorak AI Named Best Cryptos For 2023
With the cryptocurrency market constantly changing, predicting the future of crypto can be daunting. But one thing is sure – the top cryptos of 2023 will be Cardano, Luna Classic, and Avorak AI. We’ll...
AMC Stock price: AMC eroded 22% Q4 gains, CEO Warns to sell APE
AMC stock price down by 8% on a weekly basis and lost 22% gains generated after the release of quarterly earnings. On 2 March 2023, during company quarter 4 earnings call AMC Entertainment Holdings (N...