Canaan revealed an 82% revenue drop in the Q4 report. Its shares dropped by 3.83% on Wednesday. The Beijing-based crypto mining rig maker, and a leading high-performance computing solutions provider, ...
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Biden budget proposes 30% tax on crypto mining electricity usage
A phased-in 30% tax on cryptocurrency mining electricity costs has been proposed by United States president Joe Biden in his administration’s 2024 fiscal year budget. A Department of the Treasur...
Bitcoin Bounces at $20,000 As Biden Administration Fights 50 Million American Citizens Who Own Cryptocurrency
Bitcoin just bounced off a historic line of support at $20,000 as the Biden Administration launches an all-out assault on cryptocurrency and the 50 million registered American voters who own digital a...
Amazon’s Plan to Tie Real-World Assets to Tokens and NFTs
Amazon, the world’s largest bookstore, has announced plans to tie real-world assets bought on Amazon to tokens and NFTs. If history repeats itself, Amazon could become the world’s largest seller of NF...
OlympusDAO wants to bring more utility to OHM, thanks to OIP 133
The DAO wants to reduce the stake interest of OHM. More addresses have gotten active as the proposal gets ready for community votes. By putting out a new proposal, OlympusDAO is now working toward exp...
SIVB, ORCL, GPS and more
In this photo illustration of the TradingView stock market chart of SVB Financial Group seen displayed on a smartphone with the SVB Financial Group logo in the background. Igor Golovniov | Lightrocke...
Bakkt’s Q4 earnings dragged down by goodwill impairment charge of $272 million
Bakkt reported an increase in revenue and expenses in the fourth quarter, driven by another large impairment charge. Revenue came in at $15.6 million, below FactSet estimates of $16 million, but...
Founder of BitMEX Is Proposing a Bitcoin-based Stablecoin
The proposed NUSD stablecoin won’t depend on any USD reserves. Instead, it will solely depend on derivatives exchanges that list liquid inverse perpetual swaps, Hayes said. Although the US regulators ...
Ether is a security, NY Attorney General says
Letitia James, the attorney general for the state of New York, filed a lawsuit against KuCoin, alleging that the Seychelles-based cryptocurrency exchange is breaking the law by offering tokens, such a...
Biden budget proposal aims to reduce deficit by $74M in 2024 via energy tax on crypto miners
U.S. President Joe Biden’s budget and associated tax proposals could impact cryptocurrency miners, according to the White House’s 2024 budget paper. The budget specifically proposes imposi...
New York Attorney General Sues KuCoin, Claims Ethereum Is a Security
The New York Attorney General’s office today filed a lawsuit against cryptocurrency exchange KuCoin for allegedly violating securities and commodities laws in the state. In the complaint, Attorn...
Kelsey Trainor And Human Rights Campaign Ready T O Invest In All Women
Invest in Women. Pay Women. Hire Women t-shirt design gets a rebrand for International Women’s Day. Human Rights Council The Human Rights Campaign has announced their partnership with women’s sp...
Investors might have avoided FTX if the SEC had addressed Bitcoin ETFs, says BitGo CEO
The collapse of crypto exchange FTX and other bearish events in the space were at the center of discussions among lawmakers and witnesses at the inaugural hearing of the United States House Committee ...
Drink Coffee, Eat Gelato And Milk A Goat At Sweet Land Farm In Hawaii
Saturday morning in the agricultural countryside of Waialua a small group huddles around a TV watching 15 goats march up a ramp. As the goats of Sweet Land Farm file into their prospective feeding sta...
Voltz Labs CEO: DeFi Innovation Is Moving Offshore Because of US Regulatory Severity
Voltz Labs CEO: DeFi Innovation Is Moving Offshore Because of US Regulatory Severity Voltz Labs Co-founder and CEO Simon Jones talks to Decrypt’s Jason Nelson at ETH Denver about using DeFi for ...
Yadi Molina Hopes To Guide Team Puerto Rico To First Title In World Baseball Classic
Yadier Molina, who homered for Puerto Rico in the 2017 version of the tournament, is now trying to … [+] win it as a manager. (AP Photo/Gregory Bull) Copyright 2017 The Associated Press. All rig...
Signature Bank’s Stock Sinks 10% as Silvergate Prepares to Shut Down
Shares of Signature Bank fell Thursday after Silvergate, another leading bank for crypto firms, said it plans to wind down operations. Signature’s stock price fell upwards of 10% to around $92.40 per ...
New Music Industry Numbers From RIAA And Edison Research Show Growth Slowing
Detail of the Youtube Music streaming app on the screen of a Samsung Galaxy Tab, taken on October 6, … [+] 2021. (Photo by Olly Curtis/Future Publishing) Future Publishing Two of the most import...
NY AG sues KuCoin for selling securities and commodities without registration
New York state Attorney General Letitia James announced that she has filed suit against cryptocurrency exchange KuCoin after she was able to buy and sell crypto on the exchange, which is not registere...
Disney Park Pricing Was ‘Too Aggressive’ And Hulu Might Be Worth Selling
Topline Disney CEO Bob Iger admitted Thursday the company’s move to raise customer pricing at resorts might have been a “little too aggressive,” as he mulled a future for the company that might not in...
The Cast And Crew Of ‘The Glory’ Discuss Part 2 Of Their Hit Drama
In ‘The Glory’ Song Hye-kyo plays Dong-eun, a woman seeking revenge. Netflix To celebrate the release of The Glory, Part Two, on March 10, writer Kim Eun-sook, Director Ahn Gil-ho, plus ac...
Bitcoin miner reserves drops, bearish signs emerge
The quantity of Bitcoin (BTC) held in reserve by mining companies has reached lows last seen in October 2022. Miner reserves important in bitcoin market According to on-chain analytics company Crypto...
XDC Network surpasses polkadot in total value locked on CoinMarketCap
Blockchain platforms are pioneers in creating and managing an array of web3 functions. The industry consists of several networks that provide a novel user infrastructure. XDC Network, a platform popul...
Silvergate Crypto Bankruptcy: Why did Silvergate Crash?
Silvergate Capital, a California-based bank, has announced that it will begin the process of “winding down” its operations and voluntarily liquidating its bank after a collapse in the crypto market sa...
Hut 8 Increased its Bitcoin Holdings by 65%, Yet Revenue Plunged
Canada-based cryptocurrency miner – Hut 8 Mining – released its financial results for the year and quarter that ended December 31st, 2022. The company managed to increase its mining production by over...
Blockchain.com suspends its asset management subsidiary launched in April: Report
Cryptocurrency financial services company Blockchain.com will suspend operations of its asset management subsidiary, according to a Bloomberg report published March 9. The service had existed less tha...
New York Attorney General Files Lawsuit Against Kucoin and Declares Ethereum a Security – Bitcoin News
On March 9, 2023, New York attorney general Letitia James announced that her office had once again cracked down on crypto platforms by filing a lawsuit against the Seychelles-based crypto exchange Kuc...
Bitcoin price hammered, cryptocurrencies fall with tech liquidity concerns
Cryptocurrency prices are falling and there may be problems with market liquidity, especially for tech companies, and risk assets. Bitcoin and the crypto marker is under heavy selling pressure as the ...
Voyager Continues Liquidating Crypto Assets for Circle’s USDC Stablecoin
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On-Chain Prediction Markets: How to Make Them Work For You
People bet on the outcome of events using On-chain prediction markets, Decentralized Finance services built on a blockchain network. Through on-chain prediction markets, users can buy and sell tokens ...
JPMorgan Remains Negative on Crypto. Here’s Why
Alex Dovbnya JPMorgan, one of the world’s largest investment banks, has maintained its negative stance on the cryptocurrency market in a recent report JPMorgan, one of the world’s largest ...
New York sues KuCoin, claims ether is an unregistered security
New York Attorney General Letitia James has sued digital asset exchange KuCoin for violating New York laws governing the trading of securities and commodities, and named ether, among other tokens, as ...