According to recent reports, the cryptocurrency news website CoinDesk is mulling over the possibility of being sold as its parent company, Digital Currency Group (DCG), wants to improve its financial ...
Tag: news
BREAKING NEWS: Crypto Lender Genesis Files For Chapter 11 Bankruptcy As Crisis Deepens
Genesis Global Holdco, the parent company of embattled cryptocurrency lender Genesis Global Capital, has filed for Chapter 11 bankruptcy protection, becoming the latest firm to cave in to pressure in ...
Binance linked to illegal cryptocurrency platform Bitzlato
The United States Financial Crimes Enforcement Network (FinCEN), which is a division of the Department of the Treasury, has asserted that there is a connection between Binance and the unlawful cryptoc...
Binance to Increase Presence in Poland in Compliance With Local Regulations – Exchanges Bitcoin News
Binance has unveiled intentions to broaden its activities in Poland, another EU member state where the global cryptocurrency exchange is registered. The coin trading platform plans to develop its Poli...
Why Bitcoin’s Price Rebound Could Signify a Market Bottom
During the third week of January, the price of one Bitcoin (BTC) soared beyond $21,000, reaching a new high point not seen in the cryptocurrency market for four months. This encouraged investors. The ...
Nexo Agrees to Pay $45 Million to SEC and State Regulators for Unregistered Offering of Earn Interest Product – Bitcoin News
The cryptocurrency lender, Nexo, has agreed to pay $45 million to the U.S. Securities and Exchange Commission (SEC) and several state regulators after charges were levied against the firm for failing ...
Breaking News: Crypto Lender Genesis Files for Bankruptcy
Genesis Global Holdco, LLC, the holding company of unsettled crypto lender Genesis Global Capital, filed for Chapter eleven bankruptcy security in New York district court late on Thursday. This was al...
Allegations of fraud against Compass Mining after company cuts ties with Russian
Compass Mining severed its ties with the Russian hosting provider Bit River and did not return Bitcoin mining gear to its customers. The company claimed the reason for its actions as a non-applicable ...
Validator Infrastructure Developer Launches New Fund to Support Ethereum Proof-of
ssv.network, a provider of validator infrastructure, has announced the introduction of a new ecosystem fund to assist Ethereum proof-of-stake decentralisation. The business said that this step will fo...
Ripple CEO ‘Optimistic’ About SEC Lawsuit Over XRP — Says ‘I Feel Very Good About Where We Are’ – Regulation Bitcoin News
Ripple CEO Brad Garlinghouse says that he is “optimistic” that the Securities and Exchange Commission (SEC) lawsuit over xrp “will certainly be resolved in 2023.” He added that it could even be resolv...
1inch Network Launches Hardware Wallet Amid Rise of Self-Cust
1inch Network, a decentralised exchange (DEX) aggregator, is the most recent cryptocurrency platform to enter the hardware wallet business. This development comes at a time when self-custody is becomi...
NYU Professor ‘Dr. Doom’ Says 99% of Crypto Is a Scam — Tells Investors to ‘Absolutely Stay Away’ – Featured Bitcoin News
NYU Professor Nouriel Roubini, aka Dr. Doom, has warned that “99.99% of crypto is a scam, a criminal activity, a total real-bubble Ponzi scheme that is going bust.” He advised investors to “absolutely...
Binance NFT to Delist Assets With Low Trading Volume
The cryptocurrency exchange known as Binance said on January 19 that it has strengthened its policies regarding the listing of nonfungible tokens, often known as NFTs. All non-fungible tokens (NFTs) t...
Hackers exploit Raydium protocol, send $2.7 million
Blockchain security company CertiK issued a warning in which it revealed that an exploiter of the Raydium protocol had contributed 1,774.5 ether (ETH) to the mixer. At the time of this writing, the su...
The Thrill Is Gone at Procter & Gamble: Trade These 2 Stocks Instead
On Thursday morning, consumer staples giant Procter & Gamble (PG) released the firm’s fiscal second quarter financial results. For the three month period ended December 31st, Procter & G...
1inch Network Launches Hardware Wallet for Storing Users’ Private Keys in a Secure Offline Setting – Bitcoin News
The decentralized exchange aggregation service 1inch Network has announced the launch of a cold storage hardware wallet. The team notes that the project is in its final stages of development. The hard...
U.S. sanctions: Customers suing Compass Mining
Compass Mining severed its ties with the Russian hosting provider Bit River and did not return Bitcoin mining gear to its customers. The company cited an inapplicable fine issued by the United States ...
New FTX CEO Discusses Possibility of Rebooting Defunct Crypto Exchange in First Interview Since Taking Over – Bitcoin News
Following recent disclosure that FTX debtors and bankruptcy administrators located $5.5 billion in liquid assets, the new FTX CEO John J. Ray III discussed the business in his first interview since ta...
1inch Network Launches New Hardware Wallet
In response to the growing popularity of self-custody, decentralised exchange (DEX) aggregator 1inch Network has become the most recent cryptocurrency platform to enter the hardware wallet business. T...
Stock Sell-Off Intensifies As Investors Quit Cheering On Bad Economic News
Topline Stocks slipped for a third consecutive session Thursday, with the Dow Jones Industrial Average wiping out all of its 2023 gains following a strong start to January, as the market continued to ...
Ethereum’s transition to proof-of-stake | Blockchain News
ssv.network, a provider of validator infrastructure, has announced the introduction of a new ecosystem fund to assist Ethereum proof-of-stake decentralisation. The business said that this step will fo...
Bitcoin Battles For $21K Following US DOJ News, Volatility Incoming? (BTC Price Analysis)
With Bitcoin’s recent price rally, many assume that the bear market is over. But is it too early to call bottoms? Technical Analysis By: Edris The Daily Chart: On the daily timeframe, the price has be...
FTX’s $5.5 Billion in Alleged ‘Liquid Assets’ Includes Locked SOL Cache and Illiquid FTT Holdings – Bitcoin News
Two days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cry...
Binance tightens NFT rules, announces delistings and KYC
The cryptocurrency exchange known as Binance said on January 19 that it has strengthened its policies regarding the listing of nonfungible tokens, often known as NFTs. All non-fungible tokens (NFTs) t...
Meme Coins Move Lower, With SHIB Declining by 10% – Market Updates Bitcoin News
Meme coins moved lower on Jan. 19, as cryptocurrency markets plunged following recent highs. Shiba inu, which rose to a nine-week high on Wednesday, fell by nearly 10% today. Markets have been largely...
Saudi Arabia Open to Trading in Currencies Other Than US Dollar, Signaling a Shift Toward De-Dollarization – Economics Bitcoin News
After a 48-year relationship solely with the U.S. dollar, Saudi Arabia’s Finance Minister, Mohammed Al-Jadaan, said the kingdom is open to trading in currencies other than the U.S. dollar. The stateme...
ETH, BTC Lower, US Retail Sales Slow – Market Updates Bitcoin News
Ethereum fell lower on Thursday, as cryptocurrency markets continued to react to the latest U.S. retail sales figures. Sales in the United States fell by more than expected, coming in 1.1% lower in De...
Ukraine to Be Best Crypto Jurisdiction With New Tax Rules, Digital Minister Says in Davos – Regulation Bitcoin News
Ukraine will become the world’s best jurisdiction for crypto assets, the minister overseeing the country’s digital transformation promised. Speaking with media at the World Economic Forum in Davos, My...
How Bitget Became a Dark Horse and Earns Market Share and Trust From Millions in Crypto Winter – Sponsored Bitcoin News
sponsored 2022 was one of the roughest years in the crypto industry, which saw the collapse of Terra LUNA, Celsius, and FTX, consequently wiping out over $2 trillion from the crypto market. However, t...
East African Community to Decide on Regional Central Bank Launch in 2023 – Africa Bitcoin News
The East African Community (EAC) will decide during the course of the year 2023 when and where it will locate the envisioned regional central bank, the regional intergovernmental organization’s Peter ...
Aerospace Stocks Are Wall Street Favorites. 1 Analyst Sees a Risk Though.
Aerospace stocks are hot on Wall Street, pushed by analysts who expect the demand in global air travel to keep growing. There is a very real risk to the sector’s rosy year, though—rising interest rate...