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1 year, 10 months ago
Canaan Inc. Reports 33.7% Increase in Mining Revenue for Q2 2023
Canaan Inc. (NASDAQ: CAN), one of the leading Bitcoin mining companies, has reported its unaudited financial results for Q2, 2023. The company saw its total revenue rise to $73.9 million, a 33.7% increase compared…
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1 year, 10 months agoDCG and Genesis Creditors Reach In-Principle Agreement
The US and EU have imposed sanctions on Russia after it invaded Ukraine last year, banning the acquisition, import, or transfer of coal and other solid fossil fuels. Digital Currency Group (DCG) is now moving…
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1 year, 10 months agoHong Kong's Hashkey Exchange Upgrades License to Offer Crypto Trading to Retail Investors
Hong Kong’s Hashkey Exchange has recently upgraded its license to offer services to retail investors, allowing them to trade Bitcoin (BTC) and Ethereum (ETH) directly with US dollar deposits. The exchange p…
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1 year, 10 months agoBinance Removes Banco de Venezuela from P2P Platform Amid Sanctions
Binance, the world’s largest crypto exchange, has removed Banco de Venezuela from its peer-to-peer (P2P) trading service. This follows similar moves with sanctioned Russian banks last week, and is likely part of e…
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1 year, 10 months agoEmotiCoin Launches Revolutionary Reverse Splits Protocol
EmotiCoin has officially launched its groundbreaking Reverse Splits Protocol (RSP), an event that has been highly anticipated by the crypto community. The team behind the project is comprised of industry veterans…
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1 year, 10 months agoIngsai Finance Inc Secures $80 Million Investment from Grong Capital, Poised for NASDAQ Listing
Ingsai Finance Inc, a USA-based financial services company renowned for its expertise in high-frequency and algorithmic trading, has achieved a monumental stride towards its journey of prosperity. Grong Capital, a…
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1 year, 10 months agoAkropolis (AKRO) Price Surges 441% in a Year, 30% in 24 Hours
The Akropolis Protocol is a decentralized finance (DeFi) protocol that focuses on under-collateralized loans and other financial services. The Akropolis Delphi Token (ADEL) was launched on the Ethereum mainnet in…
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1 year, 10 months agoSEC Enforcement Action on NFT Projects Triggers Debate on Regulatory Clarity
The United States Securities and Exchange Commission (SEC) recently charged entertainment company Impact Theory for allegedly conducting the sales of unregistered securities in the form of nonfungible tokens (NFTs)…
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1 year, 10 months agoJacobi FT Wilshire Bitcoin ETF: First Spot ETF to Apply EU's ESG Investing Rules
The European Union has recently seen the launch of the first-ever spot Bitcoin ETF, issued by London-based Jacobi Asset Management. This fund has been classified as an Article 8 fund, which are those that…
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1 year, 10 months agodYdX Unlocks $14.02 Million Worth of Tokens for Community Treasury and Rewards
Decentralized exchange (DEX) platform dYdX will unlock $14.02 million worth of DYDX (DYDX) tokens dedicated to the community treasury and rewards for traders and liquidity providers. On Aug. 29, dYdX will release…
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1 year, 10 months agoRipple Labs Celebrates Win Against SEC, Upcoming Trial Looms
Ripple Labs is celebrating a major victory against the Securities and Exchange Commission (SEC) in New York City on September 29, 2023. CEO Brad Garlinghouse expressed his excitement for the upcoming event and…
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1 year, 10 months agoDCG Reaches In-Principle Agreement with Creditors of Crypto Lending Subsidiary Genesis
Digital Currency Group (DCG) has reached an agreement with creditors of its crypto lending subsidiary, Genesis. According to a court filing, the estimated USD equivalent recoveries could account for 70% to 90% for…
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1 year, 10 months agoDogecoin Price Could Reach $0.20 if Elon Musk Transforms Twitter into PayPal 2.0
Elon Musk is reportedly planning to transform Twitter into an “updated version of PayPal,” offering low transaction costs. Speculation is that Dogecoin, Musk’s favored cryptocurrency, could become the native curre…
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1 year, 10 months agoExperts Rally Behind Pomerdoge (POMD) Presale, Surpassing Hedera (HBAR) and Pepe (PEPE)
Pomerdoge, a new P2E crypto project, has recently launched a blockchain game called Pomergame. Players can create their own avatars and custom in-game assets to upgrade their characters. They can also sell their…
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1 year, 10 months agoMajor Bitcoin Holders Initiate Significant Outflow from Bybit Exchange
Bybit, a notable exchange in the cryptocurrency industry, has recently seen a large outflow of Bitcoin. On a single day, 12.5k BTC, worth $320M, was withdrawn. This is the largest single-day withdrawal in Bybit’s h…
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1 year, 10 months agoSEC Charges NFT Issuer Over Unregistered Securities Offering
The United States Securities and Exchange Commission (SEC) has brought its first enforcement action against a player in the non-fungible token (NFT) space. The regulator charged Impact Theory, a Los Angeles-based…
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1 year, 10 months agoGenesis Reaches Deal in Principle on Bankruptcy Reorganization Plan
Genesis Global and its affiliates have reached a deal in principle on a bankruptcy reorganization plan supported by creditors, according to a court filing on Tuesday. The cryptocurrency lender aims to emerge from…
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1 year, 10 months agoStargate Deploys on Kava Chain, Expanding Reach of USDt to Ethereum Ecosystem
Stargate, the leading omnichain liquidity layer, has now deployed on Kava Chain, the Cosmos-Ethereum interoperable Layer 1. This integration will expand the reach of Tether’s Cosmos-native USDt to the Ethereum e…
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1 year, 10 months agoBitcoin Price Could Reach $100,000 in Next Cycle: BlackRock's Entry Bullish Signal
Sue Ennis, Vice President of Hut8, recently shared her thoughts on how Bitcoin price will rise above $100,000 in the next year and how the upcoming halving will impact BTC miners. Ennis believes that if Bitcoin…
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1 year, 10 months agoSEC Takes Action Against Impact Theory Over Unregistered NFT Offering
The US Securities and Exchange Commission (SEC) has taken legal action against media and entertainment company Impact Theory for conducting an unregistered offering of crypto asset securities as Non-Fungible Tokens…
