Russian government subsidies crypto mining facility in Siberia
9.2.2023
The facility, which is to open this year, will possess 30,000 crypto mining machines, hire 100 workers and consume 100 megawatts from the power grid
Argo CEO follows resignation trend after company acquisition by Galaxy Digital
9.2.2023
The CEO of the cryptocurrency miner Argo Blockchain is the second executive to step down from the company after its acquisition by Galaxy Digital
5,000 Merchants in India Now Accept Payments in Digital Rupee: Deputy Governor
9.2.2023
5,000 merchants and 50,000 users are now participating in India’s CBDC pilot project, the RBI’s deputy governor has said, noting that the central bank intends to proceed with the project slowly to avoid unwanted fallouts.
Rabi Sankar, Deputy Governor at Reserve Bank of India (RBI), announced...
Celsius’ Proposed Extension for Wind-Up Opposed by Creditors, US Government
9.2.2023
Plans to transform the bankrupt crypto lender into a “recovery corporation” are not a done deal, and the estate could still be liquidated, legal filings warn
Kraken is facing an SEC probe Regarding unregistered securities
9.2.2023
Kraken, the popular crypto exchange, is facing a probe by the Securities and Exchange Commission (SEC) The regulator has filed the probe to ascertain whether Kraken broke securities rules. The SEC is assessing the unregistered securities offered by Kraken during the advanced stage. It can even lead...
Bitzlato Co-Founder Anton Shkurenko Arrested in Russia, Report
9.2.2023
Russian authorities have reportedly arrested the second co-founder of seized cryptocurrency exchange Bitzlato. The man, who recently promised to restore the platform’s operations from Russia, was detained at the request of Interpol and may face extradition to France. Another Co-Founder...
Tron Blockchain Commits $100M in Grants to Artificial Intelligence-Focused Projects
9.2.2023
The commitment comes as AI-focused tokens take over the narrative in crypto circles
Coinbase CEO cites rumors about SEC’s supposed ban on Crypto staking
9.2.2023
Brian Armstrong recently shook the crypto community by talking about the rumors surrounding the SEC. According to the latest Twitter thread by the Coinbase CEO, the SEC might be planning to ban crypto staking for retail customers. The tweets stated how Brian hopes this to be a red herring since...
Cardano Upgrade Aims to Improve Cross-Chain Features as On-Chain DeFi Crosses $100M TVL
9.2.2023
“This upgrade will bring new cryptographic primitives to Cardano, encouraging greater interoperability and secure cross-chain DApp development with Plutus,” IOG said Wednesday
Flux Finance Launches Lending Token Collateralized by U.S. Treasury Debt
9.2.2023
Flux Finance invests in Ondo’s Short-Term U.S. Government Bond Fund (OUSG) a tokenized version of a Blackrock Treasury Bond ETF
CEO of Bitcoin Miner Argo Steps Down
9.2.2023
The troubled mining firm had to sell its biggest facility to stave off bankruptcy
What is decentralized storage, and how does it work?
9.2.2023
Explore the concept of decentralized storage in this informative guide. Learn about the functioning and advantages of a decentralized storage network