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Cypher Says Token Offering Part of Steps to Make Users Whole


The Solana-based digital asset exchange announced on Aug. 23 that it is planning the “most fair” token launch in the history of Solana. According to Cypher, part of the funds raised via the initial decentralized offering will be used “to sustain protocol development, pay...

Bitmain Dispatches Initial KS3 Antminers Amid Surge in Kaspa’s Hashrate


According to Bitmain, the well known crypto ASIC mining rig manufacturer, the company has shipped its first batch of KS3 Antminer machines. Despite each rig costing $49,800, Bitmain sold out of the first batch and announced another batch of KS3 Antminers would be available soon. As Kaspa’s...

Crypto's Initial Hope for Sex Workers Gives Way to New Challenges


Crypto was once one of the best ways for sex workers to get paid. Now, it’s scarcely more supportive of the industry than the banking sector. Joining a slew of banks and payment providers that have shunned the adult industry for decades, regulatory pressure is even encouraging crypto exchanges...

Bankruptcy Tussle Between Crypto Firms FTX and Genesis Nears Resolution 


The long-standing legal feud between FTX Trading and Genesis Global Holdco is taking a turn towards resolution. The two parties have reached an initial agreement, in principle, following bankruptcy protection disputes that have made industry headlines. An official letter to the bankruptcy judge...

Global Crypto ATM Resurgence: Net Growth Rebounds After Initial 2023 Slump


In the wake of over 5,000 crypto ATMs being taken out of service during the initial four months of 2023, the past four months have witnessed a resurgence in global crypto ATM installations. Crypto ATM Landscape Rebounds After Downturn Ever since the debut of the first bitcoin ATM in Vancouver...

Judge Criticizes SEC Approval of Coinbase IPO in Pre-Motion Conference


Southern District of New York judge Katherine P. Failla called to attention the U.S. Securities and Exchange Commission’s (SEC) approval of Coinbase’s Initial Public Offering (IPO), hinting that the agency could have been more thorough. Failla expressed skepticism about the SEC’s...

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