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Binance Nearly Shuttered U.S. Exchange to Protect Global Operations: The Information
2.8.2023
As investigations loomed, the board of directors of Binance.US voted on whether to liquidate the company but could not come to a unanimous decision, The Information reported
Anita Sarkeesian Shutters Feminist Frequency, Operations To Cease In Early 2024
1.8.2023
After nearly 15 years, feminist game critic Anita Sarkeesian’s non-profit organization Feminist Frequency will cease operations in early 2024. The news was delivered via official press release with Sarkeesian citing endless burnout and exhaustion from growing the site over the years, which she says...
Crypto․com Granted Registration Approval in the Netherlands
30.7.2023
Digital asset exchange Crypto․com has been approved for registration as a crypto service provider in the Netherlands. The regulatory nod comes after a review of its business operations and compliance with the Dutch anti-money laundering legislation, the company pointed out. Trading Platform...
Stronghold Expands Operation With $3M Acquisition of 2,000 Canaan Bitcoin Miners
27.7.2023
Stronghold Digital Mining announced Thursday it has acquired 2,000 application-specific integrated circuit (ASIC) bitcoin mining rigs from Canaan. The new machines, costing $3 million, will be delivered to Stronghold’s Panther Creek facility in the third quarter. Stronghold Digital Mining...
ECB Tightens Grip With 12th Consecutive Rate Hike; Lagarde Asserts ‘No Cuts’ Amid Lingering Inflation Concerns
27.7.2023
The European Central Bank (ECB) has raised the benchmark bank rates by 25 basis points (bps) citing that inflation was down but still remained “too high for too long.” When ECB president Christine Lagarde was pressed about cutting rates by reporters, Lagard insisted the central bank was “not going...
KuCoin denies mass layoffs, says cuts are part of 'normal' operations
26.7.2023
KuCoin has shut down rumors that it would be laying off 30% of its workforce but admitted there may be some "personnel adjustments" in the future
Latam Insights — Argentina Reaches IMF Agreement, Bitfarms to Open New Mining Operations in Paraguay
25.7.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Argentina reached a new agreement with the International Monetary Fund (IMF), Bitfarms will open two bitcoin mining farms in Paraguay, and Venezuela is...
Crypto lender Delio warns normal operations in jeopardy after asset seizures
24.7.2023
The South Korean crypto lender has had to halt certain interest payments amid a recent investigation resulting in the company and its customers' assets being seized
Worldcoin Migrates to Optimism
24.7.2023
Worldcoin, the decentralized ID and wallet protocol, has migrated its operations to Optimism, an Ethereum L2 scaling layer. With this move, Worldcoin aims to prepare for its future launch, taking advantage of the scalability features that its deployment on Optimism brings, including migrating user...
Nigerian Social Payments Platform Bundle Ceases Crypto Exchange Operations
22.7.2023
The Nigerian social payments platform Bundle said on July 20 it was shutting down its crypto exchange services business and will now focus on its peer-to-peer platform known as Cashlink. Bundle said users must withdraw or convert their digital assets to the stablecoin tether on or before Aug....
Bitget Executive Reveals AI's Optimization of Crypto Exchange Operations
20.7.2023
Cryptocurrency exchange Bitget is using artificial intelligence (AI) in a number of ways to provide better services for users and stay ahead of the curve.
During the Ethereum Community Conference in Paris, Gracy Chen, the managing director of Bitget, revealed that the exchange is utilizing...
Kuwait Regulator Issues “Absolute Prohibition” on All Crypto-Related Operations
20.7.2023
Kuwait’s supervisory authorities – the Central Bank of Kuwait, the Capital Markets Authority, the Ministry of Commerce and Industry and the Insurance Regulatory Unit – have jointly issued circulars banning the use and recognition of virtual assets in the Arab nation....
Read More: Kuwait Regulator...
Bitcoin Miner Bitfarms Expands Operations in Paraguay After Securing 2 Hydropower Contracts
19.7.2023
The company will be able to add up to 150 megawatts of energy capacity through the two agreements
G20’s FSB Pushes for Global Crypto Regulations and Standards Aiming to Curb Crypto ‘Spillover’ Risks
17.7.2023
On Monday, the Financial Stability Board (FSB), a product of the G20 organization, unveiled its proposed guidelines for a global regulatory structure overseeing the operations of crypto assets. The international entity emphasizes that nations should confront the risks cryptocurrencies pose...
AI systems used in deadly military operations in Israel: Report
16.7.2023
The IDF has reportedly employed AI extensively and has increasingly implemented these systems in various units to establish itself as a global leader in autonomous weaponry
Today in Crypto: Multichain Halts Operations Due to Lack of Funds and CEO's Arrest, Indonesia to Launch National Crypto Exchange This Month, US SEC Acknowledges Bitwise's Spot BTC ETF Application
14.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Multichain Halts Operations Due to Lack of Funds and CEO's Arrest, Indonesia to Launch National Crypto...
The Fall of Multichain: A Tale of Unexpected Turbulence and Security Breaches
14.7.2023
In an unforeseen chain of events that unfolded between May and July 2023, the CEO of Multichain, Zhaojun, was apprehended by Chinese authorities, destabilizing the blockchain project. The situation escalated when user assets began to be transferred to unknown addresses. From Seizure to Shutdown:...
Multichain stops operations over lack of funds
14.7.2023
The Multichain team said that the team’s funds and access to servers are currently with their CEO Zhaojun who is under Chinese police custody
Crypto Bridging Protocol Multichain Ceases Operations After CEO, Sister Detained in China
14.7.2023
Multichain said it has been forced to take the action "due to lack of alternative sources of information and corresponding operational funds."
Mawson Infrastructure Group Deploys 2,600 Bitcoin Miners at Newly Secured Pennsylvania Site
6.7.2023
Mawson Infrastructure Group, a publicly-listed bitcoin mining operation, announced on Thursday that it has acquired a new mining site in Bellefonte, Pennsylvania. The company detailed that it has swiftly deployed 2,600 bitcoin miners at the location. Mawson Secures Pennsylvania Site, Deploys 2,600...