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Crypto Exchange Coinbase Stock Is Not Out of the Woods as Market Uncertainty Hovers
10.8.2022
Wall Street lacks conviction on whether or not Q2 was the bottom for Coinbase
DEX Protocol Injective Raises $40M From Jump Crypto, Brevan Howard Unit
10.8.2022
Injective will use the funds to boost the utility of the INJ Token
Elliptic Introduces Product to Track Crypto Flows Across all Blockchains in Single Screening
10.8.2022
The analytics firm says the offering can be a game changer in the fight against exploits on cross-chain bridges, which are used to funnel crypto between different blockchains
Merit Circle Partners Crypto Raiders, an NFT-Based Dungeon Crawler
10.8.2022
Merit Circle has published a blog post announcing that it partnered with Crypto Raiders. Merit Circle will invest $400,000 under the partnership agreement that looks to transition Web2 gamers to the Web3 ecosystem. Crypto Raiders is a fan favorite now entering the growing Web3 gaming community....
MAXUSDT(TRX) Makes Crypto Mining Easier & Secure Than Ever!
10.8.2022
Mining for bitcoins is one of the most lucrative ways to make a consistent income, but there are several challenges and dangers to consider before beginning. In addition, a sizable initial investment is necessary to install all of the necessary mining equipment, construct the necessary cooling...
Avalanche, Akita Inu, & Carlossy Caterpillar: 3 Coins That Could Reverse the Effects of Crypto Winter!
10.8.2022
Entering a period of turmoil for new investors, the cryptocurrency markets are experiencing a decrease in value and trading volumes with the bear market rally. Experienced crypto enthusiasts point out that this period is a buying opportunity; falling coins are gradually included in many...
HypaSwap, the Upcoming DeFi Coin Crypto Analysts Believe Can Surpass Industry Leaders Such as Polkadot
10.8.2022
Decentralized Finance (DeFi) is a sector within the cryptocurrency industry that has recently gained mainstream attention for several reasons. DeFi provides valuable solutions to existing problems in the financial industry, such as inaccessibility, lack of transparency, third-party interference...
Another Rough Quarter Awaits in Q3, Coinbase Warns After Bruising Financial Results
10.8.2022
The crypto exchange giant Coinbase is putting a positive spin on another quarter of sub-par results – and its CEO Brian Armstrong has stated that “across price cycles,” the exchange is still trending upward. But the firm appears braced for another rocky ride in the coming third quarter of FY2022....
Survive The Crypto Winter: Persystic Token, and The Industry Giant, BNB
10.8.2022
Cryptocurrency markets have had a hard time with their investors with shrinkage and depreciation, but cryptocurrency trends have strong signs that this period is over. As stated by many crypto education experts, it is quite clear that the contractions in the market do not last long and that these...
BofA: Coinbase Is Well Positioned to Take Market Share During This Crypto Winter
10.8.2022
JPMorgan is less optimistic than Bank of America about the company in the near term
Reserve Bank of Australia to Pilot Digital Currency, Explore Use Cases
10.8.2022
The monetary authority in Australia is beginning research into the potential economic benefits of issuing a central bank digital currency. Within the project, the regulator hopes to identify use cases and intends to develop a limited-scale pilot. Central Bank of Australia Working on Digital...
Go on an Adventure With 1xBit and Win Crypto
10.8.2022
Time and time again, 1xBit has proven that it is in the business of building clout following. One strategy deployed so far is providing a truckload of regular promotional offers. The recent promotional offer lined up to happen would leave you jumping in excitement as there are many winnings to pack...
Crypto Turmoil Latest: Nuri Files for Insolvency while CoinFlex Files for Restructuring
10.8.2022
The crypto winter continues to claim victims, with German crypto exchange Nuri and Africa-based CoinFlex being the latest to make moves.
Nuri GmbH, one of Germany’s largest crypto exchanges, has filed for insolvency with a Berlin court, the company said in an announcement on Tuesday....
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Kazakhstan Investigates Crypto Mining Hotel Allegedly Operating as Ponzi Scheme
10.8.2022
Authorities in Kazakhstan have launched an investigation into a mining hotel business suspected of being a crypto pyramid as part of an ongoing crackdown on illegal activities linked to cryptocurrencies. The platform, called Bincloud, lured investors through popular messaging apps. Bincloud...
Iran makes $10M import with crypto, plans 'widespread' use by end of Sept
10.8.2022
Prolonged economic sanctions against the Islamic state have forced Iran to start using crypto as a medium of exchange for international trade deals
Thailand Plans to Tighten Crypto Oversight, Giving Central Bank More Powers to Regulate Digital Assets
10.8.2022
Thailand is reportedly preparing to amend its law on digital assets to tighten the oversight of the crypto sector and empower the Thai central bank to oversee the sector. “Right now, the central bank has no room to enter into the regulatory framework except for notifying that cryptos are...
Coinbase posts $1.1B loss in Q2 on 'fast and furious' crypto downturn
10.8.2022
It's the largest quarterly net loss for the crypto company since listing on the Nasdaq Stock Exchange in April 2021
Iran Places First Official Import Order With Cryptocurrency Worth $10 Million
10.8.2022
Iran has placed its first official import order using cryptocurrency worth $10 million, according to a government official. “By the end of September, the use of cryptocurrencies and smart contracts will be widespread in foreign trade with target countries,” the official added. Iran...
German crypto bank Nuri with 500K users files for insolvency
10.8.2022
Nuri stated that it has been facing a “lasting strain” on its business liquidity in 2022 due to “significant macroeconomic headwinds and the cooling down of public and private capital markets.”
Cleanspark Acquires Plug-in-Ready Bitcoin Mining Facility With up to 86 MW of Capacity
10.8.2022
On Tuesday, the bitcoin mining company Cleanspark announced it acquired a plug-in-ready bitcoin mining facility that is scalable to 86 megawatts (MW) of capacity. Presently, the newly opened site in Washington, Georgia, has 36 megawatts, which is expected to give Cleanspark’s hashrate a...