Search
Russian Energy Firms Prepares to ‘Hunt’ Private Crypto Miners
13.5.2024
Russian energy firms are preparing to “hunt down” and crack down on people mining cryptoassets at home, a report claimed on May 12.
The post Russian Energy Firms Prepares to ‘Hunt’ Private Crypto Miners appeared first on Cryptonews
The Xbox Fallout: Breaking Down Microsoft's Worst Gaming Week In Years
10.5.2024
It has been a very bad week for Xbox Game Studios. On Tuesday, May 7, Microsoft announced it would shut down three studios: Redfall developer Arkane Austin, Hi-Fi Rush creators Tango Gameworks, and Mighty Doom studio Alpha Dog Games. On top of this, Roadhouse Games is being absorbed into Elder...
Bitcoin price flash crash raises chance of BTC dip to $54K
10.5.2024
Bitcoin price drops more than 2% in an hour, leading to $127 million in long liquidations
Is DogWifHat Dead? Crypto Expert Tweets $1 Price Target, New Meme Coin WienerAI Raises $1.4 Million
10.5.2024
A top crypto influencer on X believes the popular Solana meme coin DogWifHat ($WIF) could tumble all the way down to a dollar from its current price of $3.17. In a recent tweet, Bluntz Capital (@Bluntz_Capital) cautioned, “price action on this bounce over the last 3 weeks has been slow...
BlockFi shuts down platform, partners with Coinbase for payouts
10.5.2024
BlockFi, which is currently defunct as a business house, plans to close the shutters of its web platform towards the end of the month, link up with Coinbase, and use the company’s services as a distribution associate. As an integral component of the bankruptcy claims procedure, the modification...
Eclipse Labs CEO Steps Down After Sexual Misconduct Allegations Surface
10.5.2024
Eclipse Labs founder and CEO Neel Somani has decided to reduce his public role within the company temporarily amid allegations of sexual misconduct, asserting his innocence and readiness to defend his reputation on the social media platform X, formerly known as Twitter. Eclipse Labs, aiming...
Eclipse Labs CEO Steps Down Following Sexual Misconduct Allegations
10.5.2024
Eclipse Labs founder and CEO Neel Somani, has announced he is "temporarily reducing" his role as a public face for the firm following serious allegations of sexual misconduct.
The post Eclipse Labs CEO Steps Down Following Sexual Misconduct Allegations appeared first on Cryptonews
Bitcoin Price Prediction as ETF Outflows Slow Down – Is the Market Forming a Bottom?
10.5.2024
With Grayscale holding steady and Bitwise recording significant $11.54 million in fresh inflows, the latest Bitcoin price prediction hints at a potential market turnaround.
The post Bitcoin Price Prediction as ETF Outflows Slow Down – Is the Market Forming a Bottom? appeared first on Cryptonews
BTC Price Down 2%, Triggering Liquidation of Over $34M in Bitcoin Longs in Derivatives Shake-Up
9.5.2024
On May 9, 2024, bitcoin’s value faced a decline, hitting an intraday low of $60,634 at approximately 7 a.m. EDT. The latest downturn has led to the liquidation of about $34.79 million in bitcoin long positions across various derivatives markets. As Bitcoin’s Value Declines, Heavy...
Is DogWifHat on the Brink? WIF Price Dips 5% as Focus Turns to This Other Solana Meme Coin
9.5.2024
Popular Solana meme coin DogWifHat ($WIF) is taking a tumble today as falling crypto prices across the board drag many coin prices down. In the last 24 hours, WIF has fallen 4.8% and currently trades at $2.80. That makes it the biggest intraday loser among the top seven meme coins by market...
Hong Kong Cracks Down on Fake Crypto Exchange Allegedly Linked to Elon Musk
8.5.2024
The Hong Kong Securities and Futures Commission (SFC) has warned the public regarding Quantum AI, an entity allegedly engaged in fraudulent activities related to virtual assets and deceiving the public by impersonating Elon Musk.
The post Hong Kong Cracks Down on Fake Crypto Exchange Allegedly...
Monero P2P Trading Platform LocalMonero Closes, Citing ‘Internal and External’ Factors
8.5.2024
LocalMonero, a peer-to-peer trading platform for the privacy-focused cryptocurrency Monero, has decided to shut down its services with immediate effect.
The post Monero P2P Trading Platform LocalMonero Closes, Citing ‘Internal and External’ Factors appeared first on Cryptonews
Bitcoin Lightning Network Infrastructure Provider Mash Is Shutting Down Its Current Version
8.5.2024
In a recent announcement, Mash, a provider of Bitcoin Lightning Network infrastructure, has decided to shut down its current version. This comes nearly two years after Mash successfully closed a $6 million seed round in June 2022 to build out its usage-based revenue model for content creators....
LocalMonero exchange shuts down as crypto privacy services dwindle
8.5.2024
Monero’s version of LocalBitcoins is closing after 7 years of operations serving the XMR community
Crypto Mixers Targeted in U.S. House Democrats' Effort to 'Clamp Down' on Money Laundering
7.5.2024
Several Democrats on the House Financial Services Committee have a bill coming this week to target money laundering through cryptocurrency mixing services, said Rep. Sean Casten (D-Ill.), one of its backers
Hi-Fi Rush Was The Hit Xbox Needed, And It Still Wasn't Enough For Them
7.5.2024
Today, May 7, Xbox announced it’s shutting down three studios and merging another. This includes Redfall developer Arkane Austin and Mobile Doom studio Alpha Dog Games, while Roundhouse Games is being absorbed into Elder Scrolls Online developer ZeniMax Online Studios. But perhaps most shocking...
Galaxis Raises $10M, Doubling Down on Belief That NFTs Will Provide Real Value Everywhere
7.5.2024
As it gears up for its token launch, Galaxis, a Singapore-based Web3 platform, has raised $10 million with participation from Chainlink, Ethereum Name Services (ENS), Rarestone Capital, Taisu Ventures and ENS co-founder Nick Johnson, it announced Tuesday
Australia cracks down on taxes, requests crypto exchange client data
7.5.2024
Australia has escalated its efforts to bolster tax compliance and combat potential tax evasion within the burgeoning cryptocurrency sector by seeking client data from cryptocurrency exchanges operating within its jurisdiction. This latest development underscores the Australian government’s...
Canada’s Tax Authority Targets Crypto Tax Dodgers, Investigating Multimillion-Dollar Cases
7.5.2024
The Canada Revenue Agency is cracking down on crypto, going after C$54m ($39.5m) in suspected unpaid taxes. It is also launching investigations into hundreds of crypto investors.
The post Canada’s Tax Authority Targets Crypto Tax Dodgers, Investigating Multimillion-Dollar Cases appeared first...
CFTC Chairman Says Expect Regulators to Crack Down on More Crypto Firms
7.5.2024
The Commodity Futures Trading Commission chairman Rostin Behnam said cryptocurrency firms can expect to see more enforcement action from U.S. regulators in the next 6 to 24 months as retail interest in the asset class increases.
The post CFTC Chairman Says Expect Regulators to Crack Down on More...