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Charles Hoskinson Predicts 2024 Will Be the Biggest Year of Growth for Cardano


Cardano’s co-founder Charles Hoskinson has projected 2024 as the biggest year for massive growth in the network’s ecosystem. In a recent broadcast released for the community, Hoskinson noted that it will be a year for growth while highlighting development roadmaps, integrations and strategies to...

Binance’s Zhao Faces US Travel Constraints, UAE Return Postponed


Binance founder Changpeng “CZ” Zhao’s request to travel from the US to the United Arab Emirates (UAE) for personal reasons has been denied by a US federal judge, a recent court filing has revealed. The request, filed on January 23 and related to the “hospitalization...

Taiwan’s ACE Exchange in Hot Water as Prosecutors Expand Fraud Probe


Taiwanese prosecutors have expanded their investigation into ACE Exchange, requesting the detention of Chenhuan Wang, the president of the platform. The prosecutors have accused Wang of money laundering and fraud in connection with the alleged fraudulent activities orchestrated by David Pan,...

Report: Bitcoin Mining Sustainable Energy Usage Reaches 54.5%


Daniel Batten, co-founder of CH4 Capital, reported that bitcoin mining has reached all-time high levels of sustainable energy usage and emissions mitigation. According to Batten, 54.5% of the energy used for this activity is sustainable, and the industry is mitigating 7.3% of all its emissions...

Tornado Cash Co-Founder Braces for Precedent-Setting Trial in US


Roman Storm, facing multiple federal charges related to his role in the creation of Tornado Cash, is bracing for a trial in the United States. Scheduled for September 2024, the trial could have far-reaching implications for the crypto industry and digital privacy laws. Roman Storm Pledges Vigorous...

BitRiver – Bitcoin Mining More Profitable in Russia Than US


The head of Russia’s biggest crypto mining firm says that Bitcoin (BTC) mining is more profitable in his country than in the United States – and that halving will only heighten the discrepancy. Per RBC, Igor Runets, the Founder and CEO of BitRiver, said the difference would likely become more...

Alameda Research Drops Lawsuit Against Grayscale Amid GBTC Outflows


Alameda Research Ltd., the hedge fund associated with the bankrupt cryptocurrency exchange FTX, has voluntarily dropped its lawsuit against Grayscale Investments amid GBTC outflows. According to court filings from January 22, Alameda opted out of suing Grayscale, its CEO Michael Sonnenshein,...

Terraform Labs Files for Bankruptcy in US Amid SEC Lawsuit


Terraform Labs has filed for Chapter 11 bankruptcy in the U.S. amid ongoing litigation with the U.S. Securities and Exchange Commission (SEC). The company stated in its bankruptcy filing that “funds will be available for distribution to unsecured creditors.” Meanwhile, Terraform Labs...

Tron Founder Justin Sun Withdraws Altcoins Worth $60M in One Month


Source: Adobe / prima91 Justin Sun, founder of Tron and HTX advisor, has reportedly withdrawn $60 million worth of altcoins from Binance exchange in a span of one month. Per data from Lookonchain, Sun withdrew the maximum assets in Ethereum (ETH) worth $43 million, followed by $6.7 million worth...

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