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Blockstream Secures $125 Million in Funding for Bitcoin Mining Operations

25.1.2023
Digital asset infrastructure firm Blockstream has secured $125 million in funding aimed at expanding its bitcoin mining facilities.  Blockstream has received the funding in convertible note and secured loan financing, the company announced in a Tuesday press release, adding that it plans to...

Binance Banking Partner to Ban Crypto Trading Transfers Under $100K

22.1.2023
Clients of one of the banks facilitating fiat operations with Binance will not be able to trade crypto through SWIFT transfers of less than $100,000. The transaction minimum, aimed at reducing exposure to digital assets, will be introduced by the financial institution in February. Bank Working With...

Crypto Lender Genesis Files for Bankruptcy Following SEC Lawsuit

20.1.2023
Crypto lender Genesis, a subsidiary of Digital Currency Group (DCG), has filed for Chapter 11 bankruptcy. The filing followed a lawsuit brought by the U.S. Securities and Exchange Commission (SEC). Genesis claims to have “ample liquidity to support its ongoing business operations...

Binance to Increase Presence in Poland in Compliance With Local Regulations

20.1.2023
Binance has unveiled intentions to broaden its activities in Poland, another EU member state where the global cryptocurrency exchange is registered. The coin trading platform plans to develop its Polish entity, recruit local talent and launch educational initiatives. Crypto Exchange Binance Moves...

Coinbase halts its operations in Japan to review market conditions

19.1.2023
The Japanese arm of Coinbase has published an official blog post to announce that it is halting its operations in the region amid the present market conditions. Coinbase aims to review the business’s operations before moving forward with any other developments. Customers in Japan can deposit...

Bank of Russia Outlines Payment Models With Digital Ruble, Other CBDCs

11.1.2023
The Central Bank of Russia has detailed two methods for implementing the digital ruble and other state-backed coins in international settlements. The monetary authority also plans to start testing consumer-to-business (C2B) operations in the first quarter of the year. Russia’s Central Bank...

Romania Carries Out Raids as Part of Crypto Tax Evasion Probe

8.1.2023
Authorities in Romania have conducted more than a dozen raids against people suspected of hiding income from cryptocurrency operations. The searches took place in late 2022 following an earlier investigation which established that crypto traders had failed to report digital assets exceeding...

Darknet Forum Dread to Relaunch After Month-Long Downtime Due to DDOS Attack

6.1.2023
According to web portal darkdot.com and anonymous journalist Darkdotfail, the popular darknet forum Dread has been down for a month. The well-known forum, which was a place for darknet market (DNM) patrons to discuss operations security, rate specific vendors, and talk about stealth delivery ideas...

Better liquidity operations from Inverse Finance in 2023

4.1.2023
Inverse Finance’s treasury working group, with the close association of the RWG, has successfully been able to chalk out plenty of liquidity-oriented plans of action, in the case of the DAO, ever since the month of April. This activity has been carried out with the sole aim and intention of being...

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