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Bitcoin Miner SAI.TECH Halts Kazakhstan Expansion, Citing Operation and Cost Uncertainties
3.8.2022
Nasdaq-listed Bitcoin miner SAI.TECH has terminated the remainder of its expansion into Kazakhstan in light of uncertainty in the region
B2B Payments Startup Paystand Acquires Mexican Peer Yaydoo
3.8.2022
While the companies will operate independently, there is hope for cross-selling opportunities
Susan Miller Was One of the First Astrologers to Embrace the Internet, now She's Leaning to NFTs
3.8.2022
The astrologer’s zodiac-themed NFT collection and token-gated Discord channel is her first venture into Web3
Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound as Global Markets React to Pelosi’s Visit to Taiwan
3.8.2022
Bitcoin and ethereum were both trading higher on Wednesday, as global financial markets reacted to the tensions caused by U.S. House Speaker Pelosi’s visit to Taiwan. The price of gold dropped by nearly $40 late on Tuesday, after securing a one-month high, while the S&P 500 also faced...
Banking Platform Galoy Raises $4M for Bitcoin-Backed Synthetic Dollar
3.8.2022
Stablesats lets people use Lightning for everyday payments without exposure to short-term volatility
Tax Agency Vows to Go Hard After Koreans Using Crypto to Evade Levies
3.8.2022
South Korea’s tax administration has pledged to take strict measures against tax evasion through virtual assets and platforms. While the Korean government is yet to start taxing capital gains resulting from crypto investment and trading, authorities in Seoul claim cryptocurrencies have been...
Goerli Is Coming: Ethereum’s Last Rehearsal Before the Merge
3.8.2022
The Prater upgrade, the first component of the upcoming Goerli testnet merge, is happening this week
Bank of America Dismisses Assertion That Blockchains Have no Intrinsic Value, Citing Transaction Fees
3.8.2022
The Ethereum blockchain has generated around $3.9 billion in fees this year and Bitcoin $93 million, the report said
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3.8.2022
A simple scroll effect and page transition inspired by Vitalii Burhonskyi's Dribbble shot
Brazil Might Approve Its Cryptocurrency Law This Week
3.8.2022
This week, the Chamber of Deputies in Brazil might approve a cryptocurrency bill introduced earlier this year. According to the leader of the Federal Government in the Chamber, Ricardo Barros, the bill is set to be discussed, but there are still no reports on a possible vote as the Chamber is...
Hackers Send Back $9M to Nomad Bridge After $190M Exploit
3.8.2022
Hackers that exploited the Nomad Bridge have sent around $9 million back to the protocol
SOL Token Holds Price Support After Million-Dollar Hack Brings Bad Optics for Solana
3.8.2022
Early Wednesday, an unknown attacker drained at least $5 million worth of SOL and other tokens from Solana digital wallets
South African Professor Accuses Central Bank Official of Spreading Misinformation That Damages Crypto Industry
3.8.2022
A South African professor, Steven Boykey Sidley, has branded as “balderdash” claims by the South African central bank deputy governor that “90% of cryptocurrency transactions” are illicit. The professor also accused the senior central bank official of spreading...
Socios.com Will Invest $100 Million in FC Barcelona Metaverse Push
3.8.2022
Socios.com, a company dedicated to the development of fan engagement tokens for sports organizations, has revealed that it will invest $100 million in the digital business of soccer team FC Barcelona, Barca Studios. The investment will give Socios.com 24.5% of the stake in the digital division...
Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors
3.8.2022
Singapore-based Vauld will have some breathing space after the country’s High Court gave its parent company creditor protection for the next three months. The decision comes as the troubled crypto lending platform seeks acquisition by rival Nexo. Vauld to Have 3 Months for Restructuring,...
Robinhood Crypto Fined $30 Million by New York Regulator for ‘Significant Failures’ in Multiple Areas
3.8.2022
The New York State Department of Financial Services (DFS) has fined Robinhood Crypto $30 million for “significant failures in the areas of bank secrecy act/anti-money laundering (‘BSA/AML’) obligations and cybersecurity.” Robinhood Crypto Settles With the DFS The...
Solana Wallets Targeted in Latest Multimillion Dollar Hack
3.8.2022
Non-custodial Solana wallet Phantom appears to be the latest victim of an exploit, with users reporting that their funds have been drained unknowingly
New York Attorney General Wants to Hear From Investors Deceived by Crypto Platforms
3.8.2022
New York Attorney General Letitia James has urged investors in her state who believe they have been deceived by a crypto platform to contact her office. “Investors were promised large returns on cryptocurrencies, but instead lost their hard-earned money,” she stressed. Letitia James...
First Mover Asia: Fed Fears and Pelosi Taiwan Trip Reverse Bitcoin's Recent Gains
3.8.2022
The mood in crypto markets had turned sunnier last week, but now any bright hopes for a strong rally are fading. PLUS: The NFT market just isn't what it used to be
Binance US Delists Crypto Token ‘out of an Abundance of Caution’ After SEC Says It’s a Security
3.8.2022
Binance’s U.S. platform is delisting crypto token amp after the Securities and Exchange Commission (SEC) declared it a security. Another crypto exchange, Coinbase, disagreed with the regulator, arguing that the token is not a security. Binance Delists AMP ‘out of an Abundance...