Search
Blockchain Association Releases 2023 Annual Report
22.11.2023
The Blockchain Association released its annual report on Wednesday, November 22nd, showcasing the challenges and highlights faced by the crypto sector this year. Driving crypto forward Founded in 2018, the Blockchain Association is a crypto advocacy group spearheaded by CEO Kristin Smith. According...
HTX exchange loses $13.6M in hot wallet hack: Report
22.11.2023
The incident affected the greater HTX, Tron, and BitTorent ecosystem
Setting new standards for crypto exchanges in the post-FTX era: Report
22.11.2023
In an industry that is growing increasingly wary of financial malpractice, which exchange is the most trustworthy?
Bernstein Report: Binance Will Remain the Top Global Crypto Exchange Despite DOJ Settlement
22.11.2023
Source: Adobe Binance, the world’s largest crypto exchange, is expected to maintain its position as the dominant global exchange, even after reaching a settlement with the U.S. Department of Justice (DOJ). According to a research report by broker Bernstein, Binance experienced minor outflows...
Bitcoin Buffeted Then Bounces on Binance/U.S. Settlement Report
21.11.2023
Hurting the mood on Tuesday morning was the DOJ announcement of significant cryptocurrency enforcement actions to come later this afternoon
OpenAI Scrambles to Prevent Staff from Leaving, Having “Intense Discussions” – Report
21.11.2023
Source: Unsplash Top management of artificial intelligence company, OpenAI, are scrambling to “reunify” the organization following the dramatic ousting of co-founder, Sam Altman. According to a report by Bloomberg News, OpenAI’s Vice President for Global Affairs, Anna Makanju, assured...
Tether’s bank partner Britannia sued over $1B deposit — Report
21.11.2023
Tether’s bank partner Britannia is reportedly facing a lawsuit over claims it failed to pay the full price of revenue-generating assets allegedly related to a deposit from Tether
OpenAI seeks to diffuse internal tensions after Altman departure: Report
21.11.2023
Executives at OpenAI have been trying to settle disputes with employees and are in “intense discussions” over how to move forward after the abrupt departure of former CEO Sam Altman
Report: Bitcoin Mining Project Initiates Construction of Hydro-Powered Facility in Nigeria
21.11.2023
A Nigerian startup named Trojan Mining is constructing a hydro-powered facility dedicated to bitcoin (BTC) mining in the African country, according to a recent report. Over the weekend, Trojan unveiled the creation of its mining container, locally produced and designed for a 500-kilowatt (KW)...
Tether’s $1 Billion Deposit With Britannia Financial Subsidary At Center of Legal Battle in London’s High Court
21.11.2023
Source: Adobe/Jim Tether’s deposit of over $1 billion with a financial services firm has come under scrutiny in London’s High Court. According to a Tuesday report from The Financial Times, Tether’s funds were deposited with a subsidiary of investment bank Britannia Financial...
Tencent, Huawei Make Bold Moves in Web3 Amid China’s Crypto Constraints
21.11.2023
Source: LT/Adobe Tencent and Huawei, two major Chinese tech giants, are making notable strides in the Web3 space despite the country’s stringent regulations on cryptocurrency trading. At the Staking Summit in Istanbul, a two-day conference featuring top minds in proof-of-stake (PoS)...
BNB pops after report that DOJ wants $4B settlement with Binance
21.11.2023
BNB hit its highest price since June after Bloomberg reported the Justice Department wanted $4 billion from Binance to end its probe into the exchange
Binance Faces $4 Billion Demand From US Justice Department to Settle Criminal Case: Report
21.11.2023
Cryptocurrency exchange Binance is reportedly facing a $4 billion demand from the U.S. Department of Justice (DOJ) in order to settle a criminal case. The Justice Department has been investigating Binance on allegations related to money laundering, bank fraud, and sanctions violations. US DOJ Wants...
Celsius’ Path to Recovery Hindered by SEC Challenges: Report
20.11.2023
Source: Pixabay Bankrupt cryptocurrency lending company Celsius’ recovery plan has hit a road block with the US Securities and Exchange Commission. Coindesk reported on Monday that the SEC wants more information about the bankrupt crypto lender’s assets, citing a source familiar with the matter....
Digital Asset Funds Record $176 Million Inflows as Market Rebounds: Here’s More
20.11.2023
Source: Adobe / Luisa The digital asset market continues to notch multiple wins in recent months as it recovers losses recorded in previous months with multiple assets soaring to yearly all-time highs. A new CoinShares Weekly Asset Flow report shows a massive increase in investor sentiments over...
OpenAI staff tells board to resign after Sam Altman ousting: Report
20.11.2023
505 out of 700 employees reportedly signed a letter stating that the board has undermined the company’s mission by firing Altman
Crypto exchange Bullish buys 100% stake in crypto media site CoinDesk: Report
20.11.2023
CoinDesk was owned by Digital Currency Group who acquired the media company in 2016 for $50M. The new owner, Bullish, is headed by former New York Stock Exchange president Tom Farley
Report: Crypto Mining Equipment Found in Poland’s Supreme Court
20.11.2023
Prosecutors in Poland’s capital Warsaw recently launched a probe into how cryptocurrency mining equipment was installed in a building housing the country’s Supreme Administrative Court. The chairman of the court’s information department insisted the crypto-mining equipment posed...
Santander offers Bitcoin, ETH trading for Swiss account holders: Report
20.11.2023
High-net-worth individuals of Santander Private Banking International will have access to trade BTC and ETH, according to a report claiming access to a leaked internal communication
Crypto ETP volumes surge 91%, outpacing underlying assets — Report
20.11.2023
Bitcoin accounted for 75% of the total crypto ETP AUM between January and October 2023, according to the publicly-listed crypto firm Fineqia