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Bitcoin Rewards Company Fold Expands to El Salvador, Brushing Off Jump in On-chain Fees
15.5.2023
The firm says El Salvador will serve as its base for operations in Latin America
Community-Driven Blockchain Platform Parex Raises US$ 6․5 Million
15.5.2023
PRESS RELEASE. Parex has successfully developed a community-driven DAO ecosystem through its ParexChain, Parex Wallet, RaccoonSwap, Exchange, and other decentralized applications. The company has secured US$ 6.5 million in a new investment round. The funding was provided by DWF Labs that invested...
Binance to Withdraw From Canadian Market Due to Regulatory Climate
13.5.2023
Binance, the world’s largest cryptocurrency exchange by trading volume, announced on Friday that it is “proactively withdrawing from the Canadian market.” The company thanked the regulators who worked with them and said that the Canadian market was “small.” Binance...
Musk Hires New CEO for Twitter, ‘She Will Be Starting in 6 Weeks’
12.5.2023
Billionaire investor Elon Musk will be stepping down as chief executive of Twitter and taking on other roles in the company. The owner of the microblogging platform revealed he has hired a new CEO, media executive Linda Yaccarino, who should be at the helm of the social media giant in less than...
Bitcoin Miner Marathon Receives Second SEC Subpoena in Connection to Montana Mining Facility Investigation
11.5.2023
Marathon Digital Holdings, a publicly-listed bitcoin mining company, has recently revealed that it was served with a subpoena by the U.S. Securities and Exchange Commission (SEC) in relation to an investigation concerning the firm’s Montana mining facility. The SEC is reportedly looking into...
Ripple CEO Says Company Spends $200 Million Fighting SEC Lawsuit Over XRP, Ruling Could Come in 3 Months
9.5.2023
Ripple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its lawsuit over xrp. The executive expects a decision on the lawsuit in three to six months. “If we win the lawsuit, it’ll be clear what xrp is, but the rest of...
US-Based Bitcoin Focused Startup Fedi Raises $17 Million in Series A Funding Round
6.5.2023
Fedi, the U.S.-based fintech which is led by the Nigerian bitcoin advocate Obi Nwosu, said on May 3 that it recently raised $17 million in a Series A funding round. The company said it will use the funds to help it launch what it called the “world’s first federated operating system.”...
US Banking Crisis Looms as ‘Credit Tightening’ Mentions Reach Record Highs on Company Calls
5.5.2023
Recent data reveals that while the banking industry in the U.S. is facing significant challenges, executives are mentioning “credit tightening” more frequently in earnings calls than during the 2008 financial crisis. Additionally, Google Trends data indicates a surge in search queries...
Stronghold Digital Partners With Canaan Subsidiary to Boost Bitcoin Mining Capacity by 400 PH/s
5.5.2023
Stronghold Digital, a leading Bitcoin mining firm, announced the company has entered into a two-year hosting agreement with Cantaloupe Digital LLC, a subsidiary of the bitcoin application-specific integrated circuit (ASIC) manufacturer, Canaan. Under the new partnership, Stronghold Digital plans...
Nigeria Passes ‘National Blockchain Policy,’ Industry Player Says Central Bank Unlikely to Lift Crypto Ban
5.5.2023
The Nigerian Federal government said on May 3 it had passed what it called the “national blockchain policy.” The Nigerian minister of communications and digital economy, Isa Pantami, said the new policy is a product of consultations with 56 institutions and personalities. Lucky Uwakwe...
AX1 Releases Research on Binance Key Project – Trust Wallet
3.5.2023
PRESS RELEASE. AX1 company recently conducted research on the Trust Wallet, a popular cryptocurrency wallet that has gained a significant following in recent years. The research aimed to understand the level of security and trustworthiness of the wallet, and to identify any potential...
Coinbase Launches International Exchange for Bitcoin and Ether Perpetual Futures
2.5.2023
Coinbase, the San Francisco-based cryptocurrency exchange, recently announced the launch of a new service called Coinbase International Exchange. The new platform will enable institutional users outside of the United States to trade bitcoin and ethereum perpetual futures. The company stated in...
Mawson Infrastructure Group Expands to New Bitcoin Mining Site in Ohio, Plans to Boost Hashpower by 1 EH/s
2.5.2023
Mawson Infrastructure Group announced on Monday that the company has secured a new mining site in Corning, Ohio. The bitcoin mining firm, on May 1, 2023, unveiled its plans to set up its miners at the new location by Q3 of this year, with an aim to raise the operation’s hashpower by 1 exahash...
Paypal Upgrades Crypto Services to 60 Million Venmo Users, Allowing Transfers to External Wallets and Exchanges
30.4.2023
After the American financial technology giant Paypal rolled out crypto payments last year, the company is now introducing cryptocurrency transfer services to Venmo users. The firm detailed that Venmo customers will be able to send funds to an existing Paypal account, an external wallet, or a crypto...
Brazil Bans Telegram Temporarily Due to Alleged Lack of Collaboration in Fight Against School Violence
29.4.2023
A federal judge in Brazil has ordered the temporary suspension of Telegram in the country and established hefty fines due to the supposed lack of collaboration of the company in a national crusade against school violence. Telegram failed to deliver information regarding the actions it is taking...
Report: Hackers Breach AT&T Email Accounts, Steal Victims’ Crypto Funds
28.4.2023
Cybercriminals have reportedly breached AT&T email accounts and are using the access gained to steal crypto assets from their victims. While a spokesperson for AT&T has denied claims that hackers have gained access to the company’s internal systems, a report suggests that as much...
Zcash’s Latest Software Release Goes Live
28.4.2023
The new release, version 5.5.0, is part of an effort to “deliver a solid and reliable user experience.”
Coinbase Shares Wells Response, Challenges SEC’s Change in Attitude Towards Its Core Businesses
28.4.2023
On April 27, Coinbase, the crypto exchange based in San Francisco, made public the disclosure of its response to the Wells notice it had received from the U.S. Securities and Exchange Commission (SEC) back in March. The company maintained that the regulatory body’s enforcement actions were...
Iskra Ranks #1 on Dapp Radar Setting the Pace for World of Win’s IGO
27.4.2023
PRESS RELEASE. Web3 game company Iskra unveils the release of its own launchpad for games, the Iskra Launchpad, with World of Win set to be the first project to conduct its initial game offering (IGO) on the platform. The release of the Iskra Launchpad comes right after Iskra dominated the number...
FTX sells LedgerX for $50M to affiliate of Miami-based exchange holding company
25.4.2023
The futures and options exchange was purchased by FTX.US in 2021 to expand its spot trading services. Three other FTX assets remain up for sale