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Billionaire Hedge Fund Founder Ray Dalio Steps Down as Co-CIO of Bridgewater Associates
5.10.2022
Billionaire hedge fund founder Ray Dalio has stepped down as chief executive of Bridgewater Associates, according to a transfer of voting rights on September 30. Bridgewater’s co-chief executive explained on Tuesday that “Ray no longer has the final word,” in regard to...
Bitcoin miner profitability under threat as hash rate hits new all-time high
4.10.2022
Analysts say Bitcoin miners’ worst days are probably behind them, but the network's soaring hash rate and uptick in difficulty are weighing on profit margins
UK Shuts Down Temporary Crypto Company Licensing Program
3.10.2022
The time it takes to register a firm depends on the quality of the information provided to the Financial Conduct Authority, the regulator told CoinDesk
9 Out of the Top 12 Crypto Assets Are Down 70% to 90% Lower Than the All-Time Highs Recorded Last Year
2.10.2022
274 days or roughly nine months ago, the crypto economy was worth $2.34 trillion and at $967 billion the aggregate value of all 13,192 crypto assets is $1.48 trillion less. Most of the top digital currencies tapped an all-time price high in November 2021 and today, a great majority of the...
Bitcoin price starts 'Uptober' down 0.7% amid hope for final $20K push
2.10.2022
Bitcoin price action could include a fresh trip to $20,500, but beyond that, the overall trend remains firmly down for traders
SEC Charges 2 Firms and 4 Individuals in Crypto Pump-and-Dump Scheme
2.10.2022
The U.S. Securities and Exchange Commission (SEC) has taken action against two firms and four individuals allegedly perpetrating a crypto pump-and-dump scheme. “Although this case involves crypto assets, it bears the hallmarks of a classic pump and dump scheme,” said the SEC....
Despite the Crypto Market Downturn, DAO Treasuries Grew by $700 Million Since January
1.10.2022
Since January 2022, the entire crypto economy has shed $1.36 trillion in value, as the market capitalization dropped from $2.34 trillion to today’s $979 billion. While the crypto economy is down in value, trade volumes are lower, and the value locked in decentralized finance (defi) has shed...
Bush-Era Torture Apologist Steps Down From Call Of Duty Publisher
1.10.2022
In a past life, Frances Townsend defended the legal basis for the torture method called waterboarding during George W. Bush’s war on terror. In a more recent one, she helped lead Activision Blizzard’s initially tone-deaf response to a major sexual harassment lawsuit by the state of California....
US State Issues Order Freezing Crypto at Exchanges in Pig Butchering Scam Crackdown
1.10.2022
The Delaware Department of Justice’s Investor Protection Unit has issued a cease and desist order against 23 entities and individuals involved in a popular cryptocurrency scam known as “pig butchering.” The order also freezes the accounts allegedly holding cryptocurrencies...
So what if Bitcoin price keeps falling! Here is why it’s time to start paying attention
30.9.2022
Tune out the noise and focus on the signal. 5 important BTC price indicators are in multi-year “buy zones.”
Plus: a game 'Hype' showdown - vampires, or cute kitties?
30.9.2022
Look, it's been a busy week, we have to wind down somehow
Olympus Cuts Down on OHM Inflation to Maintain Sustainability
30.9.2022
At a time, Olympus DAO was popularly known as the ultimate pace setter, where the DeFi 2.0 movement was concerned and deservedly was ruling the roost. Unfortunately, due to various unfavorable circumstances that it faced during this year affected it adversely. Now, to understand Olympus...
Breaking Down the SEC and CFTC’s Autumn Wave of Enforcement Actions
29.9.2022
Critics claim the regulators’ enforcement-first approach sets dangerous precedents in the absence of clear guidance for projects
Bitcoin Mining Industry Reveals Mergers, Hashrate Increases, and New Facilities Amid Market Downturn
29.9.2022
While bitcoin is down more than 72% from the crypto asset’s all-time high, bitcoin mining operations are expanding at a rapid pace during the downturn. On Tuesday, the bitcoin miner Cleanspark said its hashrate has surpassed 4 exahash per second (EH/s), and the Texas mining company Rhodium...
Genesis director to step down and move into advisory role
28.9.2022
"My line is always open and I can’t wait to continue building and learning with all of you," says Ballensweig
Lewd Card Game Gets Shut Down By Kirby Studio
28.9.2022
Haven’t you always wanted to play a card game featuring Kirby’s Chef Kawasaki wearing a series of microscopic bikinis? Me neither, but for a brief shining window this month, you theoretically could thanks to a Japanese fan creating an M-rated card game that delivered exactly that. But that’s all...
Bitcoin price charges higher, but whales line up to sell BTC at $20K
28.9.2022
Analysts claim "mega whales" will make it very difficult for BTC traders to flip $20,000 to support
FTX US President Steps Down Joining a Growing List of Departing Crypto Leaders
28.9.2022
Brett Harrison, the president of FTX US, has joined a growing list of crypto leaders who are leaving their executive roles in the industry.
Brett announced his resignation from the role on the micro-blogging platform Twitter, stating that he expects to transfer his responsibilities and move into...
California Launches Crackdown on 11 Crypto Firms Accused of Operating Ponzi Schemes
28.9.2022
The California Department of Financial Protection and Innovation (DFPI) has cracked down on 11 cryptocurrency companies that are accused of violating California securities laws. Nine of the firms reportedly solicited funds from investors in order to trade cryptocurrencies on the customer’s...
Brett Harrison will step down as FTX US president, move into advisory role
27.9.2022
The soon-to-be-former president said he would continue to assist CEO and founder Sam Bankman-Fried "to ensure FTX ends the year with all its characteristic momentum.”