Bitcoin Below $70K After Drop Wiped $1.3B BTC Open Interest
Peter JenningsBitcoin lingered lower on June 7, after a “doubly strange” U.S. trading session, with BTC price support in question. BTC…
Former FTX Executive Ryan Salame to Serve 7.5 Years in Prison
Kimberly CrainOn Tuesday, judges at the Manhattan court ordered the former FTX executive Ryan Salame to remain behind bars for seven…
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Abu Dhabi Authority Bans Crypto Mining on Agricultural Land
The Abu Dhabi Agriculture and Food Safety Authority (AFSA) has imposed restrictive measures on farmers mining crypto. The United Arab…
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Robinhood CEO Pledges to Challenge SEC Claims Following Wells Notice
Robinhood chief executive Vlad Tenev vowed that the fintech firm would defend itself and advocate for its clients following the…
The Top Four Arguments That Support the Recovery of the Bitcoin Price
The price of Bitcoin has successfully bounced back above the $59,000 mark following a recent decline. Analysts are now predicting…
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Sam Altman’s Crypto Project Worldcoin Eying Partnership with OpenAI
As the US regulators extended their enforcement action on digital assets, the key industry players are exploring ways to operate…
Yuga Labs’ Proposed Restructuring Plans Results to Headcount Reduction
In its April 26 report, the developer of Bored Ape Yacht Club Yuga Labs unveiled its restructuring plans. The proposed…
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Payment Provider Stripe Revive Crypto Initiative by Launching USDC Payment
In its Thursday report, the giant payment company Stripe revealed plans to support USD Coin (USDC) payments. The announcement created…
Crypto Advocacy Groups Support Tornado Cash Developer Roman Storm
Following the apprehension of the Tornado Cash developer Roman Storm, the crypto advocacy groups have stepped up to challenge the…
FTX Estate Selling Locked Solana Worth $7.5 Billion
In a recent announcement, the estate of the now-defunct crypto exchange FTX is selling the remaining 41 million locked Solana…
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Hong Kong Company Partners with Ethiopian Investment Holdings to Establish $250M Data Center
After discovering a cheap energy source in Africa, key Bitcoin miners have demonstrated interest in expanding to the region. In…
Analyst Urges Nigerian Authority to Develop Friendly Crypto Licensing Regulation
The growing popularity of digital assets in West Africa obliged the policymakers to address the regulatory gaps in the crypto…
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JPMorgan Classify Stock (COIN) to ‘Underweight’ Rating
The analysts of American investment bank JPMorgan classified the Coinbase stock (COIN) to underweight rating. The latest category portrays a…
Chainalysis Report Shows Crypto Crime Decrease By 29% in 2023
As criminals intensify their activities in the crypto sector investors expressed concerns about the safety of the digital industry. The…
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Socket Protocol Suffers Security Breach Leading to Loss of $3.3 Million
In an official communication dated January 16, the renowned cross-chain protocol Sockets suffered a malicious attack, impacting the loss of…
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Phoenix Prepare For Upcoming Bitcoin Halving, Acquires New Mining Equipments
In an advanced communication, the prominent crypto-miner in Abu Dhabi Phoenix Group revealed plans to acquire new mining rigs. In…