As the investigation into FTX continues, former crypto exchange chief engineer Nishad Singh followed former FTX and Alameda Research executives Gary Wang and Caroline Ellison by reportedly meeting with federal prosecutors to strike a deal. Singh attended a proffer session…
Hong Kong has expressed interest in becoming a global crypto hub as it has decided to favor more crypto companies. Opening up to newer crypto companies or startups can increase crypto retail participation in Hong Kong. Paul Chan, Secretary of…
The price of BNB (Binance coin) found support near $240 against the US Dollar. BNB rallied above $260 and could aim for another upward move towards the $300 level. The Binance coin price started a wave of recovery from the…
Sanctions aimed at the decentralized crypto mixer Tornado Cash have failed to eliminate its use, although it has crippled the service, a blockchain analytics company has shown. On August 8, the Office of Foreign Assets Control (OFAC) announced sanctions against…
This is an opinion editorial by Max Keidun, CEO of peer-to-peer bitcoin exchange Hodl Hodl. The bitcoin lending space has suffered a number of major problems in recent months and years, from the Terra/Luna crash, resulting in Celsius and BlockFi,…
Dogecoin mining profits are higher than bitcoin, according to data from mining calculator website CoinWarz. With the downturn in the market over the past year, the mining industry has been making gains when it comes to profits. This is proven…
Ethereum, like bitcoin, saw a relief rally that pushed the price to a new three-week high. The digital asset is currently trading above $1,300 for the first time since mid-December 2021, and so far, it has been able to hold…
Flare, the new Ethereum Virtual Machine layer-1 blockchain platform, has gone live with the launch of two core protocols aimed at powering decentralized interoperability applications. The platform is an oracle network that allows developers to build applications that aim to…
Hut 8’s bitcoin mining operation in North Bay, Ontario has been shut down after some disagreements with Canada-based energy provider Validus Power. Previously, Hut 8 informed the public about Validus’ problems in November 2022, as the company reported in its…
Amidst the continued fallout from the crypto season, California-based crypto payment channel Wyre has announced a limit on withdrawals for all users. Payment companies join others who have previously limited withdrawals or laid off workers in order to survive in…