Core Scientific to hand over 27K rigs to pay $38M debt
The bankrupt crypto mining firm believes that the long-term benefits outweigh the immediate loss of handing over the machines. Crypto...
Month: February 2023
Report: Egyptian Lawmakers Hail Parliament’s Endorsement of Pact to Join BRICS Bank
Egyptian lawmakers recently hailed the parliament’s endorsement of a pact that allows the country to join the New Development Bank,...
Banks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say
Russian banks may be the main losers from the introduction of a digital ruble while retailers will save on acquiring...
Ebay Expands Into NFT and Web3 Space With New Job Openings
The online marketplace giant, Ebay, is seeking to fill several positions in the area of Web3 and non-fungible token (NFT)...
Binance re-enters South Korea with GOPAX exchange
With new capital, Binance plans to enable customer withdrawals and interest payments for Gopax’s yield product GoFi. Major cryptocurrency exchange...
Why did Bitcoin price go down today? BTC traders brace for $23K retest
Bitcoin price gains take a hit from a rising U.S. dollar as excitement over the Fed's rate hike and market...
Ray Dalio says Bitcoin is not the answer, the community responds
The billionaire has historically gone back and forth between having positive and negative sentiments around Bitcoin. While billionaire Ray Dalio...
Logan Paul and CryptoZoo hit with lawsuit as investors take action
Plaintiff Don Holland has filed a lawsuit against CryptoZoo and Logan Paul, alleging the YouTube influencer’s “fraudulent venture” executed a...
FTX customers warned of scammers baiting them with return of assets
Scammers have been trying to trick customers by offering them the prospective return of their assets. Bankrupt crypto exchange FTX...
Nifty News: Bitcoin NFTs cause spicy fees, Mastercard exec tokenizes resignation letter and more
Users are posting massive files to the Bitcoin network via the Ordinals protocol, taking up block space and paying high...
Kraken shuts down Abu Dhabi office, suspends support for AED
Several Kraken employees will reportedly remain in the Middle East and North Africa, with regional managing director Benjamin Ampen likely...
Marathon’s first Bitcoin sale in 2 years not the result of distress
The sale is the first time Marathon Digital has sold its mined Bitcoin since October 2020, but a spokesperson said...
Australia bolsters crypto watchdogs in ”multi-stage’ plan to fight scams
The new measures from the Australian government come as cryptocurrency scams skyrocketed 162% to $221 million in 2022. The Australian...
US Judge Dismisses Customer Lawsuit Against Crypto Exchange Coinbase
A U.S. district judge has dismissed a lawsuit against Coinbase and its CEO Brian Armstrong filed by customers of the...
Charlie Munger Urges US Government to Ban Crypto Like China Has Done
Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, has urged the U.S. government to ban...
