Fri, January 31

Chinese Miner Transfers 5,600 Bitcoin Worth $124 Million to Binance

According to blockchain records, a Chinese miner recently transferred roughly 5,600 bitcoin (BTC), valued at almost $124 million, to the Binance cryptocurrency exchange, a move that might be regarded as a preparation to liquidate the holdings. Earlier this week, analytical company CryptoQuant saw a string of transactions in which Bitcoin

January 21, 2023 1 min read

IMF Authorities Warn of Crypto Impact on Conventional Markets

Global policymakers are becoming more concerned about the unpredictability of cryptocurrency markets. IMF officials Nobuyasu Sugimoto, deputy division chief of the division of financial supervision and regulation, and Bo Li, deputy managing director of the IMF, issued a warning on the potential impact of cryptocurrency market volatility on the global

January 21, 2023 2 mins read

$2 Million Lawsuit Filed Against Compass Mining Dismissed by Court

Compass Mining had its case rejected the day after a group of clients tried to sue the firm for more than $2 million for failing to return their Bitcoin equipment after severing links with a Russian hosting provider. The court has, however, extended the deadline for the plaintiffs to submit

January 21, 2023 1 min read

Bitcoin (BTC) Miners Are Again Making A Profit

The crypto market pioneer Bitcoin (BTC) is surging steadily. The coin has crossed over the $22K limit after four long months. BTC is currently trading at $22,624 at the time of writing. And it is to remember that last time the crypto was in the $22K range during September 2022

January 21, 2023 2 mins read

Goldman Sachs Reportedly Being Investigated by Federal Reserve

The Federal Reserve, according to the WSJ, has begun looking into Goldman Sachs. The publication claims the investigation is focused on whether or not the bank “ramped up consumer lending” with adequate protections in place. It’s no exaggeration to say that Goldman Sachs Group Inc. is among the world’s most

January 20, 2023 1 min read

Google Announces Mass Layoff Eliminating 12,000 Positions

Companies in the conventional IT business have started laying off workers alongside those in the cryptocurrency sector. Microsoft made the decision to lay off 10,000 workers recently. Other well-known companies, such as BlackRock, Amazon, and Meta, have already revealed such initiatives. A further industry leader in technology has just been

January 20, 2023 2 mins read

Bitcoin & Ethereum Signals Surge Even After Genesis Bankruptcy

Prominent cryptocurrencies Bitcoin ($BTC) and Ethereum ($ETH) continuously signal bullish momentum even after the largest crypto lender, Genesis Global, filed for bankruptcy protection. At the time of writing, $BTC traded at $20,956, and $ETH traded at $1550 with notable price surges.  Recently, failures and scandals in the cryptocurrency industry reaching

January 20, 2023 2 mins read

Crypto Developers Number Peaked in the Crypto Winter

Electric Capital released the 2022 Crypto Developers Report. The firm collaborated on the 250 million codecommits from the GitHub repositories. The codes were fingerprinted across the 9000 ecosystems and found the result of the last 14 years. A tragic year in cryptocurrency has initiated opportunities for many new BUIDLers. Cryptocurrency

January 20, 2023 2 mins read

New Hampshire’s Crypto Commission Releases Its Final Report

On January 19, New Hampshire Governor Chris Sununu announced the release of the Governor’s Commission’s final report on cryptocurrencies and digital assets. The “comprehensive” and “timely” crypto report compiled the Commission’s findings and recommendations on the progress of blockchain technologies and the state’s legal stance. In the report, the Commission

January 20, 2023 2 mins read

DCG Owned Media House CoinDesk Reportedly Eyeing Potential Sale

Another media outlet, CoinDesk, has run into problems only hours after it was reported that DCG’s cryptocurrency trading arm, Genesis, intends to file for bankruptcy. DCG’s own media outlet has retained the services of the Lazard Group. As financial consultants in preparation for a sale. CoinDesk would be leaving Barry

January 19, 2023 1 min read
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