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Search Results for: genesis

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

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

Cardano Founder Charles Hoskinson Expresses Interest in Buying CoinDesk

Charles Hoskinson, founder of Cardano, said on Friday that he is contemplating purchasing CoinDesk in order to transform it from a cryptocurrency news website into a hybrid of sorts, bringing together news and a community forum. He thinks the asking price of $200 million is too much, despite the fact

January 20, 2023 1 min read

Nexo Pays $45M to Resolve SEC and State Regulator Charges

Nexo Capital Inc, a significant lending platform, has agreed to pay $45 million in penalties to settle charges brought by the Securities and Exchange Commission (SEC) and state regulators. For failing to register the offer and sale of its retail crypto asset leading products, known as Earn Interest products. As

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

US Regulators Strike Down Bitzlato for a $700M Crypto Crime

Hong Kong-origin crypto exchange Bitzlato is shut down by the trio-union regulators – the US Department of Justice, the Treasury Department’s Financial Crimes Enforcement Network (FinCEN), and French Law Enforcement. As per charges, the exchange is subjected to international enforcement action against money laundering and crypto crimes. U.S. Attorney Breon

January 19, 2023 2 mins read

Digital Currency Group Pauses Paying Out Quarterly Dividends

In an effort to preserve liquidity, venture capital company Digital Currency Group (DCG) has informed its shareholders that it would not be paying out its quarterly dividends until further notice. In a letter to shareholders dated January 17th. The company stated its intention on “strengthening our balance sheet by reducing

January 18, 2023 1 min read

DeFiYield 2022 Annual Crypto Scam Report: Almost $50B Lost

NEW YORK–(BUSINESS WIRE)–#Blockchain—DeFiYield.app has released their full 2022 Crypto Scam Report. This special yearly report covers the largest cryptocurrency hacks and scams of the year. We keep you safe and informed. According to DeFiYield’s REKT database, the world’s largest crypto scam database, $48.9b was lost, over 500% increase from 2021.

January 18, 2023 2 mins read

Shiboshis Club & The Bugatti Group Showcases a Combined Venture

The Shiboshis Club & The Bugatti Group are thrilled to showcase a combined venture featuring shiboshis NFT collation with the high-end label Bugatti group on Twitter. Collectively, the collaborators are facilitating a mint where genesis NFT proprietors will be rewarded. Along with several advantages associated with said tokens. 👜 Shiboshis

January 15, 2023 2 mins read

SEC Chairman Gary Gensler Cautions Investors Against Cryptocurrencies

On Wednesday, SEC Chairman Gary Gensler participated in a Twitter spaces conversation held by the United States Army. Where he offered some tips on investing in cryptocurrencies. Gensler warned that most cryptocurrencies “are not complying with securities laws, but they should be.” Describing crypto as a “highly speculative, volatile asset

January 15, 2023 1 min read