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Search Results for: TheNewsCrypto

Over 12 Billion LUNC Burnt by Community To Boost Burn Rate

Since LUNC burn rates decreased in December, the Terra Classic community has set its sights on boosting those rates. The LUNC burn rates have also been influenced by the decision of the cryptocurrency exchange Binance to temporarily pause its LUNC burn mechanism until March and to decrease the burn amount

January 10, 2023 1 min read

Ripple Appeal Court to Oppose the SEC’s Motion to Seal

The lawsuit between blockchain firm Ripple and the Securities and Exchange Commission (SEC) has no specific date. And the parties are receiving increased attention from interested parties. And, in particular, defense counsel James Filan has revealed that the Ripple defendants have filed their answer in opposition to the SEC’s Motion

January 10, 2023 2 mins read

Binance Lost $12 Billion in Assets Due to User Withdrawals

Despite the recovery in the cryptocurrency markets following the demise of the FTX exchange, the situation with Binance withdrawals has not yet normalized. According to a recent report from Forbes, Binance has lost $12 billion in assets as a result of users continuing to withdraw money from the exchange.  Binance,

January 10, 2023 2 mins read

Metaverse Game Coin GALA Skyrockets Over 70% in A Day

Gala price skyrocketed to the helm of crypto recovery with over 70% move to $0.0483. Moreover, the metaverse token has surprised the crypto audience with its trading volume surging by 569% to $1,538 million in 24 hours.  GALA Price Skyrockets Over 70% in A Day  Intriguingly, the optimistic outlook for

January 9, 2023 1 min read

Huobi’s Korean Division Reportedly Wants To Go Independent

Huobi Global, Justin Sun’s cryptocurrency exchange, has been said to be having financial difficulties and is facing a number of obstacles. As a momentous turn of events, Huobi’s branch in South Korea, Huobi Korea, reportedly opted to split out from the parent company. Furthermore, Huobi Korea reportedly wants to go

January 9, 2023 1 min read

Charles Hoskinson’s New Hospital Will Accept Cardano (ADA)

Hoskinson Health & Wellness Clinic, named after Cardano co-founder and CEO Charles Hoskinson, will accept ADA, the native token of the Cardano ecosystem, as payment for medical services. When Hoskinson first announced the news a few days ago, he claimed that the hospital will open in February of 2023. The

January 9, 2023 1 min read

Hong Kong Lures Crypto Exchanges and Firms Through Licensing

On Monday, Paul Chan, Hong Kong’s Financial Secretary, reaffirmed the region’s dedication to developing into a major crypto powerhouse. To investigate the possibility of retail engagement in the sector. Hong Kong has also encouraged crypto firms and startups to provide services. As regulators are ready to give licenses to crypto

January 9, 2023 1 min read

Elon Musk Unveils Upcoming UI Modifications of Twitter

Twitter CEO Elon Musk has announced significant upcoming modifications to the service’s user interface (UI). New Twitter capabilities, many of which he revealed, will go out starting next week. Long-form tweets, a bookmark button, and fast swipe navigation between suggested and following content are just some of the new features.

January 9, 2023 1 min read

Core Scientific Announces November and December 2022 Updates

Operated approximately 243,000 and 234,000 owned and colocated ASIC servers in November and December, respectively Produced 1,356 and 1,435 self-mined bitcoin, and 795 and 931 bitcoin for colocation customers in November and December, respectively AUSTIN, Texas–(BUSINESS WIRE)–$CORZ #earnings—Core Scientific, Inc. (OTC: CORZQ) (“Core Scientific” or “the Company”), a leader in

January 9, 2023 5 mins read

Ether Capital Corporation Discloses Information Regarding Portfolio Company Wyre

TORONTO–(BUSINESS WIRE)–$ETHC–Ether Capital Corporation (“Ether Capital” or “the Company”) wishes to disclose information to the market regarding its non-core portfolio company, Wyre, Inc. (“Wyre”). Wyre, a U.S.-based cryptocurrency infrastructure provider, has encountered financial headwinds following the collapse of cryptocurrency exchange FTX and failed acquisition by Bolt, which was terminated in

January 9, 2023 4 mins read
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