Tue, October 6

Search Results for: Cryptocurrency

Taiwan Appoints Regulatory Body To Increase Oversight of Crypto Sector

In response to growing calls for government oversight of the cryptocurrency sector. Taiwan, officially the Republic of China (ROC) on Monday appointed its top financial regulator as the primary agency responsible for doing so. Chairman of the Financial Supervisory Commission Huang Tien-mu has said that the financial regulator would first

March 20, 2023 2 mins read

TeraWulf Announces it Has Deployed BITMAIN Miners at the Nuclear-Powered Nautilus Facility

EASTON, Md.–(BUSINESS WIRE)–$WULF #Bitcoin–TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, domestic Bitcoin mining facilities powered by more than 91% zero-carbon energy, today announced that the Company is deploying solely BITMAIN Technologies Ltd. (“BITMAIN”) manufactured mining equipment to fill its 50 MW of capacity

March 20, 2023 6 mins read

Web3 Gaming Studio Shrapnel Chooses Bitwave to Streamline Its Crypto Accounting Operations

Bitwave helps Shrapnel simplify its finance operations to ensure focus on innovation in the Web3 gaming industry SAN FRANCISCO–(BUSINESS WIRE)–Bitwave, the first enterprise-focused digital asset finance platform designed to manage the intersection of cryptocurrency tax, accounting, and compliance, announced today that it is working with Shrapnel to help the Web3

March 20, 2023 4 mins read

Prominent Crypto ETP Issuer 21Shares Suspends Several Offerings

Due to insufficient investor interest, 21Shares, a crypto ETP issuer located in Switzerland, would allegedly shut down five of its funds and delist another. According to Arielle Pennington, the company’s head of global communications, the company will keep offering its other products, which are in high demand. Bloomberg reports that

March 20, 2023 2 mins read

Subsidiary of New York Community Bancorp Acquires Signature Bank

With the approval of American regulators, a division of New York Community Bancorp has agreed to buy deposits and loans from the recently shut down Signature Bank in New York. Flagstar Bank, a wholly owned subsidiary of Flagstar Bank, was announced by the FDIC to have agreed to acquire essentially

March 20, 2023 1 min read

Core DAO (CORE) Price Soared Over 10%

Core DAO, a layer-1 blockchain running on a combined Proof-of-Work (PoW) and Delegated Proof-of-Stake (DPoS) consensus mechanism known as “Satoshi Plus”, once again sparked Crypto Twitter with more than 11.5K tweets in just 24 hours. Following the trends over social media, the Core DAO token CORE price surged over 10.34%

March 20, 2023 1 min read

UBS Acquires Credit Suisse Bank for $3 Billion

Switzerland Country’s second-largest private lender Credit Suisse Bank sold to UBS for $3 Billion. The Credit Suisse Group announced it entered a merger agreement with UBS today. Under the terms of the merger agreement, all the shareholders will get 1 share of UBS for 22.48 shares in Credit Suisse. According

March 20, 2023 1 min read

Bitcoin’s Bear Market Ends, Was $28k the Evidence?

Bitcoin (BTC) marked this year’s second high above $28,000 in the last 24 hours. Previously, BTC charted a high of $25,512 at the beginning of 2023. Amid global bank runs, Bitcoin’s bull run powers up the cryptocurrency market’s recovery.  Notably, at press time, the Bitcoin fear and greed index stood

March 20, 2023 2 mins read