A number of crypto winters have come and gone, but none have been as severe as the one in 2022. There were widespread asset price declines, corporate closures, hacking, and layoffs. Even though we’ve started a whole New Year, the firing frenzy has continued unabated. Bloomberg reported recently that Meta
For masterminding a $100M crypto fraud scheme, the U.S. Securities and Exchange Commission (SEC) stated Monday that it had filed an “emergency action” against Miami investment advisor BKCoin and one of its owners, Kevin Kang. “It successfully obtained an asset freeze, the appointment of a receiver, and other emergency relief,”
The world’s significant crypto exchange, Bybit, revealed the launch of the “Bybit Card”. The debit card allows users to make payments and withdraw cash using cryptocurrency holdings. And is powered by the world’s second credit card giant, Mastercard network, and issued by Moorwand, a London-based payments solutions provider. Bybit co-founder
Shibarium, the layer-2 scalability solution and one of the most highly awaited projects of the Shiba Inu ecosystem, doesn’t yet have a release date, but a lot of developers have already begun building it and saying they will launch it on the platform. DogPad Finance, a launchpad ecosystem, is the
According to a report by Bloomberg, Babel Finance, a crypto lending platform located in Hong Kong, wants to develop a decentralized stablecoin that will be used to repay the firm’s debtors. Babel co-founder Yang Zho is now the company’s sole director. He is at the heart of the restructuring efforts.
Award-Winning Marketer Joins Firm to Drive CoinFund’s Brand Direction and Amplify Portfolio NEW YORK–(BUSINESS WIRE)–Today CoinFund (http://www.coinfund.io), a leading web3 investment firm, announces tech veteran Julie Mossler has joined as its Head of Marketing and Communications. As an award-winning and highly experienced brand leader, Julie will reimagine the firm’s marketing
According to reports, the tech giant Amazon will debut its NFT marketplace next month, with 15 NFT collections accessible right away. Word on the street is that the “Amazon Digital Marketplace” will officially go live on April 24. The service will initially be available to U.S. users only, but expansion
To assist fill the void created by the closure of Silvergate Exchange Network (SEN). Payments processor BCB Group is speeding up plans to offer U.S. dollar capabilities, according to CEO Oliver von Landsberg-Sadie in an interview. In Europe, BCB is headquartered in London. And is the first cryptocurrency company to
Kraken, a struggling cryptocurrency exchange, is apparently edging closer to its concept of founding its own bank. The exchange has made this decision after receiving a penalty from the U.S. Securities and Exchange Commission (SEC) for failing to register its crypto asset staking programme. According to a podcast appearance by
First behind-the-meter bitcoin mining facility powered by 100% nuclear power at scale in the U.S. TeraWulf benefits from a fixed power cost at Nautilus of only $0.02 per kilowatt hour for five years. Company targets total online capacity of 5.5 EH/s (50,000 miners, 160 MW) across its two sites in
