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Search Results for: Cryptocurrency

CoreDAO’s First Stop on MEXC to Leverage Bitcoin (BTC), Ethereum (ETH) Blockchains

MEXC, which claims to be one of the fastest-growing digital currency exchanges, recently revealed that it will be listing CORE, the native token of CoreDAO, a Layer-1 blockchain that aims to leverage the composability of an Ethereum Virtual Machine (EVM) chain, with the decentralization and robust security of the Bitcoin

February 8, 2023 2 mins read

DeFi Protocol CoW Swap Exploited of 551 BNB in Recent Attack

A vulnerability in the smart contracts underlying the decentralized finance (DeFi) protocol CoW Swap has resulted in the theft of around 551 BNB worth around $181,600. The attacker reportedly added a wallet address as a “solver” of CoW Swap. And then used a transaction to authorize DAI transfers to SwapGuard

February 8, 2023 1 min read

Crypto Firm Juno Announces Restart of Services Post Brief Pause

All services of the cryptocurrency platform Juno, situated in Singapore, have been declared to have started again.  Because of problems with its former custodian partner, Wyre, it tightened daily withdrawal restrictions at the beginning of the year and encouraged clients to move their assets into self-custody wallets. In early January,

February 8, 2023 2 mins read

Jim Cramer ‘Reiterate’ on Crypto Bull Market

Jim Cramer, a famed host of CNBC’s Mad Money, stated in his recent Twitter post, “I reiterate it is a bull market”, as he claimed in January that ‘the current bullish cloud lasts for the next few months’. Since the start of 2023, the cryptocurrency market signals a bullish trend.

February 8, 2023 2 mins read

Former Coinbase Product Manager Admits Insider Trading

Ishan Wahi, the former product manager for Coinbase Global Inc (COIN.O), entered a guilty plea on Tuesday in what U.S. prosecutors have dubbed the first insider trading case using cryptocurrency. As per reports, the prosecutors claim that Wahi gave his brother Nikhil and friend Sameer Ramani access to confidential information.

February 8, 2023 2 mins read

TeraWulf Announces January 2023 Production and Operations Updates

Self-mined 157 Bitcoin in January 2023, a >25% increase over December 2022 Deployed fleet of 18,000 miners exceeding hash rate capacity of 2.0 EH/s as of January 31, 2023 Energization of the Nautilus Cryptomine facility remains on track for Q1 2023 Continued focus on expanding to 5.5 EH/s of operating

February 8, 2023 8 mins read

Mining Firms Hut 8 Mining Corp and US Bitcoin Corp Announce Merger

In an all-stock transaction, Hut 8 Mining Corp. of Canada and US Bitcoin Corp. of the United States have declared their intention to merge. Thus, creating a crypto-mining behemoth in North America. Each company’s board of directors has given its stamp of approval to a corporate merger deal. The Board

February 7, 2023 1 min read

Dubai Regulator Issues Regulations For Virtual Asset Service Providers

New regulations for virtual asset service providers (VASPs) in Dubai have been announced by the Virtual Asset Regulatory Authority (VARA). It is the government body in charge of regulating cryptocurrencies there. Irina Heaver, a lawyer specializing in blockchain and cryptocurrencies located in the United Arab Emirates. She has informed that

February 7, 2023 1 min read

Banxa and MetaMask Partner to Make it Easier to Access Web3

Partnership will simplify crypto purchasing for MetaMask users in Canada, Netherlands, Australia, South Africa, and Turkey and reduce fees globally TORONTO–(BUSINESS WIRE)–BANXA Holdings Inc. (TSXV:BNXA) (OTCQX:BNXAF) (FSE:AC00) (“Banxa” or “The Company”), the leading on-and-off ramp solution for Web3, today announced an integration with ConsenSys’ leading self-custody Web3 wallet, MetaMask, to

February 7, 2023 4 mins read

Introducing CoinTracker Connect: The Collaboration Hub Streamlining Engagement Between Tax Professionals and Taxpayers

Coinbase is the First Company to Enhance the Tax Filing Process for Tax Pros and Crypto Users Through CoinTracker Connect SAN FRANCISCO–(BUSINESS WIRE)–CoinTracker, the market leader in cryptocurrency tax and portfolio tracking for consumers, today announced the launch of its newest product: CoinTracker Connect. The novel collaborative hub enables users

February 7, 2023 3 mins read