At the Bitmain World Digital Mining Summit (WDMS) in Hong Kong, the common narrative around miners’ handling of block rewards and its effect on Bitcoin’s price was challenged. Jeff Taylor of Core Scientific revealed that they have built a 10,000 Bitcoin hoard and sell their Bitcoin production each day. This insight debunked the belief of […]
Dogecoin ($DOGE), Fetch AI (FET) and Anarchy (ANA) are three of the top cryptos to purchase in 2023. Dogecoin, the pioneer of meme coins, has a market capitalization that places it among the top cryptocurrencies in the market. Fetch AI is an open infrastructure for smart, autonomous services and is gaining popularity due to its […]
Minswap, the largest decentralized exchange on Cardano, has seen a surge in various metrics after months of low activity. According to DappRadar, Minswap’s unique active wallets and transaction count increased by 89.85% and 63.05%, respectively, over the past seven days. The volume was also up by 16%. During the same period, Minswap added 11.29k unique […]
Ripple, a payments technology company, recently held a “Victory Party” to celebrate its partial win in court against the SEC. The event was a lavish one, with legendary rock musician Lenny Kravitz performing. Ripple CEO Brad Garlinghouse gave an impassioned speech, recognizing key personalities in the Ripple team and thanking the XRP community for their […]
Bitwise is set to launch two Ethereum-themed ETFs on Monday, October 2nd, allowing investors to gain exposure to CME Ether futures through the ETF format. The two funds, the Bitwise Ethereum Strategy ETF (AETH) and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP), will have an expense ratio of 0.85% each and will […]
InQubeta ($QUBE) is one of the best cryptos to invest in this year, offering investors 3x returns on their investments. The InQubeta project is a decentralized alternative to traditional investment firms, allowing anyone to invest in the artificial intelligence (AI) industry. The presale has already raised over $3.3 million and is expected to grow even […]
An unknown hacker managed to steal more than $600 million worth of Ether from FTX shortly after the company filed for bankruptcy and its founder stepped down from his position. The hacker initially deposited the stolen funds to CoinMixer, an anonymous Bitcoin mixing service, in order to obscure the trail of funds. After withdrawing from […]
The Department of Justice (DOJ) has affirmed its plan to summon former FTX clients, investors, and staff as witnesses in the upcoming trial involving Sam Bankman-Fried, the former FTX executive. The DOJ submitted a letter motion in limine on Sept. 30, to enable them to get the interpretation of the witnesses on FTX’s treatment of […]
Circle, a stablecoin issuer, has stepped into the legal battle between the Securities and Exchange Commission (SEC) and Binance. Circle is arguing that stablecoins, whose value is tied to other assets, should not be subject to traditional financial trading laws. This case is seen as a pivotal moment in the crypto-legal world, as it highlights […]
The United States Securities and Exchange Commission (SEC) has initiated legal proceedings against Prager Metis, an accounting firm that had previously provided services to the now-defunct cryptocurrency exchange FTX. According to the SEC, Prager Metis had violated the industry’s independence standards by continuing to offer accounting services over a period of nearly three years. The […]
