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July 3, 2023

Why is Litecoin price up today?

Litecoin price is up today as traders continue to remain bullish about the upcoming halving event.   Litecoin (LTC) has experienced a notable increase in price […]
July 3, 2023
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Vitalik Buterin declares he is not staking all of his ETH, merely a ‘small portion’

Ethereum co-founder Vitalik Buterin explained the “biggest reason” is because it has to be on a multisig, which is still “fairly difficult” to set up.   […]
July 3, 2023
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Thai SEC bans the use of customer crypto assets for lending and investment

Investor protection regulations have been under discussion since September 2022 amid the crypto lending crisis that saw firms such as BlockFi and Celsius declare bankruptcy.   […]
July 3, 2023
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Singapore to require crypto firms to put user assets into trusts by year-end

MAS is also working to restrict crypto service providers from facilitating lending or staking for retail customers, but not for institutional ones.   The Monetary Authority […]
July 3, 2023
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Robot guest-conducts the Korean National Symphony Orchestra

The android robot EveR 6 and conductor Soo-Yeoul Choi co-conducted a performance of six pieces with the Korean National Symphony Orchestra.   On June 30, South […]
July 3, 2023
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Hut 8 relocates 6,400 rigs, sees growth in AI and high-performance computing

Bitcoin mining firm Hut8 continues to relocate miners from its idle North Bay site, with increasing demand for AI and high-power computing.   Hut 8 Mining, […]
July 3, 2023
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Elon Musk imposes ‘rate limit’ on Twitter, citing extreme ‘system manipulation’

Verified Twitter users will be allowed to view 10,000 posts daily, while new, unverified accounts will get 500 under the new limits.   Social media platform […]
July 3, 2023
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Binance conducts 11th LUNC burn, 2.65 billion tokens destroyed

The Terra Classic burn mechanism automatically burns tokens whenever a transaction occurs on the network.   Binance, the leading cryptocurrency exchange globally, has completed its 11th […]
July 3, 2023
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Belarus wants to ban P2P cryptocurrency transactions

The Ministry of Foreign Affairs of the Republic of Belarus cited a high crypto crime rate for banning all citizens from exchanging Bitcoin with each other. […]
July 3, 2023
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AI-generated fake news sparks rumors of Gary Gensler’s resignation

The rumors, which have set crypto Twitter ablaze, are the latest example of AI disinformation at work.   Rumors surrounding the resignation of United States Securities […]
August 26, 2023
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ARK Invest, 21Shares join queue to offer Ethereum futures ETF

The co-filing comes just a week after reports emerged that the Securities and Exchange Commission is likely to greenlight Ethereum ETF applications.   On August 24th, […]
August 24, 2023
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Cypher announces recovery plan, says it will ‘socialize’ losses in initial stage

Cypher announced that losses from its exploit will be distributed among users in an initial stage, then compensated through protocol revenue when the platform relaunches.   […]
August 24, 2023
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Crypto entrepreneur faces potential prosecution in Israel related to $290M scam: Report

The police force of Israel reportedly recommended to prosecutors that Moshe Hogeg be charged with fraud, theft, and money laundering and sex crimes.   Israeli entrepreneur […]
August 24, 2023
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‘The race is on’ for AI: Nvidia CEO bullish as Q2 revenue crushes estimates

Nvidia shares soared nearly 10% in after-hours trading, as the company beat Wall Street analyst expectations by more than $2 billion.   Shares of chip-making giant […]
August 23, 2023
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Crypto amplified financial risks in emerging markets: BIS papers

The central banks of the United States, Canada, Mexico and Brazil have pointed out the risks of crypto but warned against excessively prohibitive laws.   The […]
August 23, 2023
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Chinese official sentenced to life in prison for Bitcoin mining, corruption

Xiao Yi was accused of abuse of power and corruption in operating a $329 million Bitcoin mining enterprise.   China’s uncompromising stance on illicit cryptocurrency operations […]
August 23, 2023
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BlockFi argues FTX, Three Arrows Capital aren’t entitled to repayments

BlockFi argues its creditors, not FTX’s, are the “ultimate victims” of FTX’s alleged fraud.   The insolvent cryptocurrency lender BlockFi is striving to obstruct efforts from […]
August 22, 2023
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Coin Center responds to US lawmakers’ request for crypto tax guidance

The crypto advocacy group’s suggestions included a de minimis exemption for crypto transactions and having the IRS provide guidance on block rewards, airdrops and hard forks. […]
August 22, 2023
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Central African Republic expands Sango project to land, resource tokenization

Asset tokenization has been in the works for a year. The ambitious project has also included investor citizenship and an island in the metaverse.   The […]

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