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August 26, 2023
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Multichain wallet Exodus posts $12.4M revenue, $1.9M net income in Q2

In the quarter ended June 30, Exodus’ revenue declined by 4% year-over-year, but its results were boosted by 6% cost reductions.   Exodus, the renowned cryptocurrency […]
August 26, 2023
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Dropbox ditches unlimited storage offering, blaming crypto cloud miners

The storage platform turned to metered storage after discovering its advanced plan was being used by some for crypto mining and other resource-intensive tasks.   Dropbox, […]
August 26, 2023
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DEA gets duped: Agency loses $55K in address poisoning scam

The United States Drug Enforcement Administration has yet to find those responsible for the attack but has enlisted the help of the FBI.   In what […]
August 26, 2023
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ARK, Glassnode propose Bitcoin economic analytics framework using new metric

In Cointime Economics, the time Bitcoin has been held is considered when it is transacted, giving hodlers’ transactions greater weight.   ARK Invest and Glassnode have […]
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 […]

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