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CryptoCurrency

Riot Pivots to Electricity and HIVE to AI as Bitcoin Mining Profits Plummet

  • Crypto miners are reporting lower BTC production output.
  • In the search for revenue, they sell electricity or computing power to AI firms.
Thursday, 07/09/2023 | 08:49 GMT by Damian Chmiel
CryptoCurrency

Bitget Snowball Investment Product to Melt Away Crypto Winter Worries

  • The new product offers up to 24.5% APR with principal protection.
  • Bitget wants to give customers a way to earn more safely in a volatile market.
Wednesday, 06/09/2023 | 10:00 GMT by Damian Chmiel
CryptoCurrency

Texas Heat and Low Bitcoin Prices Hit Marathon's August Production

  • Marathon Digital reports a decrease of 9% in BTC production.
  • The average number of BTC produced per day amounted to 34.3.
Wednesday, 06/09/2023 | 08:33 GMT by Damian Chmiel
CryptoCurrency

Genesis Global Trading Shuts Down US Crypto Trading Desk amid Disputes

  • The platform will close the crypto trading desk by September 30, 2023.
  • This move follows a legal dispute with FTX and a previous bankruptcy scare.
Tuesday, 05/09/2023 | 20:51 GMT by Jared Kirui
CryptoCurrency

MetaMask Users Beware: Government Websites Turn into Crypto Traps

  • MetaMask users are being targeted by scams that exploit government websites.
  • Fraudsters redirect them to fake MetaMask pages, putting their crypto assets at risk.
Tuesday, 05/09/2023 | 10:59 GMT by Damian Chmiel
CryptoCurrency

Binance Suffers Another Blow as Two More Executives Depart in Ongoing Talent Drain

  • In recent months, five important figures have left the company.
  • One of the main reasons is regulatory problems in the US and Europe.
Monday, 04/09/2023 | 11:32 GMT by Damian Chmiel
CryptoCurrency

Invesco, WisdomTree, Valkyrie Left Hanging as SEC Delays Bitcoin ETF Ruling

  • The SEC delays its decision on spot Bitcoin ETF proposals.
  • The postponement comes after a court ruling to review a similar application.
Friday, 01/09/2023 | 07:37 GMT by Damian Chmiel
CryptoCurrency

The EU's Financial Watchdog Raises 8 Red Flags in AI and Crypto

  • The regulator says new technologies carry high risks with pessimistic forecasts.
  • At the same time, it draws attention to the growing number of cyber crimes.
Thursday, 31/08/2023 | 11:14 GMT by Damian Chmiel
CryptoCurrency

Meet the Sole Crypto Exchange Publishing Proof of Reserves after FTX's Downfall

  • Proof of Reserves reports have gained popularity after the collapse of FTX last year.
  • OKX is the only major exchange that publishes them every month.
Thursday, 31/08/2023 | 11:00 GMT by Damian Chmiel
FM-Events

Must-Attend Crypto Events: Explore the World of Cryptocurrencies and Blockchain Technology

  • There are several noteworthy and can't miss crypto events taking place this Fall.
Thursday, 31/08/2023 | 08:53 GMT by Jeff Patterson
Trending

Revolut Crypto: Navigating the World of Digital Assets

  • What's next for Revolut?
Wednesday, 30/08/2023 | 16:02 GMT by Pedro Ferreira
Trending

Has the AI Boom Outpaced the Crypto Frenzy?

  • Rivalry or synergy?
Wednesday, 30/08/2023 | 14:43 GMT by Pedro Ferreira
CryptoCurrency

BTC Miners Struggle to Break Even: Cathedra Bitcoin Reports C$2.9 Million Loss

  • Cathedra Bitcoin's Q2 2023 financials show an increase of 19.5 BTC in mining output.
  • However, similar to other publicly listed miners, it has not achieved profitability.
Wednesday, 30/08/2023 | 07:08 GMT by Damian Chmiel
CryptoCurrency

Crypto Exodus in the US? Robinhood and Jump Trading End Partnership

  • Jump Trading is reportedly moving away from crypto trading in the US.
  • It was the first crypto market maker partner of Robinhood.
Wednesday, 30/08/2023 | 06:42 GMT by Arnab Shome
CryptoCurrency

Canaan Breaks Record in Mining Revenue but Struggles to Turn a Profit

  • The rise in Bitcoin mining revenue did not help the company to achieve profitability.
  • Other crypto miners also reported weaker results for Q2 2023.
Tuesday, 29/08/2023 | 10:38 GMT by Damian Chmiel
CryptoCurrency

Argo Blockchain Mines More but Earns Less in H1 2023: Reports $18.8M Net Loss

  • Despite reducing debt and operational costs, Argo reports a net loss in H1 2023.
  • The company's revenue declined 31%, but it managed to increase its BTC mining 1%.
Tuesday, 29/08/2023 | 08:31 GMT by Damian Chmiel
CryptoCurrency

From Crypto Darling to Debacle in Two Weeks: Friend.tech's Revenue Drops by 70%

  • Friend.tech allows you to invest in the social networks of friends and influencers.
  • After a dynamic increase in interest, there was also a dynamic decline.
Monday, 28/08/2023 | 12:41 GMT by Damian Chmiel
Retail FX

Why the Middle East Could Be Crypto's Next Goldmine

  • Binance and others shift focus to UAE amid regulatory challenges in the US.
  • The region is positioning itself as a global cryptocurrency hub.
Monday, 28/08/2023 | 11:45 GMT by Damian Chmiel
CryptoCurrency

End of Cold Calling In the UK: FCA Considers a Complete Ban for Finance and Crypto

  • Cold calling is one of the more common methods that fraudsters use in the UK.
  • The FCA and Treasury want to ban Fintech companies from using this form of marketing.
Thursday, 24/08/2023 | 09:23 GMT by Damian Chmiel
CryptoCurrency

Dubai’s VARA Unleashes Crypto Staking through Custody Services

  • VARA has updated its rulebook, allowing staking from custody services in Dubai.
  • The step boosts the Emirate's attractiveness as a new global crypto hub.
Thursday, 24/08/2023 | 08:20 GMT by Damian Chmiel
CryptoCurrency

The Fall of Moshe Hogeg: Israeli Mogul Accused of $290 Million Crypto Fraud

  • Hogeg collected hundreds of millions through four cryptocurrency projects.
  • However, the funds were used to finance illegal operations and his lavish lifestyle
Wednesday, 23/08/2023 | 10:47 GMT by Damian Chmiel
CryptoCurrency

Indian Crypto Tax Rules Cited as One of Three Reasons for CoinDCX’s Job Cut of 12%

  • The other two are difficult macro conditions and low crypto asset prices.
  • The number of digital asset exchanges slashing employment is on the rise.
Wednesday, 23/08/2023 | 07:28 GMT by Damian Chmiel
CryptoCurrency

Payment Processor Woes Lead Binance to Limit European Transactions

  • One user of the exchange said he could not withdraw his euros.
  • Binance first reports a 'temporary suspension', then later claims it was an error.
Tuesday, 22/08/2023 | 08:30 GMT by Damian Chmiel
CryptoCurrency

Dubai's Crypto Surge: Komainu Bags License after Binance's Entry

  • Another crypto company secures an operational license from Dubai.
  • Emirate attracts business amid global regulatory uncertainty.
Tuesday, 22/08/2023 | 07:53 GMT by Damian Chmiel
CryptoCurrency

Coinbase Integrates AI for Enhanced Trading Automation

  • By partnering with Coinrule, Binance customers will benefit from AI-powered automation.
  • The offer is aimed at Coinbase Advanced customers.
Monday, 21/08/2023 | 12:25 GMT by Damian Chmiel
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