June 13, 2022
“Cryptocurrency companies on Monday blocked users from withdrawing funds as the value of bitcoin and other prominent digital assets plunged. Crypto lending company Celsius Network announced late on Sunday night that it would freeze all withdrawals and transfers due to… Continue Reading…
May 17, 2022
“Investors have withdrawn more than $7 billion from tether since it briefly dropped from its dollar peg, raising fresh questions about the reserves underpinning the world’s largest stablecoin. Tether’s circulating supply has slipped from about $83 billion a week ago to less than $76… Continue Reading…
May 11, 2022
“Bukele’s bought 2,301 Bitcoins for the government since making them legal tender back in September, based on his announcements on Twitter. That includes a purchase of 500 coins yesterday as their price plunged below $31,000, extending a wild six-month sell-off.… Continue Reading…
May 10, 2022
“Bitcoin is off nearly 55% from its November peak, and 40% of holders are now underwater on their investments, according to new data from Glassnode. That percentage is even higher when you isolate for the short-term holders who got skin in the… Continue Reading…
April 22, 2022
“This week, U.S. officials targeted Russian bitcoin mining firm BitRiver in its latest round of sanctions aimed at hurting Russia’s economy. The Treasury Department’s Office of Foreign Assets Control says it is concerned Russia may monetize its vast oil reserves and other natural resources for power-intensive… Continue Reading…
April 18, 2022
“…The aggregate 30-day moving-average volume for Bitcoin across Coinbase, Bitfinex, Kraken and Bitstamp is at its lowest level since August 2021, according to data compiled by Strahinja Savic at FRNT Financial. Over the last month, the aggregate daily volume on… Continue Reading…
February 3, 2022
“One of the most popular bridges linking the ethereum and solana blockchains lost more than $320 million Wednesday afternoon in an apparent hack. It is DeFi’s second-biggest exploit ever, just after the $600 million Poly Network crypto heist, and it is the largest attack to date… Continue Reading…
January 26, 2022
“By the end of last year, the value of Hasten Carter’s cryptocurrency holdings had climbed to about $250,000. He moved to a nicer apartment, bought a new truck, and started thinking about pursuing his dream of a full-time career in… Continue Reading…
January 14, 2022
“The price of dogecoin jumped more than 15% on Friday before paring gains after Tesla began accepting the cryptocurrency as payment for some merchandise. Early Friday, Tesla CEO Elon Musk said on Twitter that the electric carmaker’s merchandise can be purchased with dogecoin… Dogecoin… Continue Reading…
November 22, 2021
“…MoonPay, a relative newcomer, is taking the crypto mania in venture capital to new heights. The three-year-old fintech firm said Monday it has raised $555 million in its first-ever financing round. The investment, led by Tiger Global and Coatue, values… Continue Reading…
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