Core Scientific increased Bitcoin production by 10% in July amid Texas power cuts
The mining firm reported it “completely powered-down its Texas data center operations on several occasions”…
Month: August 2022
Voyager to return $270M in customer funds, says it received ‘better’ offers than FTX
The crypto lender will be allowed to return a portion of customer funds locked up…
Bitcoin Price Outlook for August: BTC Faces Some Important Tests in the Coming Weeks
Exactly one month ago today, bitcoin was trading below $20,000 per unit as crypto markets…
230 Economists Warn the US Government’s Proposed Inflation Reduction Act Will Fuel Inflation
Last week, Democrats unveiled climate and health care legislation called the “Inflation Reduction Act,” and…
Bankrupt Crypto Firm Voyager Digital Approved to Release $270 Million in Cash Deposits
The now defunct and bankrupt Voyager Digital has been approved by the court to distribute…
Finance Redefined: Solana and Nomad bridge fall prey to exploits losing millions
The top 100 DeFi tokens had a mixed price action over the past week, with…
Voyager plans to resume cash withdrawals on Aug. 11
The lending firm said clients with U.S. dollars in their accounts could withdraw up to…
Crypto Biz: Gucci ‘apes’ into crypto
The iconic luxury brand is now letting holders of ApeCoin purchase its products through Bitpay….
2 metrics signal the $1.1T crypto market cap resistance will hold
Despite a handful of the top-80 coins gaining 12% or more over the past week,…
Indian authorities freeze $8.1M in WazirX funds as part of AML investigation
The Directorate of Enforcement of India alleged that WazirX “actively assisted around 16 accused fintech…
Nonfungible tokens don’t live on the blockchain, experts say
Jonathan Victor noted that storing data off-chain doesn’t mean it’s centralized. It’s still decentralized when…
US lawmakers request crypto firms provide info on diversity and inclusion
“There is a concerning lack of publicly available data to effectively evaluate the diversity among…
Antminer S19 XP dropped in a bid to swing crypto miners back into profit
Phil Harvey said that this type of miner can typically last a minimum of 36…
Portugal-Based Cryptocurrency Exchanges Face Bank Account Cutoffs
Several crypto exchanges based in Portugal have recently seen their bank accounts closed by financial…
Four Great Modern Use Cases for Cryptocurrency in 2022
Its importance in the betting world is also quite visible nowadays. It’s justified by the…