Bitcoin miner Riot Platforms miss estimates with wider Q2 loss

As the cryptocurrency lending industry continues to grow, another major crypto company is getting into the business.BitGo, a crypto firm that claims to handle over 20% of all Bitcoin (BTC) transactions, is launching an institutional-level crypto lending service on March 5. The debut of BitGo’s lending feature comes after a several-month-long private beta test.A service…

Deribit exchange data reveals that the put-to-call ratio for Bitcoin options contracts is currently at 0.50, with a maximum pain point of $61,000.

Hanwha Investment and Securities reached an agreement to buy 2.06 million shares from Upbit operator Dumanu. 215 Total views 4 Total shares South Korean conglomerate Hanwha Group is reportedly acquiring a stake in the parent company of major local cryptocurrency exchange Upbit.Hanwha Investment and Securities, the securities brokerage arm of Hanwha Group, has reached an…

It has been a rough week for the cryptocurrency market, primarily because of the Terra ecosystem collapse and its knock-on effect on Bitcoin (BTC), Ethereum (ETH) and altcoin prices, plus the panic selling that took place after stablecoins lost their peg to the U.S. dollar.The bearish headwinds for the crypto market have been building since late…

The initiative is a part of the La Guaira Digital program, which aims to fast-track growth and induce economic stability in the country. 1635 Total views 39 Total shares A gubernatorial candidate from Venezuela has promised to offer scholarships for citizens interested to join the Technical Training Center for Mining and Administration of Digital Crypto…

Australian research university RMIT announced two postgraduate programs in cybersecurity and blockchain. 3099 Total views 67 Total shares RMIT University, an Australian public research university, is adding two new postgraduate programs in the field of cybersecurity and blockchain technology.The university announced May 26 that it was partnering with IBM, Palo Alto Networks, and Stone &…

J. Matthew DeLesDernier, assistant secretary for the SEC, said it had extended to allow for “sufficient time to consider the proposed rule change and the issues raised therein.” 221 Total views 2 Total shares The United States Securities and Exchange Commission has pushed the deadline to approve or disapprove ARK 21Shares’ Bitcoin exchange-traded fund to…

Pantera Capital CEO Dan Morehead argued that the FTX collapse has nothing to do with the promise of blockchain technology. 1688 Total views 5 Total shares Own this piece of crypto history Collect this article as NFTWith the FTX exchange being highlighted all over the world of finance, trust in the crypto space seems to…

News on crypto and blockchain technology is coming in abundance from China. This became especially true in late October 2019, when the Chinese President Xi Jinping called for accelerating the use of blockchain technology in the country.President Xi identified dozens of use cases that should be promoted: loans, health care, anti-counterfeiting, charity and food security.…