Bitfarms accelerates 2.2 EH/s hosting agreement with Stronghold
According to Bitfarms, the mining hardware was originally scheduled to be deployed in Yguazu, Paraguay sometime in December 2024.
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Investor losses legal battle against Bithumb for 2017 data breach incident
The user claimed to have lost a massive amount of money due to Bithumb’s negligence. 768 Total views 23 Total shares According to news agency Yonhap, Bithumb will not have to repay a crypto investor who allegedly lost $401,000 as a result of a 2017 data breach suffered by the firm.A High Court judge determined…
Institutional staking won’t take off unless asset lock-up solved: Coinbase CFO
Coinbase's new institutional-focused staking product won't be a "near-term phenomenon" while liquid staking is still being worked out. 347 Total views 17 Total shares Institutional staking of crypto assets, including the post-Merge Ethereum, could become a “phenomenon” in the future, but not while their assets still need to be “locked up.”Speaking during a Q2 earnings…
80% of Ether Supply in Profit Leads of Fears of a Price Drop
Crypto analytics firm Glassnode reported 80% of the supply of the second largest cryptocurrency by market cap was in profit on June 10. 330 Total views 5 Total shares According to crypto analytics firm Glassnode as of June 10, more than 80% of the Ether supply was in profit — leading to fears of a…
Tokenized Real Estate Booms While Security Tokens Struggle
Despite a nearly double-digit retraction in the combined capitalization of the security token sector, real estate tokens gain over 4% during April. Real estate tokens have continued to post a positive performance for investors, gaining an average of 4.27% during April while top securities tokens suffered losses for the month.The combined capitalization of security tokens…
How Digital Asset Funds Are Doing During the COVID-19 Crisis
The first thing to note is that despite the safe-haven characterization of crypto, the asset class itself in March appeared to be closely correlated with traditional public markets. Additionally, there were some notable crypto funds that went insolvent due to unhedged positions, a leverage mismatch or challenges with conducting proper risk management. Similar to December…
Become a Bali crypto digital nomad like me: Here’s how
Since the start of the year, I’ve been living in a cheap island paradise as a Bali crypto digital nomad. Here’s how you can too.
The crypto FBAR: Implications beyond
The United States Department of Treasury is again sharpening its sword upon crypto. In January 2021, the Department of Treasury’s Financial Crimes Enforcement Network issued Notice 2020-2. The Notice states that FinCEN intends to amend its regulations concerning the reporting of foreign financial accounts to include digital currency as a type of reportable account. In simple…