Bitfarms acquires Stronghold Digital Mining in $125M deal
As part of the acquisition, Stronghold shareholders will receive 2.52 shares of Bitfarms for each share held.
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We Should Not ‘Scurry to Keep Pace’ With Fintech, Says CFTC Commissioner
A new commissioner at U.S. regulator the Commodity Futures Trading Commission (CFTC) repeated called for handling fintech – including blockchain and cryptocurrency – with an “open mind” in a speech Thursday, Oct. 25.Speaking at the 2018 International Swaps and Derivatives Association (ISDA) Annual Japan Conference in Tokyo, Rostin Behnam, who has now held the post…

Alleged Reinstatement Guru Explains YouTube Crypto Bans
YouTube has banned a number of crypto channels recently, often restoring them shortly after. Adam Charles, senior communications manager for DeFi solution, Kava, said he has been working to help these channels get back online. Charles stated that he works with multiple Telegram influencer groups to get these YouTube accounts back up. "We have developed a…

DeFi boom and Bitcoin rally position NEXO to close 2020 with a 480% gain
Bitcoin is currently the center of attention but savvy investors have also noticed that Nexo token has rallied 480% in the last 3 months. 161 Total views 2 Total shares Over the past three months NEXO token, the native asset of Nexo’s blockchain-based lending platform, has increased by more than 480%. Since Bitcoin (BTC) traded…

Crypto Exchange Becomes Sponsor of Premier League Football Team and Its Ad Goes Viral
A crypto exchange platform has established a sponsorship deal with an English Premier League football club and is celebrating after its 200,000th user registered with its service.CoinDeal’s partnership with Wolverhampton Wanderers has resulted in its branding featuring prominently on the team’s kit, and a promotional video released at the start of February has gone viral,…

Binance Staking completes initial phase of Terra 2.0 airdrop as ecosystem issues persist
About 70% of tokens are held in escrow and will be vested starting later this year. 575 Total views 7 Total shares On Tuesday, cryptocurrency exchange Binance said it completed the first stage of airdropping new Terra Luna (LUNA) tokens to holders of Terra Luna Classic (LUNC), TerraUSD (USTC) and AnchorUST (aUST). The distribution was based…

US Senator Reports to Jail Pending Verdict in Cryptocurrency Fraud Case
A Georgia state senator has reported to jail over allegedly lying about the theft of cryptocurrency mining equipment worth $300,000, The Guardian reported Dec. 27.Republican Michael Williams, who originally reported the alleged theft in May, made a false police report and gave a false statement, court documents claim.Williams had said servers with a value of…

North Korea stole more crypto in 2022 than any other year: UN report
A confidential United Nations report has revealed North Korean hackers stole more crypto assets in 2022 than in any other year so far.The UN report, seen by Reuters, was reportedly submitted to a 15-member North Korea sanctions committee last week. It found North Korean-linked hackers were responsible for between $630 million and more than $1…

Circle Releases Third Audit Report of Stablecoin USDC’s Dollar Reserves
Cryptocurrency finance company Circle has released the third audit attestation of the reserves of its fiat-backed stablecoin, USD Coin (USDC), according to an official statement Jan. 16.The third-party audit of Circle’s United States dollar reserves was issued by independent accounting firm, Grant Thornton LLP.According to the report, as of Dec. 31, 2018 at 11:59 p.m.…