Block Inc’s Bitcoin revenue stagnates in Q3, shares drop 12% on revenue miss

China’s anti-crypto onslaught continues, as a prohibition against commercial venues from hosting crypto-related events has been extended to Guangzhou Development District, local media outlet Jiemian reports August 29. Guangzhou Development District is a special economic zone in southern China, close to Hong Kong. The district’s Financial Development Bureau reportedly issued a notice of the new…

CoinEx has rebuilt its wallet system following a $70 million hack and is set to resume deposit and withdrawals for select cryptocurrencies. 88 Total views 1 Total shares Cryptocurrency exchange CoinEx is set to resume deposit and withdrawals for its users more than a week after it suffered a $70 million hack due to compromised hot

Telegram has pointed to a fresh precedent that could bolster its argument against allegations it violated United States federal securities laws.In a March 6 letter to Judge P. Kevin Castel of the U.S. District Court for the Southern District of New York, Telegram brought attention to a recent case ruling it claims undermines the Security…

The company disclosed that it has approximately $142 million in cash deposits at Signature Bridge Bank, which was set up by the FDIC after the shutdown of Signature Bank. Own this piece of history Collect this article as an NFTCrypto mining firm Marathon Digital Holdings has assured investors that the firm's cash deposits at Signature…

Optimistically speaking, Brad Garlinghouse thinks the case will be concluded in 3-4 months, though it could take longer. 256 Total views 3 Total shares

The United States Internal Revenue Service is reportedly soliciting outside contractors to assist with calculations of cryptocurrency users’ transactions. The United States Internal Revenue Service (IRS) is reportedly soliciting third-party contractors to assist with calculations of cryptocurrency users’ transactions. Crypto tax software firm CryptoTrader.Tax publicly shared details of a letter it claims to have received from…

The SEC lawsuit against Binance led to an outflow of over $700 million worth of assets on Ethereum in the past 24 hours with outflows from the exchange still dominating inflows. 264 Total views 1 Total shares The SEC lawsuit against Binance on June 5, accusing the crypto exchange of violating various securities laws, had…

Prometheum is the only SEC-registered crypto custody provider and already treats ETH as a security.

Hope for the possibility of another significant rally in the cryptocurrency market has returned, even though Bitcoin (BTC) rejected at $45,500. Currently, bulls are looking to shore up their defense at the $43,000 support level. Data from Cointelegraph Markets Pro and TradingView shows that after making a run to a weekly high at $45,500 early on Feb.…