China Central Television airs crypto segment in rare move

May 24, 2023
The Last Cryptocurency
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“Crypto mining operations are price-sensitive entities that may be quickly scaled back or shut down if mining becomes uneconomical," said the agency. 701 Total views 7 Total shares Global credit rating agency Fitch Ratings is warning public power utilities across the United States to mitigate the risk crypto mining could post their production of power.In…

Compass Mining sued for losing Bitcoin mining machines bought by customers

The lawsuit alleges that Compass Mining didn’t disclose to Bit River that it was only the ‘middleman,’ not the owner of its customers’ machines. 408 Total views 3 Total shares Own this piece of history Collect this article as an NFTCustomers are suing Compass Mining for over $2 million, alleging fraud, after the company cut…

ADA-backed algorithmic stablecoin ‘Djed’ launched on Cardano

After its successful security audit, the algorithmic stablecoin, Djed, from DeFi service provider COTI, deployed on the Cardano mainnet. Own this piece of history Collect this article as an NFTSince the fall of the TerraUSD (UST) algorithmic stablecoin in May 2022, many users in the crypto space have developed a weariness toward that particular asset class. The…

No, Bitcoin isn’t entering a 2018-like bear cycle, new data suggests as BTC targets $45K

The scale of Bitcoin's (BTC) ongoing downside correction might not be as alarming as it was in 2018, indicates data shared by Glassnode.The blockchain analytics firm reported that investors who have held Bitcoin for more than one year showed a lesser interest in liquidating their investments versus those who held the digital asset for 3-6…

Bybit Ether reserves near 50% pre-hack levels after $295M ETH buy

Bybit also received $390 million worth of emergency transfers from other crypto exchanges.

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Japanese public firm Metaplanet buys another $2.5M of Bitcoin

After completing the latest purchase, Metaplanet holds a total of 203,734 BTC bought at the average price of around $62,000 per BTC.

Ethereum flips Bitcoin’s node count

A surge of validators awaiting Eth2 staking has pushed Ethereum’s node count to 11,259 — surpassing Bitcoin by more than 100. 3566 Total views 18 Total shares Ethereum 2.0 genesis stakers have pushed the total number of Ethereum nodes past the number of Bitcoin nodes for the second time this year.According to Ethernodes.org, 11,259 Ethereum…

Biden is considering law professor, Fed president, and former CFPB director to fill 3 seats on Federal Reserve: Report

Fed governor Randal Quarles resigned his position effective as of the end of December, while Richard Clarida is expected to leave in January 2022, leaving three vacancies in the group of seven serving at the Federal Reserve. 570 Total views 25 Total shares The White House has reportedly begun interviews with possible candidates to fill…

Crypto Merchant Bank Galaxy Digital Lost $134 Million in The First Quarter of 2018

Mike Novogratz’s crypto-focused merchant bank Galaxy Digital released its first quarter report for 2018, posting a $134 million loss as cryptocurrency markets slumped, according to Bloomberg July 26. Galaxy Digital lost $13.5 million in its trading business, with $85.5 million of unrealized loss on digital assets, $1.1 million in paper losses on investments, and $22.9…

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