Crypto Biz: Bitfarms gets new board after months of power struggles

Friday, May 3 — the crypto markets have rallied today, with bitcoin (BTC) breaking new 2019 highs. All the top 20 cryptocurrencies by market cap are seeing significant gains over the past 24 hours, as well as over the past 7 days to press time.Market visualization from Coin360Bitcoin has broken multiple price thresholds over the…

What are multisig cold wallets? Multisignature (multisig) cold wallets are often considered one of the safest ways to store digital assets, providing an extra layer of protection against theft. However, even these advanced security measures are not infallible, as demonstrated by the February 2025 Bybit hack. Before diving into their security, let’s break down what

Indian crypto exchanges CoinSwitch and CoinDCX have been struggling to maintain headcount amid bear market and TDS. 397 Total views 2 Total shares The CoinSwitch crypto exchange is the latest crypto trading platform in India that cut its workforce amid the prolonged cryptocurrency winter, the local news agency Moneycontrol reported on Aug. 28.The crypto exchange…

This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.

Since March central banks have been printing money aggressively in order to combat the economic downturn brought about by the coronavirus pandemic. Philip Lowe, the governor of the Australian Reserve Bank, has warned against the consequences of unlimited monetary expansion. Lowe said that “there is no free lunch,” and somebody always has to pay for the…

Despite its nascency, central bank digital currencies and their offshoots have rapidly evolved into a serious alternative to typical bank accounts. A CBDC is electronic money issued by a central bank for use by consumers and companies in lieu of traditional money. The concept was popularized in a particularly interesting paper published in 2016 by…

The bank deposit insurer should assess the sufficiency of its risk mitigation measures and then provide them in a more organized manner, the inspector general found. 227 Total views 18 Total shares The Inspector General’s Office (OIG) of the Federal Deposit Insurance Corporation (FDIC), the independent United States government body that provides deposit insurance to

Craig Wright's legal counsel has refuted claims from Hodlnaut on Twitter. Craig Wright, a self-proclaimed Bitcoin (BTC) creator, is apparently not required to pay legal fees for a failed libel suit against the Twitter crypto enthusiast known as Hodlonaut.In an Aug. 14 email to Cointelegraph, Wright’s legal representative argued that he is not obliged to…

Leading U.S.-based cryptocurrency exchange, Coinbase, has integrated support for decentralized finance (DeFi) protocols on its wallet app.Per a March 26 announcement, Coinbase Wallet will now allow users to earn interest on cryptocurrencies through the DeFi apps, Compound, and dYdX.While the DeFi apps were already available through Coinbase Wallet’s built-in decentralized application browser, the exchange asserts…