Ethereum needs more blockchain activity, adoption, to recapture $4K

Chinese Bitcoin mining company Canaan reported slight improvements in some of its financial metrics in the first quarter of 2023. The progress, however, is still far behind where it was last year in this period.According to an unaudited report posted on its investor relations page, Canaan’s net loss was $84.4 million in Q1, lower than…

While stock splits are a sign of confidence in a company's future performance, they could introduce significant price volatility after the event.

Coinbase CEO Brian Armstrong has pushed for stricter regulations on centralized crypto actors but says decentralized protocols should be allowed to flourish given that open-source code and smart contracts are “the ultimate form of disclosure.”Armstrong shared his views on cryptocurrency regulation in a Dec. 20 Coinbase blog where he proposed how regulators can help “restore…

Crypto-based emergency app Guardian Circle has seen a huge surge in monthly downloads due to the coronavirus crisis.According to figures supplied by the project to Cointelegraph, more than 5150 new users downloaded the app in March. That represents monthly growth of 2582% for the three year old app, which had struggled to attract attention in…

730 people from Wirecard’s German offices will be given pink slips. Wirecard has announced it will lay off 730 out of its 1,300 staff in Germany following a $2.1 billion scandal that left the company insolvent in June.According to an Aug. 25 report from Law360, Michael Jaffé, a lawyer and representative of Wirecard's administrator, said…

Top Stories This Week Dogecoin investors accuse Elon Musk of insider trading in amended class-action lawsuit A group of Dogecoin investors has requested leave to amend a class-action lawsuit against tech entrepreneur Elon Musk, alleging he is responsible for insider trading of DOGE and asserting the token is a security under U.S. Securities and Exchange…

The Philippines’ DOST-ASTI introduced blockchain, NFTs, and crypto to youth, with a focus on real-world applications, fostering innovation for the future.

Circle attributed its miscalculated financial projections to Binance implementing USDC to BUSD auto-conversions and the recent collapse of FTX. 382 Total views 3 Total shares Circle, the company behind the issuance of USDC Coin (USDC) said recent events have caused it to miscalculate its financial projections — referring to the collapse of FTX and a decision…