Galaxy Digital’s revenue soars with mining, fees at record levels

Denver-based Crusoe Energy will help the Middle East nation to cut the gas flaring with the pilot project scheduled for the end of 2022. 540 Total views 39 Total shares As the heated up discussion around the ethical aspects of using fossil fuels in crypto mining remains one of the key topics for the industry,…

Over the past week, the global crypto community bore witness to a unique case wherein California resident and blockchain entrepreneur Seth Shapiro filed a lawsuit against American telecom giant AT&T — alleging that a couple of the firm’s employees had perpetrated a nefarious SIM-swap scheme that resulted in the former losing $1.8 million in various…

The price of Axie Infinity's native token AXS surged on Wednesday despite a lackluster upward momentum elsewhere in the cryptocurrency market.The AXS/USD pair rose to as much as $44.96 following a 16.44% intraday jump. Nonetheless, the strong upside move came as a part of a sideways trend that saw AXS fluctuating inside the $36.48-$56.57 price…

Bitcoin (BTC) witnessed a roller coaster ride in 2021 and even though BTC has corrected sharply from its all-time high at $69,000, the digital asset is still up by 60% year-to-date. During the same period, gold has dropped more than 5%. With inflation soaring in the United States and several other parts of the world, Bitcoin’s…

Cointelegraph’s official Facebook page, boasting more than 730,000 followers, has been banned by the social media giant, while the cause remains unclear.On Sept. 18, our page was removed from the platform’s search results. Consequently, Cointelegraph has been unable to publish anything on the account for over a month now, unable to reach the audience. Cointelegraph…

There’s been a tremendous amount of hype and misinformation about nonfungible tokens (NFTs) since they appeared on the scene in 2014, particularly since the total market for them passed $24 billion. You can’t open a news feed without an article about nonfungible tokens popping up. These inevitably contain the obligatory “An NFT is a” paragraph…

Major Danish bank Saxo Bank has predicted that Asia will launch its own blockchain-based digital asset in its new report of smashing predictions for 2020.The latest edition of “Outrageous Predictions” by Saxo Bank also forecasts that President Donald Trump will likely lose the 2020 elections, while Hungary will leave the European Union. The report was…