Hut 8 surpasses $1B in Bitcoin holdings after $100M acquisition

This is Part 3 of a three-part series in which Andrew Levine outlines the issues facing legacy blockchains and posits solutions to these problems. Read Part 1 on the upgradeability crisis here and Part 2 on the vertical scaling crisis here.Upgradeability, vertical scaling and governance: What all three of these issues have in common is…

BaFin reportedly advised Binance that CEO Changpeng Zhao wouldn’t pass a “fit and proper” test as part of the financial watchdog’s licensing regime. 60 Total views 8 Total shares The German Federal Financial Supervisory Authority, or BaFin, reportedly advised crypto exchange Binance to withdraw its licensing application based on concerns with CEO Changpeng Zhao (CZ)…

It's time for a review exploring whether the rules that federal agencies impose on crypto-related speech pass constitutional muster.

Switzerland-based cryptocurrency bank Dukascopy has warned customers that forex trading company GCG Asia is fraudulently claiming to be the bank’s authorized firm in an announcement published on Feb. 27.In the announcement, Dukascopy Bank —  purportedly the first regulated bank to launch its own initial coin offering (ICO) — cautions  that neither it nor any entities…

Celebrities had a shaky year promoting crypto firms and projects throughout 2022. Many found themselves named in lawsuits over their alleged promotion of since-failed projects, while others have been relentlessly mocked on social media for their involvement in the first place.From movie stars to television actors, sports stars to musicians, many celebrities may be regretting their…

A fledgling blockchain-based game project called Illuvium has already managed to attract support from major industry backers — a development owed in part to the fact that Illuvium co-founders Kieran and Aaron Warwick are the brothers of Kain Warwick, the co-founder of decentralized finance (DeFi) platform Synthetix.In a tweet on Friday, Kain announced that “after…

TON traders might view the recent dip as a chance to buy low if Durov’s arrest is an isolated incident.

South by Southwest — commonly referred to as “South By” or “SXSW” — has returned to Austin, Texas this year to showcase the latest trends in interactive media, music, art, film and technology. While SXSW runs through March 20, 2022, the entertainment and technology festival kicked off its first weekend with a large focus on…

K bank, the major fiat on-ramp for South Korean crypto exchange Upbit, has set its sights on going public in 2022. 1429 Total views 14 Total shares Some South Korean banks appear to be enjoying the benefits of increased crypto involvement with K bank reportedly eyeing an initial public offering in 2022.According to a report…