Institutional investors signal long-term commitment to crypto

Blockchain projects that comprise the greater cryptocurrency sector’s market cap are unquestionably bootstrapped — a product of ingenuity and crowdsourced blockchain fundraising.But with the industry evolving further in the last few years, gaps between mature projects and less developed ones are more noticeable, exhibited by issues that a well-funded or more thorough team of development…

Bitcoin (BTC) starts a new week just under $22,000 as bulls fail to reclaim lost ground in February.After some modest volatility towards the weekly close, BTC/USD is still near three-week lows as a new status quo enters with $22,000 as resistance.The largest cryptocurrency stands at the beginning of an important week of macroeconomic data, however,…

Crypto mining firm Bitdeer reached an agreement with B. Riley Financial to sell up to $150 million of its Class A ordinary shares. 61 Total views 3 Total shares Bitdeer, a crypto mining firm spun off from mining manufacturer Bitmain, has entered into an agreement with the special purpose acquisition company (SPAC) B. Riley Financial…

As Singapore does not allow dual nationality, 3AC co-founder Kyle Davies said he chose to renounce his U.S. citizenship after getting married and receiving permanent residency. 298 Total views 8 Total shares Kyle Davies, the co-founder of bankrupt crypto hedge fund Three Arrows Capital (3AC), has submitted documentation to court claiming he is fully a…

Artificial intelligence tools are providing solutions to various functions and departments within major cryptocurrency exchanges. 295 Total views 1 Total shares Cryptocurrency exchanges are finding novel ways to improve internal departments and functions using artificial intelligence, according to Bitget managing director Gracy Chen.Speaking to Cointelegraph editor Zhiyuan Sun during EthCC in Paris, the exchange’s MD…

The decision to freeze Shin’s asset worth over $104 million was approved by the Seoul Southern District Court, which was based on a request from the prosecutors. 496 Total views 20 Total shares While crypto exchange FTX stole the limelight from other fallen ecosystems, South Korean authorities continue their efforts to bring closure to the…

The Nigerian central bank’s attitude to crypto has been inconsistent in recent years, and the crackdown contradicts a decision taken in 2021 to facilitate crypto account opening.

A 33-year old Danish man has been sentenced to four years and three months in jail for laundering over $450,000 in Bitcoin (BTC), tech news agency The Next Web reports April 8.Citing a press release from Danish Police, the report says that the criminal pleaded guilty to laundering 3 million Danish kroner that came from…

Miners in Russia have likely been increasingly buying crypto ASICs due to reduced prices of mining devices as well as low-cost energy. Own this piece of crypto history Collect this article as NFTCryptocurrency miners in Russia appear to be unbothered by the ongoing crisis of crypto mining as the local demand for mining hardware has…