Miner profitability falls to record lows — Blocksbridge
Reduced block rewards post-halving and Bitcoin mining difficulty reaching new heights are eating away at miner revenues.
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Carbon neutral crypto spot ETFs to launch in Canada
Purpose Investments will measure the carbon footprint associated with its portfolio and purchase carbon offsets accordingly. 101 Total views 16 Total shares Two carbon neutral cryptocurrency-backed exchange-traded funds are poised to launch in Canada offering a greener alternative for institutional investors.Canada-based asset manager Purpose Investments is readying to launch two new crypto-based ETFs on the…
Survey: More than a quarter of U.S. millennials plan to use crypto to fund retirement
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Huobi Processed 50% of All PlusToken Withdrawals This Month: Report
Chinese crypto exchange Huobi has seen the highest number of withdrawals from the alleged crypto Ponzi scheme PlusToken to date, new research says.Chinese exchanges prevailNew York-based blockchain infrastructure firm Elementus released a study on Aug. 23, claiming that the number of PlusToken withdrawals sent to Huobi exchange has accounted for nearly 50% so far.As Cointelegraph…
FDIC-insured Citizens Trust Bank to hold $65M in USDC reserves
The Atlanta, Georgia-based bank joined the Federal Reserve System in 1947 and is classified as a minority-owned depository institution. 506 Total views 9 Total shares Own this piece of history Collect this article as an NFTCitizens Trust Bank, a financial institution regulated by the Federal Deposit Insurance Corporation (FDIC), has partnered with Circle Internet Financial…
One crypto wallet launched 114 dodgy memecoins in two months
According to ZachXBT, one alleged scammer in particular launched around 114 projects in the past 45 days alone. 571 Total views 1 Total shares Own this piece of history Collect this article as an NFTCrypto scammers have been ramping up the launch of spurious memecoins over the past two months, according to crypto sleuths. According to…
Web Summit returns in-person event to delve into crypto, DeFi and NFTs
Major global technology conference Web Summit is returning to Portugal with an in-person event to delve into the world of fintech and cryptocurrency.On Nov. 1, Web Summit 2021 will kick off in Lisbon, Web Summit’s first physical conference since the beginning of the COVID-19 pandemic. The event covers topics from cryptocurrencies to geopolitics and is…
Binance Removes FTX Tokens Citing Confusion
Major crypto exchange, Binance, has decided to remove leveraged FTX tokens from its exchange, explaining that customers don’t understand the product.“Due to lack of understanding of how leveraged tokens work by many of our users, Binance has decided to delist all existing FTX leveraged tokens and corresponding trading pairs,” the exchange announced on March 28. Binance…