Mining company CleanSpark sold only 2.54 Bitcoin in July
CleanSpark announced it increased its treasury holdings by 567% when compared to the same period last year.
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Singapore aims to streamline financial watchdog’s authority over crypto firms
"We could be exposed to reputational risks brought by DT service providers created in Singapore, and which provide services relating to virtual assets," said Alvin Tan. 47 Total views 1 Total shares The Singaporean government has approved legislation that will give the Monetary Authority of Singapore, or MAS, additional power to respond to crypto firms…
Indonesian crypto exchange Indodax goes offline after suspected $22M hack
The breach compromised hot wallets on Indodax, resulting in the loss of Bitcoin, Ether, Tron, Polygon, and Optimism. Indodax has temporarily suspended operations.
Price analysis 2/1: BTC, ETH, XRP, DOT, ADA, LINK, LTC, BCH, BNB, XLM
Tesla CEO Elon Musk recently voiced his support for Bitcoin (BTC) during a chat with Clubhouse. Musk said that his friends tried to onboard him to the Bitcoin bandwagon as early as 2013, but the world’s richest man did not take the final step. Musk admitted that he was “late to the party.”Musk also said…
Why is Ethereum (ETH) price up today?
Ethereum's native token, Ether (ETH), rose to three-week highs, rallying in lockstep with the broader cryptocurrency market, as well as stocks. ETH price rises to three-week highsOn Jan. 9, ETH's price rose 2.85% to cross above $1,325 for the first time in three weeks, a key level that could pave the token's path toward $1,350 next if…
THORChain network resumes following 20-hour chain halt
The network was halted on Oct. 27 after the team said a bug had caused “non-determinism between individual nodes.” 154 Total views 2 Total shares Cross-chain exchange and proof-of-bond network THORChain announced it was once again “fully operational” after a more than 20-hour outage.In an Oct. 28 tweet, the THORChain team said the network was…
FTX paid $12M retainer to a New York law firm before bankruptcy filing
Sullivan & Cromwell LLP (S&C), a law firm headquartered in New York City, received $12 million from West Realm Shires Services Inc. on behalf of FTX for legal services. 57 Total views 3 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTDefunct crypto exchange FTX paid a retainer of $12 million to bankruptcy…
Report: No Bank Account Needed to Transfer China’s Upcoming CBDC
Binance Research, the research arm of the major crypto platform Binance, has reported that no bank account will be necessary to use China’s Central Bank Digital Currency (CBDC).Loose coupling and anonymityBinance Research shared its findings on Aug 28. According to the report, China’s CBDC will be transferable without a bank due to its loosely coupled…
Santiment Reveals Top DeFi Platforms by Development Activity
Maker, Synthetix, Band Protocol, and Augur are the top DeFi platforms in terms of developer activity. Santiment research has revealed that the top DeFi platforms in July in terms of development activity include Maker, Synthetix, Band Protocol, and Augur.But it also revealed that some of the platforms that saw the biggest gains in price or…