Northern Data wants to sell Peak Mining to invest in AI expansion

These can be anxious times for holders of cryptocurrencies, especially those who entered the market in late 2021 when prices were cresting. Bitcoin (BTC), Ether (ETH) and especially altcoins now appear to be undergoing a major reset, down 50% or more from November highs.Some worry that a whole generation of crypto adopters could be lost…

The United States SEC argues that “having made the weather, Coinbase cannot claim that it is now raining.”

The blockchain trade finance platform backed by major banks reportedly laid off almost half of its workforce due to a lack of funding. 1488 Total views 37 Total shares Owing to ongoing financial difficulties, the IBM Hyperledger-powered trade finance blockchain platform we.trade is laying off almost half of its workforce.According to a Global Trade Review…

The BitMEX co-founder says the current phase of price consolidation is ideal for accumulating crypto before macroeconomic factors trigger the next leg up in the bull market.

The FDIC warns that uncertainty around crypto's legal status, the likelihood of fraud and contagion present key risks to United States banks. 153 Total views 2 Total shares Crypto-assets and their related activities present key risks to the United States banking system and warrant closer supervision, warns a leading U.S. financial regulator. For the first…

The investment bank reportedly said it will begin with the United States and then expand worldwide based on market demand. 216 Total views 11 Total shares BNY Mellon, a major investment bank, is developing a digital asset custody platform that would allow institutional customers to gain crypto exposure.According to a report from City A.M., customers…

Hashdex's approach differs from recent filings as it won't depend on the Coinbase surveillance sharing agreement, opting to acquire spot Bitcoin from physical exchanges within the CME market. Hashdex, a crypto asset management company, has joined the competition for a spot Bitcoin (BTC) ETF in the United States. The firm, known for its global leadership…

After the European Central Bank released a blog post on the shortcomings of Bitcoin, the crypto community on Twitter took to the comments to defend the cryptocurrency. 801 Total views 14 Total shares In light of the recent FTX collapse and liquidity scandal, regulators in the European Union have joined other global lawmakers in a…