Russia’s Bitcoin, AI play with BRICS is ‘game theory’ in motion: Analyst

Chief technology officer at major United States-based cryptocurrency exchange Coinbase, Balaji Srinivasan, announced his departure from the company on Twitter on May 3.In his tweet, Srinivasan said that he had enjoyed his time at the exchange and that he will now take time off “to get back in shape — and up to speed on…

Per an April 13 announcement, Huobi (HT) Global has launched Star Atlas, an on-chain analytics tool to monitor illicit cryptocurrency transactions that could work in tandem with similar tools.Past criticism The tool should help Huobi address some of the past criticism it had received. Chainalysis’  2020 State of Crypto Crime Report stated: “Binance and Huobi lead all…

Crypto mining's environmental impact continues to raise concerns with regulators and businesses alike. 135 Total views 4 Total shares The New York State Governor Kathy Hochul has been asked by a group of local businesses to deny permits for converting the city’s old fossil-fuel power plants into crypto mining centers. The request comes in the…

The crypto lender was previously "rescued" by FTX following the LUNA stablecoin collapse. 1284 Total views 5 Total shares BlockFi announced on Nov. 28 that it has filed for Chapter 11 bankruptcy. The filing in the United States Bankruptcy Court for the District of New Jersey pertains to the company and its eight subsidiaries. The…

China-based leading mining and mining ASIC hardware producer Bitmain has reportedly suspended its mining operations in Rockdale, public radio station Texas Public Radio reports on Jan. 10. Rockdale is located in Milam County, east of Austin, in the United States state of Texas.Steve Young, a Milam County Judge, issued a statement reporting that all Bitmain…

Bitcoin (BTC) rallied on the back of the United States Federal Reserve's decision to hike interest rates on July 27. Investors interpreted Federal Reserve chairman Jeremy Powell’s statement as more dovish than the previous FOMC committee meeting, suggesting that the worst moment of tight economic policies is behind us.Another positive news for risk assets came…

The lawyer for Alexander Vinnik, the alleged former operator of defunct cryptocurrency exchange BTC-e, has said that a district court in Cyprus has withdrawn their lawsuit on charges “of fraud, money laundering and other crimes.” This development was reported by state-operated Russian news agency RIA Novosti Nov. 27.Timofey Musatov, the head of the lawyers’ group…

With cryptocurrency prices wavering this year, nonfungible tokens (NFTs) and other sub-ecosystem investors have also found themselves in the grips of a bear market.However, looking beyond the trading value of Ether (ETH), NFTs were primarily created to represent assets and ownership in the real and virtual world. The bear market, as a result, has reignited…

The SEC has accused the two brothers of using investor money to fund lavish lifestyles, including the purchase of cars and a multimillion-dollar condominium.