Solana ridesharing app Teleport shuts down, cites lack of market readiness

After six years of service, Bitcoin-based Amazon payment facilitator, Purse.io, announced  that they are closing their business. "We've made the very difficult decision to dissolve the company. We're grateful for the opportunity afforded by our supporters to build products and infrastructure for the cryptocurrency community," the company said in an April 16 statement. A company helping Bitcoin's…

Lawmakers expect to vote on a bill clarifying how regulators handle digital assets by June after a majority in both chambers passed a resolution against an SEC crypto rule.

According to the country's vice minister of energy, addressing the potential strain on Kazakhstan’s power grid from crypto miners “cannot be delayed any longer." 858 Total views 25 Total shares Now responsible for the second-largest contribution to the Bitcoin hash rate, Kazakhstan’s energy grid may be unprepared to handle the addition of many cryptocurrency miners…

The anticipation of the next Bitcoin halving will spark a crypto rally in 2023 regardless of the grim macroeconomic picture, according to hedge fund manager Mark Yusko. 682 Total views 6 Total shares The anticipation of the next Bitcoin (BTC) halving will be the main catalyst that sparks a new crypto rally as soon as…

The USDT stablecoin issuer Tether denies any correlation between its investment in Celsius and its reserves or stability. 1311 Total views 21 Total shares The ongoing crisis of Celsius’s native token has nothing to do with the stablecoin provider Tether and will not impact its USDT reserves, according to the company.Tether issued a statement on Monday regarding…

The Federal Trade Commission unanimously approved a measure to streamline its staff’s ability to issue civil investigative demands in AI investigations while retaining its authority to determine when CIDs are issued. 223 Total views 2 Total shares The United States Federal Trade Commission (FTC) approved a new streamlined process for investigating cases involving the unlawful

Core developers of Ethereum (ETH) have postponed the activation of the Constantinople hard fork until late February. The upgrade is now set to be implemented at ETH block 7,280,000, as announced by a team lead at Ethereum, Peter Szilagyi, in a tweet Jan. 18.In his announcement, Szilagyi explains that the activation will take place at…