Terraform Labs to shut down after $4.5B SEC settlement: Law Decoded

Crypto mining firm CleanSpark has been aggressively expanding its fleet of mining machines this year, despite mining profitability being far from its all-time highs. 828 Total views 8 Total shares Despite a 44% decline in Bitcoin (BTC) mining profitability over the last year, some Bitcoin mining companies have continued to build and increase production, according…

At the start of June 2019, reports emerged that Binance DEX’s website was blocking users with IP addresses from 29 countries. This news immediately caused confusion with some commentators, using it as an opportunity to reaffirm their stance that Binance DEX is not truly a decentralized exchange (DEX).However, as it turned out, the initial reports…

It seems that every time Massachusetts Senator Elizabeth Warren fails to get an anti-crypto bill passed, she introduces a new draft. She has the strategy of messaging bills — legislation introduced for the purposes of media attention and fundraising more than actual passage — down to a science.Warren's latest legislation, the Digital Asset Anti-Money Laundering

After nearly a 20% rally last week, Bitcoin (BTC) is on track to end this week with gains of roughly 10%. Bitcoin’s rally has improved sentiment and attracted buying in several altcoins. This sent the total crypto market capitalization firmly above the $1 trillion mark.The strong recovery in Bitcoin has startled several analysts who remain…

The SafeSnap platform allows executing Snapshot governance votes automatically. 2550 Total views 10 Total shares Gnosis and Snapshot have collaborated to develop SafeSnap, a product that allows for automatically executing successful governance votes on Snapshot. The module, which combines features of Gnosis Safe Multisig and the Snapshot off-chain governance platform, was released on Tuesday.Snapshot is…

Russia's central bank wants the digital ruble to help businesses by cutting out financial middlemen. 218 Total views 3 Total shares Russia’s digital ruble is expected to reduce business costs, but could also cut profits for commercial banks, according to Elvira Nabiullina, the chairwoman of the Bank of Russia.At a Dec. 3 meeting of “Opora…

Bitcoin (BTC) stayed wedged in a tight range on June 4 as traders' demands for a new macro low persisted.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewLong-term holders begin 'distribution'Data from Cointelegraph Markets Pro and TradingView showed BTC/USD stuck between $29,000 and $30,000 into the weekend.The pair had managed a revival to near $31,000 the previous day,…