Usual Protocol to activate ‘revenue switch’ after USD0++ depegs
Usual Protocol has introduced a revenue-sharing model to stabilize its ecosystem following USD0++ depegging from $1.
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El Salvador celebrates Black Friday, buys 100 BTC for 20% off
With the addition of the 100 coins today, El Salvador holds 1,220 BTC, worth roughly $66.3 million following the crypto asset's drop to the $54,000s. 1167 Total views 25 Total shares Salvadoran President Nayib Bukele bought the dip again, investing more than $5 million into Bitcoin as the price dropped under $54,000 Friday.In a Friday…

Bahamas supreme court approves ‘provisional liquidators’ for FTX
The Securities Commission of the Bahamas said it had to act "given the magnitude, urgency, and international implications of the unfolding events with regard to FTX." 185 Total views 1 Total shares The Supreme Court of the Bahamas — where FTX Digital Marketsis headquartered — has approved two provisional liquidators to oversee the crypto exchange’s…

Bitcoin Breaks $12,000 Before Plunging, Crypto Markets Turn Downward
Wednesday, Aug. 7 — Most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as Bitcoin (BTC) briefly broke the $12,000 mark and subsequently fell.Market visualization courtesy of Coin360The Bitcoin price is currently down 0.67% on the day, trading at $11,673, according to Coin360. Looking at its weekly chart,…

SEC crackdown on crypto staking in the US could boost decentralization
The Ethereum network underwent the successful Shapella hard fork on April 12, allowing validators to withdraw their long-staked Ether (ETH) from the Beacon Chain after three years. In the first week of withdrawals, more than a million ETH was unstaked by validators.However, from the second week onward, the number of ETH staked was higher than…

Bitcoin pushes toward $70K — just 6% needed for new all-time high
Bitcoin price came within 5.7% of its peak today as the week begins with positive sentiment.

Top engineers working on Facebook’s wallet jump ship to A16z’s crypto fund
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Bitcoin miner Greenidge signs $74M debt restructuring agreement with NYDIG
The deal, if executed, would essentially restructure the company into a hosting firm for Bitcoin mining rigs. 1312 Total views 17 Total shares Own this piece of crypto history Collect this article as NFTAccording to a new filing with the U.S. Securities and Exchange Commission on Dec. 20, Bitcoin (BTC) miner Greenidge stated that it…

U.S. authorities preparing ‘material action’ to curb SVB contagion
The White House assessed the impact of Silicon Valley Bank's failure over the weekend with a keen attention to venture capital firms and regional banks. 548 Total views 4 Total shares Own this piece of history Collect this article as an NFTUnited States authorities are working on "material action" over the weekend in an attempt…