Quick Look
Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining Rigs
Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to...
ApeCoin leads in NFT and Metaverse market share, but are APE’s hefty staking rewards sustainable?
In January, ApeCoin (APE) had an underwhelming performance compared to metaverse-based tokens like Decentraland (MANA) and The Sandbox...
Price analysis 2/13: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, SOL
Bitcoin (BTC) and select altcoins are threatening to deepen their correction after reports emerged that the United States Securities and...
9 crypto gifts for your Valentine’s Day date
For readers looking for unique, meaningful gifts for their valentine this Valentine’s Day, consider giving a cryptocurrency-related gift....
BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert
Before Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD had approximately 16.16 billion tokens in...
Paxos to stop minting BUSD stablecoins for Binance
Blockchain infrastructure platform Paxos Trust Company will halt the issuance of new Binance USD (BUSD) stablecoins amid the ongoing probe...
You don’t see that every day: Empty Bitcoin block found
Bitcoin is known for its robustness, security and predictability. Every 10 minutes — on average — the blockchain produces a new block, and...
Bitcoin flirts with bid liquidity as BTC price nears new 3-week lows
Bitcoin (BTC) drifted toward major liquidity around the Feb. 13 Wall Street open as the dust settled on United States regulatory news....
Led by Bitcoin, blockchain industry starts 2023 off strong: Report
2023 is off to a great start, with Bitcoin (BTC) rocketing up 40% in January. The good news is not relegated to just Bitcoin, however, as...
Binance CEO Warns of ‘Profound Impacts’ on Crypto Industry if BUSD Is Ruled as a Security
Binance CEO Changpeng Zhao (CZ) has warned of “profound impacts” on the crypto industry if stablecoin Binance USD (BUSD) is...
Venom Blockchain Partners with DAO Maker to Incubate Web3 Startups Focused on Real-world Use Cases
PRESS RELEASE. Abu Dhabi, 13 February 2023 — Venom Foundation, the first Layer-1 blockchain licensed by the Abu Dhabi Global Market...
Bakkt Shifts Focus to B2B Technology Solutions, Plans to Discontinue Consumer App
Bakkt Holdings Inc. announced Monday that it will solely focus on business-to-business technology solutions and discontinue its consumer...
Biggest Movers: MATIC Drops by 10%, ATOM Hits 2-Week Low
Polygon fell by over 10% on Feb. 13, as a red wave swept through cryptocurrency markets during Monday’s session. Volatility was...
Brazilians Will Be Able to Pay Taxes With Crypto
Brazilians will now be able to pay part of their state taxes using cryptocurrencies. Banco do Brazil, a mixed ownership bank, is launching...
Hackers Attack Domain Registrar Namecheap; Flood of DHL and Metamask Phishing Emails Follow
On Sunday, Feb. 12, 2023, the domain registrar Namecheap’s email account was compromised by hackers. Subsequently, a large number of...
Bitcoin, Ethereum Technical Analysis: ETH Hits 1-Month Low, Falling Under $1,500
Ethereum started the week trading below $1,500, as it was reported that Paxos will no longer mint BUSD. This has led to a depegging of the...
BNB coin price slips amid Binance outflows, BUSD woes
Binance Coin has made a strong bearish breakout in the past few hours. Paxos was ordered by US regulators to stop minting BUSD. Binance...
Income Tax Applies to Crypto Trading in Bosnia, Tax Administration Says
Individuals are expected to pay income tax on gains from cryptocurrency trading, the tax authority of Bosnia has determined. In the...
Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD
According to a report published on Feb. 12, 2023, the New York-based financial institution and technology company, Paxos, has received a...
MetaMask issues scam alert as Namecheap hacker sends unauthorized emails
Popular crypto wallet provider MetaMask warned investors against ongoing phishing attempts by scammers attempting to contact users through...
First weekly death cross ever — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week just under $22,000 as bulls fail to reclaim lost ground in February. After some modest volatility towards...
Coinbase Argues Its Staking Services Are Not Securities, Criticizes SEC Regulatory Approach
Coinbase, one of the biggest cryptocurrency exchanges in the U.S., has stated that the staking services offered on its platform do not...
Are stablecoins securities? Well, it’s not so simple, say lawyers
Recently reported planned enforcement action against Paxos by the United States Securities and Exchange Commission (SEC) over Binance USD...
Microsoft Reportedly Shutting Down Industrial Metaverse Focused Group
Software giant Microsoft is shutting down one of its most significant groups dedicated to the development and promotion of the industrial...
US Crypto Lawsuits Reach All-Time High With 42% Increase in 2022; SEC Cases Dominate Legal Battles
A new study on digital currency-related lawsuits since 2018 shows a 42% increase in crypto lawsuits in 2022. The highest number of claims...
Blockchain tech still far from hitting the esport big leagues, says investor
Small esports tournament organizers have started dabbling in blockchain tech to host tournaments and distribute prize pools. However,...
Bitcoin could hit $10M in 9 years but more sidechains needed: Blockstream CEO
Blockstream CEO Adam Back believes the price of Bitcoin (BTC) could reach $10 million by the end of the sixth halvening in 2032, as long...
Bridgewater CIO Warns of Deeper, Longer, and ‘Much More Painful’ Recession Than What We’re Accustomed To
Bridgewater Associates’ co-chief investment officer has warned about a recession that is “much more difficult” and...
Pantera Capital on Bitcoin: We’re in Next Bull Market Cycle
Crypto-focused investment firm Pantera Capital says bitcoin has seen its lows and “we’re in the next bull market...
Fed Governor Warns Crypto Prices Could Fall to Zero — Says ‘Don’t Expect Taxpayers to Socialize Your Losses’
U.S. Federal Reserve Governor Christopher Waller has warned that crypto prices could fall to zero at some point. “Please don’t...
MATIC, HBAR, LDO and BIT gather strength as Bitcoin price rebounds
Bitcoin (BTC) price is trying to recover over the weekend but the current bounce lacks conviction. This suggests that dip buyers are...
Block Sizes Exceeding 3 MB Now Common on Bitcoin Blockchain as Ordinal Inscription Demand Rises
Since Luxor, a bitcoin mining pool, mined a record-setting 3.96 MB block (#774,628) on the Bitcoin blockchain, block sizes have been...
Public miners increased Bitcoin production, hash rate in January
The first production update of 2023 from publicly listed Bitcoin (BTC) mining companies shows a steady increase in hash rate and a surge...
Russia Releases Bitzlato Co-Founder Anton Shkurenko After Questioning
Russian authorities have released the recently arrested co-founder of crypto exchange Bitzlato, said to have processed illicit funds worth...
House Republicans Demand Answers From SEC Over FTX Co-Founder’s Arrest
On Feb. 10, 2023, Republicans Patrick McHenry of North Carolina and Bill Huizenga of Michigan, both members of the U.S. House of...
Monetary policy: Definition, types and tools
What is monetary policy? Monetary policy refers to the actions taken by a central bank or monetary authority to manage the supply of money...
Bitcoin Network Experiences Slight Dip in Difficulty After Record High
Bitcoin’s difficulty decreased 0.49% on Feb. 12, 2023, following a sustained all-time high of 39.35 trillion over the previous two...
Ark Invest on $1.4M BTC, Possible Julian Assange-Linked File on Bitcoin Blockchain — Week in Review
Investment management firm Ark Invest has offered three bitcoin price predictions in a new report, including a bull scenario where bitcoin...
Understanding crypto bag holders and their mindset
For the first time in centuries, paper money, or fiat, found its true competition in the internet era. When Bitcoin (BTC) debuted in 2009,...
Bitcoin price eyes $22K rebound with BTC market structure ‘not yet broken’
Bitcoin (BTC) edged closer to $22,000 over the weekend as traders and analysts urged caution on overly bearish sentiment. BTC/USD 1-hour...
Seoul Sanctions North Korea Over Crypto Theft
South Korea has imposed sanctions on the North in relation to a number of cyberattacks often resulting in the theft of cryptocurrency. The...
IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed
According to a recent mission statement published by the International Monetary Fund (IMF), El Salvador has adopted bitcoin as legal...
Daily Raids on Crypto Farms as Abkhazia Intensifies Mining Crackdown
Authorities in Abkhazia are stepping up efforts to clamp down on cryptocurrency mining amid electricity shortages in the winter months....
India’s Central Bank Reveals 50,000 Users and 5,000 Merchants Now Using Digital Rupee
India’s central bank, the Reserve Bank of India (RBI), has revealed that 50,000 users and 5,000 merchants are now using its central...
Economist Peter Schiff Warns of Financial Crisis and ‘Much More Severe Recession’ Than the Fed Recognizes
Economist and gold bug Peter Schiff has warned of a financial crisis and a much more severe recession than the Federal Reserve recognizes....
Rich Dad Poor Dad’s Robert Kiyosaki Warns ‘Everything Will Crash’ — Plans to Buy More Bitcoin
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that “everything will crash,”...
Chinese Government Launching National Blockchain Innovation Center
The Chinese government is setting up a national blockchain innovation center in Beijing to focus on industrial applications and major use...
Kraken’s staking down, FTX post-bankruptcy hell and Binance news: Hodler’s Digest, Feb. 5-11
Top Stories This Week Kraken reaches $30M settlement with SEC over staking as IRS seeks user information Kraken has agreed to stop...
Stiffing the Staker: The SEC’s Latest Crackdown on Crypto Innovation
The crypto world was jolted last week when the Securities and Exchange Commission (SEC) shut down Kraken’s staking program, much to...
Report: Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto Industry
During the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at...
AshSwap the first stable-swap DEX Launches on MultiversX Mainnet
Ho Chi Minh City, Vietnam, 11th February, 2023, Chainwire AshSwap, the first stable-swap DEX on the MultiversX blockchain (previously...
Bit2Me Debit Card Launch Gives Users up to 9% Cashback on All Purchases
Bit2Me, the biggest Spanish exchange, and the first company to be recognized as a virtual service provider by the Bank of Spain has just...
Ordinal Inscriptions Take the NFT World by Storm: Over 50,000 Added to the Bitcoin Blockchain in 2023
As of Friday, Feb. 10, 2023, the Bitcoin blockchain had seen the addition of more than 50,000 Ordinal inscriptions as the trend has...
NFT Sales Rise 18.43% This Week, Led by Ethereum’s $233.85 Million in NFT Settlements
Non-fungible token (NFT) sales rose 18.43% this week, totaling $272.68 million. However, the number of NFT buyers declined by 60.31% to...
FTX liquidators report exchange held $2.4M ‘fleet of vehicles’ in the Bahamas
The joint provisional liquidators of FTX Digital Markets — the firm’s subsidiary in the Bahamas — has released a report on the company’s...
Bitcoin logo imperfection found on original artwork after 12 years
While Satoshi Nakamoto is credited as the anonymous creator of Bitcoin (BTC), what often goes unnoticed are the selfless contributions of...
Bitcoin is already in its ‘next bull market cycle’ — Pantera Capital
Bitcoin (BTC) is beginning its “seventh bull cycle,” and investors should not be scared of crypto post-FTX, Pantera Capital believes. In...
Building a career in the metaverse: Skills and opportunities
A career in the metaverse involves developing and designing virtual environments and experiences within a virtual world. Creating virtual...
Biggest Movers: SHIB, LTC Rebound From Recent Losses on Saturday
Shiba inu continued to move away from a recent one-week low on Saturday, as the meme coin rebounded to start the weekend. Although overall...
2023 is a make-or-break year for blockchain gaming: Play-to-own
Will 2023 finally see an explosion of crypto gaming? The signs are mixed, with former play-to-earn darling Axie Infinity falling out of...
Bitcoin, Ethereum Technical Analysis: ETH Nears $1,500 Level to Start the Weekend
Ethereum neared a breakout below $1,500 to start the weekend, pushing prices closer to a one-month low. Overall sentiment remained mostly...
Bankrupt Celsius Aims to Raise $14.4 Million From Bitcoin Mining Rig Credits and Coupons
Defunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an...
Kenyan AI and Blockchain Startup Receives Investment From Swiss VC Firm
Fastagger Inc, an artificial intelligence and blockchain startup from Kenya, recently revealed that it had received an investment from the...
Web3 community unites for Turkish–Syrian earthquake victims: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
JPMorgan Estimates Ethereum Shanghai Upgrade Might Bring More Investors to Stake in the Protocol
JPMorgan, one of the biggest financial institutions in the world, estimates that the arrival of the next Ethereum upgrade, codenamed...
State-backed Crypto Mining Farm under Construction in Russia’s Buryatia
A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company....
Kazakhstan Law Limiting Crypto Miners’ Consumption of Electricity Enters Into Force
A new law expanding the regulatory framework for cryptocurrency miners while restricting their access to low-cost electricity has entered...
Bank of New York Mellon: ‘Clients Are Absolutely Interested in Digital Assets’
Bank of New York Mellon (BNY Mellon) has revealed that its clients “are absolutely interested in digital assets.” Emphasizing...
Ground Handling Firm to Use a Blockchain Document Solution at 28 Saudi Airports
The Kingdom of Saudi Arabia-based airport ground handling services firm, Saudi Ground Services, has said it plans to implement a...
Price analysis 2/10: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
On Feb. 9, United States Securities and Exchange Commission (SEC) chair Gary Gensler explained why the regulator had cracked down on...
Bitcoin price correction was overdue — Analysts outline why the end of 2023 will be bullish
Bitcoin (BTC) price and the wider crypto market corrected at the start of this week, giving back a small portion of the gains accrued in...
‘Midnight Massacre:’ SEC Crackdown on Crypto Staking Services Prompts Speculation of Further Enforcement Actions
On Feb. 9, 2023, the cryptocurrency community learned of the U.S. Securities and Exchange Commission’s (SEC) crackdown on staking...
Kraken CEO Calls on Congress to Protect US Crypto Industry Following Settlement With SEC Over Staking Program
The CEO of crypto exchange Kraken, Jesse Powell, has called on Congress to pass a law to protect the U.S. crypto industry after the...
Bitcoin Price Outlook for February
February has been a rollercoaster ride for cryptocurrency traders, with market volatility leading to high levels of price uncertainty....
What is a coinbase transaction?
The coinbase transaction’s value is based on factors such as each individual transaction’s value, block height, and...
Worldwide Webb founder explains the role interoperability will play in Web3 ecosystems
In the latest episode of NFT Steez, Thomas Webb, the founder of the interoperable avatar game Worldwide Webb, discusses the integration of...
Co-founders of StoryCo discuss how blockchain technology can evolve the way IP is franchised
What captivates many creators in the realm of blockchain and Web3 is the possibility to create, own and earn without intermediaries, and...
Three Arrows Capital Co-Founder Announces New Crypto Venture Open Exchange Amid Bankruptcy Controversy
Following the recent court filing from liquidators for Three Arrows Capital (3AC) claiming frustration with the 3AC co-founders for...
Biggest Movers: SOL, ADA Plunge, as Market Momentum Turns Bearish
Solana slipped to a three-week low on Feb.10, as momentum in cryptocurrency markets remained firmly bearish. At the time of writing this,...
Stablecoin Market in Flux: More Than $2 Billion in USDC Redemptions in 30 Days
It appears that the circulation of the stablecoin usd coin has decreased while tether’s has grown, as the latest statistics paint a...
Bitcoin price taps 3-week lows as SEC fears liquidate $250M of crypto longs
Bitcoin (BTC) fell to bearish target zones on Feb. 10 as bulls failed to hold important support above $22,000. BTC/USD 1-day candle chart...
The history of mining: From the stone age to the digital era
Mining is the process of extracting valuable minerals, metals and other resources from the earth. This may entail extracting minerals from...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Week Low, as Sell-off Worsens
Bitcoin moved below $22,000 on Friday’s session, as sentiment in cryptocurrency markets remained bearish. Volatility in markets has...
Russian Charged With Laundering Ransomware Proceeds in Crypto Pleads Guilty in US
A Russian national accused of processing cryptocurrency payments from ransomware attacks has pleaded guilty to money laundering in the...
Bitget Expands Innovation Zone With Priority Access to Exceptional Projects
PRESS RELEASE. Victoria Seychelles, 2023 – Bitget, the leading global crypto derivative exchange, announces to add AI (Artificial...
South Korea sets independent sanctions for crypto theft against North Korea
South Korea announced its first independent sanctions related to cryptocurrency thefts and cyberattacks against specific North Korean...
Crypto price predictions: Hedera (HBAR), Oasis (ROSE), Viberate
Cryptocurrency prices had a mixed week amid elevated risks. Bitcoin price plunged to a low of $21,820, the lowest level since January 20....
Argentina Mulls Inclusion of Proof-of-Solvency Requirements in Crypto Regulation
Regulators in Argentina are mulling the inclusion of stringent requirements in their next cryptocurrency regulatory framework. According...
Central Bank of Brazil to Test Security and Transaction Privacy Levels of the Digital Real
The Central Bank of Brazil will focus its first digital real tests on determining the levels of privacy and security that can be achieved...
Bitcoin price more correlated to FTX developments than macro events: Research
The collapse of FTX and related developments did more to pull up or push down the price of Bitcoin (BTC) throughout Q4, compared to...