Crypto

Liquidators can subpoena 3AC founders despite ‘tricky issues’ with crypto assets

A United States (U.S.) court has given liquidators permission to subpoena the founders of crypto investment firm Three Arrows Capital (3AC), including Su Zhu...

Binance Resumes Local Currency Deposits with Brazilian Payment System Pix

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75% of Marathon’s mining fleet still offline two weeks after huge storm

Bitcoin mining company Marathon Digital Holdings has revealed that 75% of its mining capability has been out of commission since a severe storm hit...

Republicans Seek to Counter Effort to Curtail Crypto Mining

Environmental regulators should seek “a comprehensive analysis as it relates to understanding the potential environmental effects of digital asset mining,” according to the letter,...

SEC reportedly launches investigation into insider trading on exchanges

The Securities and Exchange Commission (SEC) has reportedly launched a probe to discover how crypto exchanges are working to prevent insider trading.FOX Business reported...

Market Wrap: Bitcoin Close to $30K as Investors Search for a Bottom

Bitcoin (BTC) is trading around the $30K price level and appears to be in the mid-to-late stage of a bear market phase, according to...

Optimism airdrop overwhelmed by all-time high demand: ‘Scaling is hard’

Ethereum Layer-2 scaling solution Optimism has been overwhelmed with “all-time high demand” following the launch of its highly anticipated airdrop today. Users racing to...

Bitcoin Dominates but Altcoins Lurk

But Oanda's Moya noted that even falling Treasury yields, "which makes crypto attractive," have failed to move investors. "Right now, no one wants to...

German BaFin official calls for ‘innovative’ EU-wide DeFi regulation

Birgit Rodolphe, an executive director at Germany's Federal Financial Supervisory Authority (BaFin) has called for innovative and uniform regulation of the decentralized finance (DeFi)...

Crypto Market Decline Underlines Its Unpredictability; Bitcoin Holds at $31K

Ether, the second-largest crypto by market cap, outperformed over the same period, rising approximately 3.5%, and was changing hands at about $2,350. Other cryptos...

L2 transaction fees need to be under 5c to be ‘truly acceptable’

Ethereum (ETH) co-founder Vitalik Buterin believes that Layer-2 transaction fees need to be under $0.05 to be “truly acceptable.”Buterin made the latest comments in...

New York State Assembly Passes Bill Blocking New Cryto Mines That Use Non-Renewable Power

However, advocates of the bill noted that existing facilities would remain unaffected by the bill, as well as any facilities that tap renewable resources....

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