Marathon Digital Sold No BTC During the Market Crash
Marathon Digital Holdings – a leading bitcoin mining company – mined 707 BTC during Q2, 2022, which is an 8% Year-Over-Year increase. More importantly, though, the firm did not sell…
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Elon Musk Terminates Deal to Buy Twitter
Tesla and SpaceX CEO Elon Musk has backed out on his deal to purchase Twitter for $44 Million. In a filing on Friday, the CEO stated that Twitter hadn’t “complied…
Celsius’ Trading Strategies Led to Loss of Millions of Customer Funds: Report
In the wake of its solvency crisis, new details have emerged about Celsius using investor funds to conduct high-risk leveraged crypto trading strategies. Losing Client’s Funds A new report by…
There’s Little Reason to Think Crypto Hasn’t Bottomed: SBF
FTX CEO Sam-Bankman Fried (SBF) recently spoke with Global Macro Investor CEO Raoul Pal on the state of the macro economy, and how it pertains to crypto. He suggested that…
Russia Could Build a Crypto Platform Similar to the Moscow Exchange: Government Official
Anatoly Aksakov – Chairman of the Committee on Financial Markets of the State Duma – said the government is not against the creation of a cryptocurrency trading venue in Russia.…
Contagion Spreads: BlockchainCom Facing $270M Loss on Loans to Three Arrows Capital
Peter Smith – CEO of crypto exchange platform BlockchainCom – said the fallout from VC firm Three Arrows Capital (3AC) could cause his company to lose $270,000,000. In a letter…
Compass Mining Cuts Staff by 15% After Departure of Two Key Executives
US-based Bitcoin mining hosting service Compass Mining has become the latest company to reduce its workforce to survive and operate amid the ongoing cryptocurrency market downturn. In a letter to…
Coinbase Pro Buyers Trigger Spike in Bitcoin Premium
After weeks of treading in the red, the market briefly climbed to the $1 trillion mark. The world’s largest cryptocurrency – Bitcoin – as well as some major altcoins, raked…
Binance Receives Approval to Launch a Virtual Asset Services Provider in Spain
The world’s largest cryptocurrency exchange – Binance – doubled down on its European expansion plans. The company’s subsidiary – Moon Tech Spain – received a regulatory nod to register as…
Celsius Slammed With Fraud Lawsuit From its Former Money Manager
Struggling cryptocurrency lending company Celsius has been accused by staking software firm KeyFi, of fraud, mismanagement of customers’ deposits, and failure to honor an agreement between both parties in a…
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