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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…
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…
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…
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…
Shortly after filing for bankruptcy, embattled cryptocurrency brokerage firm Voyager Digital has reportedly come under scrutiny from the U.S. Federal Deposit Insurance Corporation (FDIC) for claiming that funds were FDIC-insured.…
After paying back an additional $41.2 million in Dai to decentralized lending platform Maker, Celsius Network now can reclaim approximately $450 million worth of BTC locked up as collateral on…
DeFi protocol Aave proposed to its community to create a USD-pegged stablecoin, GHO. The project would allow users to mint GHO against their supplied collaterals, with all the interest payments…
One of the leading cryptocurrency mining firms – Riot Blockchain – mined 421 BTC in June this year, a considerable increase compared to the 243 BTC produced in June 2021.…
Leading non-fungible token (NFT) marketplace OpenSea reportedly blacklisted some major NFT collections valued at over $27 million. However, many users have criticized the platform for not carrying out due diligence…
Luxembourg-based crypto exchange Bitstamp has revealed that it will no longer move forward with its plans to charge inactive customers about 5% of their account balance. Bitstamp Announces Inactivity Fee…