Adam Back Reiterates $100K BTC Price Prediction
Despite the recent pullback of the cryptocurrency market, the British cryptographer and an outspoken supporter of bitcoin – Adam Back – thinks the asset could tap $100,000 by the end…
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Elon Musk Wants to Make Twitter More Compelling With Crypto Integration: Report
Elon Musk, the new would-be owner of Twitter, has ambitious plans for the company and believes that the integration of crypto transfers on the social media app “makes sense.” Crypto…
Congress Sends Letter to EPA Extolling Proof of Work Mining Benefits
U.S. Congress issued another letter to the Environmental Protection Agency (EPA) on Thursday with more educational material on proof of work. This time, however, it came with a positive spin…
Three Arrows Capital Eyes Asset Sale or Bailout, Confirms Co-Founder
Following the recent drama with the crypto hedge fund, one of the co-founders – Kyle Davies – said they are exploring different options, some of which include asset sales and…
Babel Finance Pauses Crypto Withdrawals Following Liquidity Troubles
Babel Finance – an Asian crypto lending platform coming off a $2 billion valuation – has revealed that it is facing liquidity pressures. In response, it has paused all withdrawals…
Crypto Saving App Pauses Reward Distributions and Changes Withdrawal Limits Amid 3AC Fiasco
Finblox, a high-yield crypto savings platform, has announced that it has halted its user reward system and altered withdrawal limits. The platform cited the prevailing “highly volatile market” as the…
Vitalik Buterin Does Not Believe Crypto Could Replace Traditional Currencies
Ethereum’s Co-Founder Vitalik Buterin thinks digital assets do not have a chance to steal the supremacy of traditional currencies. Crypto Will Not ‘Take Over the World’ The global economy has…
Kazakhstan Calls for Cooperation Between Crypto Exchanges and Banks
The government of Kazakhstan has approved guidelines for a pilot program that will foster cooperation between some banking institutions and cryptocurrency exchanges in the Astana International Financial Center (AIFC). Crypto…
Investors Not Looking to Bail Out Struggling Celsius Network (Report)
Amid the challenges plaguing the cryptocurrency lending firm Celsius Network, there are reports that investors may not provide more funds to bail the platform out of the troubled waters. No…
Huobi Announces Closure of Thai Unit After Regulator Revokes License
Digital assets exchange Huobi will close down its Thailand operations permanently with effect from July 1, 2022. A unit of the Seychelles-based company, Huobi Thailand, ran into trouble with the…
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