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Riot Pushes for Overhaul at Bitfarms Ahead of Key Shareholder Meeting

Riot Platforms Inc., the largest shareholder of bitcoin mining firm Bitfarms Ltd. with a 19.9% stake, issued an open letter calling for significant changes to Bitfarms’ governance ahead of the…

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Scottish Court Sets Precedent With Crypto-to-Cash Confiscation

Prosecutors in Scotland have made legal history by converting cryptocurrency into cash under proceeds of crime legislation. John Ross Rennie, 29, has been ordered to hand over £109,601 after his…

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Cardano Founder Charles Hoskinson on Chang Hard Fork Achievements: ‘This Dwarfs Bitcoin’

Charles Hoskinson, founder of the Cardano cryptocurrency and CEO of IOHK, has shared his perspective on on the state of the Cardano ecosystem following its recent Chang update, which enhanced…

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Trump’s Crypto Platform Hit by Scammers Promising $15,000 Giveaways

Former U.S. President Donald Trump’s family-backed cryptocurrency platform has been targeted by scammers, leading to over 70,000 users being misled with fake crypto giveaways. Scammers have posted fraudulent ads on…

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Wazirx Fast-Tracks INR Withdrawals but Users Face 6-Month Crypto Trading Delay

Indian crypto exchange Wazirx has accelerated Phase 2 of INR withdrawals after a cyberattack on July 18. Initially scheduled for Sept. 9, eligible users can now withdraw up to 66%…

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Analysts Anticipate Bitcoin Falling to $40K Level as Fed Rate Cuts Loom

Bitfinex’s analysts expect bitcoin’s price to potentially drop to the low $50,000s or mid $40,000s if the Federal Reserve cuts interest rates this month. The “historical price action for September…

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Matter Labs Restructures, Cuts 16% of Workforce Amid Strategy Shift

Matter Labs, a key player in the crypto industry, is restructuring, resulting in a 16% workforce reduction. The decision, made to align with evolving market demands and internal strategy shifts,…

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Russian Foreign Minister States Barter Trade Is Under Consideration for Bilateral Settlements With China

Russian Foreign Minister Sergey Lavrov has emphasized that a barter trade system could be organized with China to overcome the current settlement problems. Lavrov noted that a similar system was…

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2024 Report Finds 96% of NFTs Declared ‘Dead’ Amid Market Instability

A recent report by nftevening.com reveals a troubling state of the non-fungible token (NFT) market, with 96% of NFTs now considered “dead.” The analysis highlights the high unprofitability rate among…

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Latam Insights Encore: Learning From El Salvador’s Lesson on Using Bitcoin as a Rebranding Tool

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we discuss how other countries can learn…

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