Independent Tether attestation reveals 58% decrease in commercial paper holdings
An independent review from the accounting firm BDO reported that the stablecoin issuer's total assets exceed its consolidated liabilities.
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SBI lost 40% of hash rate after stopping mining in Russia: Data
After terminating mining operations in Russia's mining-rich region of Siberia in February, SBI still continues running some mining activity in the country.
Whitepay Introduces Crypto Payments to Ukraine’s Tech Stores
Ukrainians will be able to purchase electronics and other products with digital coins thanks to a service provided by Whitepay. The payment processor, established by the Ukrainian-born digital asset exchange…
Crypto market bloodbath leads to over $500M in liquidations in 24 hours
Data from crypto analytic firm Glassnode shows future long liquidation of BTC touched a new 8-month high as BTC price crashed below $22,000 on Friday.
MMORPG went into ‘hiatus’ after crypto investors bailed, denies it misused funds
Phat Loop Studios, the company behind the "Pokemon-like" game Untamed Isles has blamed the crypto market crash as a reason its investors bailed.
Russian Accused of Laundering Cryptocurrency From Ransomware Attacks Extradited to US
A Russian national suspected of laundering ransomware payments in cryptocurrency on behalf of cybercriminals targeting hospitals has been extradited to the U.S. by the Netherlands. The man was allegedly involved…
A sharp drop in TVL and DApp use preceded Avalanche’s (AVAX) 16% correction
AVAX price gave up recent gains after correcting by 16% and the network’s declining TVL and DApp use suggest that the protocol is losing ground versus its competitors.
South African Reserve Bank encourages friendly behavior with crypto
The banking authority said avoiding risk by cutting off crypto-involved clients may pose a “threat” to financial integrity.
Chinese mining giant Canaan doubles profits despite the blanket crypto ban
The Chinese crypto miner maker Canaan has been expanding its mining business, accumulating a total of 346.84 BTC by the end of June.
Coinbase would rather shut down staking than enable on-chain censorship — Brian Armstrong
With a ban on Tornado Cash, many DeFi proponents were worried that crypto exchanges, which are also key validators of Ethereum, would succumb to pressure and impose protocol-level censorship.
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