Deloitte and NYDIG set up alliance to help businesses adopt Bitcoin
Deloitte wants to enable blockchain and digital asset-based services across many areas involving Bitcoin products like banking, rewards programs and others.
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Iran to Shut Down Crypto Mining Farms Amid Record High Power Demand
Authorities in Iran plan to unplug licensed crypto mining facilities as electricity consumption in the country is reaching record highs. The mining farms will be cut off from the grid…
Huobi crypto exchange wins licenses in Dubai and New Zealand as Thai affiliate closes
Huobi cryptocurrency exchange is expanding its global footprint by winning its first-ever licenses in Dubai and New Zealand.
Ukraine sells CryptoPunks NFT donation for 90 ETH, worth over $100K
The CryptoPunk 5364 NFT was donated to the Aid For Ukraine campaign by user 0x165cd3 who procured the artwork back on March 1, 2022.
Russian Finance Ministry Rules Out Sale of Oil for Bitcoin
The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means…
Crypto lending can still survive bear market, analyst says
Bear markets are much more brutal for crypto lenders than cryptocurrency firms that don’t leverage users’ deposits, according to one Bitcoin analyst.
Synthetix racks up over $1M in daily fees as SNX token value surges 100%
L2 scaling solution Synthetix collaborated with Curve Finance to create Curve pools for sETH/ETH, sBTC/BTC and sUSD/3CRV, allowing investors to convert synths into tokens.
Cumberland Sees Massive OTC Moves During Crypto Market Rout — ‘Most Volume We’ve Seen This Year’
During the last week, while crypto markets got hammered, digital currency-centric over-the-counter (OTC) trading desks were swamped with orders. The cryptocurrency OTC trading desk Cumberland, a subsidiary of DRW, explained…
What decentralization? Solend approves whale wallet takeover to avoid DeFi implosion
There’s more trouble in DeFi as Solend launches a spur-of-the-moment move to crack into a whale’s wallet.
Sberbank to Conduct First Digital Asset Transaction on Own Platform
Russia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform within a month, a top executive revealed this week. The…
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