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Data shows the Bitcoin mining bear market has a ways to go

The 2022 bear market is impacting BTC miners in more extreme ways than previous downturns, especially with so many publicly listed miners struggling with their debt obligations.

Continue ReadingData shows the Bitcoin mining bear market has a ways to go

BlockFi employees were discouraged from describing risks in internal communications: Report

According to a former employee, an internal team at BlockFi raised concerns about the borrower pool being too concentrated among crypto whales, such as Three Arrows Capital and Alameda.

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Waves-backed stablecoin USDN drops further after regulator warning and exchange delisting

WAVES price and its USDN stablecoin lose value after the Digital Asset eXchange Association issues a caution notice and Upbit exchange delists the token.

Continue ReadingWaves-backed stablecoin USDN drops further after regulator warning and exchange delisting