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The global crypto market capitalization is almost 70% down this year, largely thanks to the Federal Reserves commitment to hiking interest rates. Nevertheless, investing legend Stanley Druckenmiller sees a silver...
According to a representative from the bitcoin mining company backed by the Chinese crypto billionaire Jihan Wu, Bitdeer is crafting a $250 million fund to buy distressed assets from embattled…
Nexo has defended itself against various U.S. regulators by claiming it promises modest interest rates. Nexo Says It Offers Nominal Rates Nexo has defended itself against cease and desist orders...
Nexo has defended itself against various U.S. regulators by claiming it promises modest interest rates. Nexo Says It Offers Nominal Rates Nexo says that it doesn’t offer high interest rates....
On Tuesday, September 27, 2022, Celsius Network CEO Alex Mashinsky submitted a letter of resignation from the company. Mashinsky added that he still plans to help the embattled crypto lender…
Bankrupt crypto lender Voyager Digital announced today that FTX had won its assets at auction. FTX Wins Voyager Auction FTX has won Voyager Digital’s assets. According to an announcement, FTX’s...
Multiple U.S. state regulators have issued cease and desist orders against the crypto lending platform Nexo. C&D Issued Against Nexo Eight U.S. states are taking legal action against Nexo for...
Grayscale Investment’s Bitcoin Trust (GBTC) has dropped to a new low this week as the bitcoin fund tapped a record 35.18% low against bitcoin spot prices. GBTC’s discount to spot…
The world’s oldest fiat currency, the British pound sterling, slid to an all-time low against the U.S. dollar at a little after 1 a.m. (ET) Monday morning. At the time,…
Sources have disclosed that the digital currency mining operation, Bitdeer Technologies, has purchased a high-security storage and display facility in Singapore called Le Freeport for $28.4 million. Bitdeer’s chairman, Jihan…