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The sudden collapse of cryptocurrency exchange FTX has sent shockwaves through the crypto industry and wider financial markets. Once valued at $32 billion, FTX filed for bankruptcy on Friday after a liquidity crunch prompted rival exchange Binance to back out of a deal to acquire the struggling firm. The unraveling
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The crypto industry took a major hit this week as a new study revealed that nearly all employees in the space still take their salaries in fiat currencies rather than cryptocurrencies. This raises questions about true adoption levels and the future of crypto as a mainstream financial tool. While many
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The crypto industry took a major hit this week as a new study revealed that nearly all employees in the space still take their salaries in fiat currencies rather than cryptocurrencies. This raises questions about true adoption levels and the future of crypto as a mainstream financial tool. While many
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The two leading US-based cryptocurrency exchanges, Kraken and Coinbase, are rapidly expanding into Europe this week, obtaining key regulatory approvals from authorities in Ireland and Spain. This aggressive push comes as the regulatory environment for crypto firms in the US grows increasingly harsh under the Securities and Exchange Commission chair
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The two leading US-based cryptocurrency exchanges, Kraken and Coinbase, are rapidly expanding into Europe this week, obtaining key regulatory approvals from authorities in Ireland and Spain. This aggressive push comes as the regulatory environment for crypto firms in the US grows increasingly harsh under the Securities and Exchange Commission chair
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The video game industry was rocked this week by leaked documents revealing Microsoft is exploring integrating crypto wallet support into its popular Xbox gaming system. This bombshell news, uncovered in a deposition related to Microsoft's proposed Activision Blizzard acquisition, signals a potential seismic shift in how gamers could
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The video game industry was rocked this week by leaked documents revealing Microsoft is exploring integrating crypto wallet support into its popular Xbox gaming system. This bombshell news, uncovered in a deposition related to Microsoft's proposed Activision Blizzard acquisition, signals a potential seismic shift in how gamers could
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A leaked draft of an upcoming executive order on artificial intelligence from President Joe Biden has sparked fears of a potential computing power crackdown that could severely impact Bitcoin mining operations in the United States. The draft order, revealed by anonymous sources to Semafor, indicates the Biden administration may soon
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A leaked draft of an upcoming executive order on artificial intelligence from President Joe Biden has sparked fears of a potential computing power crackdown that could severely impact Bitcoin mining operations in the United States. The draft order, revealed by anonymous sources to Semafor, indicates the Biden administration may soon
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SEC Chairman Plans to Tell Congress Most Crypto Assets are Securities NEW YORK - Stuart Alderoty, general counsel at blockchain company Ripple, expressed concern over Securities and Exchange Commission (SEC) Chairman Gary Gensler's planned testimony to Congress about cryptocurrencies this week. Alderoty claims that advanced copies of Gensler&
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SEC Chairman Plans to Tell Congress Most Crypto Assets are Securities NEW YORK - Stuart Alderoty, general counsel at blockchain company Ripple, expressed concern over Securities and Exchange Commission (SEC) Chairman Gary Gensler's planned testimony to Congress about cryptocurrencies this week. Alderoty claims that advanced copies of Gensler&
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The decentralized Ethereum network has reached a major milestone, crossing $10 billion in cumulative revenue faster than juggernauts Facebook and Microsoft. This explosive growth demonstrates Ethereum's disruptive potential, though it now faces critical challenges amid the crypto winter. Ethereum took just 7.5 years to surpass $10 billion
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The decentralized Ethereum network has reached a major milestone, crossing $10 billion in cumulative revenue faster than juggernauts Facebook and Microsoft. This explosive growth demonstrates Ethereum's disruptive potential, though it now faces critical challenges amid the crypto winter. Ethereum took just 7.5 years to surpass $10 billion
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The crypto revolution continues marching on in Switzerland. In a monumental development that further cements Switzerland's status as the global crypto capital, Hypothekarbank Lenzburg has become the sixth Swiss bank to join Six Digital Exchange (SDX) - a major blockchain-based digital assets trading platform. This latest Swiss bank
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The crypto revolution continues marching on in Switzerland. In a monumental development that further cements Switzerland's status as the global crypto capital, Hypothekarbank Lenzburg has become the sixth Swiss bank to join Six Digital Exchange (SDX) - a major blockchain-based digital assets trading platform. This latest Swiss bank
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The crypto winter has plunged even deeper as BlockFi, one of the largest cryptocurrency lenders, received court approval this week for its plan to repay over 100,000 creditors. This long-awaited milestone brings customers closer to recovering funds, but how much will they actually receive? That depends on the outcome