Crypto farms in Kazakhstan will remain unplugged until Feb. 7, as the local utility has extended power cuts for miners. The company points to ongoing difficulties with electricity supply as the main reason for the
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Roughly nine months ago, Coinbase’s initial public offering (IPO) via a direct listing on Nasdaq launched, and shares swapped for $342 per share on April 16, 2021. Since then, Coinbase shares have dropped by close
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Cardano is taking its next steps to work on improving its smart contracts and transaction throughput. Cardano’s Basho upgrade, outlined by co-founder Charles Hoskinson in a video blog earlier this year, is in full swing. One
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Аfter touching a ten-day high above $39,000, bitcoin went on the downturn and dipped below $37,000. The altcoins have also retraced today, with Solana being the most substantial loser after an exploit on a network
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The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last August when Dune Analytics raised
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Silvergate Capital, an investment firm that is the parent company of the Silvergate Bank, acquired the technology and assets of Diem, the formerly Facebook-backed stablecoin payment system. The payment totaled $182 million. The technology and
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A Solana bridge called Wormhole has been exploited for as much as $320 million according to reports emerging on Feb. 3. The team posted a notice that the bridge had been hacked losing 120,000 wrapped
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Digital asset and crypto investment products saw inflows for a second week in a row in the new year, albeit a rather weak $19 million. Although small, “it continues to suggest investors are beginning to
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The Bitcoin dominance rate (BTCD) is attempting to find support after a short-term rejection from a Fib resistance level. BTCD had been trading above the 40% horizontal support area since May 2021. The area was the catalyst
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A proposal by the SEC could give authorities sweeping powers over crypto exchanges, warns one Commissioner. A recent proposal by the U.S. Securities and Exchange Commission adding oversight to systems for trading government securities could
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