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Northern Data’s Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets

Northern Data’s Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets

On April 4, the bitcoin mining operation Northern Data published its financial statements and noted that the company’s mining fleet had grown by approximately 21,000 machines by the end of March 2022. The newly added

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Crypto Scandal: WAVES’s Stablecoin USDN De-Pegged and Fell to $0.85 Following Ponzi Scheme Accusations

Crypto Scandal: WAVES’s Stablecoin USDN De-Pegged and Fell to $0.85 Following Ponzi Scheme Accusations

WAVES, which gained more than 450% in March, has already lost 35% of its value following rumors The WAVES-powered USDN stablecoin broke the peg, causing the stablecoin’s price to fall to $0.85. This usually only

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Chinese Messaging App Wechat Reportedly Suspends Accounts Linked to NFTs

Chinese Messaging App Wechat Reportedly Suspends Accounts Linked to NFTs

Wechat, the Chinese messaging app, has reportedly suspended accounts that are linked to non-fungible tokens (NFTs). The objective of the crackdown is to stop the use of the affected accounts in promoting NFTs. The Growing

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AAVE Soars 53% in Past Week Despite Bitcoin’s Drop: Santiment

AAVE Soars 53% in Past Week Despite Bitcoin’s Drop: Santiment

Trending coin AAVE and other altcoins have shown a massive upsurge despite Bitcoin going down, while Peter Schiff announced himself as Satoshi On-chain data aggregator Santiment tweeted that altcoins rose, while Bitcoin was unable to

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Strong Crypto Adoption Momentum Highlighted in New Survey

Strong Crypto Adoption Momentum Highlighted in New Survey

Inflation-stricken Brazil and Indonesia are in the lead when it comes to global cryptocurrency adoption According to a recent survey conducted by Gemini, a popular cryptocurrency exchange run by the Winklevoss twins, around 50% of

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Funds from Biggest Ever DeFi Hack Started Moving

Funds from Biggest Ever DeFi Hack Started Moving

$610 million stolen from the Ronin bridge are now being "washed" The $610 million recently stolen by an as-yet-undisclosed hacker is being actively redistributed among various wallets and solutions to hide tracks and withdraw fiat

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Indonesian Government Sets Crypto Tax at 0.1% to Be Levied Starting in May

Indonesian Government Sets Crypto Tax at 0.1% to Be Levied Starting in May

The Indonesian government has decided to tax capital gains income from crypto investments at 0.1% starting in May. In addition, value-added tax (VAT) of the same rate will be levied on crypto purchases. Indonesia to start

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JPMorgan Sees Limited Upside for Crypto Markets

JPMorgan Sees Limited Upside for Crypto Markets

JPMorgan Chase & Co. has warned that any upside for crypto markets from here would likely be more limited. Basing their prediction on the relationship between stablecoins and the rest of the crypto market, the

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US SEC Insists Companies to Account for Risks Related to Crypto

US SEC Insists Companies to Account for Risks Related to Crypto

The US Securities and Exchange Commission (SEC) – urged local companies that provide crypto services to disclose the associated risks with such operations to clients. The agency warned investors to be utterly cautious when delving

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U-Turn: Singapore’s Largest Bank Won’t Extend Crypto Services to Retail Clients

U-Turn: Singapore’s Largest Bank Won’t Extend Crypto Services to Retail Clients

Piyush Gupta – CEO of Singapore’s leading bank DBS Bank – revealed his institution will not extend its crypto trading services to retail customers in “the immediate future.” The announcement contradicts the company’s initial intentions

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