Rising electricity costs and falling digital asset prices, combined with high mining difficulty in the fourth quarter, slashed mining margins and made it difficult for miners to stay afloat.
American rapper and actor Snoop Dogg has been revealed as one of the co-founders of Web3-powered live-streaming app “Shiller” adding yet another Web3 partnership for the famous hip-hop artist.
Cryptocurrency exchange Binance sought to hire Gary Gensler as an advisor before he became chairman of the SEC, according to a Wall Street Journal report based on 2018 and 2020 messages and documents and interviews with former employees.
The Company Behind Stablecoin Tether. Rejected a Wall Street Journal report that it had ties to entities that falsified documents and used shell companies to maintain access to the banking system.
Digital asset investment firms poured $2.7 billion into decentralized finance projects in 2022, a 190% increase from 2021, while investments in centralized finance projects did the opposite falling 73% to $4.3 billion over the same period.
El Salvador’s President Nayib Bukele has revealed that the country’s tourism industry has grown by 95% since Bitcoin was adopted as an official payment method.
Babel Finance, one of many crypto lending firms affected by the 2022 bear market, is exploring new restructuring opportunities, including minting new tokens.
In 2020, the Central Bank of the Bahamas became the first bank in the world to offer a central bank-issued CBDC (Sand Dollar) to all residents of the island nation.
The Bank for International Settlements (BIS) reports that it has completed a project with the central banks of Israel, Norway and Sweden exploring international
On March 6, European cryptocurrency investment company CoinShares released the "Digital Asset Fund Flow Report", which shows that investors continue to show negative sentiment towards encrypted investment products
French luxury fashion house Hermès International has asked a Manhattan federal court to prevent artist Mason Rothschild from marketing or owning his "MetaBirkin" non-fungible token
Bitcoin has fallen 5% over the past week amid speculation that an impending payment to creditors of the now-defunct MT Gox exchange could have a negative impact on the cryptocurrency market.
Coinbase CEO Brian Armstrong has hinted that the company's new layer 2 blockchain network Base may be subject to transaction monitoring and anti-money laundering measures at launch.
Utah-based Green United LLC supplied software and crypto mining equipment as part of an $18 million "fraudulent scheme" that never mined what it claimed would, according to the U.S. Securities and Exchange Commission (SEC).
US-based bitcoin mining company TeraWulf has launched a new cryptocurrency mining facility in Pennsylvania running entirely on nuclear power generated on-site.
Local authorities in Singapore have announced that they have opened an investigation into Do Kwon's Terraform Labs. According to Bloomberg, the Singapore police sent an email on March 6
Many were excited when Yuga Labs announced its first NFT collection of ordinals last month, but the exact nature of its auction process has proven highly controversial.
