BlackRock Fined $2.5M by the SEC as Bitcoin ETF Evaluation Awaits
The United States Securities and Exchange Commission (SEC) announced imposing a $2.5 million fine against BlackRock owing to its' failure to define investments in the...
Sam Bankman-Fried Defense Identifies Financial Expert as Witness to Dismiss DOJ Testimony
The defense team assembled by former FTX chief executive Sam Bankman-Fried confirmed it would call financial experts to testify regarding the now-bankrupt FTX financials. The...
Former PayPal President Introduces Email Payment Option to Bitcoin’s Lightening Network
David Marcus is the former president of PayPal and co-founder of the Diem project. Diem was a virtual currency project that was started by Facebook...
Bitcoin Mining Taps Paraguay Itaipu Dam to Power Facility
Sazmining's founder Kent Halliburton has, in a recent statement, confirmed tapping the Paraguay Itaipu dam for cheap energy to power the newly established mining facility....
Union Pressure Compels Pennsylvania to Scrap 2-year Mining Moratorium Provision
Representative Greg Vitali, the bill’s sponsor, incorporated a clause to subject miners to current reporting stipulations to have the bill ratified by a Pennsylvania House...
Venezuela’s Suited to ‘Special Crypto Utility’ Amidst Hyperinflation
Venezuela is moving to a ‘de-facto dollarization economy,’ thus contradicting cryptocurrency supporters’ claims. Owing to authoritarianism and hyperinflation, Venezuela has regularly been placed in a...
Elliptic Alleges Russian Actors’ Likely Involvement in $477M FTX Hack
Most of the funds taken from the insolvent exchange have been blended with those of Russian offenders. Elliptic, a blockchain surveillance company, claims there is...
Ferrari to Accept Crypto Payments for Luxury Cars
Ferrari is reportedly accepting Bitcoin payments for its luxury sports car product in the USA. The firm has told the media that it is going...
Bitcoin’s Depressing Third Quarter Ranks Second Last in Returns
Over the past three months, Bitcoin has registered a drop of 11% and only beat long-term treasuries. Bitcoin (BTC) struggled a lot in the third...
Investors Withdraw Class-Action Lawsuit Against Do Kwon and Terraform Labs
The controversy around Terraform Labs has started to slow down. The founder of the project Do Kwon who has been dealing with a class-action lawsuit...