Feb 25 2024
Bitcoin miner Core Scientific has completed its reorganization and is coming out of Chapter 11 with an improved financial position. The company said it anticipates initiating the listing of its common stock, tranche 1 warrants, and tranche 2 warrants on the Nasdaq Global Select Market under the symbols CORZ, CORZW, and CORZZ, respectively, starting from …
Feb 24 2024
A Binance Survey targeting users in France, Italy, Spain, and Sweden found 73% of respondents are positive about the future of digital assets. Results revealed a trend of optimism, exclusive engagement with crypto assets, surging , growing trust, and increasing utility. Around 24 per cent of respondents also revealed more than half of their total …
Feb 24 2024
LockBit operated on a “ransomware-as-a-service’ model, providing a platform for a global network of hackers to launch attacks. Law enforcement agencies infiltrated LockBit’s primary platform and critical infrastructure, including 34 servers located in multiple countries such as the Netherlands, Germany, Finland, France, Switzerland, Australia, the United States, and the United Kingdom. The international crackdown was …
Feb 24 2024
The United States Securities and Exchange Commission (SEC) has again delayed its decision on whether to approve or not a joint spot Ethereum exchange-traded fund (ETF) proposed by Invesco and Galaxy Digital. This marks the second postponement after a similar in December and aligns with the SEC’s recent trend of pushing back deadlines for Ethereum …
Feb 24 2024
CleanSpark Inc. has unveiled plans to increase its operating hash rate. The company aims to double its hash rate in preparation for the upcoming Bitcoin halving event. In light of this, the firm has revealed strategic acquisitions and expansion initiatives to enhance its mining capabilities and geographic reach. The firm plans to acquire three turnkey …
Feb 23 2024
South Korea’s ruling People Power Party is reportedly advocating for a further two-year taxation postponement on cryptocurrency investment gains. The program was scheduled earlier for 2023 and rescheduled to January 2025, and the current request is looking to push it to 2027. A political leader from the party also highlighted the risks of implementing taxation …
Feb 23 2024
Chainlink’s LINK token has surged 38% since late January, propelling it to a 24-month peak, with its market cap reaching $10 billion. A mysterious whale has recently been accumulating Chainlink (LINK), according to Lookonchain. The unidentified entity, potentially an institutional player, has withdrawn 2.7 million LINK tokens from the cryptocurrency exchange Binance using 49 new …
Feb 23 2024
Adrien Treccani, Metaco’s founder and CEO, and CPO Peter DeMeo have left the firm. Metaco is yet to announce the employees who will fill in those roles. Speculators believe the Ripple deal may have raised the need for a leadership transition. Ripple acquired the custody firm in May 2023 for $250 million.. Ripple looked forward …
Feb 23 2024
The cryptocurrency market continues trending upward in the first months of 2024. For the first time since April 2022, the total market capitalization has exceeded the $2 trillion mark. Bitcoin is leading the pack, charting an increase of around 20%, while the majority of altcoins are lagging behind. The frontrunner of Decentralized Finance (DeFi), Ethereum, …
Feb 22 2024
Hester Peirce, a commissioner for the United States Securities and Exchange Commission (SEC), has expressed her disagreement with the agency’s denial of a petition to amend a rule that prevents defendants from denying any allegations in settlement enforcement actions. The gag rule is a part of the SEC’s policy adopted in 1972, which requires defendants …