Mar 16 2023
Mt. Gox creditors will have an additional month to select and register how they wish to receive compensation from the defunct exchange. This becomes clear from the by the exchange’s trustee Nobuaki Kobayashi. The deadline for the Selection and Registration was March 10, 2023 (Japan time) But the Rehabilitation Trustee has changed the deadline (“Deadline”) …
Mar 15 2023
Six executives of the cryptocurrency Ponzi scheme AirBit Club have pleaded guilty for their roles in an internationally coordinated series of fraud and money laundering charges. This includes co-founders Pablo Renato Rodriguez and Gutemberg Dos Santos, their attorney Scott Hughes, and AirBit promoters Cecilia Millan, Karina Chairez, and Jackie Aguilar. US Attorney Damian Williams said …
Mar 15 2023
Hive said hedging its energy contracts, selling power back to the grid, and optimizing its operating capacity to focus on maximum profit per KWHR helped it realize a profit from mining operations in the third quarter of 2022. During this period, it reportedly mined 787 Bitcoin, with a 25% Gross Mining Margin representing $3.62 million …
Mar 15 2023
Nansen announced the launch of Nansen Query, a new solution designed to offer a comprehensive data solution to crypto-focused teams and projects. Nansen revealed that the new platform would enhance multi-chain data access, helping entities make better customer, product, and investment decisions. The solution gives businesses access to reliable, secure, and highly scalable data pipelines, …
Mar 14 2023
CoinEx, a Hong Kong-based crypto exchange, was found to be selling cryptocurrencies that U.S. regulators had previously identified as securities and/or commodities. The cryptocurrencies by name are LUNA, AMP, LBC, and RLY, which the AG’s office was able to purchase using a New York-based IP – a state in which CoinEx is not a licensed …
Mar 14 2023
SOL failed to maintain its price within the descending triangle, and with the support at $20 turned into resistance, it’s currently in search of support. The most likely area where Solana can stop this selloff is found at $15. Support at $17 may provide a relief bounce, but considering this momentum, it is unlikely to …
Mar 14 2023
Silicon Valley Bank was shut down on Friday, and the market crumbled. However, it didn’t take long for the US Government to step in. In a joint statement by the Federal Reserve, Treasury Department and the Federal Deposit Insurance Company, officials to make depositors whole. This step will ensure that the U.S. banking system continues …
Mar 13 2023
The U.S. Department of the Treasury announced Wednesday that it hadthree entities and two individuals for illicitly generating revenue in support of the North Korean government. Chilsong, which reports directly to the Supreme Leader Kim Jong-un’s regime, accumulates foreign currency, collects intelligence, and provides cover statuses for intelligence operatives, authorities said. Paekho, also a subordinate …
Mar 10 2023
Bakhtiyar Hajiyev has been on a hunger strike for 50 days to protest the criminal charges against him, which he alleges to be politically motivated. In Azerbaijan in recent years there has been an epidemic of leaks of private, personal content, often targeting opposition activists. It is unclear who is behind the channel, but in …
Mar 09 2023
The past seven days saw Bitcoin’s price increase by a whopping 10% in a few violent green candles that took place in the span of a couple of days. This brought a lot of positivity to the industry, and the total capitalization is also up by about $100 billion. At the time of this writing, …