This year, crypto stocks have outperformed most major cryptocurrencies. Core Scientific (CORZ), a major bitcoin miner, has seen its shares rise by 1,140% to $0.87. The Texas-based firm filed for bankruptcy in December last year and is hoping to make a...
Hong Kong launched its crypto regulatory regime on June 1, but Bitcoin did not gain any momentum. BTC’s price fell 2% on Thursday, continuing Wednesday’s decline. Bitcoin ended the month with a 10% decrease for the first time in this year. The crypto...
Mawson Infrastructure Group announced that it had signed an agreement to build a new facility in Ohio. The company has also announced that it will be pulling out of Australia and its previous ventures. The new mine in Ohio is expected to have a capacity...
The United States Federal Court has recently issued a default judgement and permanent injunction to Johann Steynberg. He was the CEO of Mirror Trading International, a now-defunct bitcoin Ponzi scheme. In a Statement issued by the U.S. derivatives regulatory agency the Commodity Futures...
Despite the uncertainty surrounding the crypto market, Bitcoin is now at $28,000 again. This bullish move comes after Binance’s CEO Changpeng Zhao was sued by the Commodities Futures Trading Commission, which triggered large withdrawals on exchanges. $660 Million in Bitcoin Flows Out...
In an interview published by New York Magazine’s Intelligencer, Gary Gensler, chairman of the U.S Securities and Exchange Commission (SEC), explained why all crypto tokens except bitcoin are securities. Gensler believes the securities watchdog has all the legal tools necessary to monitor...
Binance’s largest cryptocurrency exchange will not allow banks to process transactions for customers exceeding $100,000. This change is effective from February 1, 2018. This new minimum is part of the lender’s plan to limit its exposure in digital-asset markets. Signature Bank,...
A large number of bitcoin ( ETH) has left exchanges since the FTX’s crash on Nov. 5, 2022. According to cryptoquant.com statistics, $6.02 billion worth of bitcoin has been lost since the day 51 days ago. This was the longest period of bitcoin and/or...
A Linkedin post by Torres Legal explains El Salvador’s creation of a National Bitcoin Office. It was created in Decree No. 49 by Nayib Bukele, Salvadoran president. Decree No. 49, published in El Salvador’s Official Gazette, is summarized in Article 2, Torres explains. “Article two” describes the...
The bitcoin ( Bitcoin] mining company Cleanspark (Nasdaq : CLSK), which reported that its total hashrate exceeded five exahash per seconds (EH/s), explained that it would increase its year-end goals to 5.5 EH/s. Cleanspark announced that it had purchased a new batch bitcoin mining rigs worth...
