Mining
Month: June 2023
Regulation
First Mover Asia: Here's Why Bitcoin's Support is Holding at $25K
These are challenging times for the crypto market, but bitcoin is holding firm. Source link
Ethereum
Blockchain-Based, AI Compute Protocol Gensyn Closes $43M Series A Funding Round Led by a16z Crypto
With its latest round, Gensyn has raised more than $50 million and the company said it would use the fresh capital to accelerate the introduction of the protocol and to expand its workforce, including the […]
Market Analysis
Binance, Binance.US, and Coinbase collectively lose $4B in outflows
The US SEC has sued both Coinbase and Binance for allegedly violating securities laws. Most of the outflows are occurring through Ethereum Network. Between Monday and Thursday, there was a net outflow of $3.1B through […]
Market Analysis
Charles Hoskinson of Cardano Seeks Reconciliation with XRP
In a surprising turn of events, Cardano founder Charles Hoskinson has expressed readiness to make peace with the XRP community after they fell out last year. Hoskinson and Ripple’s CTO David Schwartz buried the hatchet following his […]
Politics
US Crypto Sector Claims Gary Gensler’s SEC Poses Threats
In the US crypto sector, few figures are as hated as Gary Gensler has become in the past week. And the Chairman of the Securities and Exchange Commission (SEC) has quickly become crypto’s public enemy […]
Market Analysis
Binance Experiences 5 Days of Outflows Amid SEC Lawsuit
The total assets of Binance have declined by over $8 billion since the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against the firm on June 5. According to DeFillama data, the exchange’s total […]
Politics
Senator Lumis Vows to Push Forward With U.S. Crypto Regulation
The past week has been a difficult time for the U.S, crypto space. Following the Securities and Exchange Commission’s (SEC) move to categorize a number of major cryptocurrencies as securities, the sector has been reeling […]