The previous 12 months have been a year full of trials and tribulations for the cryptocurrency industry, traders, and investors. The industry saw a significant portion of its market cap evaporate, and conditions have become […]
Flashbots is seeking to raise $50 million with a $1 billion pre-money valuation, according to The Block, citing sources aware of the deal. Pitch To Flashbots For A Chance to Invest As they look to crowdfund, it […]
JPMorgan Chase CEO Jamie Dimon dissed Bitcoin (yet again) on the sidelines of the World Economic Forum’s annual summit in Davos, Switzerland. In an interview with CNBC, Dimon said, “Bitcoin itself is a hyped-up fraud, […]
VeChain (VET) broke out from a lengthy descending wedge after increasing 22% last week. This is a strong sign of a long-term bottom. The price of VET has been declining since reaching an all-time high […]
The Bitcoin hash rate is trending at near all-time highs, per on-chain data on January 20, 2023. Bitcoin Hash Rate at 274 EH/s According to streams from BitInfoCharts, the Bitcoin network currently has a hash rate of […]
Silvergate Capital Corporation, the parent firm of the crypto-focused bank Silvergate Bank, has attributed the $1 billion loss it incurred in the fourth quarter of 2022 to the confidence crisis that permeates the entire crypto […]
Nexo Capital Inc. was fined by the U.S. Securities and Exchange Commission (SEC) unregistered offer and sale of its lending product. The securities regulator said in a statement that Nexo agreed to pay a cumulative fine of […]
Chia Network will continue with its IPO plans, according to newly appointed CEO Gene Hoffman. The company’s IPO plans have been in the works for years. Mining-focused network Chia Network is planning to move forward […]
Bitcoin (BTC), the leading cryptocurrency by market value, traded in stasis at around $21,000, exhibiting a 0.7% gain on a 24-hour basis after the Genesis news hit the wires. The second-largest cryptocurrency, ether (ETH), changed […]
Gemini and Genesis forged a working relationship in 2021 for Gemini Earn, a high-yield-bearing offering serving hundreds of thousands of U.S. investors. For the “Earn” product, Gemini lent customers’ funds to Genesis, which, in turn, […]
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