While bitcoin’s price dropped below the $20K region, the network’s hashrate slipped under the 200 exahash per second (EH/s) region to 167 EH/s on June 18. At the time of writing, the hashrate is coasting […]
A class-action suit was filed against Coinbase on Thursday, claiming the trading platform was negligent in its listing of the TerraUSD Classic (USTC) stablecoin and alleging that it failed to disclose its financial relationship with […]
Russia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform within a month, a top executive revealed this week. The announcement comes after earlier this […]
From SXSW and NFT LA, to Consensus and NFT.NYC, Tulum’s own multidisciplinary artist Alejandro Glatt has made it his mission to connect humanity with nature and Web3 technology through the power of fruit. As the […]
Vueling, a member of the International Consolidated Airlines Group, signed an agreement with BitPay to allow customers to pay for flights using crypto. Spain’s largest airline, Barcelona-based Vueling, will accept cryptocurrency payments for individuals through […]
Bitcoin (BTC) attempted to reclaim $20,000 as support on June 19 as bulls faced a $7,000 weekly red candle. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $16,000 eyed for possible next move Data from Cointelegraph […]
The U.S. Department of Labor is receiving pushback from an industry initiative, requesting it rescind its previous guidance on including crypto in 401(k) plans. The Crypto Council for Innovation (CCI) comes with support from Coinbase […]
Key Takeaways Celsius is being investigated by state securities regulators from Texas, Alabama, Kentucky and New Jersey following its decision to halt customer withdrawals. The company has been communicating with regulators. Celsius is facing liquidity […]
Babel Finance – an Asian crypto lending platform coming off a $2 billion valuation – has revealed that it is facing liquidity pressures. In response, it has paused all withdrawals and redemptions from the products […]
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