Ban on Crypto Mining in Residential Areas Proposed in Russia
Advisors to the Kremlin have suggested that home crypto mining should be banned in Russia, or in some of its regions. The stated motive for the proposal is to prevent…
Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go
The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited…
US Lawmaker Outlines Priorities to Regulate Crypto and Make America the Place for Blockchain Innovation
The chairman of a newly formed digital assets committee, U.S. Congressman French Hill, has outlined some priorities to regulate the crypto sector and ensure America is the place for fintech…
CZ predicts ‘existential implications’ for anti-crypto traditional finance
While the reluctance of traditional players is a deterrent to crypto’s adoption in the short term, CZ argues that the decision might backfire over the next two decades. As traditional…
White House cryptocurrency ‘roadmap’ recommends against pension funds
The Biden administration touted its comprehensive framework and encouraged regulators and Congress to tighten the screws on crypto in a new statement. The White House released a statement on Jan.…
US prosecutors seek to ban SBF from Signal after alleged witness contact
It’s alleged that the former FTX CEO attempted to arrange a “constructive relationship” with the current General Counsel of FTX US, Ryne Miller. Federal prosecutors have requested that former FTX…
Why MATIC Price Rally Is Stopping at Nothing, Armed with More Transactions Than Ethereum
The value of MATIC, the native token of Polygon, a layer 2 blockchain built on Ethereum has skyrocketed in 30 days to trade at $1.142 Go to Source
White House: Crypto Regulation Drama
The White House blamed Congress on Friday for delaying the creation of a comprehensive, national regulatory framework for cryptocurrencies, citing a number of steps that Go to Source
Silvergate suspends dividends to preserve ‘highly liquid balance sheet’
January has been a rough month for Silvergate, with the dividend halts coming just a few weeks after it announced a Q4 2022 loss of $1B and laid off 200…
Bitcoin will hit $200K before $70K ‘bear market’ next cycle — Forecast
Stochastic patterns leave the door open for 189% BTC price gains versus the current Bitcoin all-time high, according to one analyst. Bitcoin (BTC) has “well-formed” evidence, which suggests that its…
Solana DeFi project Friktion shuts down its user platform
Friktion is urging its customers to withdraw assets from the protocol as the front-end shuts down. Solana decentralized finance (DeFi) platform Friktion is shutting down its user interface and urging…
The state of Solana: Will the layer-1 protocol rise again in 2023?
Despite the latest FTX-related crisis, Solana still has what it takes to win the layer-1 race, according to the head of strategy at the Solana Foundation, Austin Federa. About two…
SEC Commissioner Calls for ‘Consistent Legal Framework’ for All Asset Classes, Including Crypto
A commissioner with the U.S. Securities and Exchange Commission (SEC) has called for “a coherent and consistent legal framework that works across all asset classes,” including crypto assets. She warned…
Goldman Sachs Ranks Bitcoin Best Performing Asset so Far This Year
Goldman Sachs has ranked bitcoin the best-performing asset so far this year. The cryptocurrency also tops the global investment bank’s list as the asset with the highest risk-adjusted return —…
Global Digital Cluster Coin (GDCC) Is Now Available on LBank Exchange
PRESS RELEASE. LBank Exchange, a global digital asset trading platform, has listed Global Digital Cluster Coin (GDCC) on January 27, 2023. For all users of LBank Exchange, the GDCC/USDT trading…