Bitcoin Miner Canaan Reports 82.1% Revenue Decline in Q4 2022.
Canaan saw a 368.2% increase in mining income, to the tune of $10.46 million.The firm’s net income shifted to a loss of $63.6 million in Q4 2022.Canaan, a Chinese Bitcoin…
Court Approves Binance U.S to Purchase Assets of Insolvent Voyager.
Voyager will sell Binance the assets worth $1 billion under the supervision of a US court.The judge voiced his displeasure with the SEC’s decision to halt the transaction. After much…
Babel Finance Plan to Launch A New Stablecoin To Repay Debtors.
Babel co-founder Yang Zhou is now the company’s sole director. A completely reserved stablecoin dubbed HOPE is proposed as part of restructuring plan. According to a report by Bloomberg, Babel…
DogPad is The Known Shiba Inu Ecosystem Launchpad
DogPad focuses on providing a one-stop shop for token creation on the Shibarium network. DogPad provides several extra tools and services to speed up the token generation process.Shibarium, the layer-2…
Bybit Introduced Crypto Debit Card Powered By Mastercard
Bybit partners with Mastercard to introduce crypto payments debit card.Bybit temporarily suspended US Dollar bank transfers.The world’s significant crypto exchange, Bybit, revealed the launch of the “Bybit Card”. The debit…
Amazon to Enter NFT Marketplace Next Month.
The service will initially be available to U.S. users only.Anyone without access to cryptocurrency wallets like MetaMask may still purchase NFTs.According to reports, the tech giant Amazon will debut its…
Yuga Labs’ Bitcoin NFT Auction Collects Over $16 Million
288 successful bidders and the bids accumulated $16.5 million.The minimum quantity of bids was 20,000 satoshis.Yuga Labs, the parent company of Bored Ape Yacht Club (BAYC) have successfully winded up…
Cryptocurrencies to Watch this Week
This week’s top cryptocurrencies are SNX,OP,BTC,PAW,SHIB.In the last 24 hours, PAW has increased by 42.96%.Many major coins have seen significant gains so far in 2023, which has been a great…
Stocks Rise Ahead of Jerome Powell’s Testimony
Fed Chair Jerome Powell presents testimony on Tuesday.Emerging market stocks rose over the weekend.The U.S. dollar turned slightly up today as traders and investors await the Federal Reserve Chair Jerome…
Australian Central Bank Publishes Intended and Planned Use Cases For CBDC
The selected use cases were picked from several proposals made by industry members. Jones claims that the pilot and larger studies would run simultaneously. Recently, the Australian central bank, which…