KuCoin Says It has Suspended BTC and LTC Mining Pools.
Users were cautioned to save any mining data and records before August 27. There have been rumors that KuCoin plans to lay off 30 percent of its staff. KuCoin, a…
XDC Hits One-Year High and Pump 300% in the Bear Market.
XDC price reached its highest level since January 2022. The XDC token defies market decline and surges 35.54% in a day to reach $0.86.Singapore-based XinFin Network native cryptocurrency XDC has…
Coinbase is Exploring ‘Best’ Way to Integrate Bitcoin Lightning Network, Says CEO.
The exec reiterated his stance on the LN integration in response to Jack Dorsey’s tweet. Coinbase CEO Brian Armstrong revealed that the crypto exchange is exploring the “best” way to…
Cathie Wood Offloads Millions Worth Coinbase and Robinhood Shares.
On August 3, Coinbase will release financial data for the second quarter. On Monday, COIN stock closed up 4% at $98.61, but it dropped 3.17% in pre-market trading.Cathie Wood, the…
ApeCoin (APE) Hits Record Low Amid Market Struggles
ApeCoin is facing challenges just days after Yuga Labs held an invitation-only event.The token has fallen from its all-time high to its new low by a whopping 93%. With further…
U.S Government Investigates BlackRock’s Chinese Investments.
The company issued a statement saying it had been communicating with the committee.The information from the probe would be used to better shape U.S. policy towards China.BlackRock, a firm that…
IRS Demands a Slice of Staking Rewards Under New Tax Reform.
IRS Demands a Slice of Staking Rewards Under New Tax Reform DEFI NEWSEarnings in cash, kind, or via stakes are all included in the definition of “gross income.”Internal Revenue Service…
Sorare Now Accepts Fiat Payments for NFT Trading Cards.
The platform has licensing agreements with some of the greatest sports leagues in the world. Sorare announced that the need to pay only in ETH on the platform has been…
FTT Pumps 15% Amidst FTX Revival Plan
FTX.com, a previously defunct crypto exchange, has filed a Reorganization proposal with the U.S. Bankruptcy Court. The FTX.com restart would only be available to offshore customers.Following the announcement, FTT token…
As Litecoin Halving Nears, LTC Holders Increase Exponentially.
Litecoin (LTC) halving is expected to bring a scarcity in LTC supply. The trading volume kept increasing irrespective of the LTC drop.Litecoin Halving, the recent talk of the town is…