Iris Energy Bitcoin Mining company Receives $103M Default Notice
The company’s average mining hash rate in October was 3.9 EH/s. As it stands, the company looks to have fallen on hard times due to a confluence of factors. Bitcoin…
Coinbase in Germany Under Scrutiny by Financial Regulator BaFin
The regulator claimed to have discovered “organizational deficiencies” at the exchange. It showed inconsistencies in the way the company was run across all audited departments. BaFin, Germany’s Federal Financial Supervisory…
98% of Projects Listed on #Uniswap Are Scam
Some crypto traders think the report is outrageous, noting that the methodology used by the researchers is flawed.A new study has found nearly all crypto projects listed on Uniswap between…
NFT Inquiry Filed by UK Parliament Group as Crypto Scrutiny Rises
DCMS announced that it will also investigate the underlying blockchain technology that supports NFTs.According to the DCMS committee’s statement, NFT regulation in the UK is mainly non-existent.The UK government has…
Twitter Co-founder Jack Dorsey Shares Note Amid Mass Lay-off
Reports of the widespread layoffs emerged on Twitter’s website, along with photos.Jack expressed appreciation for everyone who had a hand in making Twitter so far.Many of the laid-off Twitter workers…
Joe Biden says Musk’s Twitter is a global lie machine as he attacks Elon Musk
The US President says that Musk has purchased a platform that spreads misinformation everywhere.Elon Musk recently claims that Twitter’s staff reduction is unavoidable.Joe Biden, the US President has recently slammed…
JPMorgan Hints Prolonged Crypto Winter Amid Decline in VC Funds
The third quarter of this year saw a record low of $4.4 billion in venture capital financing. Coinbase said that it does not anticipate a rapid recovery in the cryptocurrency…
Indian minister is blaming crypto for growth in anti-social activities
Amit shah stated that the amount of drug smuggling cases has increased by 152% between 2006-2022. According to ANI, more than 13 tons of drugs were seized in the presence…
Binance considering buying a bank with Over $1 Billion to bridge the gap between TradFi and cryptocurrency
Binance is considering purchasing a bank soonly, as per Changpeng Zhao. CZ stated that the exchange is open to minority investments. Changpeng Zhao, the Binance CEO, has the desire to…
MoneyGram to Enable US Customers to Trade and Store Bitcoin and Ether
MoneyGram users in the United States will now be able to trade and hold major crypto like Bitcoin, Ether, and Litecoin. Money transfer services giant MoneyGram will now allow customers…