Pushing Bitcoin to become more scalable with zero-knowledge proofs
For all the good that Bitcoin brings to the table, it also possesses a commonly accepted issue in scalability. Bitcoin...
Month: August 2022
Bitcoin price dives pre-FOMC amid warning $17.6K low was not the bottom
Bitcoin (BTC) dropped to weekly lows at the Aug. 17 Wall Street open as upcoming Federal Reserve comments unsettled risk...
Canadian Pension Fund CDPQ Writes Off $200 Million Worth Of CAD Investment To Celsius Network
Canadian investment management firm CDPQ has written off its $200 million investment to Celsius networkThe firm had earlier invested its...
The Ethereum Foundation Clarifies 8 Misconceptions Ahead Of The Merge
Summary: The Ethereum Foundation released an update to debunk misinformation regarding the Merge.ETH’s switch from Proof-of-Work to Proof-of-Stake is scheduled...
Genesis CEO Michael Moro Steps Down Amid 20% Staff Cuts And 3AC Losses
Summary: Michael Moro has left his role as the CEO of beleaguered crypto broker Genesis.Moro’s exit was announced alongside a...
Michael Moro leaves Genesis Trading amid growing financial struggles
One week after reporting a 9% decline in loan agreements through its lending desk, Genesis has reportedly laid off 20%...
Developers could be punished for code created to commit crime, says Dutch regulator
Netherlands’ Fiscal Information and Investigation Service (FIOD), which arrested a Tornado Cash developer on Aug. 12, said that developers could...
Bitcoin Lightning Network at regulatory risk after Tornado Cash saga
Policy Advisor Patrick Hansen posted his thoughts on the regulatory risk now facing the Bitcoin Lightning Network following sanctions against...
Do Kwon hires lawyer in preparation for defense in South Korea
Terra co-founder Do Kwon has hired a lawyer in preparation for his defense against South Korea’s legal actions, South Korea-based...
Celsius to explore options for refunding customers at UCC meeting
With multiple financing offers reportedly coming for Celsius Network, it announced it would meet with the Unsecured Creditors Committee (UCC)...
Research: Options market analysis suggests Ethereum’s Merge may be a ‘buy rumor, sell news’ event
The long-awaited Merge will connect Ethereum’s existing execution layer to its Proof-of-Stake consensus layer and general market sentiment has investors...
Ethereum Foundation addresses misconception around gas fees in new Merge update
The Ethereum (ETH) Foundation revealed that the Merge would not reduce gas fees, and it will not enable staking withdrawals...
Biggest Movers: EOS up Nearly 20%, Token Hits 3-Month High
Eos rose by as much as 20% on Wednesday, as bulls continued to react to the news of its upcoming...
Bit Mining Secures $9.3 Million Registered Direct Offering From Institutional Investors
Bit Mining Limited has announced that it has entered a $9.3 million registered direct offering with specific institutional investors. Bit...
Bitcoin, Ethereum Technical Analysis: BTC Remains Below $24,000 After Falling for Fourth Consecutive Session
Bitcoin continued to trade below $24,000 today, as the token fell for a fourth consecutive session. Following last week’s bullish...
