The now-defunct crypto lender Blockfi has recently filed a court document outlining its plans to liquidate the company. The firm has come to the realization that selling the company would not be beneficial to its creditors. As a result, Blockfi has decided to take matters into its own hands and proceed with a self-liquidating transaction. …
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The government of Iraq issued a ban on using the U.S. dollar for conducting business transactions on May 14. The ban, which is already in effect, is designed to bolster the usage of the Iraqi dinar, the fiat currency of the country, and to reduce the influence of the dollar and its exploitation in black …
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Peter Schiff, best-selling author and chief economist of Europac, has warned about the coming of a new great depression period in America. In an interview, Schiff stated that official Consumer Price Index (CPI) numbers were designed to mislead the public and that the country was going to face a depression worse than the one it …
According to statistics from mid-May 2023, 18 different application-specific integrated circuit (ASIC) bitcoin mining devices are profitable using today’s bitcoin exchange rates. Additionally, the top bitcoin mining machines today are made by three prominent ASIC manufacturers, as fabrication competition these days is limited. 18 ASICs Profit With Electricity Costs at $0.12 per kWh and Today’s …
The Hackers Group affiliated with North Korea has stolen $721 million from Japan since 2017, as per a study conducted by a U.K based compliance […] Go to Source
The crypto space was for more than four weeks stormed by a viral meme coin, Pepe (PEPE) as the fear of missing out (FOMO) spread […] Go to Source
Founder and CEO of crypto hedge fund Morgan Creek Digital Mark Yusko is sticking to his prediction that a digital asset bull market is imminent. In a new Blockworks Macro interview, Yusko says that his call for a crypto bull market to begin this month is a little premature. The Morgan Creek executive now believes …
BCH developer Jason Dreyzehner states that the latest upgrade incorporates support for CashTokens, which he considers a “tool for expanding financial access.” News Join us on social networks The Bitcoin Cash (BCH) network underwent a major upgrade, allowing developers to create tokens with the same properties as BCH. These are called “CashTokens,” and they can …
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A related report by the FDIC chief risk officer cited poor management as “the root cause of Signature Bank’s failure.” News Join us on social networks Investigations into the collapse of Signature Bank point toward illiquidity circumstances and poor management. However, the Federal Deposit Insurance Corporation (FDIC) chairman, Martin Gruenberg, believes the bank’s failure to …
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The much-needed upgrade will provide a number of improvements across the network, and come at a time when competition in the layer 2 space has been heating up. News Join us on social networks Layer 2 scaling solution Optimism is set to undergo its highly anticipated Bedrock upgrade on June 6. The move is expected …
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Around 5 billion people are online and digitally-bound assets should get the same treatment as any other type of property, says Sandbox co-founder Sebastien Borget. Interview Join us on social networks Digital assets such as cryptocurrencies and nonfungible tokens should be recognized as legitimate property, especially as more of the world’s population goes digital, argues …
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The world’s largest cryptocurrency exchange by trading volumes, Binance, is expanding its support for SUI, the native token for the Sui Network, and the PEPE […] Go to Source
Bitcoin (BTC) began the trading week in the green, reclaiming the crucial $27,000 support level. This follows last week’s disheartening losses which saw the big […] Go to Source
The United States Department of Justice (DoJ), a crypto tsar, is shifting its focus to hunt for Decentralized Finance (DeFi) hackers and exploiters amid the […] Go to Source
With an ambitious plan and a presale that has already reached over $7.9 million, AiDoge is quickly becoming a hot topic among crypto enthusiasts. While […] Go to Source
