Iris Energy to Expand Operations to 4.3 EH/S by Q4 2022
The Sydney-based Bitcoin miner Iris Energy, with sites in British Columbia, Canada, is deploying additional capital to improve its contribution...
Business
Shopify Reveals Range of New Crypto Features
Key Takeaways Shopify is now allowing customers and brands to connect through their crypto wallets. Taking advantage of tokenization mechanics,...
Bitfarms Sells 3,000 BTC to Help With Liquidity Amid Market Downturn
Canadian crypto mining giant Bitfarms has reneged on its hodling strategy and is instead selling 3,000 bitcoins for $62 million...
Bitpanda cryptocurrency exchange scores registration in Spain
Bitpanda, an Austrian cryptocurrency exchange that was valued at $4.1 billion last summer, has received registration as a digital currency...
Crypto lending can still survive bear market, analyst says
The ongoing bear market on cryptocurrency markets is too harmful to industry lenders, but the concept of crypto lending can...
Spanish Airline Vueling Becomes BitPay’s Latest Conquest
Vueling, a member of the International Consolidated Airlines Group, signed an agreement with BitPay to allow customers to pay for...
Bank of Israel, Hong Kong Monetary Authority to Test CBDC
The Bank of Israel is collaborating with the Hong Kong Monetary Authority in a trial for a new central bank...
Bear market no issue for Binance Labs’ DeFi incubation program
Binance Labs, the venture capital and incubation arm of the Binance cryptocurrency exchange, continues its business as usual despite the...
Celsius Investigated by Regulators in Four Different States
Key Takeaways Celsius is being investigated by state securities regulators from Texas, Alabama, Kentucky and New Jersey following its decision...
Experts on why bear markets are good for Bitcoin
The crisis has triggered a wave of panic in the community, with the Bitcoin miners’ selling activity surging to seven-month...
Celsius reportedly seeks advice from lawyers on restructuring
Crypto lending platform Celsius Network (CEL) has onboarded restructuring lawyers from Akin Gump Strauss Hauer & Feld to find potential...
Taxes of top concern behind Bitcoin salaries, Exodus CEO says
Major cryptocurrency wallet provider Exodus continues paying its employees in Bitcoin (BTC) despite the ongoing bear market, with the total...
BlockFi Cuts 20% of Workforce Amid Crypto Downturn
Key Takeaways BlockFi is firing 20% of its employees due to dramatic market conditions. The company is focusing on profitability...
Gensokishi Online – a 3D MMORPG With Fantasy World Economy on the Metaverse
Gaming enthusiasts who are into MMORPG probably need no introduction to Elemental Knights Online, the 3D MMORPG that lets players...
Coinbase CEO Responds to Petition Calling for Vote of No Confidence
Coinbase CEO Brian Armstrong has responded to an online petition calling for the removal of three top executives by an...
Frax Finance Founder Proposes $20M Repurchase of FXS Token
Frax Finance founder Sam Kazemian proposed to repurchase up to $20 million of the DeFi protocol’s own FXS token, to...
ApeCoin Community Votes to Remain on Ethereum Despite High Fees
The ApeCoin community has approved the proposal to keep the $APE token on the Ethereum blockchain for now, despite some...
Anchor dev claims he warned Do Kwon over unsustainable 20% interest rate
Anchor protocol was originally designed to offer an interest rate of 3.6%, but this was dialed up to 20% just...
Budweiser races into Zed Run’s NFT games
Popular beer manufacturer Budweiser has teamed up with Zed Run to deploy tokenized Clydesdale draught horses in its virtual NFT-based...
Official Tokensale for the First Muslim DEX DahabSwap Launched
Cryptocurrency has been under a ban in the Muslim world for a long time. Tokens and coins were equated with...
DeFi community rallies behind PoolTogether to hit $1.4M NFT defense funding target
No-loss lottery decentralized finance (DeFi) platform PoolTogether has reached 100% of its legal defense funding goal via the sale of...
Yuga Labs’ BAYC, OtherSide Discord groups breached, over 145 ETH stolen
Yuga Labs, the creator of two of the most popular ape-themed nonfungible token (NFT) offerings — Bored Ape Yacht Club...
