Over the last 24 hours, the cryptocurrency market cap saw net outflows of $1.08 billion and currently stands at $811.42 billion — down 0.13%. Bitcoin’s market cap fell 0.2% to $324.13 billion.... Read more »
U.S. Congressman Warren Davidson has touted the self-custody of cryptocurrencies as the antidote to crypto exchange FTX’s fraud. He is pushing for his bill called “Keep Your Coins Act,” which aims to... Read more »
A state-owned electric utility provider in the Canadian province of British Columbia is set to halt all new electricity-connection requests from cryptocurrency miners for a period of 18 months. The British Columbia... Read more »
Jump Crypto (JC) released a research article on Dec. 21 analyzing Proof of Solvency (PoS) vulnerabilities and how PoS works in theory — but fails in practice. In the article, the research-driven... Read more »
Bitcoin (BTC) price lost 11.3% between Dec. 14 and Dec. 18 after briefly testing the $18,300 resistance. The move followed a seven-day correction of 8% in the S&P 500 futures after United... Read more »
On Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11 bankruptcy protection in the Southern District of Texas. According to the filing,... Read more »
Over the last 24 hours, the cryptocurrency market cap saw net inflows of $1.17 billion and currently stands at $812.5 billion — up 0.14%. Meanwhile, Bitcoin and Ethereum’s market cap grew 0.4%... Read more »
A U.S. senator has suggested that cryptocurrency should “maybe” be banned following the collapse of crypto exchange FTX. However, he acknowledged that banning crypto “is very difficult because it will go offshore... Read more »
According to a Dec. 20 filing with the United States Securities and Exchange Commission, Bitcoin (BTC) miner Greenidge has reached an agreement with its creditor, fintech firm NYDIG, to restructure approximately $74 million... Read more »
The bitcoin mining operation Greenidge Generation Holdings Inc. has executed a restructuring deal with NYDIG, according to an announcement published on Tuesday. According to the non-binding term sheet agreement, NYDIG will obtain... Read more »
