SBF ‘didn’t like’ decentralized Bitcoin — ARK Invest CEO Cathie Wood

Bitcoin (BTC) is too “decentralized and transparent” for former FTX CEO Sam Bankman-Fried, says Cathie Wood. In a tweet on Dec. 10, Wood, who is CEO of investment giant ARK Invest, delivered... Read more »

Analyzing the WBTC FUD after the FTX collapse and its depeg

Wrapped Bitcoin is the leading form of Bitcoin “wrapped” in a smart contract on the Ethereum network. This allows it to be used in Ethereum-based decentralized finance (DeFi) applications. WBTC is backed... Read more »

Full Ban on Crypto in Russia Would Be Counterproductive, Rosfinmonitoring Says

Russian citizens and businesses already own cryptocurrencies, which is why a complete crypto ban would be counterproductive, according to a top executive of Rosfinmonitoring, Russia’s financial intelligence agency. At the same time,... Read more »

Bank of Russia Backs Crypto Mining Bill But Insists Minted Coins Should Be Exported

The monetary authority in Moscow has expressed support for the latest legislative attempt to legalize cryptocurrency mining. However, the regulator wants the extracted digital currency to be sold outside the country or... Read more »

Goldman Sachs buying crypto firms, FTX news, 3AC and Celsius updates: Hodler’s Digest Dec. 4-10

Top Stories This Week 7 class action lawsuits have been filed against SBF so far, records show Former FTX CEO Sam Bankman-Fried has been named in seven class action lawsuits filed since... Read more »

Bitcoin on-chain deep dive: BTC falls below the global electrical cost

A chorus of recession calls Fed officials have been prohibited from speaking ahead of next week’s fed funds announcement; investors have been left pondering on U.S. rate cuts priced in for 2023... Read more »

European Union to Put a 10,000-Euro Limit on Cash Payments; Transactions Over €1,000 in Crypto Will Be Scrutinized

The states of the European Union have convened to establish a new limit on cash purchases and to strengthen the controls on cryptocurrency transactions. On Nov. 6 the bloc agreed to put... Read more »

What is spot trading in crypto and how does it work?

Since their inception, cryptocurrencies have seen rapid growth and widespread market adoption, as evidenced by the assets tied to crypto assets that have started to appear in the portfolios and trading methods... Read more »

Rural Kenya harnesses stranded potential energy to mine BTC using hydropower

A rural village in Kenya has been using off-grid energy generated using hydropower to mine Bitcoin (BTC) and power 500 families nearby. Bitcoin Is Key To An Abundant Clean Energy Future pic.twitter.com/cLY9JWXIE9... Read more »

Data shows the Bitcoin mining bear market has a ways to go

Bitcoin (BTC) mining is the backbone of the BTC ecosystem and miners’ returns also provide insight into BTC’s price movements and the health of the wider crypto sector. It is well-documented that... Read more »