Interoperability protocol Celer Network (CELR) has asked its users to revoke the approval for several contracts after shutting down its cBridge over a suspected DNS hijacking. According to the project’s initial analysis, there was some […]
BTC prices continued to trade down but within a narrow trading range. Bitcoin (BTC) fell 2% on Tuesday, its fourth consecutive daily decline.The largest cryptocurrency by market capitalization has dropped 6% since crossing $25,000 briefly […]
Power needs of cryptocurrency miners in Russia have grown significantly since 2017, with consumption of electrical energy seeing a 20-fold increase over the five-year period. In 2021, the minting of the coin with the largest […]
U.K.-based digital bank Revolut has been authorized by Cyprus to provide cryptocurrency services to millions of customers on the Old Continent. The fintech firm says the regulatory approval will allow it to establish a European […]
The U.S. Federal Reserve Board has said it has released the final guidelines which are set to be used by Reserve Banks when “reviewing requests to access Federal Reserve accounts and payment services.” According to […]
The team behind the upcoming Ethereum merge has taken to its website to put to bed rumors regarding what to expect after the merge. The upcoming merge is predicted by Ethereum co-founder Vitalik Buterin to […]
Michael Moro, the CEO of Genesis Trading, is stepping down from his position as pressure mounts from exposure to Three Arrows Capital (3AC). A household name in institutional crypto lending and prime broking, the New […]
Total value locked (TVL) on Solana was on an uptrend in July due to renewed interest in the decentralized finance (DeFi) space and other sectors of the crypto finance industry. Solana has been one of […]
As the Ethereum Merge draws near, many are speculating on its economic effects. To provide a clearer view to those who anticipate the major upgrade, Lex Sokolin, the head economist at ConsenSys, shared his insights […]
Key Takeaways Genesis Trading has announced the replacement of its CEO Michael Moro. It will also cut 20% of its workforce. The company has recently made a slew of new executive hires, however. Genesis held […]
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