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Home2022August

Month: August 2022

Crypto Miner Marathon Increased Bitcoin Holdings Amid $191.6M Quarterly Losses
Cryptocurrency

Crypto Miner Marathon Increased Bitcoin Holdings Amid $191.6M Quarterly Losses

August 9, 2022 CryptoExpert

Marathon Digital Holdings Inc. (NASDAQ: MARA), a leading cryptocurrency mining company, has reported a net loss of $191.6 million (or $1.75 per share) as its Bitcoin production slumps. The firm reported producing 707 Bitcoin in […]

Marathon Digital
Mining

Marathon Digital Posts Negative Q2 Results, but Increases Bitcoin Production 8% YoY – Mining Bitcoin News

August 9, 2022 CryptoExpert

Marathon Digital, one of the biggest mining companies in the Bitcoin ecosystem, has posted its financial results corresponding to the second quarter of the year. The company revealed that even having increased its production by […]

Brazilian Congress Fails to Vote on Cryptocurrency Bill, Next Discussion Scheduled for September
Regulation

Brazilian Congress Fails to Vote on Cryptocurrency Bill, Next Discussion Scheduled for September – Regulation Bitcoin News

August 9, 2022 CryptoExpert

The Brazilian Congress failed to address a proposed cryptocurrency bill this week. While the proposed public policy was indeed on the agenda, the deputy chamber focused on discussing bills that tend to other issues, including […]

Chainlink Plans to Only Support PoS After Ethereum Merge
Technology

Chainlink Plans to Only Support PoS After Ethereum Merge

August 9, 2022 CryptoExpert

Chainlink has announced that it will not support any proof-of-work Ethereum forks after Ethereum’s merge to proof-of-stake. In a memo to the community, the smart contract oracle provider said it wants to align with the […]

Sygnum Bank to Offer Cardano (ADA) Staking
Business

Sygnum Bank to Offer Cardano (ADA) Staking

August 9, 2022 CryptoExpert

Zurich-based Sygnum Bank has announced Cardano (ADA) staking, adding to its portfolio of Ethereum, Internet Computer (ICP), and Tezos (XTZ). Clients can now stake ADA from their existing crypto wallets to earn staking rewards. Sygnum’s […]

Litecoin price forecast as the fear and greed index recovers
Market Analysis

Litecoin price forecast as the fear and greed index recovers

August 9, 2022 CryptoExpert

Litecoin price has crawled back in the past few days as the crypto industry and stock market rebounded. LTC was trading at $61.74 on Tuesday, which was about 52% above the lowest level this year. […]

US Treasury Department Sanctions Crypto Mixing Service Tornado Cash
Politics

US Treasury Department Sanctions Crypto Mixing Service Tornado Cash

August 9, 2022 CryptoExpert

The U.S. Treasury Department’s Office of Foreign Assets Control has sanctioned the token mixing platform Tornado Cash. According to the department, the mixing service has been responsible for $7 billion in illicit fund flows since […]

White hat hackers have returned $32.6M worth of tokens to Nomad bridge
NFT

White hat hackers have returned $32.6M worth of tokens to Nomad bridge

August 9, 2022 CryptoExpert

Mere hours after the Nomad token bridge published an Ethereum wallet address last week for the return of funds following a $190 million hack, whitehat hackers have since returned approximately $32.6 million worth of funds. […]

Hodlnaut Becomes Latest Crypto Lender to Freeze Withdrawals
Business

Hodlnaut Becomes Latest Crypto Lender to Freeze Withdrawals

August 8, 2022 CryptoExpert

Key Takeaways Hodlnaut is the latest cryptocurrency lender to halt withdrawals and operations, citing “market conditions.” The firm has also withdrawn its application for a digital payment token license before the Monetary Authority of Singapore, […]

Bitcoin and Ethereum Look Set to Break Out
Market Analysis

Bitcoin and Ethereum Look Set to Break Out

August 8, 2022 CryptoExpert

Key Takeaways Bitcoin gained over 1,000 in market value early Monday. Meanwhile, Ethereum saw its price jump above $1,800.  The technicals and fundamentals now point to further gains on the horizon.  Share this article The […]

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  • Is Elon Musk’s SpaceX Quietly Selling Bitcoin?
  • J.P. Morgan Taps Marex as Clearing Firm for Settlements on its Blockchain
  • Ethereum Holds Support as Key Indicator Signals First Bullish Crossover Since September
  • Ethereum Treasury Trade Unwinds, Large Players Amass ETH Supply
  • Ethereum Treasury Trade Unwinds, Large Players Amass ETH Supply
  • Ethereum Treasury Trade Unwinds, Large Players Amass ETH Supply
  • Italy orders non-compliant VASPs to exit as MiCAR rules kick in
  • Internet Computer (ICP) crashes to $3.50 as AI hype fades and market pressure mounts
  • SoftBank negotiating deal to buy DigitalBridge Group: Report
  • Spotify aims to rival YouTube and TikTok with new video service
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