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Bitcoin
Swyftx to chop its ‘Earn’ program this week, citing murky regulations
Australian crypto exchange Swyftx is set to shutter its crypto-interest product this week, citing a “constantly changing regulatory landscape” for crypto products in the country. From Jan. 10, the crypto exchange will cease to operate the […]
Ethereum
Crypto companies aim to build trust within future products and services
The cryptocurrency ecosystem underwent a turbulent year in 2022. Criticism inside and outside of the crypto industry was fueled following the collapse of FTX, Celsius, Three Arrows Capital and the Terra ecosystem. A number of […]
Blockchain
Logan Paul backflips on defamation lawsuit against Coffeezilla, apologizes
YouTuber Logan Paul has deleted a video in which he threatened to sue internet detective Stephen “Coffeezilla” Findeisen over a three-part series that painted Paul’s CryptoZoo project as a “scam.” According to Coffezilla in a Jan. […]
Cryptocurrency
Pace of Huobi Withdrawals Subsides as USDD Sees Renewed Slide
The pace of withdrawals from crypto exchange Huobi slowed on Sunday, according to data from Nansen, despite a recent slide in the price of Tron’s USDD stablecoin. Clients of Huobi had withdrawn $60.9 million from […]
Altcoin
BUSD Sees $5 Billion Reduction in Supply in 24 Days, Relationship With Turkish Lira Continues – Altcoins Bitcoin News
According to statistics, the stablecoin BUSD saw a significant drop in its supply over the past 30 days, shedding roughly 23.8% from Dec. 5, 2022, to Jan. 6, 2023. Since Dec. 13, 2022, BUSD’s supply […]
Mining
Crypto Miners in Kazakhstan Start Paying Higher Electricity Fees – Mining Bitcoin News
Since the beginning of 2023, cryptocurrency miners operating in Kazakhstan are obliged to pay new fees for the power they need to mint digital coins. A surcharge introduced in 2021 now depends on the price […]
Regulation
Hedge funds subpoenaed by US prosecutors as Binance probe unfolds: Report
United States prosecutors are reportedly investigating hedge funds’ relationships with Binance as part of a long-running money laundering probe of the cryptocurrency exchange. According to anonymous sources cited by the Washington Post, the U.S. attorney’s […]
Business
Dogecoin And Shiba Inu are Losing Ground to Snowfall Protocol
Since investors in Dogecoin (DOGE) and Shiba Inu (SHIB) were among the worst sufferers during the recent market crash, crypto enthusiasts have turned toward tokens that have strong market viability. Thus, Snowfall Protocol (SNW) has […]
Market Analysis
Solana Network Remain Functional Despite RPCs Being Offline
Solana Foundation-ran Remote Procedure Call (RPC) endpoints are offline because of a bug in the Validator client’s test release 1.14. Solana Status said the bug impacted nodes that had adopted the latest test release. It […]
