The Biggest Bank In Russia Releases Digital Financial Assets Backed By Gold
George WardSber, also known as Sberbank, is the largest bank in Russia. The bank has announced the first issue of its…
Miners Are Starting To Move Away From Norway And Sweden As Energy Costs Soar – Report
Bitcoin mining is an energy-intensive process, and miners often look for ways to minimize their costs by locating their operations…
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Nexo Sends Final Offer To Vauld’s Creditors Via An Open Letter
Yesterday, Vauld CEO Darshan Bathija informed the company’s creditors that the proposed agreement with Nexo had been scrapped. However, in…
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UK’s Crypto Drive Faces Uncertainty As Regulatory Crisis Looms
Britain is facing its worst historical moment, with several social and economic metrics pointing to a gloomy future. The country…
Billionaire Bill Ackman Defends SBF After $250M Bail
In a recent tweet, a hedge fund manager, Bill Ackman, argued that the former FTX CEO does not look like…
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Kraken Launches The Beta Version Of Its NFT Marketplace To The Public
On Thursday, Kraken exchange announced the public launch of Kraken NFT. Kraken NFT is the exchange's NFT marketplace where creators…
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SEC Official Warns Crypto Investors About Proof-of-Reserve Audits
Paul Munter, the US SEC's current chief accountant, has issued a warning to crypto investors. Munter advised crypto supporters not…
British Columbia To Stop New Electricity Connection For Crypto Miners
A state-operated power service provider in British Columbia has decided to pause all new power requests from crypto miners for…
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Traditional Finance Services Overtake Crypto Sector As Fallout Fears Intensifies – Report
2022 will forever remain a watershed moment for the digital asset ecosystem, as the industry witnessed one of its most…
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Ethereum Likely In Danger As Supply Offset Drops Significantly
Ethereum's burn rate and supply have hit rock bottom recently, even as the broader crypto market struggles to pull itself…
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US Regulator Increases Scrutiny of Crypto Auditing Firms
The US Securities and Exchange Commission (SEC) has stepped up its surveillance of the digital asset industry by keeping tabs…
We Have Over $1 Billion Cash Asset – FTX
After appointing their restructuring advisors, including Alvarez & Marsal, to improve performance and restructure their system, the collapsed digital asset…
I Am Going To Stop Talking About XRP, Says Cardano Founder
Nathan FergusonCharles Hoskinson, the founder of Cardano (ADA), has announced not to discuss the XRP token because of the dangerous community…
Former Executives At FTX And Alameda Hit With More Fraud Charges
According to reports, the US SEC (Securities and Exchange Commission) and the CFTC (Commodities Futures Trading Commission) have filed new…