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Now, the network has been shut down – closed last week as the bank’s parent company, Silvergate Capital Corp., acknowledged there were questions about its ability to continue as a “going concern,” and that it would be late in filing an annual report with securities regulators. Even before the announcement,
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In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, some of the world’s top bitcoin mining pools are also using their hashrate to merge-mine other coins, and these networks have benefited from
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By Masha Balanovich, External Communications Manager at Drofa Comms. The fintech headlines blur into one another, speculating and predicting the future of blockchain and the crypto industry.
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According to Agustin Carstens, the head of the Bank for International Settlements (BIS), cryptocurrencies have lost the “battle” against fiat currencies issued by the world’s central banks. While speaking at the Monetary Authority of Singapore on Wednesday, Carstens stressed that stablecoins are not reliable because they lack the “institutional arrangements
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Bitcoin (BTC) NFTs will have a positive impact on Bitcoin ecosystem by improving its security and incentivizing developers to build on the network, according to independent developer Udi Wertheimer. The number of newly created Ordinals, also referred to as "inscriptions", have been spiking in recent weeks, causing a surge in transaction
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Lido and Rocket Pool didn’t immediately see a massive rush in of capital after Kraken announced it had settled with the SEC. Source
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An investigation into FTX’s collapse by an examiner could cost the firm upwards of $100 million without providing any benefit to creditors or equity holders, argues lawyers representing the bankrupt crypto exchange. The arguments were part of a Jan. 25 objection to a motion from the United States Trustee in December,
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U.S. Rep. Jim Himes says that following the collapse of FTX, lawmakers have their “shields up." Source
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Place/Date: - January 9th, 2023 at 1:10 pm UTC · 3 min read Source: Big Eyes Coin Photo: Big Eyes CoinAs crypto begins to warm up to 2023, analysts and investors are paying close attention to two types of cryptocurrencies: stablecoins and
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Place/Date: Brentford, United Kingdom - January 2nd, 2023 at 11:49 am UTC · 3 min read Contact: EDrive Token, Source: EDrive Token Photo: EDriveToken / FacebookEDrive Token aims to bring innovation to the automotive industry through blockchain technology. EDrive Token has been keen
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