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"Once licensed to be operational, Crypto.com will be able to extend its approved suite of duly regulated virtual assets activities spanning a range of crypto exchange services (spot and derivatives), brokerage, margin/leverage trading, and OTC offerings around settlements for institutional investors," the announcement said. Source
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In mid-November 2022, Hut 8 stopped mining with 7,000 rigs at a site in North Bay, Ontario due to an ongoing dispute with its energy provider, Validus Power. Hut 8 has now removed all machines from the facility to a site in Medicine Hat, Alberta. Pressed about progress by analysts
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Nigerian customer's of the crypto exchange AAX reportedly attacked the company's office in Lagos and harassed its employees, in a response for the recent halt of withdrawals, according to local reports from Dec. 3. Although it's unclear when the assault happened, the Nigerian Blockchain Technology Association Stakeholders (SiBAN) confirmed the storm
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Weeks after the AAX exchange started halting its withdrawals, its vice president for global marketing and communications announced that he has resigned from his role at the cryptocurrency exchange. In a Twitter thread, Ben Caselin confirmed that he has left the firm and highlighted reasons as to why he decided to
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The independent examiner in crypto lender Celsius’ bankruptcy case has alleged that the company failed to set up “sufficient” accounting and operational controls in its handling of customer funds. In an interim report released on Nov. 19, examiner Shoba Pillay made a number of stark observations in her court-appointed investigation into
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Blockcap, one of the largest Bitcoin mining firms in North America, has added more than 12,000 additional Bitmain Antminer S19s to its inventory.The firm is now expecting to have deployed more than 40,000 Bitcoin miners by the fourth quarter, and projects an operational hashrate of roughly 3.5 exahashes per second,
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The grip of cryptocurrencies and their underlying blockchain infrastructure is slowly but surely gaining a foothold in our world. Businesses are increasingly turning to decentralized solutions for improving the efficiency of their operations and cutting costs. But the solutions available now are no longer coping with the requirements that modern
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Steemit took to Twitter today to announce to their fellow-Steemians that Steemit is back up and running and fully functional after having suffered from a bug in the curations reward curve.Bug in the curations reward curveAccording to a blog post from Sept. 3, Steemit is now fully operational again,
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