Cryptocurrency Analysis and News Portal
Cash Cloud, the operator of Coin Cloud digital currency automatic teller machines (ATMs) in the United States and Brazil, filed for Chapter 11 bankruptcy in U.S. Bankruptcy Court for the District of Nevada on Feb. 7. According to its filing, the company has liabilities between $100 million and $500 million, with
Read More
Coin Cloud was provided an unsecured loan of $100 million from Genesis Global Trading. Original Source
Read More
A local report states that the investigation will be conducted by a unit dedicated to “special tax investigations.”South Korean tax authorities are investigating local crypto exchange operator Bithumb Holdings. This is according to a Tuesday report by Yonhap News which states that the National Tax Service is reportedly investigating possible
Read More
Former Chairman of Bithumb Holdings was recently acquitted of fraud charges. Source
Read More
The embattled former BTC-e operator has spent over 3 months in US custody and wants bail due to his trial delay.Alexander Vinnik, the alleged operator of the defunct Russian crypto exchange BTC-e, has requested bail due to the delay of his trial. The Russian computer expert’s defense team has also
Read More
Stc Bahrain, a subsidiary of the Bahrain telecoms operator Stc Group, recently said its partnership arrangement with payment service provider Eazy Financial Services has created an opening that allows clients to pay bills using crypto. According to a statement, the telecom operator’s move demonstrates its “strong focus on advancing Bahrain’s
Read More
NTT Docomo, Japan’s largest mobile operator with over $40 billion in annual revenue, partnered with multichain smart contract platform Astar Network to accelerate the Web3 implementation in the country. The joint effort will take the form of a consortium, which would give individuals and corporations the ability to utilize tokens for
Read More
A district judge has ordered a bitcoin Ponzi operator to be arrested and imprisoned after he ignored multiple court orders and failed to pay the U.S. Securities and Exchange Commission (SEC) $40 million. He pleaded guilty to securities fraud in 2015. Bitcoin Ponzi Operator Faces Imprisonment After Failing to Pay SEC Judge
Read More
The acquisition will add around 9% to Crusoe’s capacity, such that the firm will count 125 deployed flare gas-powered modular data centers. This will, in turn, increase its capacity to reduce CO2-equivalent emissions to approximately 800,000 metric tons per year, which is the equivalent of removing approximately 170,000 cars from
Read More
Bitcoin Depot, the world's largest operator of crypto ATMs, plans to go public with a listing on Nasdaq by merging with special purpose acquisition company (SPAC) GSR II Meteora at an estimated value of $885 million, according to a statement shared with CryptoX. Source
Read More