Cryptocurrency Analysis and News Portal
The total capacity of crypto mining facilities in Russia has been increasing in the past year, despite the market downturn and sanctions, according to a survey of leading operators. Depressed prices of mining equipment and stronger interest from domestic customers have been identified as major factors for the trend. Miners Prepare
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The Bank of England (BoE) and Treasury believes the United Kingdom is likely to need to create a central bank digital currency (CBDC) by 2030, according to a Telegraph report on Feb. 4. The "digital pound" roadmap is set to be introduced next week, a government source told the newspaper. Deputy
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A property linked to Sam Bankman-Fried's political spending was pulled off the market by the seller as a sign of "good faith" after being linked to FTX customer funds, the Wall Street Journal reported.The townhouse - located a few blocks from the United States Capitol, in the Capitol Hill neighborhood
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The National Bank of Kazakhstan (NBK) has launched a digital tenge pilot project, according to a report published jointly by the bank and Binance on Feb. 3. The report looked at global approaches to digital asset regulation, the digital asset industry and decentralized finance (DeFi) in Central Asia and the
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The bank's blockchain product director believes DeFi will one day replace traditional banking services. Original Source
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The government, which is in the process of changing regulators for crypto, had initially planned to roll out the trading platform by end-2021. Source
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Alphabet posted a less-than-savory Q4 2022 report that reflects the current tech downswing and looming recession. Alphabet Inc (NASDAQ: GOOGL) recently posted its Q4 2022 results, which showed earnings miss on its top and bottom lines. As a result, the tech giant’s stock slid nearly 4% in the after-hours session, eroding some of
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The cost of holding a bullish long position in perpetual futures tied to bitcoin has jumped to the highest since the dizzy bull market days of late 2021. Source
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Crypto bank Silvergate is reportedly being probed by the United States Department of Justice fraud unit over its involvement with the bankrupt FTX exchange and its affiliates.The probe is investigating Silvergate’s hosting of accounts linked to former FTX CEO Sam Bankman-Fried’s businesses, according to “people familiar with the matter” as
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Shares of Silvergate Capital (SI) fell sharply after the market close on Thursday following the publication of a Bloomberg article that the U.S. Department of Justice’s fraud unit was looking into the crypto bank’s dealings with the now-bankrupt FTX and Alameda Research. Source
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