Over a thousand Bitcoin mining machines have been steamrolled in Malaysia amid allegations that the owners used stolen electricity to power their rigs. According to a report by local publication…
FTX, the cryptocurrency exchange founded by Sam Bankman-Fried, has raised $900 million in a funding round, with investors including Sequoia Capital, Paradigm and Coinbase Ventures. The company, which launched in…
In a blog post today, stablecoin issuer Circle revealed the various sources of backing that underpin its stablecoin USDC. Stablecoins are pegged to the price of a fiat currency—in this…
The European Commission (EC), which is the executive branch of the European Union (EU), confirmed a new proposal today, calling for stricter regulation of anonymous cryptocurrency wallets and transactions. Earlier…
Decentralized exchange Sushiswap, a fork of Uniswap, has unveiled four new Automatic Market Makers, or AMMs, that will expand the possibilities afforded to developers, traders, and users who stake funds…
The United States Securities and Exchange Commission yesterday announced that it had obtained a restraining order and asset freeze to halt the operations of a Las Vegas-based company Profit Connect…
As the price of Bitcoin plunged by another 4% over the last day, dropping below $30,000 for the first time in a month, stock markets around the world were rocked…
