Cryptocurrency News

Bitcoin (BTC) mining companies have suffered in 2022 due to the crypto bear market. Nonetheless, their stocks collectively saw a sharp rebound on July 6, raising hopes that investors have started to buy the dips. One of the intraday winners was Bitfarms (TSE: BITF), which surged by over 24% to close at $1.29. Similarly, Marathon Digital […]

Hive Blockchain Technologies Ltd, a Vancouver-based cryptocurrency mining company headquartered in Canada, said it received a letter from Nasdaq requesting the company to renew its annual report on Form 40-F (“Form 40-F”). The letter reads, “due to delays in filing submit plans to meet exchange listing compliance”. Form 40-F includes audited financial statements, the chief

While the market goes steady, the crypto ecosystem continues to grow as merchants innovate and adopt cryptocurrency payments in their quest to gain new customers.  Data platform PYMNTS collaborated with Bitpay to survey merchants, in an attempt to understand the trends on what the participants expect from digital currencies and their effect on payments and

Since the crypto industry is growing at a frantic pace, blockchain analytics can help fill the void of curbing money laundering and cybercriminal activities, according to Raj Chowdhury, the CEO of HashCash Consultants. “There has been a conscious effort in implementing stricter crypto regulations worldwide. Blockchain analytics will play a crucial role in decision-making processes

Days after pausing trading, withdrawals and deposits, crypto exchange Voyager Digital is filing for bankruptcy under Chapter 11 in the Southern District Court of New York. Voyager’s Chapter 11 bankruptcy filing indicated that it is on the hook for anywhere from $1 billion to $10 billion in assets to more than 100,000 creditors. The troubled

Panelists at the Federal Reserve’s first conference on the international role of the dollar, are not impressed with the prospect of a US Central Bank Digital Currency (CBDC). According to a report published on Tuesday, July 5, regarding the conference in June, a panel examining digital assets pointed out that a US-issued CBDC is unsatisfactory

A subsidiary of the Huobi cryptocurrency exchange called HBIT Inc has received its Money Services Business (MSB) license from the United States Financial Crimes Enforcement Network (FinCEN). The Seychelles based Huobi said on July 5 that the license creates a foundation for it to carry out crypto-related business in the U.S. in the future, as

Nexo’s plan to buy a cryptocurrency lender may be coming to fruition as the company has shown interest in acquiring Vauld Group. This development comes after Vauld Group announced earlier this week that it has halted withdrawals and other operations on its platform in the wake of the ongoing onslaught in the digital currency ecosystem. According

MakerDAO is voting on a proposal that will bring a traditional bank into its ecosystem for the first time, allowing the bank to borrow against its assets using decentralized finance (DeFi). Currently 83% of voters are in favor of the proposal. Voting ends at 12pm ET on July 7. The proposal involves creating a vault

A British racing team Vincenzo Sospiri Racing (VSR), the GT racing team backed by Lamborghini Squadra Course, announced a new non-fungible token (NFT) certification program that aims to verify (certify) racing car parts. Vincenzo Sospiri Racing said on Tuesday that it has partnered with the corporate NFT platform, Go2NFT, to launch an official non-fungible token