News

Compass Mining loses facility after allegedly failing to pay power bill
June 28, 2022 6:07 AM

The facility owner Dynamics Mining publicly took to Twitter to share the letter terminating its hosting agreement with Compass Mining, saying it had unpaid bills.

Tether CTO refutes stablecoin FUD as short-sellers circle
June 28, 2022 5:50 AM

Paolo Ardoino alleged some hedge funds are trying to create pressure “in the billions” to “harm Tether liquidity” so that they can eventually buy back tokens at a much lower price.

CoinFLEX recovery plan includes tokenized bad debt and more yields
June 28, 2022 5:26 AM

The crypto lender issued a no-liquidation account to an unnamed whale on the condition that the account would never go negative, but that plan has backfired.

Crypto community confused as Celsius continues with weekly rewards
June 28, 2022 5:11 AM

Some Twitter users have called it “insulting” that Celsius continues to pay weekly rewards despite still pausing withdrawals.

Unizen ‘CeDeFi’ smart exchange secures $200M investment from GEM
June 28, 2022 2:42 AM

The alternative investment group is banking on the “CeDeFi exchange” to shape the “future of finance” with a commitment that will bolster Unizen’s ecosystem.

Community reacts after SEC’s Gensler affirms BTC’s commodity status
June 28, 2022 2:33 AM

Gensler said he saw many crypto assets having attributes of a security, adding that Bitcoin is the only crypto he was comfortable publicly labeling as a commodity.

Harmony hacker sends stolen funds to Tornado Cash mixer
June 28, 2022 1:51 AM

The exploiter seems to have rejected the Harmony team’s bounty offer of $1 million to return the $100 million stolen from the Horizon Bridge token bridge.

Institutional crypto asset products saw record weekly outflows of $423M
June 28, 2022 1:25 AM

Canadian investors represented a hefty $487.5 million worth of outflows for crypto investment products, with the figure partially offset by $70 million worth of inflows from five other countries.

Central African Republic president launches crypto initiative following Bitcoin adoption
June 27, 2022 9:00 PM

The Sango project’s plans include building a "legal crypto hub," expanding the adoption of Bitcoin, and creating a “crypto island” — a special economic zone in the metaverse.

'Crypto is just like the end of the 90s with the internet bubble,' says Hodl CEO Maurice Mureau
June 27, 2022 8:45 PM

Mureau remains bullish on crypto's outlook despite a severe bear market in recent months.

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