Winklevoss Twins’ Gemini Commits to Return $1.1 Billion to Earn Customers
Gemini Trust, owned and controlled by the Winklevoss twins, has settled with the New York State Department of Financial Services (DFS), committing to return $1.1...
MAS Grants Bitstamp Crypto Regulatory Approval for Singapore Expansion
Bitstamp, a European cryptocurrency exchange, has secured in-principle regulatory approval from the Monetary Authority of Singapore (MAS). It positions Bitstamp as the first major European...
Bitget’s User Base Soars to 25 Million amid Crypto Boom
The rise of Bitcoin (BTC) to historical highs has led the cryptocurrency exchange Bitget to increase its number of clients to over 25 million and...
Argo Crypto Miner Chops Galaxy Debt by 60% in $6.1M Deal
The publicly-listed cryptocurrency mining company Argo Blockchain (NASDAQ: ARBK), has entered into an agreement to sell its data center located in Mirabel, Quebec for $6.1...
Bitcoin’s Rally beyond $60,000 Leaves Coinbase Users with Zero Balance
Bitcoin surpassed $60,000 yesterday (Wednesday). It also exposed the readiness of a top crypto exchange, Coinbase, as some of its services crashed due to massive...
Hut 8 Shuts Canadian Bitcoin Mining Site to Strengthen Efficiency and Financials
Hut 8 (Nasdaq | TSX: HUT), a prominent cryptocurrency mining corporation, has shuttered its Bitcoin mining site in Alberta, Canada. Announced yesterday (Wednesday), the decision...
Hong Kong’s Regulator Launches Probe into Crypto Exchange BitForex
Hong Kong’s Securities and Futures Commission (SFC) has flagged BitForex, a cryptocurrency exchange, for suspected fraud. The exchange abruptly went offline on February 23, with...
Binance.US Reduced Two-Third of Its Staff amid 75% Revenue Loss
Binance.US, the US-incorporated unit of Binance that operates independently from the global parent, laid off two-thirds of its staff, around 200 employees, following the actions...
Binance Ceases Nigerian Naira Services amid Legal Dispute
Binance declared today (Tuesday) that it will terminate all Nigerian naira services amidst an escalating legal battle with the Nigerian government. The move comes as...
Institutional Investors FOMOing into Bitcoin ETFs as Price Eyes New Highs
A BlackRock exchange-traded fund (ETF) investing in Bitcoin (BTC) saw record inflows of $520 million on Wednesday, marking the largest daily intake for any US...