Optimism announces 2nd round funding for Retroactive Public Goods
9.12.2022
Optimism has taken to Twitter to share the news about its upcoming Retroactive Public Goods Funding round. It is tentatively scheduled to go live in February next year with the initial distribution of 10M OP. The distribution will be done among people and projects responsible for powering...
Coinbase takes a shot at Tether, encourages users to switch to USDC
9.12.2022
Coinbase’s request comes just a couple of months after Binance ceased support for USDC
Crypto Miner Hive Cuts Computing Power Forecast for Intel Chip-Based Rigs
9.12.2022
The Canadian firm said it would receive 5,800 machines by end-January, raking in upwards of 630 PH/s
Revealed: Shark Tank Superstar Kevin O’Leary Was Paid This Much by FTX to Promote Platform
9.12.2022
Investor and Shark Tank Judge Kevin O'Leary has revealed that he has lost almost all the $15 million the now-bankrupt cryptocurrency exchange FTX paid him to be its official spokesperson....
Read More: Revealed: Shark Tank Superstar Kevin O’Leary Was Paid This Much by FTX to Promote Platform
FTX reportedly gets 3 more months to stop all operations in Japan
9.12.2022
Japanese authorities have postponed FTX Japan’s suspension deadline because the firm has so far failed to return assets from custody to creditors
Massachusetts Senator Forwards Bill Aimed at Forcing Crypto Miners to Report Greenhouse Gas Emissions
9.12.2022
On Dec. 8, 2022, three Democratic politicians from Massachusetts, Oregon, and California revealed legislation aimed at combatting “energy-intensive” cryptocurrency mining operations. The bill introduced by senator Ed Markey (D-MA) alleges that crypto mining “strains...
Crypto Trading Firm Amber Group Ditches $25M Chelsea Sponsorship Deal Amid Layoffs: Report
9.12.2022
Hong Kong-based cryptocurrency trading firm Amber Group is terminating a $25 million sponsorship deal with football club Chelsea FC, according to a Bloomberg report
UK Extends Crypto Tax Break for Investment Managers in Financial Reforms
9.12.2022
Rishi Sunak’s government has already legislated to use stablecoins as a means of payment as he seeks to make the country a crypto hub
Turkey has an obsession with crypto — specifically Dogecoin: Study
9.12.2022
A new study reveals Turkey in second place for crypto-related searches worldwide and first place for Dogecoin-related searches
Paraguayan Cryptocurrency Law Shelved After Presidential Veto
9.12.2022
The cryptocurrency and mining law that the Paraguayan Congress passed in June was finally shelved on Dec. 5. The document, which sought to bring order to crypto mining and exchange activities in Paraguay, was ultimately dropped after failing to obtain the votes needed to reject the presidential...
Bitcoin price targets stretch to $19K as BTC jumps 4% from daily lows
9.12.2022
Bitcoin retains $17,200 after an overnight squeeze takes BTC price action to within reach of one-month highs
Kevin O'Leary lost the $15M he was paid to be FTX's spokesperson
9.12.2022
Kevin O’Leary fessed up to making a massive mistake with FTX, and is working to find out where his money went amid the bankruptcy