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Investors lament potentially lost ‘millions’ on Voyager bankruptcy
10.7.2022
One user, referred to as Robert for anonymity purposes, stated he put roughly six figures on Voyager, representing 70% of his life savings, and feels lost on what to do moving forward
Trend Forecaster Gerald Celente Says World War 3 Has Begun — ‘If the People Don’t Unite for Peace, We Are Finished’
9.7.2022
This week Bitcoin.com News spoke with Gerald Celente, the popular trends forecaster, and publisher of the Trends Journal. During a telephone conversation, Celente discussed the uncertainty surrounding the global economy after governments worldwide locked down the world’s citizens over...
Iranian Power Utility Tavanir Vows Severe Measures Against Unlicensed Crypto Miners
9.7.2022
Iran’s state-owned power distribution company, Tavanir, has threatened harsher measures to discourage unauthorized crypto mining. These include much higher fines for those minting digital currencies with subsidized electricity and penalties for government officials involved in mining....
Not all investments lose value equally: A recovery period for digital assets
9.7.2022
With Bitcoin’s impressive recovery characteristic, could having it and other digital assets in an investment portfolio speed up the recovery time of the entire portfolio?
Report: South African Firm Launches ‘Crypto Water Token’ — Receives Investment of $150M
9.7.2022
The South African company behind the so-called “crypto water token” is reported to have secured an investment of $150 million from a Bahamas-based digital asset management company, GEM Digital. Initially available on decentralized exchanges only, the H2ON token was recently listed...
US Regulator Probes Bankrupt Crypto Lender Voyager Over Claims of FDIC Insurance
9.7.2022
The Federal Deposit Insurance Corporation (FDIC) is probing crypto lender Voyager Digital over claims that it is FDIC-insured. The crypto firm previously explained that through its strategic relationships with Metropolitan Commercial Bank, “all customers’ USD held with Voyager is FDIC...
Biden Administration Expected to Publish Report on Bitcoin Mining and the Industry’s Impact on Climate
8.7.2022
According to a new report, U.S. president Joe Biden and his administration are focused on proof-of-work (PoW) mining. The principal assistant director for energy for the White House Office of Science and Technology Policy (OSTP) discussed the research report on July 2, 2022. The OSTP official...
Hearthstone Is Randomly Awarding Some Players A Ton Of Free Packs
8.7.2022
It’s been a hot minute since I traded rungs in the middle of the Hearthstone seasonal ranked ladder. But some players who recently returned to Blizzard’s take on Magic: The Gathering were greeted with a generous surprise: dozens of free card packs. Before you go getting your hopes up, however,...
Proposal to Set Up Russian Crypto Exchange Circulated in Moscow
8.7.2022
Russia may establish a dedicated exchange to carry out cryptocurrency transactions locally, a high-ranking member of the State Duma has suggested. The new platform can be hosted by the Moscow Exchange, according to Anatoly Aksakov, head of the parliamentary financial market committee. Russian...
Today in Crypto Turmoil: Woes Deepen, Legal and Repayment Developments from Celsius, 3AC, Voyager Digital, and More
8.7.2022
The market may be on the up as the week draws to a close, but crypto turmoil shows no signs of abating. There are more goings-on at Three Arrows Capital (3AC), Celsius (CEL) is in the spotlight again – and the Voyager journey continues.
Here’s a round-up of the latest happenings in...
Marathon Q2 Bitcoin production down 44% as fleet remains crippled
8.7.2022
Marathon had a particularly rough production month in June after 75% of its fleet went down. It's still uncertain when its mining facilities will be able to come back online
Marathon Digital Continues to Hodl All Bitcoin, but Hints at Strategy Change
8.7.2022
Marathon bought $150 million of bitcoin with a NYDIG fund in January of 2021
Reddit Avatars Get The NFT Treatment In Cursed Limited-Edition Campaign
8.7.2022
Reddit just announced and opened a “Collectible Avatar” storefront. In this hub you can buy artists’ renditions of the social site’s congenial alien mascot Snoo, except they’re all NFTs. Hold for applause or for a little vomit to come out of your mouth.Read more
FDIC reportedly scrutinizing Voyager Digital marketing; complex SBF ties come to light
7.7.2022
Some Voyager Digital customers did not understand the scope of FDIC protection for their deposits, leading to questions about the firm’s marketing
Survey shows 55% of crypto investors chose to HODL as Bitcoin and altcoin prices collapsed
7.7.2022
Retail investors have been wary of buying the current BTC dip, but survey data shows that 55% of those already invested in crypto chose to HODL during the most recent volatility
Discussion Platform Reddit Introduces Blockchain-Backed Collectible Avatars to 52 Million Users
7.7.2022
The social media and discussion website Reddit has announced the launch of blockchain-backed collectible avatars. The collectible avatars are stored via the Polygon blockchain as the chain was chosen for its “low-cost transactions and sustainability commitments.” Reddit’s...
Galaxy Digital Hires Credit Suisse Veteran as Global Head of Distribution
7.7.2022
Danielle Johnson will be Galaxy Digital’s global head of distribution
What Yu-Gi-Oh Meant For Immigrant Duelists
7.7.2022
Yu-gi-oh never reached the same heights of global mainstream acceptability as Pokémon. The art had a bold style that never fell in line with mass market appeal, and each generation of cards came with a new convoluted ruleset that often stumped even the most dedicated fans. Yet the trading card game...
Russian State Duma Adopts Law Banning Payments With Digital Financial Assets
7.7.2022
The lower house of Russian parliament has adopted a law prohibiting the use of digital financial assets in payments. To implement the restriction, exchange operators have been obliged to reject transactions which make it possible to employ these assets as a means of payment. Russian Parliament...
Genesis Trading CEO confirms 3AC exposure, parent company helps plug losses
7.7.2022
Genesis Trading soldiers on after confirming 3AC exposure, while parent company Digital Currency Group assumes a portion of liability after losses