Canaan reports better-than-expected revenue in Q2
Canaan Inc. (NASDAQ: CAN) has released its Q2 financial report showing an increase in mining revenue. The Bitcoin miner’s total revenue rose to $73.9 million,...
Crypto exchange Binance is considering a full exit from Russia
Key takeaways Binance is considering exiting the Russian market as it continues to face regulatory challenges in other parts of the world. The crypto exchange...
Binance excludes Banco de Venezuela from P2P payments
The world’s largest crypto exchange, Binance, has removed Banco de Venezuela as a payment method on its peer-to-peer (P2P) trading service. This follows similar moves...
Genesis and DCG reach in-principle agreement to recover creditors’ funds
Digital Currency Group (DCG) moving toward resolving the financial challenges of its crypto lending subsidiary, Genesis. The agreement could possibly lead to a fair recovery...
Akropolis (AKRO) up 441%: here’s why the crypto is rising
The price of Akropolis (AKRO) cryptocurrency has risen by 441% over the past year. In the past 24 hours, the coin has surged by 30%...
New tax rules for crypto in the US: Law Decoded
The United States Internal Revenue Service (IRS), which is responsible for tax collection in the United States, has released proposed regulations on the sale and...
US House Financial Services members scold Fed’s Powell for stablecoin bill obstruction
The Federal Reserve is seemingly running interference with congressional efforts to regulate stablecoins, according to a letter recently sent to Fed Chairman Jerome Powell. The...
Sam Bankman-Fried’s lawyers appeal decision on bail, citing First Amendment issues
Lawyers representing Sam Bankman-Fried, or SBF, have filed an appeal claiming the former FTX CEO’s bail was revoked “in retaliation for him exercising his First...
Stargate Deploys to Kava Chain Unifying Cosmos-Ethereum Liquidity – CoinJournal
Georgetown, Cayman Islands, August 28th, 2023, Chainwire Stargate, the leading omnichain liquidity layer, and native asset bridge with over $18 billion in lifetime transaction volume,...
SEC charges podcaster in first unregistered securities sales claim against NFT offering
The United States Securities and Exchange Commission (SEC) has charged a media and entertainment company with conducting unregistered securities sales when it sold nonfungible tokens...