Tesla saw a net loss of $140 million on its Bitcoin in 2022
Tesla recorded gains of $64 million and impairment loss of $204 million. The company has revealed it sold 75% of its Bitcoin holdings, and held...
500K USDD up for grabs as Huobi and Tron launch Grand Hackathon Season 4
The new HackaTron has introduced two new tracks dedicated to returning participants and another for eco-friendly blockchain incentives. Participants will be able to submit submissions...
US lawmakers renew request for answers from Silvergate on FTX: Report
Several United States senators have reportedly penned a letter requesting answers from Silvergate Capital — the parent company of Silvergate Bank — related to the...
Inflows into Bitcoin products surged by $116 million last week
Digital asset investment products saw inflows of about $117 million last week, the biggest since July 2022. Bitcoin saw almost all of last week’s digital...
Pyth Network expands price feeds solution to Arbitrum
Pyth Network’s price feeds are now available on Arbitrum. Builders within the Ethereum scaling solution’s ecosystem can now tap into over 200 price feeds across...
Venom Ventures Fund Commits a $5 Million Strategic Investment in the Everscale Blockchain – CoinJournal
Abu Dhabi, Abu Dhabi, 31st January, 2023, Chainwire Venom Ventures Fund, a Web3 and blockchain innovation fund managed by Abu Dhabi-based investment fund manager Iceberg...
BAYC investors have less than a week to join class action against Yuga Labs
Troubled cryptocurrency fintech Yuga Labs is about to face more lawsuits in relation to its nonfungible tokens (NFT) collection, Bored Ape Yacht Club (BAYC) and...
Crypto markets rallying but damage remains severe
Key Takeaways Bitcoin is up close to 50% from its lows, but is still down over two-thirds from all-time highs Some on-chain metrics show how...
SEC settles on security claim in LBRY case; community calls it a big win for crypto
The United States Securities and Exchange Commission (SEC) admitted on record that the sale of LBRY Credits (LBC) tokens in the secondary market doesn’t constitute...
Hong Kong will not tolerate algorithmic stablecoins in new regulation
In the key principles of its upcoming regulatory framework, the Hong Kong Monetary Authority (HKMA) didn’t find a place for algorithmic stablecoins. Instead, the chief...