HSBC is now ready to venture into the crypto market
HSBC posted crypto-related job openings on its career page today. Peers have already launched crypto products in recent years. Shares of the largest European bank...
Bitcoin mining advocate is going state-to-state to educate US lawmakers
Dennis Porter, chief executive officer of the Satoshi Action Fund, is taking the fight for hearts and minds on Bitcoin mining to Washington, D.C. and...
Core Scientific agrees $70M loan facility from B. Riley
Core Scientific is seeking emergency relief from the bankruptcy court for it to secure a replacement loan facility. According to court documents, the miner has...
Ethereum to launch “Zhejiang” public withdrawal testnet on Feb. 1
The “Zhejiang” public withdrawal testnet will then be followed by the Shanghai testnet. This is the first major upgrade since the Merge upgrade. The “Zhejiang”...
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...
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...
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...