The Biden Administration is imposing new reporting requirements on all U.S. cryptocurrency miners to disclose data related to how much electricity they consume. The so-called “Emergency Survey” marks another attempt by the U.S. government to curb the negative excesses of Bitcoin mining, which Democrats have widely criticized for polluting the environment. The Emergency Bitcoin Mining...Read More
Polygon Labs – the main development team behind the Ethereum scaling network Polygon (MATIC) – has laid off 19% of its workforce in an attempt to create a more “efficient surgical team.” Though 60 employees were laid off in the process, the remaining workers have been granted a minimum 15% salary raise, effective as of...Read More
Did you know that Pandoshi’s public presale has been a resounding success, accumulating over $3 million with 6,000+ holders? The phased pricing is currently at $0.01 per token in the final phase. Once the presale ends, Pandoshi will then hit the exchange listings. Expert analysts predict that PAMBO will experience exponential growth post-listing because that...Read More
Ben Armstrong, widely known as “Bitboy,” has announced the discontinuation of his daily crypto show, bringing an end to a three-year run that garnered a significant following. The decision comes amid financial challenges and legal battles that have been plaguing the influential crypto personality. Financial Strain and Mounting Legal Bills Armstrong revealed the news through...Read More
The popular actor and comedian Larry David has expressed remorse over participating in a high-profile 2022 Super Bowl commercial for the now-fallen cryptocurrency exchange FTX. Notably, Sam Bankman Fried, the FTX founder, was imprisoned after he was found guilty of fraud, conspiracy, and money laundering last year. Larry David Reflects on FTX Ad Regret Speaking...Read More
Arthur Hayes, BitMEX’s founder, recently explored factors shaping Bitcoin’s potential rally amidst challenges faced by New York Community Bancorp ($NYCB) and the broader banking sector. In a world where traditional finance meets cryptocurrencies, Hayes sheds light on potential impacts on Bitcoin’s value. Dive into Hayes’ analysis and discover if this is a golden buying opportunity...Read More
The Europen Union is developing rules and regulations that could be equivalent to a defacto ban on Bitcoin by 2025. Moreover, the European Central Bank (ECB) is spearheading the effort with support from two other major banks. On Jan. 31, Bitcoin environmentalist and venture capitalist Daniel Batten reported that the Bank of International Settlements (BIS)...Read More
Celsius Network has announced emerging from bankruptcy, concluding an eighteen-month process with the confirmation of its plan of reorganization. The agreement includes the distribution of a $3 billion payout to its creditors as well as the creation of Ionic Digital, which will be owned by Celsius’ creditors, who will own equity in the form of...Read More
VEMA Trader, a leader in innovative trading solutions, has now joined the BitMEX Partner Programme, introducing users to a suite of products designed to drive trading to new heights. By integrating VEMA Trader with BitMEX, users can expect a seamless experience with enhanced features, allowing them to maximise their trading potential. Regarding the new partnership,...Read More
[PRESS RELEASE – Panama City, Panama, February 1st, 2024] Integration Comes on the Heels of $2 Million Investment Led By Binance Labs Bracket Labs, a leader in on-chain volatility trading, announces the integration of its trading product, Passage, with BNB Chain, expanding Bracket’s simple, one-click trading platform to the most active trading blockchain in Decentralized...Read More
A Chinese-British woman, Jian Wen, is facing charges in London for allegedly helping a fugitive, Yadi Zhang, launder Bitcoin (BTC) obtained from proceeds of a previous investment fraud that affected nearly 130,000 investors. Authorities seized devices holding over 61,000 Bitcoin that came from $6.34 billion previously stolen by Zhang from investors in China. A Fake...Read More
Block Inc., a fintech company co-founded by former Twitter CEO Jack Dorsey, has laid off some of its employees, making it the second time in two months that the company is cutting down on its workforce. The cuts are in line with a previous statement by Dorsey, who said that the firm is aiming to...Read More
ZETAUSDT, our second listing featuring ZETA – the native token of ZetaChain, a novel L1 blockchain with chain-agnostic interoperability, will be available to trade on BitMEX, with up to 10x leverage later today. You can already trade ZETAUSDTG24 – our ZetaChain pre-IEO futures contract margined in Tether here. For a deeper look at our new...Read More
