Category: Crypto News
Argo Blockchain sells top mining facility to Galaxy Digital for $65M
Cryptocurrency mining firm Argo Blockchain has taken a difficult decision to sell its flagship mining facility Helios in order to survive the ongoing [...]
Alameda wallets become active days after SBF bail, community mulls foul play
The crypto wallets associated with now-bankrupt trading firm Alameda Research, the sister company of FTX, were seen transferring out funds just days a [...]
Bitcoin Miner Argo Will Avoid Bankruptcy After Getting $100M Lifeline from Galaxy
"Over the last few months, we have been looking for a way to continue mining through the bear market, reduce our debt load, and maintain access to the [...]
China’s CBDC wallet resorts to ages-old tradition to boost adoption
China’s wallet app for its digital yuan central bank digital currency (CBDC) introduced a feature for users to send money in an electronic version of [...]
Executives from $1.5B South Korean crypto exchange fraud jailed
Six executives involved in the $1.5 billion (2 trillion won) South Korean crypto exchange fraud V Global have received prison sentences of up to eight [...]
Kraken quits Japan for second time blaming a ‘weak crypto market’
Global cryptocurrency exchange Kraken has decided to pull its operations in Japan for the second time, citing a strain on its resources amid a “weak c [...]
Defrost Finance breaks silence on ‘exit scam’ accusations, denies rug pull
Defrost Finance, the decentralized trading platform that suffered a $12 million exploit leading up to Christmas, has denied allegations that it had “r [...]
SBF borrowed $546M from Alameda to fund Robinhood share purchase
Sam Bankman-Fried, the disgraced founder of cryptocurrency exchange FTX, borrowed over $546 million from the exchange’s sister firm Alameda Research t [...]
Dogecoin survived carnage in 2022 better than most
Amid the severe crypto downturn in 2022, the price of Dogecoin (DOGE) has held up much better than most of the top assets on the market. DOGE is the t [...]
Public Bitcoin miners sold almost everything they mined in 2022
Publicly listed Bitcoin (BTC) miners sold off almost 100% of all the Bitcoin they mined throughout 2022, leading to a debate over whether the sales cr [...]
Mango Markets exploiter arrested on fraud charges
The crypto trader behind the $110 million exploit of decentralized exchange Mango Markets has been arrested in Puerto Rico — and charged with market m [...]
Bitcoin Drifts Lower as Crypto Winter Continues
In a CoinDesk TV First Mover interview, Martin Leinweber, digital asset product strategist at Market Vector Indexes, noted bitcoin's strength relative [...]
10 predictions for crypto in 2023
This year has been a particularly tumultuous one for the crypto market, with many decentralized and centralized entities failing or struggling to stay [...]
Mango Markets Exploiter Eisenberg Arrested in Puerto Rico
According to the unsealed complaint, Eisenberg manipulated the price of perpetuals contracts (a type of futures contract popular in crypto markets) fo [...]
Crypto Investment Firm Midas Shutting Down Platform Following Losses
Starting on Tuesday, Midas disabled deposits and swaps, as well as withdrawals for some time while it makes cautions and balance adjustments. Its targ [...]