Bitcoin mining company Marathon Digital Holdings has revealed that 75% of its mining capability has been out of commission since a severe storm hit Montana on June 11.  Marathon finally issued a statement on its website on June 28 explaining that the storm struck across the town of Hardin, Montana on June 11, damaging the power generating facility that supplies […]

Alkemi Earn will be integrated into Ledger Live’s Discover section, becoming the first DeFi lending and borrowing app available directly to Ledger users.   Ledger is the largest hardware wallet manufacturer with over 5 million devices sold around the world, used to store cryptocurrencies safely and reliably. Its companion app Ledger Live, available on Desktop and Mobile, offers a safe interface […]

Roger Ver, an early Bitcoin investor and Bitcoin Cash proponent, has pushed against claims from crypto investment platform CoinFLEX regarding an alleged $47-million debt. In a Tuesday tweet, Ver — not mentioning CoinFLEX by name — said he had not “defaulted on a debt to a counter-party,” and alleged the crypto firm owed him “a substantial sum of money.” The […]

Summary: The crypto exchange of Huobi is reportedly planning layoffs that will exceed 30% or more of its current employees. Huobi cites a reduction in revenue due to the ongoing crypto market drawdown and its exit from mainland China as the main reasons behind the move. The crypto exchange of Huobi Global is reportedly looking to lay off 30% or […]

The French government has given former United States Commodity Futures Trading Commission chair Chris Giancarlo, also known as “Crypto Dad,” the equivalent of a knighthood. In a Tuesday tweet from Giancarlo, the former CFTC head said France’s National Order of Merit awarded him a Chevalier — the equivalent of a knighthood — in a ceremony at the French ambassador’s residence […]

Hedge funds are shorting Tether’s USDT with the trades running into hundreds of millions. Tether’s CTO thinks that the move is a “coordinated attack” but the stablecoin would still prove its mettle regardless. Tether has been subject to a number of controversies around the stablecoin’s reserve, leading to run-ins with regulatory agencies. Hedge funds are betting millions of dollars against […]

Coinbase’s valuation took a hit after Goldman Sachs analysts changes their sentiments on the company to ‘sell’. Goldman Sachs predicts that Coinbase’s revenue could fall by up to 60%. The firm’s decision to close Coinbase Pro may have played a role in the dip suffered by the firm. Coinbase is facing one of the sternest tests in its history with […]

The TON Foundation, an organization developing the Telegram-initiated blockchain project, the TON blockchain, on Tuesday officially announced that TON miners have mined the final toncoin. “Tens of thousands of miners have mined the entire issuance of toncoins, which was about 5 billion tokens,” TON Foundation founding member and core developer Anatoly Makosov said in a statement to Cointelegraph. The last […]

It is becoming easier to locate crypto criminals according to various law enforcement agencies. Crypto Crime Is Easier to Find, Now Not long ago, a man in California was the victim of a romance scam and lost hundreds of thousands of dollars. However, Erin West – a deputy district attorney that heads the high technology crimes unit in Santa Clara […]