Since reaching its all-time high back in November, Solana has shed approximately 96% of its value.
Following the severe storms across the US that led to power interruption, Binance will extend its users’ subscriptions to cloud mining products for three days. In case a power outage takes place again, another extension will be done.
Growth stock Tesla has come under huge selling pressure correcting 72% year-to-date and giving a lead to Bitcoin. Some market analysts believe that the bear market in crypto is far from over and there’s more pain to come ahead.
A close look at the regulatory filing shared by the firm showed that it offloaded a total of 704 Bitcoin units worth approximately $11.8 million.
The Tesla stock has fallen 44% in December and more than 59% during the fourth quarter of this year.
As per court documents, SBF and FTX co-founder Gary Wang took $546 million from Alameda Research to purchase the stock of Robinhood Markets.
Troubled crypto miner Argo is set to sell Helios to Galaxy Digital for a much-needed $65 million as insolvency looms.
The new move by Japan to allow the distribution of stablecoins means that there would be stricter regulations on Anti-Money Laundering controls.
The cryptocurrency industry is expected to be trapped in the ongoing bear market in 2023.
Pulling out of the Japanese market is the latest of Kraken’s moves to cut costs and service the weak crypto market.
Kaspersky recently reported that a Lazarus affiliate might enhance its sophisticated malware attacks on crypto startups in 2023.
The suspension of trading activity is because of a major announcement by Argo blockchain on Wednesday. Earlier this month, Nasdaq suspended trading activity for the Bitcoin miner on rumors of the bankruptcy filing.
Eisenberg was arrested by the DOJ because the regulator believes no act of market manipulation can be justified by law.
Crypto exchange Coinbase plunged to a $32.65 all-time low as the S&P 500 and the Nasdaq Composite also slipped up.
Even after losing his position as the world’s richest man in the world among other billionaires, Elon Musk is still the richest in America.