The market is shaky at the moment as investors appear to be panic-selling their digital assets already.
According to Riot, the decline in revenue is largely attributed to the market pullback of Bitcoin coupled with some measures triggered to meet the rising energy crisis in Texas.
The hacker used a “sophisticated scheme” to steal Bitcoins from the Silk Road. He crated nine fraudulent accounts to siphon off money from the darknet marketplace.
Iris Energy says it would not financially support its affected SPVs under current terms and could default on its loan notice.
The Bitcoin Open Interest statistics also depicted strong puts at $10,000, $15,000, and $16,000.
In contrast to MicroStrategy’s belief that there is no alternative to Bitcoin, the Blockchain Center believes that other cryptocurrencies perform better than that top crypto asset.
Fidelity Digital Assets is providing an opportunity for retail investors to experience its crypto trading app commission-free.
Despite the crypto winter that we are experiencing today, the presence of industry giants will make the difference to help chart a more ambitious pedestal when the market veers back into the Bull market again.
Henry Agua, who is the Chief Technical officer of the Union Bank, claims to be the first regulated bank in the country to inaugurate the trade of virtual tokens and assets.
Iris Energy has $103 million outstanding debt adding that its mining equipment isn’t making enough revenue to cover costs relating to its debt-financing obligations.
According to Chief Executive Officer Alex Holmes, cryptocurrencies are complementary to everything that one can do at MoneyGram.
MicroStrategy chief Michael Saylor said that the fair value accounting measures by FASB would make it easy for crypto firms to report their losses and gains.
India will set the agenda for the year, identifying themes and areas of economic growth.
El Salvador’s Anti-Corruption Legal Advisory Center (ALAC) has criticized the government for lack of transparency around Bitcoin accounting.
According to TRUST, the membership list increased to 67 firms after the expansion to Europe.