Michael Saylor will step down as MicroStrategy CEO but remain as executive chair
The soon-to-be former CEO said splitting the roles of MicroStrategy's chief executive officer and chair would help the firm pursue...
Month: August 2022
Crypto miner Digihost plans to move rigs from New York to Alabama
The mining firm said it aims to have a hashing capacity of 28 MW at the Alabama facility by the...
Polkadot ‘cup and handle’ setup sees DOT price 50% higher by September
DOT could witness an increase in demand after Polkadot's launch of an intercommunication blockchain tool. Polkadot (DOT) looks ready to...
New York financial regulator fines Robinhood’s crypto division $30M
“As its business grew, Robinhood Crypto failed to invest the proper resources and attention to develop and maintain a culture...
Bitpay Adds APE and EUROC Support — Luxury Retail Giant Gucci Accepts Apecoin Payments
On August 2, the Atlanta-based crypto payment services provider Bitpay announced that it has expanded its crypto asset support with...
Cross-Chain Bridge Nomad Loses $190 Million Making It 2022’s Third-Largest Crypto Heist
On Monday, the cross-chain token bridge Nomad was attacked and hackers managed to siphon $190 million from the protocol, draining...
Value Locked in Defi Stalls Before Reaching the $100 Billion Mark, Cross-Chain Bridge Statistics Crater
During the last few weeks, the total value locked (TVL) in decentralized finance (defi) has come awfully close to reaching...
Yearn.Finance Rockets 70% amid Recovery in US Dollar
The cryptocurrency market has been volatile in recent weeks, with ups and downswings occurring regularly. Yearn.Finance rockets 70% despite these...
FCA Introduces Stricter Crypto Guidelines to Prohibited Misleading Ads
The Financial Conduct Authority (FCA), the United Kingdom’s financial watchdog, is about to tighten its grip on misleading cryptocurrency ads....
Poloniex unveils new trading system to aid user experience
Popular crypto exchange, Poloniex has announced the unveiling of its new trading system. The exchange announced the development through its...
Shiba Inu unveils CCG game as Shiba Eternity
On Tuesday, decentralized, community-based crypto protocol, Shiba Inu branded its CCG game as Shiba Eternity. Shiba Inu made the unveiling...
Binance to launch non-transferable BAB token
Binance announced plans to issue the Binance Account Bound (BAB). The exchange announced the new offering in a blog post...
CoinShares reports $21.7M loss tied to Terra implosion
The firm's book-making took a huge hit after being exposed to the TerraUSD collapse. On Tuesday, European cryptocurrency investment firm...
Crypto users spent $2.7B minting NFTs in first half of 2022: Report
Over 1 million unique wallet addresses were involved in the minting process, signaling that nonfungible token market activity remained strong....
Bitcoin derivatives show a lack of confidence from bulls
High correlation to stock markets and recession risks limit optimism on the part of BTC investors. Bitcoin (BTC) has been...
