Author: e_cash_top

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[ad_1] New York attorney General Letitia James filed a lawsuit against Alex Mashinsky, the co-founder and former CEO of Celsius Network LLC. James said that Mashinsky violated the Martin Act and New York’s Executive and General Business Laws by allegedly defrauding investors into depositing billions of dollars into digital asset within the cryptocurrency lending company.…

BTC hashrate hits ATH second time in 7 days, difficulty expected to grow 9%

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[ad_1] Bitcoin (BTC) hashrate rose 20% to a new all-time high on Jan. 12 — the second time the hashrate increased to a new ATH in the last seven days. It has since retraced to 251.79 EH/s as of press time. Source: Glassnode Crypto investor Asher Hopp pointed out that Bitcoin’s hashrate rose to an…

Bitcoin hits $19,000 as market cap crosses $900B

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in Uncategorized

[ad_1] The cryptocurrency market cap saw net inflows of $22.51 billion over the last 24 hours and currently stands at $907.55 billion — up 2.5% from $885.04 billion. Bitcoin’s market cap increased by 4% to $364.44 billion from $350.53 billion, while Ethereum’s market cap grew 0.9% to $172.54 billion from $171.06 billion over the reporting…

Celsius Mining to sell 2687 BTC mining rigs for $1.34M

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[ad_1] Celsius Mining entered into a Jan. 7 sales agreement to sell 2,687 Bitcoin mining rigs for $1.34 million to Touzi Capital , according to a Jan. 11 court filing. The mining rigs are “MicroBT ASIC M30S” located in Houston, Texas, with a hashrate ranginf between 84TH/s to 92TH/s. Celsius Mining said it held discussions…

Total crypto market cap exceeds $900B – marking 9 week high

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in Uncategorized

[ad_1] The total crypto market cap surpassed $900 billion on Jan. 12 to record a nine-week high. In conjunction with several tokens recording “monster gains” recently, some have taken this as an indication of the advent of a new bull run. Crypto market cap shows signs of recovery Nine weeks ago, the fallout from the…

Crypto.com to slash workforce by 20%

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[ad_1] Crypto exchange platform Crypto.com has moved to lay off about 20% of its global workforce. Crypto.com CEO Kris Marszalek said in a Jan. 13 post that the exchange made the difficult decision to slash its workforce to weather the challenges of the current bear market. Crypto.com reportedly grew its workforce to roughly 4,000 in 2022.…

Gemini, GUSD start losing followers as metrics hit all time lows

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[ad_1] Glassnode data analyzed by CryptoSlate shows that the U.S.-based crypto exchange Gemini and its stablecoin Gemini Dollar (GUSD) are starting to lose followers and the community’s trust as metrics fall to all-time lows. GUSD holders and exchange volumes The number of active addresses that hold GUSD has slumped back to its 2020 levels. The chart…

HEX founder Richard Heart teases coming PulseChain launch

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[ad_1] Richard Heart took to Twitter teasing a PulseChain screenshot, adding, “Its [sic] working on private v3 testnet.” Word of PulseChain first broke in July 2021, with the accompanying press release openly admitting its intention to fork the Ethereum code and add “significant enhancements,” including cheaper gas fees and quicker block times, at three seconds…

BitConnect victims will receive $17 million: DOJ

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[ad_1] BitConnect victims will receive $17 million in restitution money, according to an announcement from the U.S. Department of Justice (DOJ) on Jan. 12. That statement indicates that a federal court in San Diego, California has ordered said funds to be delivered to 800 individuals in 40 countries. BitConnect was widely recognized as Ponzi scheme,…

SEC charges Gemini, Genesis over Earn program; Winklevoss responds

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