Author: e_cash_top
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Grayscale’s GBTC discount nears 50% causing further concern in community
[ad_1] Grayscale Bitcoin Trust (GBTC) is trading at a record-low discount of 49.20% to the underlying assets’ net asset value (NAV), as of Dec. 8. Source: Tradingview According to ycharts data, GBTC shares are trading for $8.11 at a discount of 47.27%. GBTC’s discount raises crypto community concern The crypto community has become increasingly concerned…
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Celsius authorized to return certain customer assets after court hearing
[ad_1] Celsius Network Lending, Technology Company in Europe, North America Celsius Network was founded in 2017 with the mission to harness blockchain technology to provide unprecedented financial freedom, economic opportunity, and income equality for the 99%. Learn More Info Twitter LinkedIn [ad_2] Source link
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New evidence 52.2% of Bitcoin Network uses clean energy
[ad_1] ClimateTech Vice Chair Daniel Batten’s recent analysis revealed that 29 mining companies constitute 16.48% of the whole Bitcoin (BTC) network and run on 90-100% clean energy. This percentage also shows that 52.2% of all BTC network use clean energy. Mining companies Batten said he ran his analysis miner by miner. He accounted for multiple…
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U.S. banking committee says SBF ‘must answer for the failure’ of FTX
[ad_1] The US senate banking committee in a Dec. 7 letter to Sam Bankman-Fried said he must answer for the failure of his crypto firms in a hearing scheduled for Dec. 14. The committee chairman Sherrod Brown wrote that if SBF failed to honor the invitation, he would be issued a subpoena. Senator Brown highlighted…
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Winamp desktop player to support NFT audios
[ad_1] Windows media player Winamp latest desktop version would allow support of non-fungible tokens, allowing users to play audio files in NFT. We are proud to announce a new version (5.9.1) for our Desktop player. This new version reduces Winamp’s memory footprint and upgrades security among many other improvements, it also allows you to play…
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The Majilis approve new crypto regulation bill in Kazakhstan
[ad_1] The Majilis have approved the new bill “On Digital Assets of the Republic of Kazakhstan” governing the regulation of crypto assets alongside four other crypto mining regulation bills in Kazakhstan. 1/9New crypto regulations in Kazakhstan. Again. The Majilis approved the bill “On Digital Assets of the Republic of Kazakhstan”, as well as four related…
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Binance auditor confirms reserves, 3AC founders subpoenaed, and Crypto Twitter drama
[ad_1] The biggest news in the cryptoverse for Dec. 6 includes Polygon co-founder hitting back against ‘jealous’ competition, Crypto.com CEO addressing ‘FUD,’ Binance auditors confirming Bitcoin reserves, and more. CryptoSlate Top Stories Polygon co-founder addresses criticisms the project is just as bad as Solana Polygon co-founder Sandeep Nailwal went on the defense against “ecosystems…
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Canada’s Biggest Pension fund CPPI dropped crypto investment plan amid unstable markets
[ad_1] Canadian pension fund CPP Investments which manages $388 billion for roughly 20 million Canadians, has given up its crypto investment plan after a year-long study of crypto investment opportunities, according to Reuters sources. Early in 2021, CPPI’s Alpha Generation Lab, which studies emerging investment trends, formed a three-member team to research cryptocurrencies and blockchain…
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Bitcoin held by miners sinks to 1 year lows; Poolin culpable
[ad_1] Bitcoin miners are facing a challenging time due to ongoing price uncertainty and global energy shortages. In addition, macro factors have conspired to raise the cost of borrowing, while access to capital is also drying up as risk appetite dwindles in the face of recessionary pressures. This situation is particularly bad for publically traded…
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US DOJ charges former CTO of blockchain company for fraud scheme
[ad_1] The US Department of Justice said it has arrested Rikesh Thapa, the former chief technology officer of a blockchain company, for allegedly defrauding his company of over $1 million. The DOJ did not name the company in its Dec. 7 news release. Thapa’s LinkedIn reveals that he co-founded the blockchain company Blockparty in 2017…