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” Another miner cashes in: Argo Blockchain reports selling 637 BTC to pay debts “ Argo Blockchain has joined crypto mining firms including Bitfarms, Core Scientific and Riot Blockchain in selling part of its Bitcoin holdings. In a Thursday blog post, Argo said it sold 637 Bitcoin (BTC) in June for an average price of…
” How the Metaverse can revolutionize the fashion industry “ The idea underlying digital fashion can be difficult for many to grasp since buying/trying out clothes that only exist in a virtual world can seem quite strange at first. However, with this niche market continuing to gain a lot of traction recently, many experts are…
” Coming to Texas: Riot Blockchain announces plans to move NY miners to Lone Star State “ Crypto mining firm Riot Blockchain said it has begun relocating rigs from its New York data facility, with the majority intended to end up in central Texas. In a Wednesday announcement, Riot said it has transitioned some of…
” DeFi protocol Porter Finance shuts down bond issuance platform after just one month “ Porter Finance, a decentralized finance, or DeFi, protocol based on the Ethereum (ETH) blockchain, announced Tuesday that it was shutting down its bond issuance platform. In explaining the discussion, Porter Finance said: “Looking forward, we are not confident there will…
” Circle looks to reaffirm commitment to transparency as USDC market share soars “ The cryptocurrency market has experienced a turbulent period as of late, with several firms filing for bankruptcy or shutting down. Voyager Digital announced its bankruptcy on Wednesday, becoming the second crypto lender to default following Three Arrows Capital. In the light of…
” What does a bear-market ‘cleanse’ actually mean? “ In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century. The post-mortem consensus on the crypto market crash among industry…
” 85% of merchants see crypto payments as a way to reach new customers: Survey “ While the market goes steady, the crypto ecosystem continues to grow as merchants innovate and adopt cryptocurrency payments in their quest to gain new customers. Data platform PYMNTS collaborated with Bitpay to survey merchants, in an attempt to understand…
” Voyager Digital files for Chapter 11 bankruptcy, proposes recovery plan “ Days after pausing trading, withdrawals and deposits, crypto exchange Voyager Digital is filing for bankruptcy under Chapter 11 in the Southern District Court of New York. Voyager’s Chapter 11 bankruptcy filing indicated that it is on the hook for anywhere from $1 billion…
” US expansion for Huobi a step closer after it secures a FinCEN license “ A subsidiary of the Huobi cryptocurrency exchange called HBIT Inc has received its Money Services Business (MSB) license from the United States Financial Crimes Enforcement Network (FinCEN). The Seychelles based Huobi said on July 5 that the license creates a…
” The bottom is in: CNBC’s Jim Cramer says crypto has “no real value” “ Given his track record, some in the crypto community believe the market bottom may now be in after CNBC host Jim Cramer said there was “no real value in crypto” and predicted the market would tumble further. Cramer is known…