Tag: Cryptoslate

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Citadel Securities business development head to lead the new crypto venture firm

Citadel Securities‘ global head of business development, Jamil Nazarali, quit his position to lead a joint venture firm aiming to increase investors’ access to crypto The post Citadel

Taiwan joins growing list of countries developing CBDCs

Taiwan’s central bank is working on developing a central bank digital currency (CBDC) but does not have a clear timeline for when it will be ready for public release, Reuters reported, citing

Bitcoin miners are facing harsher conditions despite easier mining difficulty

Despite the decline in mining difficulty, Bitcoin (BTC) miners are facing harsher conditions in the market due to the rising costs of energy and hardware, Coin Metrics’ special State of the

Compass Mining denies allegations of $1.2M unpaid electricity bill, CEO, CFO resign

Compass Mining, a hosting company offering managed mining services to Bitcoin (BTC) miners, announced that both its CEO and CFO have resigned The post Compass Mining denies allegations of $12M

North Korea’s ‘illicit’ crypto holdings heavily impacted by market crash

The recent crypto market crash has left North Korea with millions of dollars in losses on its stolen crypto assets and could affect funding for its weapons program, Reuters reported The post North

Court orders liquidation of Three Arrow Capital

A British Virgin Islands Court has ordered the liquidation of Three Arrows Capital (3AC), plunging the crypto hedge fund into a deeper crisis, Sky News reported The post Court orders liquidation of

Saylor’s faith in Bitcoin unshaken as MicroStrategy buys another 480 BTC

MicroStrategy bought 480 Bitcoin (BTC) between May 3 and June 28 The post Saylor’s faith in Bitcoin unshaken as MicroStrategy buys another 480 BTC appeared first on

Russia approves tax exemptions for issuers of cryptocurrency

The lower house of the Federal Assembly of Russia approved a draft bill on June 28 that could exempt cryptocurrency issuers from Value Added Tax (VAT) The post Russia approves tax exemptions for

SBF claims smaller crypto exchanges will fail soon

FTX founder Sam Bankman-Fried told Forbes that some third-tier crypto exchanges are already insolvent and will fail soon The post SBF claims smaller crypto exchanges will fail soon appeared first on

CAR’s President announces crypto-hub “Sango” launch date

Central African Republic President Faustin-Archange Touadéra, on June 27, announced the country’s crypto hub “Sango” launch date The post CAR’s President announces

Bitcoin sees sharp decline in correlation with tech equities, Kaiko says

The correlation between Bitcoin (BTC) and Nasdaq 100 reduced this month after reaching a record of 8 last month, according to a new Kaiko report The post Bitcoin sees sharp decline in correlation

No Man’s Sky players invented a coin and hope to never trade it for real money

No Man’s Sky player community reacted to the game’s shortcomings by inventing and implementing their own in-game cryptocurrency The post No Man’s Sky players invented a coin and