Amid crypto crackdown Bitmain donates US$1.7M to Chinese lab
Crypto mining rig manufacturer appears to be seeking chip-making capability in the midst of supply-chain shortages.
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Indians may be allowed to trade, but not pay with, crypto
While fears of a complete ban on virtual currencies have been dispelled, Indian investors are still in the lurch about what may or may not be allowed.
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Algorand price soars over 50% to new two-year high
Algorand (ALGO) — the native cryptocurrency of the Algorand blockchain — soared 50% from just under US$1.70 noon Asia time today to a new two-year high of US$2.66, according to CoinGecko data. But the surge was short-lived, with ALGO currently trading just under US$2 as of publishing time. Fast facts Algorand’s surge amidst the wider…
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DeFi fraud and thefts rose 600% in 2021 to reach $10.5B
Billions have been stolen through hacks from decentralized finance protocols, with Ethereum seeing the bulk of losses, according to a report by Elliptic.
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Bit Digital completes mining rig migration from China to US
Bit Digital, a Nasdaq-listed Bitcoin mining company headquartered in New York that had significant operations in China, said in its latest Q3 update that the exit of its mining fleet from China is now complete, with all of its miners having arrived in North America. Fast facts Bit Digital said it started the migration back in…
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Miramax files lawsuit against Quentin Tarantino over Pulp Fiction NFTs
Movie director Quentin Tarantino is being sued by Hollywood studio Miramax over his recent plan to auction off a series of non-fungible tokens (NFTs) based on his 1994 film “Pulp Fiction.” Miramax alleges that Tarantino’s planned offerings violate the copyright it holds to the director’s film, including the rights to the property he intends to…
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Mintable wants to be the world’s largest NFT market by cataloging all Ethereum-based NFTs
How to sift through millions of NFTs before buying? NFT marketplace Mintable is hoping to attract more users with these new organizing and ranking features.
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Bitcoin hoarding, another sign crypto is an inflation hedge
Bitcoin’s scarcity premium puts crypto into direct competition with gold and treasuries.
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AVAX hits all-time high after Ava Labs’ deal with Deloitte
Following news of a strategic alliance with Big Four accounting firm Deloitte, AVAX rose above US$106, up 90% for the month.