DCG Opposes Genesis Bankruptcy Plan, Cites Favoritism to Small Group of Creditors
Digital Currency Group (DCG) has opposed the bankruptcy plans of its subsidiary Genesis, arguing that it goes against the law and favors a small group of creditors. In a Feb 5 court filing, the company asked the court not to approve
Bitcoin ETFs Trigger Massive Miner Outflows, Over $1 Billion Moved to Exchanges
Bitcoin miners reportedly sell their asset reserves or leverage them to upgrade their capacity as inflows to cryptocurrency exchanges continue. A new report from Bitfinex Alpha Market shows Bitcoin ETF approvals by the United States Securities and Exchange Commission (SEC) impacted
Court Rules Against Crypto Mining Company, Won’t Force BC Hydro to Provide Power + More Crypto News
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s edition: Court Rules Against Crypto Mining Company, Will Not Force BC Hydro to Provide Power YouHodler Gets Bank of Spain’s
Web3 Game Developer Wemade Reports Widening Losses in Q4 2023
South Korean Web3 game developer Wemade has disclosed a significant increase in operating and net losses in the fourth quarter of last year, as per its latest earnings report. According to the report released on Tuesday, the Kosdaq-listed company’s net loss
WHRH Token Skyrockets in a Bearish Market: 513.18% Growth
WHRH Token Skyrockets in a Bearish Market: 513.18% Growth In the unpredictable realm of cryptocurrency, the White Rhinoceros Token (WHRH) has made an impressive leap. The coin defied the overall bearish market sentiment by recording a staggering 513.18% increase in price
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Long-term investors set their eyes from Ethereum (ETH) & Binance Coin (BNB) to DeeStream (DST) Presale which is set to soar
Ethereum (ETH) and Binance Coin (BNB) are the world’s second and fourth-largest cryptocurrencies by market capitalization, respectively. However, they aren’t exactly the best cryptos to buy into for crypto investors looking for major gains in 2024. At most, investors could
Cardano’s Price Dips Below $0.50 Level – Time to Buy?
Cardano’s price dipped below $0.50 yesterday by lunchtime EST and continued to sustain the losses throughout most of today. The ADA token posted a dip of about 2% over the last 24 hours and currently changes hands at $0.49. Considering its
Picasso Token (PICA) Lost 25.99%. Why’s That?
Picasso Token (PICA) Lost 25.99%. Why’s That? The cryptocurrency market experienced a downturn today, with many currencies finishing with losses. Among the affected, the Picasso Token (PICA) stood out due to its notable price drop, capturing the attention of both investors
Snap Inc. Announces 10% Workforce Reduction
Snap Inc. Announces 10% Workforce Reduction At a Glance Snap announces a 10% reduction in its workforce, aligning with tech industry trends. The move follows a 20% staff reduction in 2022 and is part of a cost-saving strategy. Over 32,000 tech industry jobs were