BTC mining firm Compute North files for bankruptcy

Bitcoin (BTC) mining host Compute North has filed for Chapter 11 bankruptcy amid mounting pressure on the company due to the effects of the crypto winter and rising energy...

Is the bottom in? Crypto community shares their thoughts

Buying dip immediately becomes a nightmare when cryptocurrency prices fall further and the bear market continues its inception. However, recent declines show that current prices may be a good...

Axie Infinity cuts rewards from classic game, subtly forcing P2E players to new mode

Blockchain (P2E) game Axie Infinity (AXS) has completely removed token rewards from its classic game mode to lure its users into a new game mode called Axie Infinity Origin. The...

Nearly $55M worth of Bored Ape, CryptoPunks NFTs risk liquidation amid debt crisis

Several owners of Bored Ape Precious Yacht Club (BAYC) and Non-Perishable CryptoPunks (NFTs), who used them as collateral for loans in Ether (ETH), have failed to repay their debts....

Iconic brands including Nike, Gucci have made $260M off NFT sales

The hype surrounding Non-Foldable Tokens (NFTs) has allowed some of the world's most recognizable brands to generate hundreds of millions of dollars in additional revenue, underscoring the collective consumer...

JPMorgan CEO calls crypto ‘decentralized Ponzi schemes’

Testifying before US lawmakers, JPMorgan Chase CEO Jamie Dimon referred to himself as a “primary skeptic” about “crypto tokens you call a currency like Bitcoin,” calling them “decentralized Ponzi...

Downfall of Canada’s Lambo-driving ‘Crypto King’ reportedly sees $35M in losses

The self-described 23-year-old "crypto king" is facing a slew of demands among his 140 investors as they try to win back a total of $35 million from his AP...

The impact of the Wintermute hack could have been worse than 3AC, Voyager and...

Most crypto investors may have never heard of Wintermute Trading prior to the September 20th $160 million hack, but that does not diminish its importance in the cryptocurrency ecosystem....

Chinese mining giant Canaan doubles profits despite the blanket crypto ban

The Chinese major crypto maker Canaan does not seem to have any issues with the domestic ban on cryptocurrencies, as the company's overall performance continues to grow in 2022. Canaan...

Korean financial watchdog to block tens of unregistered exchange websites

Unregistered cryptocurrency exchanges operating in South Korea may see their services halted as the Korean Financial Intelligence Unit (FIU) takes action against 16 foreign companies. The Financial Intelligence Unit has...