Bitcoin braces for CPI, FOMC as exchanges shed $1.2B of BTC in a day
BTC price action may not inspire hodlers into a new U.S. macro data deluge, but behind the scenes, appetite for Bitcoin is alive and well.
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Chinese mining giant Canaan doubles profits despite the blanket crypto ban
The Chinese crypto miner maker Canaan has been expanding its mining business, accumulating a total of 346.84 BTC by the end of June. 70 Total views 3 Total shares Major Chinese cryptocurrency miner manufacturer Canaan appears to have no issues with the local ban on crypto, as the company’s overall performance has continued to grow…

Breaking: Crypto lender Genesis Global halts withdrawals
The troubled firm is also acting as the liquidity provider of Grayscale Bitcoin Investment Trust. 385 Total views 2 Total shares According to a new tweet by Genesis Global on Nov. 16, the institutional crypto lender said it would “temporarily suspend redemptions and new loan originations in the lending business.” In explaining the decision, the…

Indian enforcement agency collaborates with Binance to bust scam app
The law enforcement agency managed to track the funds linked to the E-Nugget scam app to different crypto exchanges and, with their help, seized over $10.5 million in crypto assets.

Scammers impersonate US State Department, claiming to help affected FTX users
The Oregon Division of Financial Regulation urged investors to do due diligence before putting their funds on any crypto platform. 357 Total views 11 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTWith the FTX collapse leaving many users yearning for the return of lost funds, scammers are using the opportunity to…

BTC bull market began in March, more will realize in a year — Arthur Hayes
The BitMEX co-founder says Bitcoin has been on a bull run since the Fed’s $25 billion dollar program aimed at stabilizing the U.S. banking system. 435 Total views 2 Total shares Bitcoin (BTC) has been on a bull run for the past six months or so, and the market has yet to respond — but

Fireblocks faces lawsuit over deleted keys to $72M Ether wallet
The crypto-custody firm claims that it was the client’s responsibility to back up the private keys. 659 Total views 1 Total shares Crypto-custody firm Fireblocks is facing legal action by a firm that claims it was locked out of its wallet containing a substantial amount in crypto assets.Crypto staking platform StakeHound claims that negligence by…

Solana price hits a wall at $150 as several headwinds intensify
SOL price struggles to gain upward traction as DApp volumes plunge, spot ETF odds dwindle, and memecoins fail to rally.

Crypto-Focused Accounting Firm Lukka Releases Tax Preparation Product
Just in time for the 2019 tax season, cryptocurrency accounting firm Lukka announced a “do-it-yourself” crypto tax preparation product tailored for retail investors. Known as LukkaTax, the product evolved from LibraTax, a commercial crypto tax calculator Lukka released in 2014 when the company was first formed.While Lukka has primarily been focused on providing institutional-grade solutions…