Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
BTC miners are struggling to adapt to a post-halving environment.
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North Korean Lazarus Group amasses over $40M in Bitcoin, data reveals
The North Korean hacking collective has at least $47 million in cryptocurrency, including Bitcoin, Ether, Binance Coin and various stablecoins, including Binance USD. 42 Total views 1 Total shares North Korean hacking collective Lazarus Group holds a whopping $47 million in cryptocurrency, most of which is in Bitcoin (BTC), new data shows. According to data collated

Coinbase Considering Initial Exchange Offering Platform: Report
United States-based cryptocurrency exchange Coinbase has indicated it is considering the launch of an initial exchange offering (IEO) platform.The news was revealed by Coinbase’s head of institutional sales in Asia, Kayvon Pirestani during a panel at the Invest: Asia conference on Sept. 11, crypto media outlet Coindesk reports.IEO platform could be announced within monthsDuring the…

Overstock’s Blockchain Ventures Booming in Q2
Recent second quarter financial reports show big growth for Overstock — the same quarter the company gave its security token to investors as a dividend. 1105 Total views 17 Total shares Recent Q2 financial details from blockchain-involved company Overstock show triple digit percentage growth compared to the same time in 2019."Total net revenue was $783…

Clarity needed on crypto lending regulations — UK Law Commission
The Law Commission’s recommendations highlight the need to clarify whether cryptocurrency lending falls under existing financial collateral regulations. A lawyer leading the United Kingdom’s Law Commission’s review on the application of British laws towards digital assets has stressed the need for further clarity around cryptocurrency lending.Laura Burgoyne unpacked the details of the organization's four major…

The Death of the ICO: Has the US SEC Closed the Global Window on New Tokens?
The United States Securities and Exchange Commission’s vigor in pursuing initial coin offerings, or ICOs, has become a major boogeyman within the crypto community. Most recently, the case against Telegram ended with that company abandoning its planned open network and Gram tokens, which raised $1.7 billion. The question before the crypto community is now: Have we…

75% of retailers eyeing crypto payments within 24 months: Deloitte
Improving customer experience, increasing the customer base and a hope their brand is perceived as “cutting edge” were the biggest reasons given for a desire to adopt crypto payments. 83 Total views 2 Total shares Three quarters of United States retailers plan to accept crypto or stablecoin payments within the next two years according to…

Buy more Bitcoin, analyst tells institutions as $257M in BTC leaves Gemini
Institutions should start buying Bitcoin (BTC) again, leading analyst PlanB has said as one exchange sees a fresh $250-million withdrawal.In a tweet on Tuesday, PlanB argued that conditions were now right for buyers to continue accumulating BTC with confidence.PlanB: “Probably time” for Q2 buyingBTC/USD had seen a lack of momentum over the weekend, culminating in…

Doge meme hits $220M valuation, as Sotheby’s Bored Apes auction is tipped to fetch $18M
After a successful fractionalization into $DOG Tokens, the total implied value of the Original Doge meme NFT has gone through the roof. 1683 Total views 13 Total shares The original Doge meme NFT has soared to a valuation of around $220 million following its successful fractionalized token sale this week. Ludicrously high prices for in…