Crypto Biz: Consolidation ramps up among crypto firms

Tired claims that Bitcoin and cryptocurrencies are not an asset class say more about Goldman Sachs and the banking system itself, proponents argue. 2041 Total views 30 Total shares Bitcoin (BTC) supporters have widely panned Goldman Sachs after it emerged that the banking giant does not consider it as a real asset class.Materials from an…

The Trump Coin team said that the block explorer doesn't correctly reflect the criteria they set for dinner eligibility. 641 Total views 2 Total shares US President Donald Trump’s memecoin team denied social media rumors that holders of the Official Trump (TRUMP) token need at least $300,000 to participate in an upcoming dinner with the

The South Korean Supreme Prosecutors' Office (SPO) has announced the establishment of a task force to fight cryptocurrency-related fraud and crimes. The development was reported by the Korean Broadcasting System (KBS), one of the largest national public broadcasters, in an article published on Tuesday, March 5.The new task force will be responsible for the investigation…

According to Kladko, a combination of naive investor protection mechanisms and lack of market regulation led to the recent DeFi "supercrash." 131 Total views 4 Total shares The recent cryptocurrency bear market has uprooted decentralized finance (DeFi) and centralized finance (CeFi) projects in the crypto space. But past performance is not always indicative of future…

Core Scientific is well-positioned to take advantage of new opportunities at its mining facilities.

European Union regulators are reportedly mulling a $1 billion fine against Elon Musk’s X, taking into account revenue from his other ventures, including Tesla and SpaceX, according to The New York Times. EU regulators allege that X has violated the Digital Services Act and will use a section of the act to calculate a fine

In recent months, there has been a considerable spike in institutional demand for Bitcoin (BTC) following several high profile investments. Over time, asset manager and 10T Holdings co-founder Dan Tapiero believes this could lead to a problematic shortage in BTC.Alongside investments from Square, MicroStrategy and Stone Ridge, Bitcoin inflows to Grayscale Bitcoin Trust have surged.Based…

Walmart Canada — the retail giant’s Canadian branch — has rolled out an automated blockchain-based network for freight tracking and payments management, according to a Nov. 14 press release.The new system, which was developed in collaboration with blockchain company DLT Labs,  is designed to improve freight and payment processing, enabling users to automatically trace deliveries,…

Any discussion over the current price action in the crypto market is likely to include some reference to Chainlink (LINK) and Tezos (XTZ). Both have seen some of the most volatile and massive flows of the past twelve months in the cryptomarkets. Since the Black Thursday crash on March 12, Chainlink has seen a surge of…