Ethereum L2 Eclipse CEO steps back amid sexual misconduct claims
Eclipse founder and CEO Neel Somani said he would “work to clear my name and defend myself” and will move away from a public-facing role at the firm.
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AI Firm Core Scientific Acquires Creator of Mining Program Honeyminer
Blockchain and artificial intelligence startup, Core Scientific has acquired Stax Digital to further develop its infrastructure and software solutions.Creator of HoneyminerIn a Sept. 27 press release, Core Scientific announced the acquisition of blockchain mining company Stax Digital, the creator of the most widely used GPU mining program, Honeyminer. Stax Digital’s CEO, Noah Jessop, said: “With Core…

Former Goldman Sachs Exec Leaves Blockchain.Com for Ripple
Former Goldman Sachs exec Breanne Madigan has left her position at crypto wallet provider Blockchain.com to join Ripple, crypto media outlet The Block reported on May 28.Madigan, a Wall Street veteran with about 14 years of experience at major global investment bank Goldman Sachs, has reportedly left Blockchain.com after serving there as Head Institutional Sales…

Celsius (CEL) price gains 600%+, but analysts cite exchange error and a massive short squeeze
CEL price abruptly rallied 600%+ on June 14, but analysts say it’s likely due to an exchange glitch or a liquidation of short traders. 589 Total views 3 Total shares On June 14, discussions of Celsius continued to populate media headlines and June 14's news involved the platform's CEL token accruing massive gains after what…

Goldman Sachs CEO believes Bitcoin regulations are set for a ‘big evolution’
Goldman Sachs CEO David Soloman has forecast a big evolution in how the U.S. government regulates cryptocurrency. 4923 Total views 24 Total shares David Solomon, CEO of Goldman Sachs has forecast a “big evolution” in how the U.S. government regulates Bitcoin and other cryptocurrencies, in relation to financial institutions. In an interview with CNBC today,…

Putin signs law on introduction of digital ruble in Russia
Russian citizens will not be forced to use the digital ruble, and use of the CBDC will be a voluntary choice for people to make, the governor of the Bank of Russia said. 497 Total views 5 Total shares Russia is moving forward with its central bank digital currency (CBDC) as President Vladimir Putin signed…

FATF draft guidance targets DeFi with compliance
The decentralized finance, or DeFi, space exploded over the last year, with a total value locked in DeFi of around $90 billion, according to DeBank. The DeFi ecosystem includes projects like Maker, Aave, Compound, Uniswap and more, with new ones rapidly emerging. DeFi is a broad concept to describe an emerging area of finance built…

Bitcoin Again Tests $4K Amidst Anticipation of US and China Trade Deal Finalization
Tuesday, Feb. 19: crypto markets have continued gaining momentum, with all of the top 20 coins by market cap seeing green and Bitcoin (BTC) testing $4,000 again, according to CoinMarketCap.Market visualization from Coin360Following a slight decline to as low as $3,908 yesterday, Bitcoin has continued growing towards the new price point, currently trading at $3,941…

Bahrain Central Bank Releases First Crypto Exchange to Graduate Its Regulatory Sandbox
Bahrain-based Shariah compliant cryptocurrency exchange Rain has first completed the Central Bank of Bahrain’s (CBB) Regulatory Sandbox, the Saudi Gazette reported on Feb. 26.Rain, which was founded in 2016, has reportedly become the first digital currency exchange to complete the sandbox. The exchange reportedly passed a Shariah compliance certification today, Feb. 26, which was led…