Has altseason finished? XRP ETF applications flood in, and more: Hodler’s Digest, Feb. 2 – 8
Is altcoin season potential still alive or running out of steam? XRP ETF filings flood in, and more: Hodler’s Digest
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Bitcoin’s (BTC) price continued to hold above $8,000 on Monday, July 30, as the rest of market saw slight losses across the board. Market visualization from Coin360 Data from Cointelegraph’s price tracker and Coin360 reveals a modest comedown for Bitcoin through the day, falling almost 1 percent over a 24 hour period to trade at…

Australian Record Scalability Blockchain: How Crypto Is Stepping Into the Land Down Under
On Sept. 26, Australia’s National Science Agency (CSIRO), an independent Australian federal government agency responsible for scientific research, developed a blockchain network called Red Belly with the University of Sydney. They successfully conducted a pilot test on the Amazon Web Services (AWS) global cloud infrastructure, processing more than 40,000 transactions per second.At 40,000 tx/second, Red…

Not Your Keys: 92% of Institutional Investors Keep Crypto on Exchanges
Cryptocurrency institutional investors overwhelmingly keep their wealth on exchanges despite the inherent security risks, new data claims. Compiled by cryptocurrency exchange Binance on Nov. 22, a survey asked 76 institutional investors who used its platform about their trading habits. Exchange storage “most popular choice”The survey was part of Binance’s Institutional Market Insights research, which is now in…

Binance to Open US-Based Division With FinCEN Approved Partner
Major cryptocurrency exchange Binance is establishing a United States-based division with a Financial Crimes Enforcement Network (FinCEN) approved partner, according to a press release shared with Cointelegrpah on June 13.Binance is reportedly forming a new trading platform targeting U.S.-based clients dubbed Binance US, with a company called BAM Trading Services. BAM will be the operator…

SEC pushes back against Terraform’s claims fraud happened outside US
Lawyers for the commission cited several examples of Do Kwon touting UST to U.S. investors and Terraform’s former communications head making false claims about the stablecoin.

Bitcoin miners seek alternative energy sources to cut costs
During the 2021 bull market, many large mining companies took on massive loans to buy equipment and the proper infrastructure required to mine cryptocurrency. Yet the collapse of crypto exchange FTX and Celsius left many of these companies filing for bankruptcy. The current bear market, coupled with high Bitcoin network hash rates and low profits, has

Nexera burns stolen 32.5M NXRA tokens following hack
Burning the stolen NXRA tokens is a significant step to ensure the long-term stability and integrity of the Nexera protocol.

JPEX blames partners for ‘maliciously’ freezing funds, causing liquidity crisis
Crypto exchange JPEX has pointed the finger at its third-party market makers for “maliciously” freezing funds which led to the exchange being forced to hike withdrawal fees to battle a liquidity crisis. Dubai-based cryptocurrency exchange JPEX has slammed regulators and “third-party market makers” for a liquidity crisis that has seen the platform hike withdrawal fees