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Coinbase Reports Q3 Revenue Drop, Yet Surpasses Predictions
November 3, 2023
The cryptocurrency exchange, Coinbase, has released its third quarter financial report, revealing a decrease in total revenue down to $674 million, a 5% drop from the second quarter. Despite the …
Read moreExploits, Scams, and Potential Insider Jobs Rock the Crypto Space
November 2, 2023
Several events have plunged the cryptocurrency space into tense speculation recently. This includes controversies surrounding popular DeFi projects, SafeMoon and Multichain Bridge, as well as the Bitcoin ETF race championed …
Read moreMarathon Digital Employs Landfill Methane Gas for Bitcoin Mining in Utah Pilot Project
November 2, 2023
Engaging in an innovative method to reduce the environmental impact of cryptocurrency mining, Marathon Digital is utilizing methane gas sourced from a landfill to power Bitcoin mining operations. In a …
Read moreRevolut, the Most Crypto-friendly UK Bank Amid New FCA Compliance Rules
November 2, 2023
The UK's aspiration to establish London as a major hub for blockchain technology seemingly contradicts restrictive cryptocurrency policies by its major banks. Recently, a report by crypto tax software provider …
Read moreProShares Introduces the World's First Short Ethereum-linked ETF
November 2, 2023
ProShares, a leading entity in the crypto-linked exchange-traded fund (ETF) realm, launched the world's first short Ethereum (ETH) ETF, labelled ProShares Short Ether Strategy ETF (SETH), on November 2. This …
Read moreUK's National Crime Agency Recruits Crypto Investigators for Specialized Team
November 2, 2023
The United Kingdom's National Crime Agency (NCA) is taking a proactive step to curb rising cryptocurrency crimes by recruiting six specialists for a dedicated cryptocurrency and virtual assets team. As …
Read moreSolana (SOL) Displays Spectacular Growth Amid Market Rally and FTX Concerns
November 2, 2023
Performing as one of the leading digital assets in the market, Solana's SOL token has seen significant growth recently, surpassing many observers' expectations. The SOL token has experienced an unexpected …
Read morePayPal Faces SEC Scrutiny Over PYUSD Stablecoin
November 2, 2023
PayPal, the leading payment technology company, has received a subpoena from the U.S. Securities and Exchange Commission (SEC) with regard to its USD-pegged stablecoin, PYUSD. In August, PayPal became the …
Read moreUK Ups Investment in AI Safety and Celebrities Fight AI Deep Fakes
November 2, 2023
The United Kingdom has announced an increase in funding for two artificial intelligence (AI) supercomputers to £300 million (~$363.57 million). Announced on November 1, the increased investment aims to provide …
Read moreSwitzerland's St.Galler Kantonalbank Starts Cryptocurrency Trading with SEBA Bank
November 2, 2023
St.Galler Kantonalbank (SGKB), one of Switzerland’s largest banks, has initiated Bitcoin (BTC) and Ether (ETH) trading for a select group of clients in collaboration with SEBA Bank, a global cryptocurrency-focused …
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