The sharp recovery in Bitcoin and Ether shows that the bulls remain in control, and every dip is being viewed as a buying opportunity. Bitcoin (BTC) made a new high above $69,200 on March 5 but then succumbed to massive selling, which pulled the price below $60,000. This capitulation caused $1.17 billion in cross-crypto liquidations,...Continue Reading

ShapeShift lived up to its name with a 2021 structural transformation, but it didn’t escape the wrath of the SEC. Cryptocurrency exchange ShapeShift submitted a settlement offer to the United States Securities and Exchange Commission (SEC), accepting the agency’s order to cease and desist and agreeing to pay a penalty. The exchange had ceased the...Continue Reading

After hitting one million daily users on WorldApp, Worldcoin is running into regulatory roadblocks. The Spanish Agency for the Protection of Data (AEPD) ordered Worldcoin to stop collecting and processing data in Spain on March 6, issuing a temporary order banning operations for a period of three months.  Worldcoin is a product/service developed by Tools...Continue Reading

The Drumheller, Alberta, mining site produces an annualized rate of 48 Bitcoins per year. Bitcoin miner Hut 8 is closing its mining site in Drumheller, Alberta, Canada, due to power disruptions and surging energy costs. According to the March 6 announcement, Hut 8’s Drumheller mining facility, which mines approximately 1.4% of the firm’s Bitcoin (BTC)...Continue Reading

The Nvidia-backed firm expects higher GPU utilization to lead to more advanced AI use cases. Aethir aims to become the AirBnB of spare graphics processing units (GPUs), Dan Wang, the co-founder and chief business officer of Aethir, told Cointelegraph in an exclusive interview. Backed by Nvidia, Aethir is building a decentralized, enterprise-grade GPU cloud infrastructure...Continue Reading

The rug pull occurred hours after the Candy token’s launch. Recently launched liquidity protocol Lena Network’s Candy (CANDY) token fell over 87% after the protocol suffered a rug pull of 753 Ether, worth $2.9 million at publication time. The Candy token fell 87% to $0.38 as of 12:48 am UTC, from a daily high of...Continue Reading

Mirana Ventures invests $8 million into The Open Network ecosystem as Bybit looks to tap into Telegram’s recently launched advertising platform. The TON blockchain, which powers Telegram’s new advertising platform, continues to attract significant investment from Web3 players looking to tap into its 800 million monthly active user base. Mirana Ventures is the latest firm...Continue Reading

Binance’s latest inclusion campaign encouraging women’s participation in the crypto industry is fronted by a new luxury fragrance called CRYPTO and incentives to participate in crypto courses. The blockchain ecosystem and popular cryptocurrency exchange Binance revealed its latest move to encourage more women to participate in the industry by blending high-end goods with finance through...Continue Reading

The correspondence portrays a more informal, conversational Satoshi Nakamoto, but perhaps suffering from job “burnout.” The 260 emails run 140,000 words — the length of a long novel — but this online correspondence between Satoshi Nakamoto, Bitcoin’s creator, and Martti Malmi, an early developer, comprises a “trove” of primary historical information about Bitcoin’s early days. ...Continue Reading

Bitcoin adoption in El Salvador has netted the government up to $53 million in profits thanks to BTC price record highs. Bitcoin (BTC) held by the government of El Salvador is now worth more than $150 million. The latest data from monitoring resource Bitcoin Treasuries estimates that El Salvador’s BTC holdings are up $50 million...Continue Reading