“We will make a snapshot of the remaining BTC and ETH balances on pool on September 6th to work out the balances,” said Poolin. Poolin, one of the largest Bitcoin mining pools by hash rate, has announced it has temporarily suspended Bitcoin and Ether withdrawals from its wallet service due to “liquidity problems.” In a...Continue Reading

“The auditors are being significantly more challenging now, because they’re getting beaten up by their regulators,” an individual familiar with Revolut’s situation reportedly said. The United Kingdom’s Financial Reporting Council has reportedly found flaws in the audit of cryptocurrency-friendly payments app Revolut tha included an “unacceptably high” risk of “material misstatement.” According to a Monday...Continue Reading

Desperate to boost revenues, Netflix announced in July that it would be launching a cheaper subscription tier that features commercials. Streaming giant Netflix has reportedly banned cryptocurrency-related commercials on its ad-supported subscription tier, which is scheduled to launch in November months ahead of schedule.  Citing local sources, The Sydney Morning Herald reported Monday that Netflix...Continue Reading

The trial may lead up to the introduction of a CBDC in India before the end of this fiscal year, most likely in three steps; U.S.-based FIS is reportedly participating. The Reserve Bank of India (RBI) is in talks with fintech companies and state-controlled banks about a trial run of a central bank digital currency...Continue Reading

ETC price secures a double-digit gain as its hashrate hits a record-high and BTC.com adds a Ethereum Classic mining option to its services. Ethereum Classic (ETC) price rallied on Sept. 5 on back-to-back positive reports concerning its adoption among crypto miners. Top mining pool supports Ethereum Classic On the daily chart, ETC’s price surged 14.5%...Continue Reading

PANONY, a Hong Kong-based investor and consulting agency, is prioritizing Web3 startups for its incubator program. Blockchain-focused incubator and adviser PANONY has closed a Series A funding round backed by NGC Ventures, one of Asia’s largest crypto investment firms, putting the company on track to expand its portfolio and geographic presence.  Although the funding terms...Continue Reading

Bitcoin and altcoins are holding their immediate support levels, but traders are searching for a trigger to push the market higher. The cryptocurrency markets have been quiet over the weekend. The sideways price action continues on Sept. 5 and there are unlikely to be any fresh triggers from the United States equities markets, which are...Continue Reading

Macro analyst Lyn Alden explains why the Fed’s efforts to curb inflation may take longer than expected and how they will impact the crypto markets. The Federal Reserve’s efforts to battle inflation by rising interest rates and killing demand may have limited results as long as the supply side of the inflation problem won’t be...Continue Reading

There’s a big buzz around staking right now — but when it comes to Polkadot, there’s a big difference between exchanges. Are there any other limitations to consider? Yes — as your funds may need to be locked up in order for rewards to be generated. With some non-custodial staking providers, you need to delegate...Continue Reading

Crypto lending platform is ready to return $50 million out of $210. United States-based crypto lending platform Celsius, which collapsed and stopped the withdrawal option amid the market meltdown in June, pledged its readiness to partially return money to customers. However, there’s a catch — as the company has filed a motion with the United...Continue Reading