Core Scientific claims to be losing approximately $53,000 per day to cover the increased electricity tariffs that Celsius refuses to pay. Crypto lender Celsius Network’s legal journey has gained another chapter as Bitcoin miner Core Scientific accused the company of refusing to pay its bills since filing for chapter 11 bankruptcy, according to court papers filed...Continue Reading

The broker’s partnership with Paxos will enable U.S.-based investors to spot-trade cryptocurrencies on Paxos’ itBit exchange through Oanda’s mobile platform. New York-based multi-asset trading services Oanda has launched a new cryptocurrency trading service in the United States. This latest addition developed in partnership with regulated blockchain infrastructure provider Paxos Trust Company is designed to give...Continue Reading

Key Bitcoin indicators tracking its market versus fair value, as well as long-term holders’ confidence, hint at a market bottom formation. Bitcoin (BTC) and other riskier assets slipped on Oct. 21 as traders scrutinized macro indicators that suggest the Federal Reserve would continue to hike rates. Nonetheless, the BTC/USD pair remains rangebound inside the $18,000–$20,000...Continue Reading

German crypto bank Nuri joins a growing list of crypto service providers to shutter their doors permanently amid the bear market. Three Arrows Capital. Celsius. Voyager Digital. The list of crypto bankruptcies, shutdowns and trading freezes has been endless in 2022. And the year isn’t over yet. This week, German crypto bank Nuri urged its...Continue Reading

A sudden dip accompanies squabbling over Fed rate hike policy, with BTC price action recovering lost ground. Bitcoin (BTC) dipped further below $19,000 on Oct. 21 as rumors circulated over the United States Federal Reserve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fed still on track for major November rate hike Data from Cointelegraph Markets...Continue Reading

Uzbekistan’s law enforcers were educated on blockchain analysis topics and methods for seizing crypto. The Organization for Security and Co-operation in Europe (OSCE) organized a five-day training course on cryptocurrencies and Dark Web investigation for Uzbekistan’s police and prosecution forces. The course is a part of OSCE’s consistent efforts to educate Central Asian law enforcers...Continue Reading

Women in Latin America are showing an increased interest in Web3 as organizations aim to drive participation through educational content and scholarships. Interest in Web3 continues to grow despite the crypto bear market. A recent article from McKinsey noted that venture capital investments in Web3 exceeded $18 billion during the first half of 2022. Findings...Continue Reading

Telegram said that the development of its marketplace is almost finished, and a launch date will be announced soon. The popular messaging app Telegram has developed a new marketplace that doesn’t involve nonfungible tokens (NFTs). The social messaging platform said that it is all set to launch its marketplace for auctioning unique usernames for social...Continue Reading

A community member argued that the new rarity ranking protocol destroys the market-driven rarity structure for some NFT collections. While giving rarity ranks to nonfungible tokens (NFTs) on a marketplace may help collectors decide on whether to purchase NFTs or not, some argue that ranking NFTs may do more harm than good.  In a tweet,...Continue Reading

The world could be stuck with recession until Spring 2024, Musk guesses in a fresh blow to the risk asset outlook. Bitcoin (BTC) may spend the time until its next block subsidy halving battling recession, Elon Musk suggested. In a tweet on Oct. 21, the Tesla CEO revealed his belief that the world would only...Continue Reading