The Core Scientific Bitcoin mining company is filing for bankruptcy due to the declining price of BTC
The Bitcoin mining company called Core Scientific, filed for Chapter 11 bankruptcy protection in a federal bankruptcy court in the Southern District of Texas early Wednesday morning. The bankruptcy petition,…
New York financial regulator issues new updated crypto guidance for banks
It seems the New York regulators are back and after crypto yet again. If you recall, a few years ago NY came out with the BitLicense, which was the first…
Martin Shkreli claims to have decrypted Satoshi Nakamoto’s Bitcoin keys, identifying who Satoshi really is
The cryptocurrency world is on the edge of its seat. Martin Shkreli claims that he has decrypted Satoshi’s keys and identified who he really is. The mystery behind this creator…
Arrested: Sam Bankman-Fried in the Bahamas on fraud charges
FTX exchange and Alameda Research disgraced former CEO Sam Bankman-Fried was arrested hours ago in the Bahamas. He’s facing charges of fraud, money laundering and tax evasion in what’s alleged…
Coinbase tells users to switch from Tether to USDC, saying Tether can’t be trusted
Coinbase has announced plans to delist Tether’s US dollar stablecoin, USDT. In a blog post, the crypto exchange said it will delist the stablecoin and migrate to USDC as its…
Goldman Sachs bank looks to buy up crypto firms after FTX collapse
Goldman Sachs, the world’s largest investment bank, has reportedly started talks with crypto companies. The firm is looking to invest in firms that have a reliable secure infrastructure, so it…
Altcoins like Dogecoin and Litecoin drop as Silvergate revealed exposure to FTX
The prices of Dogecoin and Litecoin dropped on Tuesday morning as investors digested the news that Silvergate Bank’s exposure to cryptocurrency exchanges had led to a loss of business and…
The top 3 places to buy crypto merch from for the holidays
The holidays are fast approaching and you may need a good Christmas gift. Or maybe it’s not for the holidays but just some cool Bitcoin stuff that you want. If…
Crypto lending firm Genesis owes the Winklevoss exchange Gemini nearly $1 billion
Genesis Global Trading, a cryptocurrency lending firm that’s being pursued by creditors and is being sued by the Winklevoss brothers’ exchange Gemini, owes nearly $1 billion on its loan. The…
Tether lending it’s own stablecoin out is a systemic risk to crypto
Tether is a cryptocurrency that claims to be a stablecoin, meaning that it has a 1:1 ratio with the US dollar. It’s one of the largest cryptocurrencies by coin market…