The debut of El Salvador’s bitcoin-backed “volcano” bonds was made possible by the submission of a bill authorizing the issuing of digital assets to the nation’s legislative assembly by Minister of the Economy Maria Luisa Hayem Brevé. The innovative project, which...
The data on reserves has been eagerly awaited by cryptocurrency exchanges. But there are a lot of differences between them, just like there are with other things in the industry. Too much reliance on the FTT token created by FTX and...
In its current state of difficulty, cryptocurrency brokerage firm Genesis Trading is having a very difficult time raising new financing. According to the most recent WSJ story, the cryptocurrency lender also contacted companies like Apollo Global Management and Binance to submit...
Iris Energy, an Australian Bitcoin mining company, is the most recent victim of the crypto bear market pressure, losing a sizeable portion of its mining capacity after defaulting on a loan. According to a document submitted by the company to the...
The pressure on Bitcoin miners has never been higher as of Nov. 22, when BTC prices hit a fresh bear cycle low. Charles Edwards, the founder of Capriole Fund, saw that Bitcoin miners were selling aggressively on November 21. The sell-off...