Zipmex suspends withdrawals as CEO refutes reports of financial trouble
Just before the company stated it would halt withdrawals from its platform, the CEO of Zipmex refuted allegations of financial difficulties. Following a “combination of circumstances” beyond its control, the Thai cryptocurrency exchange Zipmex has halted withdrawals on its website. After Coinbase’s failed attempt to acquire the Thai exchange, the allegations that the company may […]
Vasiliy Shapovalov talks about Ethereum’s future at EthCC
According to Vasiliy Shapovalov, the enormity of the move to proof-of-stake could pose complications that were not anticipated. Shapovalov is a co-founder of Lido and places a strong emphasis on technical advancements, including creating the algorithm and creating the withdrawal protocol following the Merge. Updating governance rules and enhancing algorithms for validator selection are secondary […]
21Shares introduces S&P risk-controlled Bitcoin and Ether ETPs
Despite the collapse of the cryptocurrency markets this year, the Swiss cryptocurrency ETP company 21Shares has witnessed new crypto inflows reach new all-time highs YTD. With its new risk-adjusted cryptocurrency investment products, 21Shares is attempting to match the benchmarks of the S&P Dow Jones Indices despite the over 50% decline in the cryptocurrency markets this […]
Japan’s “experiment” with crypto self-regulation is failing
According to reports, JVCEA, a self-regulation entity, has been issued strong warnings to get its act together as the Japan Financial Services Agency presses for the organization to accelerate the adoption of its AML regulations. Local government officials and business professionals claim that Japan’s self-regulation “experiment” for the cryptocurrency sector is not succeeding as anticipated. Since 2018, the […]
BTC Mining Council: Sustainable Bitcoin mining power mix reaches 59.5 %
The most recent Q2 report from the Bitcoin Mining Council describes the increasing energy efficiency of Bitcoin miners. According to the most recent Q2 2022 report from the Bitcoin Mining Council, nearly 60% of the electricity utilized to run Bitcoin mining equipment originates from environmentally friendly sources (BMC). The BMC discovered that the global Bitcoin […]