Celsius Former Boss cash Out $960K in CEL
Alex Mashinsky, who quit as CEO of Celsius on September 27, is still moving crypto out of wallets even though customers can’t withdraw their money. Nansen’s data shows that since the beginning of October, Alex Mashinsky’s wallets have sent almost $1 million in CEL and USDC to UniSwap and MetaMask. On-chain data from the analytics […]
Greenidge Expects Q3 Losses of $20M-$22M Amid CEO Departure
Bitcoin miner Greenidge Generation Holdings’ (GREE) GAAP net loss for the third quarter is expected to be between $20 million and $22 million. CEO Jeffrey Kirt stepped down from his job on October 7. Bitcoin miner Greenidge Generation Holdings’ (GREE) GAAP net loss for the third quarter is expected to be between $20 million and […]
Bernstein Says NFTs Are Still Relevant in the Crypto Space
The report said that these tokens are making changes to the crypto consumer stack. Non-fungible tokens (NFTs) are becoming more important in business. In the beginning, they may have looked like speculative JPEG images, but now they are redefining the “crypto consumer stack” in terms of games, social, content, and commerce, brokerage and research firm […]
Soroban Receives $100M to Build on Stellar Network
The Stellar Development Foundation has set up a $100 million fund to help people adopt the Stellar Network-based platform. A press release on Tuesday said that the smart-contract platform Soroban has launched on the Stellar network with the help of a $100 million fund.The Soroban Adoption Fund gives $100 million from the Stellar Development Foundation […]
Bitcoin Mining Is Set For Massive Upgrades
The companies are part of a working group that is trying to get Stratum V2 adopted. Stratum V2 is supposed to make the Bitcoin network less easy to control and more decentralized. Block (SQ) subsidiary Spiral and bitcoin mining technology provider Braiins are leading a working group to encourage the adoption of updates to the […]