Core Scientific Consider Bankruptcy Following Financial Condition
Core Scientific has attributed its troubles to the low price of Bitcoin, an increase in the BTC hash rate, and legal dispute with Celsius. According to reports, Core Scientific, a company that mines bitcoins, is thinking about declaring bankruptcy as some of the holders of its convertible bonds speak with restructuring attorneys. Bloomberg Law reported […]
Ethereum Whales Are Purchasing More ETH
Ethereum whales have been making the most of the current bear market by accumulating ETH after the Ethereum merge. Whales are said to have amassed $3.5 million worth of ETH over the past month. According to Santiment data, the top 10 non-exchange whales on Ethereum have added 6.7% more ETH to their wallets. Ethereum Whales […]
India Will Direct G20 Attention To Cryptocurrency Regulation
In order to stop the funding of terrorism, it will compel the developed economies to oversee worldwide crypto regulation of digital assets. For a very long time, India has chosen the “wait and watch” approach to rules relating to digital assets. Following the Digital Rupee (CBDC) trial launch, the Asian country hopes to draw attention […]
Moneygram To Enable Users Buy, Sell , Hold Cryptocurrency
According to the company, users within select regions can now trade and store Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). The MoneyGram mobile app now allows users in almost all U.S. states and the District of Columbia to purchase, trade, and store cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) through peer-to-peer (P2P) payments […]
South Korean Regulators To Toughen Crypto Fraud Punishments
South Korean Regulators plan to strengthen regulations, with safeguarding investors in virtual assets, and toughening the penalties.. Local media reports that the Financial Services Commission (FSC) and the National Assembly are working to pass a bill that would allow financial authorities to supervise cryptocurrency exchanges and monitor unfair trade practices like the use of confidential […]