Delio Admits to Losing Millions After Suspending $67.95M Deposits
Delio, a South Korean crypto-finance platform, has disclosed its deposit figures and loss projections for the first time since it halted withdrawal services in June. The company faces a challenging situation as it tries to recover from the losses and compensate its users. According to a statement from Delio, the platform’s deposits stand at approximately […]
Ethereum Client Nethermindv Prepares for Holesky Testnet Launch
Nethermindv, a leading Ethereum client, has announced the release of its new version, v1.20.2, which is ready to support the upcoming Holesky testnet. Holesky is a new public testnet that will replace Goerli as the main platform for Ethereum staking, infrastructure, and protocol development. The testnet is expected to launch on September 15, 2023, at […]
Grayscale Bitcoin Trust Surges After Court Victory Over SEC
Grayscale Bitcoin Trust (GBTC), the largest bitcoin investment vehicle in the world, saw its share prices soar by 17% after a favorable court ruling against the U.S. Securities and Exchange Commission (SEC) over its bid to convert to a spot bitcoin ETF. This is the latest development in the long-awaited quest for a bitcoin ETF […]
EOS Soars 9% After Relisting on Japanese Regulated Exchanges
EOS has received regulatory sanction from the Japan Virtual and Crypto Asset Exchange Association, Trading with Japanese Yen Begins. The EOS token has received whitelist approval from the Japan Virtual and Crypto Asset Exchange Association (JVCEA), marking a significant milestone in the EOS Network Foundation’s voyage toward widespread adoption. This significant development represents a considerable […]
Stronghold Digital Seeks Permission to Burn Tires for Crypto Mining
Stronghold Digital Company is seeking approval from the Pennsylvania Department of Environmental Protection for using Tire Derived Fuel to generate energy for cryptocurrency mining at its industrial facilities. Stronghold Digital Mining, a crypto-mining company based in Pennsylvania, requests permission to generate up to 15 percent of its electricity at its Panther Creek plant in Nesquehoning […]