Bitcoin Mining Continues Despite The Scrap Of Gryphon And Sphere 3D Merger
Although the planned merger has been canceled, the two companies still retain a good working relationship and aim for carbon-neutrality in their Bitcoin mining operations. Bitcoin mining in relation to the carbon-neutral facilities will still be rolled out even as the merger between Gryphon Digital Mining and Sphere 3D has been canceled. According to a […]
Wechat Suspends Accounts Linked To NFTs
Chinese messaging app, Wechat, has reportedly suspended accounts that are liked to non-fungible tokens (NFTs). The crackdown aims to stop the use of the affected accounts in promoting NFTs. Wechat, the Chinese messaging app, recently acknowledged that it has terminated several accounts that were allegedly related to non-fungible tokens (NFTs). According to a BBC report, […]
Axie Infinity’s Ronin Bridge Hacker Begins The Transfer Of Stolen Ethereum
The attacker(s) behind the largest crypto theft ever recorded have begun to move some of the stolen Ethereum through anonymous services. The stolen Ethereum linked to the Axie Infinity Ronin bridge hack has reportedly been discovered to have some movement on the blockchain address. Several transactions have been made from the suspect Ethereum address in […]
SEC Insists Crypto Companies Should Account For Related Risks
The United States SEC suggests that crypto companies should clarify the mission of their activities and disclose all risks to their users. The US Securities and Exchange Commission (SEC) has advised local enterprises that provide crypto services to explain to their clients the dangers connected with such operations. The agency cautioned investors to exercise extreme […]
SEC Lists Crypto Assets An Examination Priority In 2022
SEC Division of Examinations reveals that it is tailoring its focus to emerging issues, such as crypto assets. This move comes on the heels of the heightened market volatility of cryptocurrency. Crypto assets have been named as one of the top priorities of the Division of Examinations of the Securities and Exchange Commission. This new […]