Landlocked between six different neighbors in the Horn of Africa, Ethiopia has approximately 120 million inhabitants, making it the second most populous nation on the continent, and a GDP of $163 billion, which puts it in the same economic league…
Upbit, South Korea’s leading cryptocurrency exchange, has suspended deposits for Solve.Care (SOLVE), citing a lack of transparency and potential risks to investors. The decision, communicated via an official announcement, highlights concerns over SOLVE’s business practices, including deficiencies in its distribution…
The crypto industry’s most notorious rapper, Heather Morgan – more widely known as Razzlekhan – released a new music video as U.S. authorities stand ready to imprison her for criminally laundering portions of the crypto loot her husband was convicted…
Bitcoin (BTC) miners’ daily revenue and gross profit rose for the second consecutive month in December, hitting the highest levels since April, JPMorgan (JPM) said in a research report on Monday. Mining profitability increased as the rally in the world’s…
A group of Philippine banks is joining forces to launch a peso-backed stablecoin, PHPX, to enhance cross-border payments and promote financial inclusion. The PHPX token is set to debut between May and July, leveraging decentralized ledger technology (DLT) via the…
Coinbase Inc. (COIN) is warning customers that a U.S. regulator is demanding information about interactions with prediction market firm Polymarket, according to a person familiar with the situation, and Coinbase has sent messages to customers saying the exchange may have…
Bitcoin miners across the United States are reportedly hoarding the apex crypto in what looks like an all-out arms race to survive rising costs and tougher competition. Giants like Mara Holdings, Riot Platforms, and CleanSpark are leading the charge, raising…
Global cryptocurrency exchange Bybit has announced a temporary halt to its trading services in India, citing evolving regulatory developments. The suspension will take effect on January 12 at 8:00 am UTC, affecting several services, including cryptocurrency trading, account openings, and…
NEW YORK, NY — Terraform Labs co-founder and former CEO Do Kwon’s criminal fraud trial in the U.S. has been tentatively scheduled for next January, allowing prosecutors and Kwon’s defense attorneys adequate time to review the “massive” six-terabyte trove of…
Riot Platforms, Inc. shared its December 2024 production update. The company mined 516 Bitcoin in December, a 4% increase from November. Riot Platforms achieved a 4% monthly production increase and completed the first phase of its Corsicana Facility while holding…