Cryptocurrency

Cryptocurrency
Binance.US Scores Big Win with $1.3B Acquisition of Voyager – against SEC

A US bankruptcy judge has approved Binance.US’ $1.3 billion deal to acquire the assets of Voyager, a cryptocurrency trading platform. The agreement stipulates that Binance.US will pay a $10 million good faith deposit and will reimburse Voyager for certain expenses…

Cryptocurrency
WeChat Now Accepts China’s Central Bank Digital Currency(CBDC) Payments

China’s central bank digital currency (CBDC) continues to gain traction as the country’s leading social media platform, WeChat, has started accepting CBDC payments. This move is seen as a major milestone in the adoption of CBDCs, as WeChat has over…

Cryptocurrency
FTX Debtors Take on Grayscale Investments, LLC in $1 Billion Lawsuit Over Alleged Cryptocurrency Price Manipulation

A group of debtors from cryptocurrency derivatives exchange FTX have filed a lawsuit against Grayscale Investments, LLC, as well as its CEO and owners. The lawsuit, which was filed in a New York court, alleges that Grayscale Investments, LLC and…

Cryptocurrency
Weekly Price Analysis of Bitcoin (BTC), Ethereum (ETH) and S&P500, Everything you need to know

Bitcoin (BTC) closes another week below the 50 weekly moving average. Last week, the opening price of bitcoin was $23559. whereas, Bitcoin (BTC) closes around $22,428, losing 4.8% of its value in 1 week. The crypto total market capitalization that…

Cryptocurrency
US Judge Rules SEC’s Objection to Binance Deal in Bankruptcy Case as Invalid – Hope for Voyager

A US judge has criticized the objections raised by the Securities and Exchange Commission (SEC) in relation to a deal between cryptocurrency firms Voyager Digital Ltd and Binance.US. The SEC had raised concerns about Voyager’s plans to acquire the US…

Central Bank
India’s Central Bank to Introduce Digital Currency as a Secure and Efficient Alternative, Says RBI Official

In recent years, there has been a surge in interest in cryptocurrencies like Bitcoin, Ethereum, and others. While some countries have embraced these digital currencies, others have been more cautious. India, for example, has been grappling with how to regulate…

Crypto Mining
Revolutionary TeraWulf Launches Nuclear-Powered Bitcoin Mining at the Nautilus Facility in Pennsylvania for 8000 crypto miners

TeraWulf, a leading bitcoin mining company, has announced that it has energized nearly 8,000 bitcoin mining rigs at its Nautilus facility in Pennsylvania. The company has partnered with Energy Harbor to power the facility with nuclear energy, making it one…

Crypto Mining
Green Revolution in Cryptocurrency Mining: International Energy Agency Proposes Mandatory Carbon Emissions Reporting

Cryptocurrency miners may soon be required to report their carbon emissions as part of a wider push towards greater sustainability in the industry. This article explores the reasons behind the proposed regulation, the potential impact on the mining industry, and…

Cryptocurrency
Bitfinex and Tether Accused of Falsifying Documents and Covering Up Losses, Shattering Investor Trust – WSJ

Bitfinex and Tether, two of the most prominent companies in the cryptocurrency industry, have been accused of falsifying documents to access banking services, according to a report by the Wall Street Journal. The allegations come as part of a wider…

Altcoins
Altcoins at a Glance, Important News You Might Have Missed

There are thousands of altcoins in the crypto space.  We know time is important, so we have compiled altcoin updates that you might have missed.   This is your weekly dose of Altcoins at a Glance. Audios Integrates with Tiktok Algorand…