Marie Fitzgerald
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Illicit cryptocurrency transactions in the decentralised finance (DeFi) sector have been rising over the last two years, according to the Web3 Safety & Compliance report from Chainalysis.
Over the last three years, illicit DeFi activities have witnessed a steady rise in terms of raw value and also as a share...
Binance exchange has announced the appointment of Joshua Eaton as its Deputy General Counsel.
The trading platform said Eaton is well-experienced he has served as a former Deputy U.S. Attorney in the Northern District of California and the US Army for over 20 years.
With his active service under his belt, Eaton...
Gate.io, a major cryptocurrency based in the US, announced on Wednesday that it has launched an institutional services arm that is designed specifically for servicing brokers and market makers.
The new service, which is named "Gate Institutional," will provide the tools needed to help institutions to increase their cryptocurrency...
GulfQuest Maritime Museum Board announced on Wednesday a partnership with Distributed Ledger, Inc. (DLI), a blockchain and crypto service provider, to develop sustainable Bitcoin mining in the City of Mobile, Alabama state.
The mining project is being built at GulfQuest Maritime Museum, a non-profit organisation governed by community and...
HK-based Gusto Collective Raises $11m in Funding Round Led by Animoca Brands, Gaw Capital
Marie Fitzgerald - 0
Hong Kong-based Gusto Collective has raised $11 million in its Seed Plus funding round led by Animoca Brands and Gaw Capital.
The company plans to utilise the funds to support its geographic expansion into other parts of Asia, grow Web3 services, products and recurring-revenue product development. Other participants for the...
The Terra community is almost in disarray as the ecosystem’s two flagship tokens, including LUNA and UST are on a freefall amid the most bearish sentiment the blockchain protocol has ever seen.
While the algorithmic UST stablecoin has completely lost its peg against the US Dollar, trading at...
Sao Paolo-based digital banking giant, Nubank has veered into the cryptocurrency trading ecosystem with initial support for Bitcoin (BTC) and Ethereum (ETH)- the two largest cryptocurrencies by market capitalisation.
Long being associated with digital currencies, Nubank, whose parent company, Nu Holdings Ltd, is listed on the New York...
Bitcoin Miner CleanSpark Announces Second Quarter 2022 Financial Results, Beating Analyst Expectations
Marie Fitzgerald - 0
CleanSpark announced financial results for the second quarter of 2022, with total revenue for the quarter quadrupling year-on-year to $33.5 million and adjusted earnings before interest, taxes, depreciation (Ebitda) of $22.5 million.
Both financial results were above analysts' average expectations according to FactSet.
Adjusted Ebitda was $22.5 million, up from...
Animoca Brands Partners with OliveX to Run Allowlist Campaign for Dustland Runner
Marie Fitzgerald - 0
Hong Kong-based Animoca Brands has announced a partnership with OliveX to run an allowlist campaign for Dustland Runner - the company's move-to-earn game.
As part of the campaign, users can participate in the mint of Dustland Runner's Operation Ape: Exclusive Access Pass NFT ("Access Pass") through the allowlist this...
Bitcoin Needs to Reclaim $36K to Invalidate the Bearish Thesis, BTC’s Correlation with S&P 500 Hits ATH
Marie Fitzgerald - 0
Bitcoin (BTC) recently hit a 10-month low of $29K as more liquidation engulfed the market.
Market analyst Ali Martinez believes a bearish picture is being painted in the BTC market because it has broken the historical trendline. For this to be invalidated, the leading cryptocurrency needs to reclaim $36K.
Martinez...