Business

Aug 19, 2022

Canaan’s profit rises by 117% over the year despite China’s ban on mining

Revenue amounted to about $139 million for the second quarter of 2022

Aug 18, 2022

Michael Moro steps down as CEO of Genesis Global Trading

He will be temporarily replaced by the crypto brokerage firm’s chief operating officer, Derar Islim

Aug 18, 2022

Record 2,37 billion USDT transferred to Binance in one transaction

It is unknown who sent these stablecoins to the exchange and for what purpose

Aug 17, 2022

Media: Celsius lost millions of dollars due to interference of the platform’s head in trading

An anonymous source told Financial Times that if the company had waited longer, it could have made a profit amid the collapse of the cryptocurrency market

Aug 17, 2022

Kraken CEO criticizes sanctions against Tornado Cash

Jesse Powell noted that users “have a right to financial privacy,” and that many use crypto mixer for legitimate purposes

Aug 17, 2022

Former Goldman Sachs employee explains Wall Street’s rejection of bitcoin

John Haar believes that the negative attitude towards digital assets is caused by a complete lack of understanding of the basic principles of their work

Aug 16, 2022

Bitfarms’ losses amount to $142 million in Q2

The mining company also sold $69 million worth of BTC for partial repayment of the loan

Aug 15, 2022

Galaxy Digital refuses to buy BitGo crypto custodian

The decision was made after the platform did not provide audited financial statements for 2021

Aug 15, 2022

Binance receives approval in principle to operate in Kazakhstan

AFSA became the first regulator in the CIS to grant permission to the crypto exchange

Aug 14, 2022

PicPay to launch cryptocurrency exchange in cooperation with Paxos

The minimum transaction amount will be 1 real, and the entire process will take place in the payment application

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