Wollito UAB

Stronghold announced its first quarter results for 2024 and revealed that it is considering a range of options to increase shareholder value including selling the business.

Nasdaq-listed mining firm Stronghold Digital Mining for sale?

Stronghold Digital Mining is considering selling the company in an effort to maximize shareholder value, according to its first-quarter financial report. Information shared with Cointe...

4 months ago

The Infinex protocol — dubbed the "UX Layer" of DeFi — is targeting a May 13 launch, pending a final vote from Infinex's governing council.

Synethix founder Kain Warwick targets mid-May launch for Infinex DEX

Synethix founder Kain Warwick has given a date for when the decentralized exchange front-end and self-custodial account system Infinex is set to go live after several delays from its expected Q4...

4 months ago

Bitfarms is actively working to triple its current hash rate capacity to 21 exahashes per second with a $240 million investment.

Bitcoin halving sees Bitfarms’ BTC mining earnings plummet

The impact of the fourth Bitcoin halving has led Bitfarms to report its lowest monthly earnings in over two years. The mining firm earned 269 Bitcoin in mining rewards and tr...

4 months ago

The FBI arrested a New York resident for defrauding investors of at least $43 million in a multi-year Ponzi scheme that included a Las Vegas hospitality business and crypto trading operation.

FBI busts $43M crypto and Las Vegas hospitality Ponzi scheme

The Federal Bureau of Investigation (FBI), alongside a New York court, arrested a local resident under the allegations of orchestrating a sophisticated Ponzi scheme that defrauded investors of $...

4 months ago

U.S. Senator Cynthia Lummis argued that the Department of Justice’s position on crypto self-custody conflicts with existing Treasury guidance and breaches the rule of law.

Senator Lummis challenges DOJ’s stance on private crypto wallets

Lummis (R-WY) says she opposes the Biden Administration’s criminalization efforts related to the Bitcoin (BTC) network and decentralized finance (defi). The Department of Justice...

4 months ago

The U.S. Department of the Treasury’s OFAC has sanctioned a Russian one-way attack UAV developer, which solicited donations in crypto on Telegram.

US sanctions crypto addresses tied to Russian drone developer

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on May 1 sanctioned nearly 300 individuals and entities in a bid “to limit the Kremlin’s revenue a...

4 months ago

Fidelity Records Largest Daily Outflow

BlackRock’s IBIT Experiences $37M Outflows for First Time, Other Funds See Combined $526.8M Withdrawals

The spot Bitcoin exchange-traded funds (ETFs) in the United States have witnessed record net outflows, with BlackRock’s iShares Bitcoin Trust (IBIT) experiencing&n...

4 months ago

UK Crypto Firms Face Uphill Battle as FCA Registration Process Weeds Out Many

UK FCA Dedicated 30% of Financial Crime Personnel to Monitor Crypto Companies in 2023

The UK’s financial watchdog dedicated nearly a third (30%) of its financial crime specialists to overseeing crypto asset businesses in 2023, according to a report released&n...

4 months ago

The industry could see a shift toward player-centric Web3 games this cycle as Web2 founders enter the GameFi space, according to Bitget’s managing director.

Web3 gaming needs to shift from play-to-earn to ‘play-and-earn’ — Bitget

Web3 games should shift their focus from play-to-earn to “play-and-earn” to attract new mainstream crypto adopters. The issue is that most Web3 games focus solely on the ec...

4 months ago

YouTuber and Ultimate star MKBHD tested the device using a game controller, his legs and “the force.”

This 360 treadmill could make Disney’s metaverse a physical playground

The Imagineers at Disney have come up with what may be the killer app for metaverse hardware, a 360-degree treadmill controllable via remote control, physical movement, or gesture. ...

4 months ago