Wollito UAB

To keep up with the declining Bitcoin rewards, Riot Platforms opened a new mining facility near Corsicana, Texas.

Bitcoin halving impacts miner Riot’s revenue by 43% despite new facility

Bitcoin miner Riot Platforms produced 215 BTC in May, a 43% decrease from last month. The decrease in mining revenue is a direct impact of the April 20 Bitcoin halving o...

3 months ago

As the FATF introduced new challenges for crypto businesses, industry leaders share insights for potential solutions.

How the crypto industry can comply with the Travel Rule

The debate surrounding the implementation of the Financial Action Task Force’s (FATF) Travel Rule within the crypto sector has highlighted several critical issues. Officially named FATF Re...

3 months ago

The Australian federal court relieved Block Earner from paying a penalty in the local financial regulator’s legal action over unlicensed crypto yield-bearing products.

Block Earner spared penalty in regulator’s crypto yield suit

Australia’s federal court has relieved fintech firm Block Earner from paying a fine despite the court finding it offered a crypto yield-bearing product without a financial services license...

3 months ago

The allegations come weeks after Citron Research revealed its short position in GameStop.

Roaring Kitty’s $300M GME position sparks market manipulation claims

The GameStop (GME) stock position of Keith Gill, known as “Roaring Kitty,” is more akin to market manipulation than traditional investing, according to Citron Research. Cit...

3 months ago

The English Football League participant aims to sell 10% of the club’s equity to investors and fans and plans to add token trading in the future.

Watford FC to make 10% digital equity shares offering via Republic platform

The professional English football team Watford Football Club, commonly known as Watford FC, is initiating a digital equity sale comprising approximately 10% of its shares. The nearly 1...

3 months ago

Solana could emerge as a leading blockchain for payment institutions. Is a Solana-based ETF next?

Solana emerges as an institutional favorite following PayPal USD launch

Solana, the fourth-largest blockchain in terms of total value locked (TVL), is becoming a leading network in institutional adoption. Increasingly more financial institutions will be in...

3 months ago

Stephen Richardson’s view aligns with Bloomberg’s ETF analysts, who expect the spot Ether ETFs to capture 10-20% of the flows that Bitcoin ETFs did at launch.

Why Ethereum ETF day one inflow won’t be like Bitcoin — Fireblocks MD

Spot Ether (ETH) exchange-traded funds won’t see the same day-one inflow as spot Bitcoin ETFs did, as the asset’s use cases are far more difficult to value, an in...

3 months ago

Frax Finance’s X account was hacked on June 1 without a password breach, leading CEO Sam Kazemian to suspect insider involvement.

Frax Finance X account hacked, CEO suspects ‘inside job’ at Elon Musk’s office

A hacker allegedly gained control of crypto lending platform Frax Finance’s X social media account without accessing or tampering with existing passwords. But how? Frax Finance&r...

3 months ago

It follows a public letter from ZK researchers and top industry experts slamming the firm for “oppressive behavior.”

Matter Labs drops ZK trademark applications after industry backlash

Matter Labs, the team behind Ethereum layer-2 scaling solution zkSync, has dropped all attempts to obtain intellectual property rights to trademark the term “ZK” — short for &l...

3 months ago

Linea said it halted the sequencer as a “last resort” action to prevent additional funds from bridging out but intends to decentralize in the near future.

Linea blockchain halt highlights slow decentralization of Ethereum L2s

Ethereum layer-2 blockchain Linea’s decision to halt block production after being hacked highlights the need for layer-2 firms to prioritize decentralization sooner rather than later, says...

3 months ago