Someone familiar with the situation stated that the cost was below the $250 million that was spent on acquiring the custody firm Metaco back in May.
Thodex, once among Turkey's leading cryptocurrency exchanges, abruptly ceased operations in April 2021, coinciding with the disappearance of its founder, Özer.
Sen. Bill Hagerty, a member of the Senate Banking Committee from the Republican party, advocates for a more comprehensive examination of the relationship between the securities regulator and the digital assets sector.
But the most important tip for surviving the crypto backlash is very simple: stick around. The sharply cyclical nature of crypto is its biggest annoyance and opportunity because it provides new entry points for the committed while regularly washing out the dilettantes.
The CEO of Crypto.com has announced revisions to the company's controversial plan to cut cashback and staking rewards. Today marks the second time that the company has announced updates to the plan.
Nowhere has there been more unhappiness than in the games community, where clashes over crypto have increasingly erupted between users and major game studios like Ubisoft, Square Enix and Zynga. In many of the encounters, the gamers have prevailed-at least for now.
For more than a year, crypto mania has been at a fever pitch. Cryptocurrencies such as Bitcoin and Ethereum have soared in value. Crypto-based assets like NFTs have taken off. Jack Dorsey, a Twitter founder, recently renamed one of his companies Block in honor of the blockchain, the distributed ledger system that powers digital currencies.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers ...
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FBI Atlanta is trying to identify all victims in a case involving two cryptocurrency-based investment scams, allegedly led by Atlanta ...