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Core Scientific shuts down 37K mining rigs it was hosting for Celsius

January 4, 2023 by

Core Scientific estimates that canceling the agreement with Celsius will provide $2 million in revenue per month as long as Bitcoin stays around $16,700.

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Ripple CEO optimistic about US ‘regulatory clarity for crypto’

January 3, 2023 by

Support for cryptocurrency regulation in the United States is “bipartisan & bicameral” according to Ripple CEO Brad Garlinghouse.

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Crypto adoption in 2022: What events moved the industry forward?

January 3, 2023 by

While the crypto market in 2022 was hit by a slew of insolvencies and daily volatility, adoption seems to have continued apace on the global level.

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Users need to go under the engine in Web3 — HashEx CEO

January 3, 2023 by

HashEx CEO Dmitry Mishunin summarizes Web3 as read, write, own — a “crazy responsibility” for the end-user.

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US federal agencies release joint statement on crypto asset risks and safe practices

January 3, 2023 by

The Fed, FDIC and OCC teamed up to wish the banks they regulate a FUD-filled new year with a warning about the risks associated with crypto assets and their efforts to contain those risks.

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Cryptosat launches second ‘cryptographically-equipped’ satellite using SpaceX rocket

January 3, 2023 by

The addition to the satellite constellation was part of efforts to make space a “new battleground in the quest for bulletproof cryptography” by expanding computational power.

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The Bahamas lawyers up as the FTX case proceeds in US court and disagreements fester

January 3, 2023 by

Brown Rudnick has worked for the country since March, but the nation’s potentially increasing role in the case requires it to register in the United States as a foreign agent.

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3 reasons why it could be a rocky week for Bitcoin, Ethereum and altcoins

January 3, 2023 by

BTC volatility is at a record low, inflows to spot markets remain muted and this week’s economic calendar suggests that volatility is set to rock the crypto market.

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Sam Bankman-Fried enters not guilty plea for all counts in federal court

January 3, 2023 by

The former FTX CEO faces eight criminal counts in the United States which could result in 115 years in jail should he be convicted.

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Tribulations and triumphs: The biggest surprises in crypto of 2022

January 3, 2023 by

2022 was a challenging year for many crypto companies, but some maintained exemplary performance.

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Blockchain fintech GammaRey signs $320M merger agreement

January 3, 2023 by

GammaRey said it has nearly $800 million in consumer assets.

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The ‘godfather of crypto’ wants to create a privacy-focused CBDC: Here’s how

January 3, 2023 by

David Chaum explained his game plan to create a CBDC that would also be appreciated by the crypto ecosystem in an exclusive interview.

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Bitcoin miners see mixed successes in tackling debt-fueled overexpansion crisis

January 3, 2023 by

Industry players accumulated over $4 billion of debt in the last crypto run-up.

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Sam Bankman-Fried’s legal team warns of ‘harassment and threats’ to parents in latest court filing

January 3, 2023 by

Two unidentified parties are planning to act as sureties for Sam Bankman-Fried’s bail, and his legal team wants to ensure they stay that way.

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Community celebrates Bitcoin Genesis Day by sending BTC to the genesis block

January 3, 2023 by

The wallet address now contains around 68.56 BTC, which is worth around $1.1 million at the time of writing.

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The best (and worst) stories from 3 years of Cointelegraph Magazine

January 3, 2023 by
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Bitcoin teases weekly highs as traders eye BTC price leg up to $17.3K

January 3, 2023 by

Bitcoin has the ability to tackle the $17,000 mark for the first time in 2023 should stocks start the year right, say traders.

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Ukrainian pharmacies enable crypto payments via Binance Pay

January 3, 2023 by

Ukraine continues adopting cryptocurrency payments with the Binance crypto exchange amid the ongoing war with Russia.

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Lightning Network gets physical form in Australia with Bitcoin ATM

January 3, 2023 by

Lightning-enabled Bitcoin ATMs promise to offer instant transaction support and a significant cut in cost from traditional crypto ATMs.

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Tax attorney breaks down the MicroStrategy Bitcoin sale

January 3, 2023 by

MicroStrategy’s recent sale of a portion of its Bitcoin treasury holdings puts cryptocurrency tax-loss harvesting into the spotlight.

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Bitcoin volatility may return in ‘catch up’ with gold in 2023

January 3, 2023 by

Both stocks and gold are leading the way when it comes to new year gains, but can Bitcoin match them?

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Morocco finalized crypto regulatory framework: Central Bank

January 3, 2023 by

The bill, which should be introduced to public discussion in the following days, will legally define crypto in the fast-growing market.

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Su Zhu gets called out by the community as he fires off accusations against DCG

January 3, 2023 by

The 3AC founder fired off allegations against the Digital Currency Group, saying that it conspired with FTX to attack LUNA.

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Bithumb former chair Lee Jung-Hoon acquitted in the first instance

January 3, 2023 by

The former chair was under allegations of $70 million in fraud charges which were said to have occurred during the acquisition of Bithumb.

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Bahamas regulator denies asking crypto exchange FTX to mint new tokens

January 3, 2023 by

Bahamas regulator fights back against being ‘publicly challenged’ by FTX against incorrect calculations of digital assets transferred under its control

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Erik Voorhees tips $40K BTC by June, but little consensus among pundits

January 3, 2023 by

ShapeShift CEO Erik Voorhees expects Bitcoin to reach $40,000 by the summer, while Tim Draper has stood by his $250,000 prediction for the second year running.

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Ethereum transactions 338% higher in 2022 but Bitcoin remains most popular

January 3, 2023 by

Total transactions on the Ethereum network outstripped Bitcoin more than four-fold, but Bitcoin was still the most searched cryptocurrency of 2022.

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Public filings reveal a $3B crypto trader who still lives with his mom

January 3, 2023 by

While living at his parent’s house in Sydney, Australia, this crypto trader took home over $7 million in profits in 2021, according to public records.

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No ‘respite’ for exploits, flash loans or exit scams in 2023: Cybersecurity firm

January 3, 2023 by

The industry is likely to see “further attempts from hackers targeting bridges in 2023,” while users are urged to be warier of their private keys.

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Crypto technology will shift towards ‘steadier hands’ in 2023: Circle CSO

January 3, 2023 by

Turmoil in the crypto sector in 2022 will see the tech change hands to “more regulated and established institutions,” said Circle’s chief strategy officer.

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