Month: May 2023

Crypto Biz: Ledger halts recovery service, Web3 in Hong Kong, and another CEX goes down

Crypto Biz: Ledger halts recovery service, Web3 in Hong Kong, and another CEX goes down

Crypto Biz: Ledger halts recovery service, Web3 in Hong Kong, and another CEX goes down

Cointelegraph May 27, 2023

This week’s Crypto Biz explores Hotbit’s closure, Hong Kong’s licensing of crypto firms,...

Stargate community proposes removal of Fantom USDC pool to mitigate risks

Stargate community proposes removal of Fantom USDC pool to mitigate risks

Stargate community proposes removal of Fantom USDC pool to mitigate risks

Cointelegraph May 27, 2023

So far, a total of 1.7 million verified members of the Stargate community...

Nigerian crypto company suspends withdrawals after BTC and naira compromise

Nigerian crypto company suspends withdrawals after BTC and naira compromise

Nigerian crypto company suspends withdrawals after BTC and naira compromise

Cointelegraph May 27, 2023

Efforts are underway to recover compromised assets and enhance security measures as users...

Bitcoin holds 200-week average as trader says ‘inflection point’ is here

Bitcoin holds 200-week average as trader says ‘inflection point’ is here

Cointelegraph May 27, 2023

Bitcoin sentiment is overly bearish, some claim, with BTC price protecting a key...

Gemini, Genesis file to dismiss SEC lawsuit against Earn product

Gemini, Genesis file to dismiss SEC lawsuit against Earn product

Gemini, Genesis file to dismiss SEC lawsuit against Earn product

Cointelegraph May 27, 2023

Gemini said the SEC’s lawsuit against its “Earn” product — which offered yields...

Cronos Labs launches second cohort of $100M Web3 accelerator

Cronos Labs launches second cohort of $100M Web3 accelerator

Cronos Labs launches second cohort of $100M Web3 accelerator

Cointelegraph May 26, 2023

On May 15, the chosen projects commenced the 12-week program after being granted...

Bitcoin miner Canaan’s net loss slightly improved in Q1 amid market turbulence

Bitcoin miner Canaan’s net loss slightly improved in Q1 amid market turbulence

Bitcoin miner Canaan’s net loss slightly improved in Q1 amid market turbulence

Cointelegraph May 26, 2023

Diluted net loss per American depositary share in Q1 2023 stood at $0.51,...

A week filled with exploits and uncertainty for DeFi: Finance Redefined

A week filled with exploits and uncertainty for DeFi: Finance Redefined

A week filled with exploits and uncertainty for DeFi: Finance Redefined

Cointelegraph May 26, 2023

DeFi saw another multimillion-dollar rug pull this past week, and the Multichain saga...

Neuralink gets FDA approval for ‘in-human’ trials of its brain-computer interface

Neuralink gets FDA approval for ‘in-human’ trials of its brain-computer interface

Neuralink gets FDA approval for ‘in-human’ trials of its brain-computer interface

Cointelegraph May 26, 2023

The Neuralink device is designed to be surgically implanted and, according to CEO...

Why have Bitcoin and crypto lost 60% of their market cap since their all-time highs?

Why have Bitcoin and crypto lost 60% of their market cap since their all-time highs?

Cointelegraph May 26, 2023

Cointelegraph analyst and writer Marcel Pechman explains why the cryptocurrency market has lost...