News and Articles by Anahit

Robert Kiyosaki, the author of "Rich Dad Poor Dad," says it’s the time to join the crypto space as the biggest economic crash in history is expected. He told “Rich Dad Community” mailing list subscribers that we're going to see a catastrophic market collapse, and we need to buy...

A South Korean court released an arrest warrant against Terraform Labs co-founder Do Kwon, according to the Financial Crimes Unit of the Supreme Prosecutors Office. Bloomberg published a report citing an official message, which reveals the warrant included five other individuals who are accused of...

Data reveals that Bitcoin mining difficulty reached a record all-time high hitting 32.05 trillion hashes. This means that miners need to perform more than 32 T hashes to solve a mathematical puzzle and add a new block to the blockchain. After the previous estimation, the difficulty increased by...

Bahrain's Central Bank intends to release a Bitcoin payment implementation and payout solution in collaboration with the Bitcoin payment processor OpenNode. Today, OpenNode released a statement saying that it intends to provide the infrastructure to help Bahrain to grow its economy and develop...

Leading financial services provider Fidelity considers offering Bitcoin trading services to its retail customers. According to a release by Wall Street Journal, the institution with over 34 M brokerage accounts is looking into ways to enable retail investors to trade BTC on its brokerage platform....

Crypto exchange platform Huobi revealed it will remove seven privacy-focused cryptos next week. The decision is connected with the recent regulations and raised concerns about the assets. Huobi released an announcement that says they strictly comply with the regulations of every jurisdiction. The...

Algorand Foundation, the organization standing behind the development of the Algorand blockchain protocol revealed having a $35 M USDC exposure to the cryptocurrency lending and borrowing platform Hodlnaut. In early August, Hodlnaut suspended withdrawals. In a publication, Algorand informed that...

A Bitcoin transactions application based on XRP Ledger, SpendTheBits, is a competitor of Lightning Network. SpendTheBits allows spending and receiving Bitcoins instantly. Currently, the application is available in Canada, and it's expected to be launched in El Salvador soon. XRP is used to activate...

A group of US Senate democrats wrote a letter to Meta CEO Mark Zuckerberg asking him about measures the social media companies led by him take to prevent crypto-related scams. Washington Post reports that Senators raised questions concerning crypto fraud stating that they are commonly seen on...

Business intelligence firm MicroStrategy intends to buy more Bitcoins by selling up to $500 M of stock. According to an SEC filing, the company's stock offering serves general corporate purposes, including Bitcoin purchases. The company's class A shares are listed on The Nasdaq Global Select Market...

The venture capital fund of the crypto exchange FTX agreed to acquire 30% of New York-based investment manager SkyBridge Capital. The sum of the deal is unknown, however, SkyBridge announced they plan to use some part of the investment to buy cryptocurrencies worth $40 M and then as a long-term...

The US Securities and Exchange Commission’s Chair says operators that implement transactions with crypto assets need to register with regulators similar to other markets. Gary Gensler finds that these operators execute various services supervised by the SEC, like exchange, brokerage, custodian,...

The White House released a report exploring the challenges and opportunities of cryptocurrencies for energy and climate change problems in the US. According to the report, the use of digital assets based on distributed ledger technology is growing. The White House says as an emerging tech...

Pantera Capital founder and CEO Dan Morehead predicts that the next Bitcoin bull market is near. In a recent interview, the executive said he believes that blockchain can easily decouple from the risk-off and risk-on mentality in years. He added this even if the main markets like equities, bonds,...

Bankrupt cryptocurrency lender Voyager Digital announced they are going to auction off the rest of the assets on Sept. 13 amid the implementation of the restructuring plan. Voyager filed for bankruptcy in July. In a hearing presentation, the company said lots of bids were submitted. At the end of...

Blockchain protocol Avalanche saw a flash loan attack of $371,000 worth of USDC stablecoins. According to blockchain security company Certik, the hack possibly impacted lending protocol Nereus, decentralized trading Trader Joe, and automated market maker Curve Finance. Later, Nereus Finance...

Cryptocurrency hedge fund Three Arrows Capital withdrew $45 M from deposits it staked on DeFi platforms Curve, and Convex earlier. According to the blockchain analytics platform Nansen, a wallet that belongs to the company removed around 20,945 staked Eth worth around $33.3 M from Curve. Also, the...

Swiss Bank SEBA has launched Ethereum staking services for institutional clients before the expected Merge event, scheduled for this month. The offering allows users of the bank to receive rewards on their holdings on a monthly basis. According to the statement, variable lock-up intervals will be...