2023-2-10 19:30 |
The Toronto-based Bitcoin mining company has reduced its debt by nearly 85% since June 2022.
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Core Scientific has filed for Chapter 11 bankruptcy protection in Texas due to to reduced Bitcoin mining profits and increasing costs. The post Bitcoin Mining Company Core Scientific Succumbs to Crypto Winter, Files for Bankruptcy appeared first on BeInCrypto.
2022-12-21 12:15 | |
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Circle, the parent company of USDC, which is the second largest stablecoin in terms of market capitalization, reduced its stablecoins supply by 10%. Will the reduction in the supply have a negative imThe post USDC running in 'Circle's: Is the stablecoin losing out on its top spot appeared first on AMBCrypto.
2022-9-27 14:30 | |
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Gemini has conducted another round of layoffs, according to a TechCrunch report. The company has reduced its workforce by an additional 7% as the effects of crypto winter continue to hit. The post Gemini Crypto Exchange Cuts More Staff in Second Round of Layoffs appeared first on BeInCrypto.
2022-7-19 10:17 | |
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The company’s headcount will be reduced by roughly 150 employees
2022-6-27 09:05 | |
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SIMBA Chain , the technology company that eliminated the complexities of blockchain app development and reduced energy usage, thus opening the door to a world of...
2021-9-4 15:30 | |
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The price of cryptocurrencies has started to rebound. Yesterday Ether led the market upwards, going to nearly $400 level thanks to Grayscale Ethereum product ETHE becoming an SEC reporting company that reduced its investors holding period in half to six months.
2020-10-13 21:32 | |
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Ripple’s latest XRP Markets Report shows the company has drastically reduced its sales of XRP over the latest quarter. Ripple Releases Quarterly Report Over the first quarter of 2020, Ripple only...The post Ripple Drastically Reduces XRP Sales in Latest Quarter appeared first on Crypto Briefing.
2020-5-2 20:37 | |
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Ripple, who notoriously own a large portion of XRP, have reduced their sales of the token significantly, the lowest sales in any previous quarter Ripple’s sale of its XRP holdings is an activity that has happened regularly since the company escrowed billions of coins in 2017 to make the XRP supply more tightly controlled and more info… The post Ripple to Reduce its Sales of XRP as Prices Rise appeared first on Coinjournal.
2020-5-2 18:42 | |
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EOS network’s inflation was voted to be reduced by 80%, announced Brendan Blumer, CEO of Block. One, the company behind EOS on Feb 25. With this cut-down, its inflation rate has gone down from 5% to 1%.
2020-2-26 17:03 | |
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Algorand (ALGO) is the worst-performing major crypto of the year, having dropped more than 90 percent since January 2019. The company’s token sales and ambitious decentralization goals drastically reduced the community’s confidence in the project, as many criticized its overvalued market capitalization.
2019-12-11 18:26 | |
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Crypto exchange Bittrex introduces new volume-based fee schedule - CryptoNinjas Bittrex, the popular cryptocurrency exchange company, has announced a new commission schedule with volume-based market fees for both Bittrex.
2019-9-20 00:18 | |
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Huawei today announced the latest update to its truly wireless earbuds game. The Huawei Freebuds 3 are the company’s latest salvo in an already crowded marketplace. It hopes to distinguish itself from its rivals with reduced call latency, as well as improved charging performance, and the introduction of active noise cancellation (ANC).
2019-9-6 12:04 | |
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At its E3 briefing today, Microsoft announced Project Scarlett, the working name for its next-generation Xbox game console – and it sounds like it’s going to be a real powerhouse. I don’t mean to use that term lightly – if Microsoft is to be believed, this machine should see you enjoying a top-notch gaming experience several years into the future.
2019-6-10 08:20 | |
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The purpose of this infographic is to visualize the size of large cryptocurrency hacks that have occurred in the past as if they all happened today. The hacks included in this infographic extend beyond exchanges, as there were other large entities that experienced cryptocurrency hacks, such as marketplaces like Silk Road 2.
2019-5-25 21:56 | |
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DECENT has announced the first significant update to its wallet since its introduction. The most notable features in the upgrade include reduced transaction fees, support for custom token payments, account creation using mobile devices, UI improvements, bug fixes, and so on.
2019-5-16 06:26 | |
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Attorneys for Tether and Bitfinex are hoping to get the former access to its reserves amid a legal dispute with New York Office of the Attorney General (NYOAG). In a letter sent to the New York County Supreme Court, attorneys representing iFinex (the parent organization of Bitfinex) and Tether took issue with the restrictions that had been placed on Tether's transactions with related parties as part of an ongoing case against them, stating that the NYOAG had no basis for disallowing tether (USDT) holders and other affiliated entities from redeeming their tokens.
2019-5-16 18:51 | |
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Overstock Suffers 17% Revenue Loss In Q1 2019 As Sales Reduces While the cryptocurrency market is in a struggle to recover from the loss in 2018, Overstock, a major online retailer has reported significant revenue loss due to reduced sales.
2019-5-9 22:19 | |
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Crypto mining malware has reduced drastically along side crypto prices, but this is not due to the bear market. New studies state that occurrences of browser hijack are less likely to occur now that a major crypto menace has been put offline.
2019-4-28 20:15 | |
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By CCN. com: Facebook’s annus horribilis looks like it will continue unabated, with the social media giant likely to experience its first quarterly drop in earnings since 2015. Despite recording a $3bn turnover increase, analysts expect the company to report a profit reduction from $5 billion in Q1 2018 to $4.
2019-4-23 11:35 | |
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Bithumb, which was hacked last month and later asked users to be careful about deposits, has reported a $180 million (205 billion Korean won) loss. The exchange suffers from reduced actual volume and a bear market in cryptocurrencies, according to the Korea Times.
2019-4-11 14:07 | |
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Cryptomining manufacturer Bitmain has revealed the release date for its next-generation Antminer S17 series. The S17 set of miners includes the Antminer S17 Pro, Antminer S17 and the Antminer T17.
2019-3-30 23:28 | |
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Crypnode is an innovative company that provides its customers with the opportunity to benefit from the masternode model without the complexities that are involved with masternodes. Compared to the traditional cryptocurrency mining, masternodes have numerous benefits such as reduced electricity costs, higher returns, and infinite growth possibilities.
2019-3-2 22:47 | |
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CryptoNinjas UK bitcoin exchange Coinfloor announced today, that with their recent sale of CoinfloorEX, the company will now be re-focusing on its core GBP and EUR bitcoin exchange offering and customer base.
2019-1-24 04:18 | |
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The “crypto winter” is far from over and cryptocurrency exchange ShapeShift is the latest to fall victim to its harsh ways. In a blog post published yesterday evening, ShapeShift CEO Erik Voorhees announced that he has had to “let 37 employees go.
2019-1-9 13:04 | |
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The Numeraire token (NMR), launched in 2017, wants to reduce its supply in order to become more decentralized. The information was released by Richard Craib during an interview with CoinDesk. The maximum supply of the token will be reduced from 21 million to 11 million. At the same time, the company will be throwing away […]
2018-12-8 08:25 | |
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Global private capital platform CapBridge Pte. Ltd. has garnered a license from the Monetary Authority of Singapore (MAS) to operate a security exchange known as 1exchange (also called 1X), which became operational on November 21, 2018.
2018-11-24 21:31 | |
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In a bid to lower the barriers to mainstream adoption of blockchain technology, professional services giant Ernst & Young (EY) has launched a solution that it claims will allow companies to transact privately on Ethereum’s blockchain using zero-knowledge proof (ZKP).
2018-11-1 22:33 | |
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Popular cryptocurrency exchange Coinbase has raised a fresh $300 million in a Series E financing round, bringing the company valuation to $8 billion. Coinbase plans to use the funding to "accelerate the adoption of cryptocurrencies," as it plans to remain the "entry-point into crypto" for millions of investors, according to a published blog post.
2018-10-31 20:51 | |
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The use of digital currency in payments for goods and services has hit various hurdles as was seen with LitePay closing as did FuzeX recently delaying the launch of their highly anticipated debit cards.
2018-10-12 23:00 | |
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In an effort to stimulate the wider adoption of cryptocurrency and blockchain tech, social trading platform eToro is making it significantly cheaper to invest in crypto-assets. The global company, which already boasts more than 10 million users, has reduced fees for spread trades on its platform by more than half for a number of assets, including Bitcoin.
2018-10-11 11:04 | |
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Financial savings have long been the foundation of wealth and asset building. However, we are now in a time when the growing obsolescence of financial institutions has forced certain technologies out of date, created high fees, revealed structural inefficiencies and, ultimately, meant that some standard investment solutions now fail to place consumer needs first.
2018-10-6 16:37 | |
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A software error has caused Subaru to completely dispose of 293 of its Ascent 2019 SUVs. According to a safety recall report filed with National Highway Traffic Safety Administration (NHTSA), robots at missed critical welds, thanks to improper coding.
2018-9-24 09:22 | |
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Industry buzz surrounded Ethereum this week as community members await the next stage of the coin’s development. The protocol also served as the jumping-off point for a new fully regulated stablecoin.
2018-9-16 18:41 | |
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The filing alleges that FTX was already insolvent and the FTT tokens used in a share repurchase transaction were worthless, and therefore the transfer should be classed as fraudulent.
The costly meltdown of global exchange FTX is still settling big chunks of its bankruptcy drama, now securing about $228 million from Bybit to further feed the cash dispersal that was approved in court earlier this month.
Bankrupt cryptocurrency exchange FTX has proposed a new reorganization plan that would see a whopping 98% of its creditors get back 118% of their claims – in cash – within 60 days of court approval, according to new documents filed Tuesday evening.
AI firm Anthropic has blocked Saudi Arabia from engaging in the sale process of 8% of its shares — currently owned by defunct crypto exchange FTX, CNBC reported on March 22, citing people familiar with the matter.
John J. Ray III Fires Back Against SBF’s ‘Delusional’ Claims Customers Lost No Money in FTX Collapse
London-based investment firm Attestor Capital, a top holder of FTX bankruptcy claims, has filed suit against a FTX creditor who allegedly promised to sell the firm two FTX accounts, only to back out of the deal once the value of its claims skyrocketed.
Gemini told the New York Department of Financial Services it would return at least $1.1 billion to its Earn customers after Genesis Global Capital wraps up its bankruptcy process, according to NYDFS.
