Illegal crypto mining continues to grow in many Russian regions, with many energy-poor areas continuing to suffer energy shortages despite recent bans, new data shows. Per the Russian media outlets BFM and RBC, the problem is particularly acute in Irkutsk…
The majority of FTX creditors (79%) intend to reinvest their repayments in cryptocurrencies, showing continued optimism despite the exchange’s almost $9 billion collapse in 2022. There are results of the survey conducted on Feb. 19 by NFTevening in partnership with…
Pi Network’s native cryptocurrency, PI, experienced a sharp decline of over 65% following the long-awaited launch of its mainnet, dubbed the “Open Network.” The announcement, made on February 20, signaled the platform’s transition to broader accessibility, allowing users to engage…
Rapper and designer Ye, formerly known as Kanye West, is reportedly preparing to launch his own meme coin token, $YZY, in an attempt to create a censorship-resistant financial ecosystem for his brand. The controversial artist, who has been banned from…
French banking giant Societe Generale’s crypto subsidiary Societe Generale-FORGE (SG-FORGE) has launched its MiCA-compliant EUR-backed stablecoin EUR CoinVertible (EURCV) on the Stellar network. The stablecoin is backed by Euros and issued on the Ethereum public blockchain. It’s also one of…
Altvest CEO Warren Wheatley confirmed the company’s initial Bitcoin purchase, amounting to a small fraction of one BTC, valued at approximately $98,000. Altvest Seeks Regulatory Approval to List Bitcoin-Linked Equity Instruments Wheatley noted that the firm has applied to local…
Litecoin’s network activity has skyrocketed, with daily transaction volumes reaching $9.6 billion, fueled by mounting excitement over potential U.S.-listed Litecoin exchange-traded funds (ETFs). According to a February 21 report from on-chain analytics platform Santiment, this surge in network utility has…
A crypto scandal continues to rock Argentina as blockchain researchers found that digital assets worth about $99m were withdrawn from the controversial Libra token’s liquidity pool. Eight wallets linked to the token’s creator withdrew the funds, Reuters reported Thursday, citing…
Ross Ulbricht, the recently pardoned founder of the Silk Road marketplace, is publicly advocating for clemency for Roger Ver, known in the crypto community as “Bitcoin Jesus. Ver faces serious legal troubles, including charges of tax evasion that could result…
Crypto fund manager Canary Capital’s spot Litecoin exchange-traded fund (ETF) has been added to the Depository Trust and Clearing Corporation (DTCC) ETF list. The listing under the ticker LTCC appeared on its official website, late Thursday. The investment firm filed…