Active addresses on XRP are plummeting, but it is not death sentence for cryptocurrency
AI startup Helsing raises $223 million in Series B funding for defense solutions
The company emphasized its commitment to advancing AI technology for the safeguarding of democratic nations.
Citi Joins BondbloX Bond Exchange as First Digital Custodian
Citi Securities Services has become the first digital custodian participant on the BondbloX Bond Exchange (BBX), the world’s first fractional bond exchange. The partnership allows Citi clients to become BBX participants, facilitating the trading of both fractionalized and full-sized bonds. Citi will oversee settlement and custody services. The partnership aims to enhance digital financial market […]
News Explorer — Celsius and Core Scientific Reach $45M Deal Over Mining Rig Shutdown
Coindesk Celsius and Core Scientific Reach $45M Deal Over Mining Rig Shutdown Crypto mining providers Celsius and Core Scientific have reached a tentative $45 million deal to resolve their legal dispute. The settlement, which includes a cash payment of $14 million and the transfer of an 85-acre mining site, must be approved by judges in […]
Polkadot’s Liquid Staking Partnership: A Game-Changer for DOT Holders
A partnership between ZodiaCustody and Paritytech has enabled institutional investors to venture into liquid staking on the Polkadot network. Though the reward rate has been declining, the amount of staked DOT has continued to rise, pointing to an optimistic view from investors. The Polkadot network is enjoying institutional interest owing to its liquid staking offer. […]
Genesis Nixes Global Trading Promptly After Shuttering US Services
Genesis Global Trading, a once dominant player in the cryptocurrency trading arena, has announced the discontinuation of its global trading services. The decision follows the bankruptcy filing of Genesis Global Holdco, a related entity within the same digital-asset conglomerate, earlier this year. Genesis is now liaising with regulatory authorities to ensure a smooth and orderly […]
Celsius, Core Scientific Resolve Acrimonious Mining Dispute With $45M Deal
A crypto mining rig in Washington state (Eliza Gkritsi/CoinDesk) Crypto mining providers Celsius and Core Scientific (CORZ) have reached a tentative $45 million deal to resolve a long-standing legal dispute, according to Thursday court filings. The deal, which involves Celsius paying $14 million in cash and the remainder in adjusted claims, must be approved by […]
Celsius and Core Scientific Reach $45 Million Settlement in Mining Dispute!
The post Celsius and Core Scientific Reach $45 Million Settlement in Mining Dispute! appeared first on Coinpedia Fintech News Crypto mining providers Celsius and Core Scientific have reached a $45 million tentative settlement to resolve a long-standing legal dispute. Celsius will pay $14 million in cash and the rest in adjusted claims. The settlement must […]
Ethereum’s ETHBTC ratio takes a steep dive one year after its historic merge
Quick Take It has been 1 year since the Ethereum merge that led to the burning of over 4 million ETH. This represented a major adjustment to the Ethereum network, effectively reducing the overall circulating supply of the token, thereby theoretically increasing its scarcity. On Sept. 15, 2022, the ETHBTC ratio sat at 0.074 when […]
India, Nigeria and Vietnam Lead in Cryptocurrency Adoption: Chainalysis Report!
The post India, Nigeria and Vietnam Lead in Cryptocurrency Adoption: Chainalysis Report! appeared first on Coinpedia Fintech News A new report by Chainalysis has revealed that India, Nigeria, and Vietnam are among the top three countries with the highest cryptocurrency adoption rates. Interestingly, these countries are all classified as developing nations. The report shows that […]