Crypto news

Arkon Energy – an Australian-based bitcoin mining firm – raised $28 million and acquired Hydrokraft AS (a Norwegian energy-based data center). These will double down on the companyr’s green strategy and aim to increase its mining capacity. Distressed Cycles Could Produce Winners According to a recent document seen by CryptoPotato, the Hydrokraft AS purchase was part of Arkon Energy’s plan to expand its global reach. Both entities use renewable energy to mine bitcoin, ensuring...

Binance – the world’s largest and most powerful digital currency exchange – is pulling back the curtain on a new $500 million crypto mining lending pool so miners and new projects have access to the funds and liquidity they’ll need to extract new units of crypto from the blockchain to be placed in circulation. Binance Is Trying to Help Crypto Miners Known as the “Binance Pool,” those taking part in the project and borrowing funds will have access to loans with terms...

John J. Ray III may have unwounded major corporate failures, but in over four decades of legal and restructuring experience, he claims to have never seen such “unprecedented” management failures as in the case of the bankrupt FTX cryptocurrency exchange under Sam Bankman-Fried’s tenure. In the latest filing to federal bankruptcy court, FTX’s new chief restructuring officer said, “Never in my career have I seen such a complete failure of corporate controls and such a complete...

[PRESS RELEASE – Please Read Disclaimer] The cryptocurrency industry has far outgrown its initial stages from a decade ago when bitcoin was first introduced to the world. The tech behind the world’s first and largest digital asset has become an immense part of numerous industries, such as VoIP services. Today, we will look at a prominent representative of that niche, most notably Northern VoIP Ltd and its tokenenomics. NVL and xNVL Tokens Based in the UK, Northern VoIP offers...

[PRESS RELEASE – Please Read Disclaimer] The cryptocurrency industry has long outgrown its initial phase that came over a decade ago with the launch of the Bitcoin blockchain. There’re countless projects, websites, companies, and everything in between representing the world of digital assets. The largest industry website is CoinMarketCap, owned by the world’s biggest crypto exchange – Binance. Being a site with hundreds of millions of visits per month, it has become the go-to...

The drama behind the now failing digital currency exchange FTX is getting larger, and it’s giving Gary Gensler – the man behind the Securities and Exchange Commission (SEC) an excuse to deepen his involvement. Gary Gensler Wants Higher SEC Involvement FTX was, at one point, one of the largest and most popular digital currency exchanges out there. At only three years old (it was founded in 2019), the company soon rose to the top to become one of the most profitable...

Autor: Karim Jouni, CEO und Gründer von Expensya Die Veränderung herkömmlicher Arbeitsmodelle erfuhr bei Einführung der Gesundheitsschutzmaßnahmen eine rasante Beschleunigung. Wo noch im Jahr 2019 nur 16,1 % der europäischen Arbeitnehmenden regelmäßig oder gelegentlich von zu Hause aus arbeiteten, waren es 2020 bereits bis zu 44 %; ein beachtlicher Anstieg innerhalb eines Jahres. Mit der Entspannung der Gesundheitskrise kann zwar ein leichter Rückgang des Anteils an mobilen Arbeitenden...

EOS price started a fresh decline below the $0.95 support against the US Dollar. The price is now trading below $0.95 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.905 the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $0.90 and $0.95 resistance levels. EOS price is struggling below $0.95 against the US Dollar, similar to bitcoin. The...

Litecoin started a fresh decline from the $65 resistance zone against the US Dollar. LTC price is now trading below $60 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $57 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $60 resistance zone. Litecoin price is struggling below $60 against the US Dollar, similar to bitcoin. LTC price...

FTX is trying to do damage control in the midst of a bankruptcy process that has sent shockwaves throughout the whole crypto industry. In a small Twitter thread, the official account of FTX spoke out regarding their relationship with Sam Bankman-Fried following the bankruptcy. The account attributes the words to John Ray, Chief Restructuring Officer and new CEO of the company following the resignation of Sam Bankman-Fried. (2/3) As previously announced, Mr. Bankman-Fried...