The under $1 billion valuation is a far cry from the $3.2 billion valuation it had received in 2021. Author: Parikshit Mishra
Archives for December 2022
Early Bitcoin Pioneer Ian Freeman Goes to Trial in New Hampshire
CONCORD, New Hampshire — Federal prosecutors say early bitcoin pioneer and Libertarian activist Ian Freeman and a group of his associates helped scammers and other criminals launder more than $10 million using bitcoin through a network of bitcoin vending machines and in-person and virtual cash-for-bitcoin trades from 2016 until their arrests in 2021. Author: Cheyenne […]
Bitcoin Miners Offered Way to Cut Texas Electricity Usage to Help the Grid
The voluntary program to lower power consumption during high demand period, might go live around Jan. 1, 2023. Author: Xinyi Luo
Crypto Bank Silvergate Slides Further After Letter from US Sen. Warren
Senator Elizabeth Warren (D-Mass) and two GOP senators have asked crypto-friendly bank Silvergate (SI) for answers over its supposed role in facilitating transfers between bankrupt exchange FTX and its sister firm Alameda Research, NBC reported Tuesday. Author: Jamie Crawley
Bitcoin’s Stagnant Crypto Dominance Points to Investor Exodus After FTX Bankruptcy
“Because of the size of this year’s scandals and their far-reaching impacts, a lot of investors aren’t moving to BTC because they’re just leaving the space entirely,” one expert said. Author: Omkar Godbole
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