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Record bitcoin reduction of 20,803 in 24 hours wipes out $867 million held in Grayscale’s GBTC

Benito Cormi2 years ago2 min read

Grayscale’s GBTC Bitcoin Holdings Show Significant Reduction According to recent data, Grayscale’s GBTC spot bitcoin exchange-traded fund has experienced a substantial withdrawal of 20,803.83 bitcoin, valued…

Axiom Raises $20 Million in Successful Series A Funding Round

Benito Cormi2 years ago3 min read

Axiom Raises $20 Million in Series A Funding to Improve Smart Contract Data Access Axiom, a smart contract infrastructure firm, has secured $20 million in a…

Estonian Government Gives Green Light for Extradition of Accused Crypto-Fraud Duo to the US Once More

Benito Cormi2 years ago2 min read

Extradition Approval for Alleged Masterminds of Hashflare Ponzi Scheme The Estonian government has given its approval for the extradition of Ivan Turogin and Sergei Potapenko, the…

Potential Doubling of Energy Consumption in 2026 due to Cryptocurrency, AI, and Data Centers

Benito Cormi2 years ago2 min read

The Anticipated Growth in Energy Consumption from Crypto, AI, and Traditional Data Centers As per the International Energy Agency (IEA), the energy consumption from traditional data…

Lawyer Mark Scott Convicted of Money Laundering in Onecoin Case Receives 10-Year Sentence

Benito Cormi2 years ago3 min read

Lawyer Mark Scott Sentenced to 10 Years in Onecoin Fraud Case Mark Scott, a lawyer linked to the notorious Onecoin cryptocurrency scam, has been given a…

Responding to Strong Public Interest, Bank of England and HM Treasury Address Digital Pound Consultation

Benito Cormi2 years ago3 min read

Bank of England and HM Treasury Address Public Concerns on Digital Pound The Bank of England and HM Treasury have responded to the public consultation on…

Survey Reveals Dissatisfaction Amongst ECB Staff Regarding Leadership of Christine Lagarde

Benito Cormi2 years ago3 min read

Widespread Disatisfaction with Christine Lagarde’s Leadership, Survey Finds A recent survey conducted by the International and European Public Services Organisation (IPSO), a union founded by European…

Postponement by SEC on Decisions for Ethereum ETF

Benito Cormi2 years ago2 min read

SEC Delays Decisions on Spot Ethereum ETFs The U.S. Securities and Exchange Commission (SEC) has recently delayed its decisions on spot ethereum exchange-traded funds (ETFs) proposed…

Rising Popularity of Cryptocurrencies in China Amidst Sluggish National Stock Market

Benito Cormi2 years ago2 min read

Chinese Investors Flock to Cryptocurrency for Profitability Despite the ban on cryptocurrency in China, Chinese investors are increasingly turning to exchanges such as Binance and Okx,…

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