Gemini Crisis: Devastating Layoffs And Global Retreat Signal Deeper Industry Turmoil
Key Takeaways IG Group has completed the sale of Small Exchange to Payward, the parent company of crypto exchange Kraken. The acquisition is part of Kraken’s effort to bring onshore the kind of sophisticated derivatives access that has traditionally been available only on offshore platforms. Share this article Kraken has acquired Small Exchange, a CFTC-regulated…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin dipped below the $109K mark on Friday, triggering a minor retreat in the wider digital assets market. Traders watched closely as two large BTC wallets—dormant for years—moved a combined 20,000 BTC, roughly $2.18 billion, in a single session. The flagship crypto…
Several major publicly-traded Bitcoin (BTC) miners from Wall Street have reported decreased production for August, highlighting ongoing challenges in the cryptocurrency mining sector. Wall Street Bitcoin Miners Report Lower August Production Argo Blockchain (NASDAQ: ARBK) reported that it mined 38 Bitcoin in August, down from 48 in July, due to more frequent economic curtailments and…
Vivopower is supercharging its mining fleet and doubling down on XRP reserves, igniting a bold strategy reshaping crypto’s future. Vivopower Expands Mining Power While Locking in XRP-Centric Treasury Plan Vivopower International Plc (Nasdaq: VVPR) disclosed on Sept. 16 that its Caret Digital subsidiary will enlarge its proof-of-work mining fleet after negotiating bulk…
The change of fortunes leaves Gala with an unexpected $23 million windfall in ETH tokens. “We will probably buy and burn on galaswap,” said the project’s CEO Eric Schiermeyer, also known as Benefactor, in its Discord server. That means using the ETH to buy GALA tokens and then taking those tokens out of circulation. Source…
This cycle’s bull market kicked off with several Bitcoin ATHs. With the coming months promising explosive gains, investors have been positioning themselves, aiming to make the most of this wave. Meanwhile, DTX Exchange (DTX), a new DeFi token that intersects with TradFi, has emerged as a top crypto to lead this bull market. Its imminent…