bankruptcies – DIGIT INFO

Blockchain.com Shutters Asset Management Subsidiary Amid Crypto Winter and Industry Turmoil

DIGIT — Sat, 11 Mar 2023 05:30:32 +0000

According to reports and a filing that shows its name struck off the U.K. companies’ register list, Blockchain.com is sunsetting its Blockchain.com Asset Management subsidiary. A company spokesperson cited deteriorating “macroeconomic conditions” and the “crypto winter” as some of the reasons for halting the institutional business. The Impact of Crypto Winter on the Cryptocurrency Industry […]

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Report Claims Visa and Mastercard Plan to Pause New Partnerships, Visa’s Head of Crypto Insists ‘Story Is Inaccurate’

DIGIT — Tue, 28 Feb 2023 19:00:21 +0000

According to a recent report from sources familiar with the matter, Mastercard and Visa, the credit card and payment services giants, are halting new partnerships with cryptocurrency firms. This news comes after the collapse of several cryptocurrency ventures that offered crypto debit cards and failed due to financial difficulties last year. After the report published, […]

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Experts Predict Future Regulation of Crypto Exchanges by 2025, With Split Opinion on Similarity to Traditional Finance

DIGIT — Sat, 04 Feb 2023 00:15:04 +0000

Following finder.com’s reports on bitcoin and ethereum predictions, the product comparison site polled 56 specialists in the fintech and cryptocurrency industry to gauge their thoughts on future regulation of crypto exchanges. The experts predict that virtual currency trading platforms will be regulated, but not until 2025 or 2030. When regulation does occur, 76% of Finder’s […]

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Market Strategist Warns of ‘Blood’ on February 1 Ahead of Fed Meeting

DIGIT — Mon, 30 Jan 2023 00:49:47 +0000

Stocks, precious metals, and cryptocurrencies rallied during the first month of the year, and market strategists are saying that markets could retract in the near future if the U.S. Federal Reserve keeps hiking rates and maintaining a broader tightening policy. In three days, on Feb. 1, 2023, the Federal Open Market Committee (FOMC) is set […]

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Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Million in 30 Days

DIGIT — Tue, 17 Jan 2023 20:30:19 +0000

Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar. The market capitalization of the smart contract platform token economy has swelled by $78 million over the last 30 days, increasing from $243 billion to the current $321 billion. Furthermore, the total value […]

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Bitcoin’s Hashrate Remains Stronger Than Ever in the Face of Crypto Winter Prices and Sky High Difficulty

DIGIT — Sat, 22 Oct 2022 02:00:20 +0000

Despite the fact that bitcoin miners are getting bare minimums in profits per petahash per second (PH/s), and the myriad of headlines showing specific mining operations folding from the crypto winter, the network’s total hashrate continues to chug along at close to 300 exahash per second (EH/s). With lower bitcoin prices and the mining difficulty […]

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Since 2014, Roughly 42% of Failed Crypto Exchanges Have Disappeared Without a Trace for No Apparent Reason

DIGIT — Mon, 25 Jul 2022 16:30:55 +0000

Just recently, coinjournal.net published a report that shows the number of cryptocurrency exchanges that have failed during the last eight years. Interestingly, the researcher’s data shows that 42% of failed crypto asset trading platforms disappeared without a trace, giving users no explanation as to why the exchange shut down. During the Past 8 Years, Research […]

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Traders Withdraw $3.6 Billion in Ethereum From Crypto Exchanges in 17 Days

DIGIT — Sat, 23 Jul 2022 19:30:48 +0000

The pencilled-in preliminary date for The Merge, revealed by the Ethereum developer Superphiz, is less than two months away and the announcement seemingly caused a number of developments to happen. First off, the network’s native token ether saw a significant spike in value and secondly, Ethereum’s hashrate has dropped 18.21% since June 30. Data also […]

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Mining Closures Reveal Recurring Bitcoin Bear Market Trend

DIGIT — Fri, 18 Jan 2019 06:35:23 +0000

Another bitcoin miner this week shut down its operations, though the news didn’t come as much of a shock. The latest closure, of U.S.-based Giga Watt which went bankrupt last year, follows a trend among large mining operations that stretches back years. Also read: No Reason to ‘Bury’ Cryptocurrencies, Russian PM Medvedev Says Bankruptcy to […]

The post Mining Closures Reveal Recurring Bitcoin Bear Market Trend appeared first on Bitcoin News.

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Wendy McElroy: Interview With Jeffrey Tucker on All Things Crypto, Part Two

DIGIT — Sat, 12 Jan 2019 16:00:15 +0000

Interview with Jeffrey Tucker on All Things Crypto, Part Two Conducted by Wendy McElroy The multi-faceted Jeffrey Tucker is an American writer who focuses on market freedom, anarcho-capitalism, and cryptotech. He is the author of eight books on economics, politics, and culture, a much-sought after conference speaker, and an Internet entrepreneur. Jeffrey is editorial director […]

The post Wendy McElroy: Interview With Jeffrey Tucker on All Things Crypto, Part Two appeared first on Bitcoin News.

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