Key Takeaways Marathon Digital, a prominent Bitcoin miner, experienced a surge in revenues in 2023, marking a significant shift to profitability. However, the company’s stock witnessed a decline following the release of its fourth-quarter revenue report. According to FactSet data,…
Key Takeaways Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, has struck a major deal to reimburse over $1.1 billion to its Earn customers through the bankruptcy proceedings of Genesis Global Capital. This agreement follows Genesis’ default on…
Key Takeaways In a significant turn of events, the legal counsel for former FTX CEO Sam Bankman-Fried has taken action in his ongoing legal battle. Filed in the United States District Court in Manhattan, a memo requests a prison sentence…
Key Takeaways The world of crypto risk management is undergoing dynamic changes, with recent developments signaling a seismic shift in the landscape. Gauntlet, a renowned player in the field, has made waves by announcing its collaboration with Morpho, a competing…
Key Takeaways Spain’s financial regulatory authority, the National Securities Market Commission (CNMV), has recently issued a warning to investors about 18 companies operating in the country without proper licensing. Among them are several cryptocurrency companies such as Bitbinx, Crytomerge, and…
Key Takeaways The hacker responsible for the 2023 decentralised exchange (DEX) KyberSwap’s exploit has resumed activity, moving significant amounts of digital assets across different blockchains. Blockchain analytics firm PeckShield has reported notable movements from the hacker’s wallet address, indicating transfers…
Key Takeaways On Monday, February 26, MicroStrategy, a prominent business intelligence firm recognized for its substantial holdings in Bitcoin, found itself embroiled in a cybersecurity incident. The company’s official social media account, known as X, was compromised by hackers, who…
Key Takeaways Riot Platforms, a major player in Bitcoin mining, revealed impressive financial performance for the fiscal year 2023. The company’s annual report for the year 2023 indicates a substantial 8% increase in total revenue compared to the previous year,…
Key Takeaways Delaware Bankruptcy Court Judge John Dorsey has given the green light for the FTX bankruptcy estate to proceed with the sale of its stake in artificial intelligence (AI) startup Anthropic, as per court filings from Thursday. The ruling,…
Key Takeaways In a recent turn of events, Jeff “Jihoz” Zirlin, one of the founders of Axie Infinity, faced a major security breach involving two of his personal Ethereum accounts on the Ronin network. The breach resulted in a substantial…
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