Blogs and more
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CoinCodeCap WeekInFocus: November 12, 2023
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it...
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These Bitcoin Miners Sold More BTC Than They Produced in October: Data
For the first time in three months, the top 13 publicly traded crypto mining companies have sold more bitcoins (BTC) than they produced....
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Former FTX Executives Join Hands to Build New Crypto Exchange
Key Takeaways Operating under Trek Labs, the startup received a crypto services license in October Backpack Exchange is set...
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$174,303,000,000 in Deposit Flight Hits US Banks in Three Months As S&P Global Declares Banking Industry Is ‘Gradually Shrinking’
New numbers are shedding light on the multi billion-dollar flow of capital out of the US banking system. In a new report, S&P Global says...
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$120,000 Exits Citibank Account in Mysterious Scam – And Bank Tells Customer to Get a Lawyer
A resident of Skokie, Illinois is suing banking giant Citibank on behalf of his disabled sister over the sudden disappearance of $120,000....
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Hackers Hit World’s Largest Bank, Forcing Financial Giant to Rely on USB Stick to Settle Trades: Report
Engineers are investigating how hackers managed to crack the New York arm of the Industrial & Commercial Bank of China (ICBC) – a financial...
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Solana Priced at $328? Grayscale SOL Shares Soar
Solana’s price is flying high again on crypto exchanges. However, regulated investors value SOL tokens at an astounding premium in Grayscale...
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Cash Flow Into Bitcoin Investment Products Suggests Institutions Are Betting on a BTC Rally: Meltem Demirors
Meltem Demirors, the chief strategy officer (CSO) at digital asset manager CoinShares, says that institutional investors appear to be betting on...
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Crypto Is Back in a Bull Market – But Not in The Way You Think
Crypto returned to the limelight of financial markets in 2023 – but for a reason less flattering than skyrocketing crypto prices. A new report...
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Nearly 50 Jurisdictions Partner To Enable Automatic Info Exchange Between Crypto Trading Firms and Tax Agencies
Nearly 50 nations including the US are collaborating to enable automatic information exchange between crypto trading firms and tax agencies. In...
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Crypto Taxation Misses the Mark: India Loses $420 Million in Potential Revenue Due to 1% TDS
The Indian government has lost $420 million in what could have been a substantial revenue stream as a result of its taxation, forcing traders to...
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Web3 Watch: Friend.tech sign-ups falter
This article is part of Blockworks’ Web3 Watch, a weekly roundup of the highlights and lowlights from the culture side of crypto. Friend.tech...
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Indian Supreme Court Denies Petition for Crypto Trading Regulations
Key takeaways: A PIL that sought to create rules and a set of principles for cryptocurrency trading in India was denied consideration...
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Trader Says Mini Altcoin Season Is On, Names Targets for Solana and One Crypto Asset That’s Up 110% in a Month
A popular crypto analyst is saying that a small altcoin season has arrived as several digital assets come alive. Pseudonymous trader Altcoin...
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Everlodge (ELDG) on the Rise: Can it Compete with Solana (SOL) and Cardano (ADA)?
The cryptocurrency market is a dynamic space where new projects frequently emerge to challenge established heavyweights like Solana (SOL) and...