On Monday, the Office of Assets Control (OFAC) added cryptocurrency-mixing service, Tornado Cash, to its Specially Designated Nationals (SDN) list, effectively banning all Americans from using it. Any American citizen who interacts with the protocol and any of its Ethereum wallet addresses may face criminal penalties.  This move came after

The United Arab Emirates (UAE) continues down the path of doing its best to become a Bitcoin haven. The largest discount store in the country has announced that they will accept Bitcoin as payment in both its online and physical stores. The Khaleej Times hailed the move as a “next

Volatility within the markets is still causing strain among cryptocurrency lenders and borrowing platforms like Hodlnaut. The Singapore-based company recently announced that all withdrawals, swaps, and deposits are currently suspended until further notice. Hodlnaut was founded in 2019 and claims to have over $250 million in assets under management along

Hackers exposed yet another weakness in the DeFi space as they drained almost $200 million in cryptocurrency from a token bridge called Nomad. Nomad commented on the exploit in a Tweet late Monday and said that they are aware of the incident and are currently investigating. Nomad has also not

Investview is a financial technology company with diversified investments in education tools, content, research, and management of digital asset technologies. This includes a primary focus on Bitcoin mining. Investview will expand its mining operation through its SAFETek subsidiary where it “has entered a transaction to expand its Bitcoin mining farm

Hut 8 Mining Corp. is one of North America's largest digital asset mining companies that provides high performance computing infrastructure at a commercial scale. The company announced that it increased its Bitcoin holdings by 330 BTC during the month of July. Hut 8 July Highlights * A total of

BlackRock, an asset manager with more than $10 trillion assets under management (AUM), announced on August 4th, 2022 that it is partnering with Coinbase to facilitate Bitcoin trading services for its clients. In a post shared by Coinbase, the company announced that Coinbase Prime, an institutional brokerage platform with more

CleanSpark, Inc., a sustainable Bitcoin mining and energy technology company, has released its monthly Bitcoin mining update for July. Released on August 3rd, 2022, the unaudited Bitcoin mining and operations update also contains the company’s performance for the period between January 1st, 2022, and July 31st, 2022.  Bitcoin Mining