Is Web3 More than Just a Buzzword?

[ad_1] It wasn’t long ago that crypto was referred to as just that: crypto. For those wanting a more technical-sounding slant, there was a broader phrase: blockchain technology. And, prior to all this, there was simply, in the very early era, Bitcoin. If you follow crypto developments nowadays, though,...
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Stablecoin Issuer Paxos Faces NYDFS Probe

[ad_1] Paxos Trust Co., the issuer of Binance’s stablecoin, is facing an investigation by the New York State Department of Financial Services (NYDFS), one of the most stringent state regulators in the United States, Bloomberg reported. There is no official confirmation on the investigation either from the regulator or...
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BTC miner CleanSpark on the hunt for further crypto miner fire sales

[ad_1] Bitcoin (BTC) mining firm CleanSpark is planning to continue its strategy of scooping up distressed mining company assets this year.  The Bitcoin miner released its fiscal Q1 earnings presentation on Feb. 9, where the company said it remained optimistic about the coming year and continued growth. Chief Financial...
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GPU Mining vs. CPU Mining: Which is Better?

[ad_1] Crypto Mining is one of several methods for creating new digital coins. To do so, miners would need to use various processing units to solve complex puzzles known as hashes, validate cryptocurrency transactions on a blockchain network, and add them to the distributed ledger. Miners who successfully solve...
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Payments provider Affirm to sunset crypto program after 19% staff cut

[ad_1] Max Levchin, the CEO of buy-now-pay-later company Affirm, has confirmed that they will be shutting down their “Affirm Crypto Program” amid dampening consumer spending and a changing macroeconomic environment. The CEO released a letter to shareholders on Feb. 8 alongside a 19% staff cut. He cited uncertain macroeconomic...
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Why the NFTs Market Still Matters

[ad_1] Non-fungible Tokens (NFTs) are a new and rapidly growing market in the cryptocurrency and digital art worlds. NFTs are one-of-a-kind digital assets that represent ownership of a specific item, such as a work of art, a collectible, or music. These tokens are stored on a blockchain, which is...
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FCA Asks Crypto Firms to Prepare for New Promotion Rule

[ad_1] The UK’s financial market supervisor, the Financial Conduct Authority (FCA Financial Conduct Authority (FCA) The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK).The UK regulator is responsible for the conduct of firms authorized under the Financial Services and...
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Spanish rehab center adds crypto trading addiction to services list

[ad_1] A luxury rehabilitation center in Spain has recently added services aimed at treating a relatively new kind of addiction — crypto trading. The center, called “The Balance,” is a Switzerland-founded wellness center, with its main facility located on the Spanish island of Mallorca along with representations in Spain,...
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Bitcoin: Beyond the Crash and Embracing NFTs?

[ad_1] <p>After a year of doom and gloom, the final, trainwreck quarter of which surely drove the last of the crypto tourists to beat an incredulous retreat, January 2023 ushered in an abrupt reversal. This change of atmosphere was stirred by an exceptionally strong performance from Bitcoin, which recovered...
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