CRYPTO
Google Struggles with Ad Revenue as Crypto Firms Reduce Spending
Alphabet said that reduced ad spending by crypto companies has hurt Google's revenue growth during the third quarter of 2022.
Mastercard, BitOasis Roll Out Crypto-Linked Cards in the MENA Region
Payment giant Mastercard has inked a deal with Middle East-based cryptocurrency exchange BitOasis to establish a series of crypto card programs aimed at boosting daily cryptocurrency usage in the Middle East & North Africa region.
Bitcoin Surges Past $20,000, Ether Bounces As USD Weakens
Bitcoin surged on Tuesday breaking back above the $20,000 level while major altcoins led by Ether rose on a positive market upturn as the US dollar fell.
Celsius Gets Green Light from Bankruptcy Judge for Bidding Plans
Celsius Network has received an ok sign from a federal bankruptcy judge for bidding procedure plans. The next step will include setting up a schedule in motion which could see the platform's assets sold by the end of the year.
92% High-Net-Worth Individuals in SG & HK Are Interested in Digital Assets: KPMG
KPMG China conducted a study dubbed “Investing in Digital Assets” and found that family offices and high-net-worth individuals in Singapore and Hong Kong have a growing interest in terms of virtual digital assets.
Ark Invest's Wood Turned $100,000 Investment in Bitcoin to $7M
Cathie Wood said she currently owns over $7 million worth of bitcoin, which she purchased on the advice of Reagan-era economist Arthur Laffer, while it was trading at $250.
Binance Identifying Hackers behind $570m Crypto Exploit, Says CZ
Binance is getting closer to identifying hackers who stole millions of funds from a bridge linking to Binance's blockchain network.
CFTC Chair Suggests Ether is Commodity, Let Congress to Regulate Crypto
Crypto regulation is inevitable. That is the message coming from both CFTC and SEC. But this has led to a political conflict between the top U.S. financial regulatory agencies.
Binance "Investing Heavily in DeFi", Tweets CEO CZ
Earlier, CZ announced that the company will be spending more than $1 billion on potential investments and acquisitions this year. According to Binance, DeFi and NFT projects are among the good options.
Are Bitcoin Miners Earning Minimum Reward as Hash Price Plunged to Historic Lows?
The revenue of Bitcoin miners continues to dwindle, given that the hash price has nosedived to historic lows of $66,500 per Exahash, according to Glassnode.