Market
Mining
Australian Bitcoin miner Iris sets 20 EH/s hash rate target as US mining falters
The miner's ambitious hash rate goal would place it at the top spot in the Bitcoin mining industry.
Legal
Ripple requests deadline extension, citing voluminous SEC document demands
Ripple and SEC legal saga drags on with new document production twist.
DeFi
DeFi ecosystem rebounds to 18-month high of $60 billion in assets, signaling investor confidence resurgence
DeFi TVL have increased by 68% since November 2023 thanks to the improved market conditions.
Bankruptcy
Genesis’ bankruptcy plan faces pushback from parent company DCG over creditor payouts
Digital Currency Group claimed that some 'influential creditors controlling the UCC and Ad Hoc Group' pressured Genesis into its bankruptcy plan.
Technology
Chainlink’s LINK token hits five-month high in exchange balance amid $75 million inflow
Chainlink's price has been on the ascendancy since the beginning of the year, up by arond 25%.
Exchanges
Binance’s delisting move sends Monero and Multichain values tumbling 20%
The delisted assets have encountered varying challenges, ranging from regulatory issues to system hack, during the past year.
Technology
Solana’s mainnet faces outage, causing a 5% drop in SOL token value
Solana blockchain stopped producing blocks for more than 2 hours, according to on-chain data.
Mining
Bitcoin miners slam US government planned survey as ‘Operation Chokepoint 3.0’
Riot Platforms CEO calls U.S. Bitcoin mining survey unlawful and discriminatory.
Investments
Oobit token soars 31% after securing $25 million in funding led by Tether
Singapore-based Oobit is focused on advancing crypto adoption as a means of payment.
Crypto
US handles 99% of global crypto product inflows as $708 million enters market
$703 million invested in Bitcoin ETPs with Solana second highest at $13 million.
Legal
Montenegro deports former Terraform Labs CFO to South Korea amid fraud allegations
Do Kwon and Han Chang-joon were arrested last March for attempting to travel with fake documents.
Regulation
Hong Kong sets deadline for crypto exchange licensing applications or face shutdown
Hong Kong has licensed only two crypto trading platforms for traders in its region.