Regulation
Mining
Bitcoin miner Hut 8 to develop mining facility for bankrupt Celsius in Texas
Hut 8 said mining site will house around 66,000 miners and will be powered by more than 215 megawatts (MW) of energy.
Stablecoins
Tether USDT discount on exchanges hit 5-month high following revelation of collaboration with US authorities
Tether's collaboration with the U.S. authorities has drawn extensive criticism from crypto stakeholders.
DeFi
Solana DEXs momentarily outpace Ethereum amid surge in memecoin, stablecoin activity
Solana's DEXs are on course to exceed $10 billion in monthly trading volume.
Tokenization
Arweave AR token value drops 13% amid contentious hard fork debate
Arweave alleges that Irys approach to its fork is unethical and driven by greed, Irys responds.
Crypto
Bitcoin dips amid surge in Ordinals minting, $166M in crypto liquidations reported
The increased minting of Ordinals-like transaction clogged the Bitcoin network, pushing transaction fees very high.
Bankruptcy
SafeMoon hits record low as company files for Chapter 7 bankruptcy
SafeMoon has been plagued with different controversies since peaking last year.
Tokenization
Solana-based memecoin BONK adds $1B to market cap following exchange listings
The memecoin's positive price performance has significantly improved the sales of Solana Saga phones.
Hacks
Understanding the Ledger library exploit and what it means for users
A security vulnerability in Ledger's Connector library has left the crypto community on edge and raised serious questions about basic security.
Mining
Russia draws up plans to classify mined crypto as an exportable commodity
Russia Deputy Finance Minister revealed a project to allow cryptocurrencies to be exported during a recent talk.
Featured
Ledger pushes update to fix compromised library as users warned to hold off connecting to dApps
Onchain sleuths said the compromised library was replaced with a drainer due to CDN breach.
Price Watch
Bitcoin market cap increases by $40B as BTC price makes play to retake $43k
BTC's positive rally also influenced top alternative cryptocurrencies like Ethereum, Cardano, and others.
Exchanges
Gemini Earn users could see as little as 61% of their crypto investments returned
Genesis's 'brutal' reorganization plan has gathered outrage from Earn users.
