Adoption
Bear Market
Mining giant is forced to sell-out 79% of BTC to pay debt
One of the largest mining companies, Core Scientific is selling mined tokens in June to buy new machines and repay its debt amid the coldest crypto winter ever.
Taxes
U.S. states rethinking crypto tax payments amid bear market
The bear market prices suspended the launch of crypto tax payments in all states except Colorado and Utah, who are facing logistical challenges.
Bear Market
BoE calls for tougher rules as crypto market plunges $2 trillion
Bank of England called for tighter regulations on the crypto industry to manage volatility owing to the crypto market cap falling to $900 billion in 6 months.
Tokenization
Here’s how utility tokens can drive crypto adoption higher
Tascha from TaschaLabs recently described three ways utility tokens can grow traditional businesses, and said that they can drive crypto adoption forward.
Adoption
Argentinians turn to crypto after economy minister resigns
Cost of Tether to Argentinian pesos increased 6.6% after Argentina's Economy Minister resigned amid an economic crisis.
Adoption
Colombia integrates Ripple’s XRPL for land registry
Colombia deployed a digitalized land registry system running on Ripple's XRPL Blockchain.
Exchanges
Huobi founder looking to sell shares amid company downsizing
Huobi's founder Leon Li is reportedly looking to sell his stakes at Huobi as the exchange faces difficulties from banning China users.
Analysis
Deutsche Bank believes Bitcoin could see $28K by year end
Deutsche Bank analysts argue Bitcoin could see $28,000 by the end of this year since it has been trading closely with US stocks.
Partnerships
Citadel Securities business development head to lead the new crypto venture firm
Citadel Securities' business development head Jamil Nazarali left his position to lead a crypto venture firm.
Exchanges
SBF claims smaller crypto exchanges will fail soon
FTX founder Sam Bankman-Fried says some crypto exchanges are already secretly insolvent and will fail soon.
Gaming
No Man’s Sky players invented a coin and hope to never trade it for real money
No Man's Sky community self-invented and implemented Hub Coin to the game. Running on an Ethereum testnet, the Hub Coin can't be exchanged for real money, which is what the community wants.
Layer-2
Is Zero-Knowledge Proof the next big thing in crypto?
Mina Foundation's recent report shows that privacy and scalability offered via Zero-Knowledge Proof make cryptocurrencies more attractive.