Ad Crypto mining firm Marathon Digital Holdings published its February operations report on March 2, outlining its finances and hashrate data for the past month. Marathon has $410 million of unrestricted assets In its report, Marathon said it increased its unrestricted cash to $219.7 million and increased its unrestricted Bitcoin holdings to 8,260 BTC ($191.2…
Ad Web3 content creation platform REPUBLIK raised $3.7 million in its seed funding round, raising its valuation to $75 million. REPUBLIK offers a platform where content creators can connect with their audiences and utilize built-in smart contracts to handle monetization processes. Overall, REPUBLIK provides a one-stop-shop for content creators to create, connect, and earn higher…
The new year has started on a good note for some cryptocurrency investors while others are yet to recover from the massive dip that hit the industry last year. Some digital currencies such as Collateral Network (COLT) are appreciating with a token price of $0.01 in phase 1 of its presale, while a couple of…
Ad Binance.US has responded to a letter published by U.S. senators on March 2 by professing compliance and stating that it will answer questions directly. Binance acknowledges senators’ letter On March 2, various senators alleged that Binance.US has engaged in “potentially illegal” activity and asked the firm to answer several questions. A Binance.US spokesperson said…
Ad The following is a guest post from Anndy Lian. Hong Kong has been a major financial hub for many years, and in recent years, it has shown increasing interest in blockchain and cryptocurrency technologies. The government of Hong Kong has indicated its support for the industry’s development, and many initiatives are underway to help…
Ad Signature Bank, one of the few federally regulated US banks that has actively courted digital assets, is said to be one of the few banks left standing with news that its competitor, Silvergate, is facing significant stress due to its exposure to FTX and accusations it was responsible for the co-mingling of exchange and…
Ad Crypto mining firm Riot Platforms published its 2022 financial results on March 2 and reported that it would delay its 10-K filing with regulators. Riot saw significant growth in 2022 In its annual report, Riot reported “record results” for the year of 2022. The company said that it brought in $259.2 million in total…
Ad The biggest news in the cryptoverse for March 2 saw Coinbase announce that it would stop supporting transfers through Silvergate Bank. Other companies, including Tether, Circle, Gemini, Crypto.com, Bitstamp, and Microstrategy either followed suit or commented on the situation. CryptoSlate Top Stories Silvergate shares tank 46% after Coinbase severed payment partnership Crypto-friendly bank Silvergate…
Ad Several cryptocurrency companies have at least temporarily stopped accepting deposits made via Silvergate Bank, as seen in various statements on March 2. Multiple crypto companies block transfers Gemini notably said it has stopped accepting deposits and withdrawal requests made via ACH or wire transfer through Silvergate Bank. It stated that it is “actively monitoring the…
Ad NEAR, a blockchain platform that aims to simplify and democratize access to decentralized applications, announced at the ETHDenver conference and hackathon on March 2 that it is transforming into the Blockchain Operating System (BOS). The move marks a significant milestone in the development of Web3, as NEAR becomes the first blockchain to introduce a…