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Bitcoin Price Drops Below $28,000 Post Labor Day – Rough Road Ahead?

Bitcoin price experienced a blow Wednesday, May 2, when it fell below the critical $28,000 threshold after a four-month run of gains.  The alpha coin was on a roll throughout April, recording its l...

Poloniex Settles With US Authorities, Pays $7.6M Fee To OFAC

Poloniex LLC has agreed to pay a fee of $7.6 million to settle with the US Treasury Department’s Office of Foreign Asset Control (OFAC) for violation of sanctions.  The exchange had been...

Digital Currency Group (DCG) reports mixed Q1 results as CFO resigns

Digital Currency Group (DCG) informed its shareholders that its revenue for the first quarter of 2023 increased by 63% compared to the previous quarter, reaching $180 million. However, this figure ...

JPMorgan’s epic First Republic takeover ignites expectations

As I reported yesterday, United States banking giant JPMorgan Chase & Co has acquired First Republic Bank, a San Francisco-based lender, following its seizure by regulators. The approval of thi...

Crypto Whales. Why Are They Important?

30 Questions and Answers on the Arbitrum Network and Its Solutions to Challenges

Blockchain technology has revolutionized how we think about transactions, introducing new levels of security, transparency, and efficiency. However, as the use of blockchain networks continues to g...