The bitcoin mining industry in Texas remains undeterred amid growing concerns over the industry's rising power consumption. Power consumed by bitcoin miners went up 75% last year.
Do Kwon, the man behind Terraform Labs, has been arrested in Montenegro. Kwon was traveling with falsified documents when he was detained by Montenegrin authorities.
Popular crypto veteran Arthur Hayes believes that Bitcoin can cross the $1 million mark, thanks to the U.S. Federal Reserve's new Bank Term Funding Program.
XRP has gained more than 28% over the past 24 hours thanks to a Notice of Supplemental Authority filed by Ripple. The letter highlighted a recent ruling related to crypto and securities, and is expected to strengthen Ripple's defense in the legal battle against the SEC.
Coinbase reportedly offered a $3.3 billion credit line to Circle to ensure liquidity for USDC following the FDIC's decision to shut down Silicon Valley Bank.
American crypto exchange Coinbase is reportedly looking to set up an overseas trading platform that would allow users to trade derivatives.
Bankruptcy Judge Michael Wiles has rejected the U.S. Justice Department's appeal to put a stay on Voyager Digital's sale to Binance US, a deal valued at $1.3 billion.
Cathie Wood's Ark Invest has unveiled a new crypto fund that has raised more than $16 million from private investors. The fund is split into a domestic entity based in Florida and a foreign version based in the Cayman Islands.
