SEC Slams Bitcoin Miner Marathon Digital With Another Subpoena As Firm Shares Its Quarterly Report
Crypto mining firm Marathon Digital Holdings has been served with a second subpoena over potential security law breaches in its Montana data center.Marathon Digital reported a net loss of $7 million in the first quarter which shows an improvement compared to last year’s Q1 losses of $12.9 million. In another development, the firm has rolled out plans to partner with Zero Two to create a high-end BTC mining facility in Abu Dhabi. Digital asset miners have remained under the radar of authorities in recent weeks as both the White House and the SEC launch fresh attacks.
Marathon Digital, a top Bitcoin (BTC) mining firm, has disclosed in its quarterly report that it received a subpoena from the Securities and Exchange Commission (SEC) on April 10 relating to its over 100-megawatt mining plant In Montana. The basis for the subpoena centered on an alleged breach of security laws by the firm during the formation process.
Crypto mining firm Marathon Digital Holdings has been served with a second subpoena over potential security law breaches in its Montana data center.Marathon Digital reported a net loss of $7 million in the first quarter which shows an improvement compared to last year’s Q1 losses of $12.9 million. In another development, the firm has rolled out plans to partner with Zero Two to create a high-end BTC mining facility in Abu Dhabi. Digital asset miners have remained under the radar of authorities in recent weeks as both the White House and the SEC launch fresh attacks.
Marathon Digital, a top Bitcoin (BTC) mining firm, has disclosed in its quarterly report that it received a subpoena from the Securities and Exchange Commission (SEC) on April 10 relating to its over 100-megawatt mining plant In Montana. The basis for the subpoena centered on an alleged breach of security laws by the firm during the formation process.
Hong Kong Launches Digital Currency Pilot With 16 Firms Including HSBC, Bank of China, Alipay
The Hong Kong Monetary Authority (HKMA) has announced the commencement of its e-HKD pilot which “will take deep dives into potential use cases in six categories.” The pilot paves the way for “the possible implementation of a retail central bank digital currency (CBDC),” the central banking institution explained.
Pilot Program for e-HKD BeginsThe Hong Kong Monetary Authority (HKMA) announced Thursday “the commencement of the e-HKD Pilot Programme.” The central banking institution revealed that 16 firms from the financial, payment, and technology sectors have been selected to participate in the first round of e-HKD pilots for 2023. The HKMA detailed:
The pilots will take deep dives into potential use cases in six categories, including full-fledged payments, programmable payments, offline payments, tokenized deposits, settlement of Web3 transactions, and settlement of tokenized assets.
The Hong Kong Monetary Authority (HKMA) has announced the commencement of its e-HKD pilot which “will take deep dives into potential use cases in six categories.” The pilot paves the way for “the possible implementation of a retail central bank digital currency (CBDC),” the central banking institution explained.
Pilot Program for e-HKD BeginsThe Hong Kong Monetary Authority (HKMA) announced Thursday “the commencement of the e-HKD Pilot Programme.” The central banking institution revealed that 16 firms from the financial, payment, and technology sectors have been selected to participate in the first round of e-HKD pilots for 2023. The HKMA detailed:
The pilots will take deep dives into potential use cases in six categories, including full-fledged payments, programmable payments, offline payments, tokenized deposits, settlement of Web3 transactions, and settlement of tokenized assets.
Fuck memecoins, says PSYCHO. Yep, you heard that right. Here's why it got our attention:
• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.
DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.
🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.
DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.
🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
Satoshi-Era Bitcoin Whale Moves $1.2 Million Worth Of BTC After 13 Years
An ancient Bitcoin investor has made a whopping $1.2 million after moving dormant assets for the first time in 13 years.Experts share their opinions on IT geeks and a few institutional investors who bought assets in the Satoshi era.The falling price of BTC to its three-month low could be seen as a factor that occasioned the sale.This year has marked the resurrection of several Bitcoin (BTC) and altcoin whales due to gains recorded in the market after the turmoil of 2022, which saw most assets lose nearly 50% of their value.
A Bitcoin whale has sold 50 BTC, acquired in 2010 after 13 years of inactivity, making $1.2 million at present prices. According to blockchain data, the wallet address 13CFnFFn932HdxjP2sJYdijmcDPVvDVT2i received the coins in June 2010, leaving many digital asset enthusiasts wondering why the decision was made to transfer the assets 13 years later in June.
An ancient Bitcoin investor has made a whopping $1.2 million after moving dormant assets for the first time in 13 years.Experts share their opinions on IT geeks and a few institutional investors who bought assets in the Satoshi era.The falling price of BTC to its three-month low could be seen as a factor that occasioned the sale.This year has marked the resurrection of several Bitcoin (BTC) and altcoin whales due to gains recorded in the market after the turmoil of 2022, which saw most assets lose nearly 50% of their value.
A Bitcoin whale has sold 50 BTC, acquired in 2010 after 13 years of inactivity, making $1.2 million at present prices. According to blockchain data, the wallet address 13CFnFFn932HdxjP2sJYdijmcDPVvDVT2i received the coins in June 2010, leaving many digital asset enthusiasts wondering why the decision was made to transfer the assets 13 years later in June.
LBank Labs and Seoul Metropolitan Government to Drive Blockchain Innovation at Seoul Web3 Festival
PRESS RELEASE. LBank Labs is delighted to announce its collaboration with the Seoul Metropolitan Government in hosting the highly anticipated Seoul Web3 Festival 2023 (SWF 2023) in late July. With the participation of prominent figures from the blockchain and Web3 industry, the event promises to be a momentous occasion for numerous Web3 companies to converge, fostering an environment of knowledge exchange, synergy creation, and the exploration of groundbreaking ideas. Notably, the esteemed presence of Seoul Mayor Oh Se-hoon and the Digital Chief further underscores their commitment to supporting the immense potential of the Web3 industry.
Under the auspices of the Seoul Metropolitan Government, the Seoul Web3 Festival 2023 will feature a diverse range of experiences and opportunities for its participants. The event lineup will encompass an exciting hackathon, a startup demo day, a networking party, an NFT exhibition, and an insightful forum, providing attendees with a holistic and enriching experience.
PRESS RELEASE. LBank Labs is delighted to announce its collaboration with the Seoul Metropolitan Government in hosting the highly anticipated Seoul Web3 Festival 2023 (SWF 2023) in late July. With the participation of prominent figures from the blockchain and Web3 industry, the event promises to be a momentous occasion for numerous Web3 companies to converge, fostering an environment of knowledge exchange, synergy creation, and the exploration of groundbreaking ideas. Notably, the esteemed presence of Seoul Mayor Oh Se-hoon and the Digital Chief further underscores their commitment to supporting the immense potential of the Web3 industry.
Under the auspices of the Seoul Metropolitan Government, the Seoul Web3 Festival 2023 will feature a diverse range of experiences and opportunities for its participants. The event lineup will encompass an exciting hackathon, a startup demo day, a networking party, an NFT exhibition, and an insightful forum, providing attendees with a holistic and enriching experience.
Bitcoin Cash Analysis: Recovery Could Be Capped Near $210
Bitcoin cash price is struggling below the $210 zone against the US Dollar, similar to Bitcoin. BCH/USD could restart its decline if it fails near $200 or $210.
Bitcoin Cash Price AnalysisBitcoin cash price remained in a bearish zone below the $220 and $210 resistance levels. BCH traded below the $200 support level to move further into a bearish zone.
There was a clear move below the $180 zone. The bears were able to flush the price toward the $165 support. A low is formed near $164 and the price is now correcting losses. There was a move above the $175 and $180 resistance levels.
Bitcoin cash price is struggling below the $210 zone against the US Dollar, similar to Bitcoin. BCH/USD could restart its decline if it fails near $200 or $210.
Bitcoin Cash Price AnalysisBitcoin cash price remained in a bearish zone below the $220 and $210 resistance levels. BCH traded below the $200 support level to move further into a bearish zone.
There was a clear move below the $180 zone. The bears were able to flush the price toward the $165 support. A low is formed near $164 and the price is now correcting losses. There was a move above the $175 and $180 resistance levels.
Aptos (APT) Founder Names Three Things That Could Attract a Billion New Crypto Users
The co-founder of Aptos (APT) is weighing in on what developments in the digital assets space could attract the next wave of mass adoption.
In a new interview with crypto influencer Scott Melker, Aptos CEO and cofounder Mo Shaikh says that three main things could result in a billion new users flooding the space.
The co-founder of Aptos (APT) is weighing in on what developments in the digital assets space could attract the next wave of mass adoption.
In a new interview with crypto influencer Scott Melker, Aptos CEO and cofounder Mo Shaikh says that three main things could result in a billion new users flooding the space.
Investment Giant BlackRock Registers Ethereum Trust in Delaware As ETH Surpasses $2,000
An investment firm with trillions of dollars worth of assets under its management is registering an Ethereum (ETH) trust in Delaware as the leading altcoin surges over $2,000.
According to new filing documents shared on the social media platform X, BlackRock has registered its iShares Ethereum trust in the state of Delaware, a move similar to one the firm made when initially registering its Bitcoin (BTC) trust.
An investment firm with trillions of dollars worth of assets under its management is registering an Ethereum (ETH) trust in Delaware as the leading altcoin surges over $2,000.
According to new filing documents shared on the social media platform X, BlackRock has registered its iShares Ethereum trust in the state of Delaware, a move similar to one the firm made when initially registering its Bitcoin (BTC) trust.
New EU Sanctions Package Preclude Russians From Owning Crypto Companies
The European Union said Russian nationals from owning or controlling crypto service providers under the bloc’s twelfth package of restrictive measures against the country. According to the EU, diamonds entering its will now have to be traced from “the mine to the finger” and this is set to be done using the blockchain.
New Package Seeks to Combat Sanctions CircumventionThe European Union (EU) announced on Dec. 18 that it had adopted a new package of economic and individual sanctions. The package now bars Russian nationals from owning or controlling crypto service providers. This ban is part of the EU’s attempt to “limit circumvention of the prohibition” on the provision of crypto-related services already imposed.
According to the European Commission (EC), the new sanctions package seeks to fulfil the EU’s key objective of finding “a just and lasting peace, not another frozen conflict.” In the document that answers key questions about the Russian sanctions, the EC insisted that the EU sanctions policy has already had the desired effect on the Russian economy.
The European Union said Russian nationals from owning or controlling crypto service providers under the bloc’s twelfth package of restrictive measures against the country. According to the EU, diamonds entering its will now have to be traced from “the mine to the finger” and this is set to be done using the blockchain.
New Package Seeks to Combat Sanctions CircumventionThe European Union (EU) announced on Dec. 18 that it had adopted a new package of economic and individual sanctions. The package now bars Russian nationals from owning or controlling crypto service providers. This ban is part of the EU’s attempt to “limit circumvention of the prohibition” on the provision of crypto-related services already imposed.
According to the European Commission (EC), the new sanctions package seeks to fulfil the EU’s key objective of finding “a just and lasting peace, not another frozen conflict.” In the document that answers key questions about the Russian sanctions, the EC insisted that the EU sanctions policy has already had the desired effect on the Russian economy.
Pacific Meta’s Localization Expertise Empowers Oasys’ Expansion Into The Chinese Market
In an announcement this Thursday, Oasys, a blockchain gaming platform, announced its partnership with Pacific Meta, a Japan-based advisory and marketing firm, to extend its reach to Chinese-speaking nations in the Southeast Asia region. The collaboration aims to support blockchain gaming projects on Oasys by leveraging Pacific Meta’s experience in marketing within the region, bringing a host of next-gen Web3 games to Chinese-speaking gamers.
In an announcement this Thursday, Oasys, a blockchain gaming platform, announced its partnership with Pacific Meta, a Japan-based advisory and marketing firm, to extend its reach to Chinese-speaking nations in the Southeast Asia region. The collaboration aims to support blockchain gaming projects on Oasys by leveraging Pacific Meta’s experience in marketing within the region, bringing a host of next-gen Web3 games to Chinese-speaking gamers.
Find out how to get No Deposit Bonuses at An Online Casino
What is what is a “no deposit bonus”? No deposit bonuses are basically an offer that you are able to utilize to play online casino Plinkos and wager. The only requirement is to make an account with the casino in order to qualify for the offer. You will get real cash credits that can be used to place bets. It may not be applicable to all games, or all slots.
In any case it is recommended for you to fully understand the terms and conditions that come with no deposit bonuses prior to signing up or making deposits at casinos. It is also important to ensure that the casino you choose to play at is licensed and regulated prior to choosing a game or slot to play. In any event it is recommended to confirm all the details prior to placing bets on any money.
What is what is a “no deposit bonus”? No deposit bonuses are basically an offer that you are able to utilize to play online casino Plinkos and wager. The only requirement is to make an account with the casino in order to qualify for the offer. You will get real cash credits that can be used to place bets. It may not be applicable to all games, or all slots.
In any case it is recommended for you to fully understand the terms and conditions that come with no deposit bonuses prior to signing up or making deposits at casinos. It is also important to ensure that the casino you choose to play at is licensed and regulated prior to choosing a game or slot to play. In any event it is recommended to confirm all the details prior to placing bets on any money.
Fantom (FTM) Founder Andre Cronje Shows Support for Solana Amid Network Congestion Issues
Fantom (FTM) co-founder Andre Cronje says the Solana (SOL) network is a victim of success as the smart contract platform faces criticisms due to congestion issues.
In a post on social media platform X, Cronje says that Solana’s recent outages are only because of its rising user activity and popularity.
Fantom (FTM) co-founder Andre Cronje says the Solana (SOL) network is a victim of success as the smart contract platform faces criticisms due to congestion issues.
In a post on social media platform X, Cronje says that Solana’s recent outages are only because of its rising user activity and popularity.
Kraken Has No Plans To Delist Tether’s USDT From European Crypto Exchanges, According to Executive
An executive of US-based crypto exchange Kraken is denying previous reports that the company is planning to pull the plug on leading stablecoin Tether (USDT) in the European Union (EU).
Reports of Kraken reviewing its USDT support come amid concerns that the EU may ban the largest stablecoins – USDT, USDC, and BUSD because they do not comply with the Markets in Crypto-Assets (MiCA) regulations.
An executive of US-based crypto exchange Kraken is denying previous reports that the company is planning to pull the plug on leading stablecoin Tether (USDT) in the European Union (EU).
Reports of Kraken reviewing its USDT support come amid concerns that the EU may ban the largest stablecoins – USDT, USDC, and BUSD because they do not comply with the Markets in Crypto-Assets (MiCA) regulations.
Get your FREE Entry NFT for Crypto: The Game!
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
W3GG Announces Exclusive Community Round Private Sale to Empower Gamers and Developers
Singapore, Singapore—W3GG, a leading force in the Web3 space, is announcing the exclusive and limited private sale of its W3GG token in July for its community members. W3GG has significantly impacted the Web3 gaming space and is backed by industry giants like IVC, YGG, Animoca Brands, and 200 others.
The company has been instrumental in pushing the growth of Web3 gaming, investing in over 70 games that are changing the landscape, including Dark Times, Heroes of Mavia, APEIRON, and Nyan Heroes. This significant event marks a pivotal moment in W3GG’s mission to support the Web3 gaming ecosystem, empowering gamers and game studios.
Singapore, Singapore—W3GG, a leading force in the Web3 space, is announcing the exclusive and limited private sale of its W3GG token in July for its community members. W3GG has significantly impacted the Web3 gaming space and is backed by industry giants like IVC, YGG, Animoca Brands, and 200 others.
The company has been instrumental in pushing the growth of Web3 gaming, investing in over 70 games that are changing the landscape, including Dark Times, Heroes of Mavia, APEIRON, and Nyan Heroes. This significant event marks a pivotal moment in W3GG’s mission to support the Web3 gaming ecosystem, empowering gamers and game studios.
Ethereum Eclipses Bitcoin in Holder Activity Amid Predicted ETF Boom
Ethereum (ETH) has emerged as a frontrunner in recent weeks, overshadowing Bitcoin in holder activity and speculative fervor amidst anticipation of an Ethereum Exchange-Traded Fund (ETF) trading debut. This comes even as Bitcoin’s price grapples to recover amidst immense selling pressure from miners this month.
On Sunday, crypto analytics platform Intotheblock highlighted a notable shift in strategy among large Ethereum holders, particularly miners, who have adopted a cautious “risk-off” approach. This starkly contrasts Bitcoin holders, who began profit-taking earlier this year.
Ethereum (ETH) has emerged as a frontrunner in recent weeks, overshadowing Bitcoin in holder activity and speculative fervor amidst anticipation of an Ethereum Exchange-Traded Fund (ETF) trading debut. This comes even as Bitcoin’s price grapples to recover amidst immense selling pressure from miners this month.
On Sunday, crypto analytics platform Intotheblock highlighted a notable shift in strategy among large Ethereum holders, particularly miners, who have adopted a cautious “risk-off” approach. This starkly contrasts Bitcoin holders, who began profit-taking earlier this year.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Trader earned $650,000 on Memecoins in just 12 minutes with Gotbit DEX Manager
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.