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AI and Crypto Mining to More Than Double Energy Use by 2026, Report Says

Source: Adobe / Timon The International Energy Agency (IEA) anticipates substantial increases in energy consumption from crypto mining and artifici...

Jan, 26, 2024

1 min read

by Cryptonews

Controversy Arises as Genesis Creditors Challenge DCG’s Claim of Full Debt Repayment

Genesis Global Source: AdobeStock / Timon Digital Currency Group (DCG) is facing allegations from an ad hoc group of lenders, claiming that DCG has...

Jan, 10, 2024

3 min read

by Cryptonews

Crypto.com Gains Key UK Regulatory Approval as Electronic Money Institution

Cypto.com regulatory approval in the UK sets the stage for the company to offer additional financial services. Image by Timon, Adobe Stock. Today, ...

Dec, 04, 2023

2 min read

by Cryptonews

Genesis Reaches Settlement With Parent Company DCG in $620M Lawsuit

Source: AdobeStock / Timon The beleaguered crypto lender Genesis and its parent company, Digital Currency Group (DCG), have reached a settlement th...

Nov, 29, 2023

1 min read

by Cryptonews

Crypto-Friendly Silvergate Bank Has Fully Repaid All Deposit Liabilities, Now Holds Less Than $10,000

Source: AdobeStock / Timon Crypto-friendly Silvergate Capital has announced that it has fully repaid all remaining deposit liabilities. On Wednesd...

Nov, 23, 2023

2 min read

by Cryptonews

Genesis Files Lawsuit Against Former Business Partner Gemini Trust, Seeking to Recover $689 Million

Source: AdobeStock / Timon Crypto lender Genesis Global Capital has taken legal action against cryptocurrency exchange Gemini Trust in an attempt t...

Nov, 22, 2023

2 min read

by Cryptonews

South Korean Crypto Exchange Bithumb Still Aiming for IPO Despite ‘Deep’ Troubles

Source: Timon/Adobe The South Korean crypto exchange Bithumb has effectively confirmed reports that it is hoping to launch an initial public offeri...

Nov, 16, 2023

3 min read

by Cryptonews

Bithumb Plans IPO In Korea, Eyes Top Spot in Local Market

Source: Timon/Adobe Cryptocurrency exchange Bithumb is keen on becoming the first industry-related company to get listed on the Korean Securities D...

Nov, 13, 2023

2 min read

by Cryptonews