Bitcoin Miner Hut 8 Q3 Net Loss More Than Doubles as Production Slumps
The firm said it mined fewer coins due to a higher network difficulty, operational issues and the suspension of some operations.
Financial
Circle to Enable Cross-Chain USDC Transfers With Cosmos’s Noble Later This Month
Decentralized exchange dYdX will be the a user of CCTP, as the project expands beyond Arbitrum, Base, Ethereum and Optimism.
U.S. CPI Unexpectedly Flat in October; Bitcoin Adds Nearly 1%
In addition to the headline inflation beat, core CPI declined last month.
First Mover Americas: Goldman Leads Blockchain Firm Fnality Raise of $95M
The latest price moves in crypto markets in context for Nov. 14, 2023.
GROK Dumps 50% as ‘Scammer’ Links Halts AI-Inspired Token’s Rally
It reached a $150 million on Monday, amassing over 13,000 holders and trading over $25 million in volume on decentralized exchanges.
FTX Can Start Mediation, File Counterclaims in BlockFi Bankruptcy Case, Judge Rules
BlockFi filed for bankruptcy in late November last year, in part because of the ripple effects of the sudden collapse of FTX, which triggered an automatic stay that halted proceedings between the two.
Australia Updates its Capital Gains Tax Guidance to Include Wrapped Tokens and DeFi
Last year, the Australian Taxation Office (ATO) warned cryptocurrency investors that capital gains and losses must be reported every time a digital asset is sold.
Reddit Token MOON Rockets 150% Amid Hopes of Revival
MOON supply will be topped at 83 million tokens and moderators say they will continue to develop tools to help value accrual.
UK Cabinet Reshuffle Gives Bim Afolami Responsibility for Crypto, CBDC, Replacing Griffith
His predecessor, Andrew Griffith, will head up the Department for Science, Innovation and Technology.
Bitcoin Spot ETFs Will Introduce Crypto to Broader Investor Base: Coinbase
Spot ETFs are likely to lay the foundation for a more regulated market, with greater inclusion and a significant growth in demand, the report said.