Joseph Branch

Joseph Branch

"The White House is aware of the Silvergate situation," spokeswoman

White House Press Secretary Karin Jean-Pierre commented on the situation surrounding the Silvergate crypto-bank at a press briefing: "So, we are aware of the situation and are following the news. I won't comment specifically on Silvergate. But apparently it's just one of the cryptocurrency companies

Bitcoin NFT market to grow to $4.5 billion by 2025

Galaxy has published a report titled "Bitcoin Inscriptions & Ordinals." In it, the company states that the bitcoin-based NFT market will reach a capitalization of $4.5 billion by 2025. In a "bearish" scenario, the value will be much more modest - $1.5 billion, in

Exchanges in Ukraine have suspended operations with bank cards

Some crypto-exchanges have stopped operations on withdrawal of funds to Ukrainian cards. Binance confirmed this information on Twitter. The founder of Ukrainian exchange Kuna Mikhail Chobanyan also reported about the problem. Whitebit also joined the list. "Now fiat channels, namely deposit and withdrawal via bank card and other payment

Australia to launch its digital currency

The Reserve Bank of Australia (RBA) and the Joint Research Centre for Digital Finance at the Australian Institute for Financial Research (DFCRC) have released an announcement that Australia will launch a central bank digital currency pilot in the coming months, Cointelegraph writes. So far, research is underway into the potential

China has discovered a major oil field

China National Offshore Oil Corporation (CNOOC) has discovered a large oil field in the Bohai Gulf, it said in a statement. The oil reserves there amount to 100 million tons. CNOOC estimates that a well at the field is capable of producing about 2,040 barrels of crude oil and

Texas calls $1 billion Voyager and Binance deal unprofitable for customers

Texas regulators have issued their opinion on a potential $1 billion deal between Voyager and Binance. They believe the benefit of the purchase would be cut in half if the court grants the Alameda loan claims. It would be better for Voyager's creditors if the company liquidates the

AI in crypto: how to earn, what projects are used and is it needed at all?

ChatGPT and Dalle-2 triggered an AI chain reaction, opening up a new trend for the traditional and cryptocurrency market. And while Microsoft is investing tens of billions in OpenAI and Google is testing Bard, crypto projects decided to ride the AI hype wave and put artificial intelligence on the blockchain.

Police bust illegal mining farm in school basement in U.S.

Police in Cohasset, Massachusetts are searching for 39-year-old Nadim Nahas. He is accused of secretly setting up a mining farm in the basement of a local school and stealing electricity. "The farm ran from April to December 2021. It was connected to the institution's power grid the

Circle plans to increase staff by 25% this year

Circle CFO Jeremy Fox-Guin has announced that the company intends to increase its staff by 25% this year as it looks to expand. By the end of 2022, Circle had a workforce of 900 employees. The company is ready to hire between 135 and 255 more people (15% to 25%

Ankr announces partnership with Microsoft

Ankr has announced a partnership with technology giant Microsoft. The parties will provide node hosting services for projects and companies that need access to blockchain data. According to a press release, the agreement will integrate Ankr's innovative blockchain technology with Microsoft's cloud solutions.