Crypto News
El Salvador Will Race Ahead With Bitcoin Plans If Bukele Wins Reelection
El Salvador president Nayib Bukele is set to win Sunday's election, polls say. And if he does, he'll continue with his Bitcoin push.Source link
U.S. Drilling Down on Crypto Miners’ Energy Use Draws Ire From Community
The Energy Information Administration (EIA) is starting a survey to track the electricity consumption of crypto miners in the U.S.Source link
Polygon Labs Cuts 60 Staff in Ethereum Scaler’s Latest Shakeup
The company behind Ethereum scaling network Polygon has laid off 19% of its team, less than a year after an even larger layoff.Source link
Binance Is Facing Regulatory Headwinds as It Tries to Re-Enter UK Market: Bloomberg
The largest crypto exchange in the world stopped offering its services to U.K. customers in October after it failed to comply with a rule change made by regulators last year.Source link
Tether’s Financial Triumph: Record $2.85B Q4 Profit and Strategic Asset Growth
Tether Holdings Limited reported a Q4 2023 profit of $2.85 billion, boosted by US Treasuries, Gold, and Bitcoin reserves, and a net profit of $6.2 billion, showcasing strong financial health. (Read More)Source link