Read enCRYPTed news, get deCRYPTed insights

Walter Grand

Walter Grand

Tether

In a groundbreaking move, the cryptocurrency issuer Tether recently frozen a total of 32 crypto wallet addresses that collectively held $873,118, citing their ties to "terrorism and warfare" activities in both Israel and Ukraine. This decision was unveiled to the public on Monday. Just a week prior to Tether's

Meitu: A Shift Away from Cryptocurrency Investments?

A comprehensive look into Meitu's recent decision to distance itself from cryptocurrency investments. In a recent and somewhat unexpected revelation, Meitu's Senior Investor Relations Manager, Kang Yicong, announced that the renowned tech company would be distancing itself from cryptocurrency investments. The statement from Kang further explained that Meitu had halted

CoinList Unveils Game-Changing Staking Solution amid Regulatory Ambiguity

The ever-evolving landscape of the crypto universe has, once again, presented a fresh opportunity for innovation, with CoinList unveiling its brand-new staking funds. This initiative stands as the first of its kind, opening doors for accredited investors in the U.S. to indulge in the world of crypto staking. In

The Lightning Evolution: Bitcoin's Solution to Scalability

The past few years have witnessed an unprecedented surge in the realm of digital assets. While Bitcoin continues to be the frontrunner in this revolution, its inherent challenge has always been scalability. However, recent developments in the Bitcoin Lightning Network seem to suggest that the solution to this challenge is

FTX

One of the largest crypto heists was halted in its tracks, not by law enforcement or a major financial institution, but by the quick thinking of a consultant. Kumanan Ramanathan, a consultant from Alvarez & Marsall and an advisor to the crypto exchange FTX, single-handedly put a stop to the

MicroStrategy and Bitcoin: Examining America's Technology Empire

In recent years, thanks to the rapid development of cryptocurrencies, many companies have begun to actively integrate these digital assets into their operational and investment strategies. One of the most prominent examples of this approach is the American company MicroStrategy. But what's behind the name, and why has their decision

Bitmain Stands Firm in the Face of Cash Flow Challenges

In a surprising development within the rapidly evolving crypto mining landscape, Bitmain, a dominant player in Bitcoin mining hardware production, temporarily withheld some of its September salaries due to emerging cash flow challenges. The information reached the public on October 3, following confirmations from several internal sources, as revealed by

Estonian Cryptocurrency Companies Implicated in €1 Billion Money Laundering Scheme

TALLINN, Estonia — In a shocking revelation, cryptocurrency companies operating out of Estonia have been implicated in money laundering activities totaling up to €1 billion since 2017. Moreover, investigations have uncovered that these entities played a pivotal role in bypassing international sanctions imposed on the Russian Federation. A thorough probe into

El Salvador's Pioneering Move: Launching First Bitcoin Mining Pool with Volcano Energy

In a groundbreaking development, El Salvador has inaugurated its first Bitcoin mining pool. This initiative, powered by geothermal energy from volcanoes, has been taken in partnership with Luxor. Not only does it propel the Central American nation further into the crypto spotlight, but it also underscores the country's commitment to

Binance

Binance, the renowned global cryptocurrency exchange, finds itself in legal turmoil. Allegations have been made against Binance for supposedly breaching securities and competition regulations, all with the goal of monopolizing the cryptocurrency trading platform arena. As per a report by Bloomberg, the roots of the controversy can be traced back