Economy

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

SINGAPORE, (AP) — In a shocking turn of events, Su Zhu, the co-founder of the now-defunct crypto hedge fund Three Arrows Capital (3AC), was arrested at Singapore’s Changi Airport on Friday. The arrest took place as he was trying to make an exit from the country, according to a report

In this new venture, HSBC collaborated with blockchain payment company FCF Pay, known for facilitating digital asset transactions for various companies worldwide. By integrating FCF Pay's payment processing system, HSBC can seamlessly and securely handle the conversion of crypto payments to fiat currency. A spokesperson from HSBC shared the motivation

Arkham’s deep-dive analysis has shed significant light on Coinbase’s digital asset holdings, demonstrating the scale and influence the company holds within the cryptocurrency industry. Their significant Bitcoin (BTC) holdings make them one of the most powerful stakeholders in the Bitcoin network. The revelation positions Coinbase at the center

The continuous rise in oil prices is a cause for concern for many, especially Americans who are bracing for the upcoming winter. The surge is making heating and transportation more expensive, putting further strain on households. The US, as one of the world's largest consumers of oil, is feeling the