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Canaan expects minor revenue drop in 2022 despite crypto mining crisis

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Crypto mining firm Canaan expects its annual RMB-denominated revenue to drop less than 15% despite the crypto market cap plummeting 70% in 2022.

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Coin Market

Sky reevaluates plan to offboard WBTC following discussion with BitGo CEO

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BA Labs, an advisor to DeFi lender Sky, says its concerns with Tron founder Justin Sun’s involvement in the custody of the Wrapped Bitcoin token have been addressed and new recommendations will be put to a vote on Oct. 3. 

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Coin Market

BlackRock's head of crypto doesn’t see Bitcoin as a ‘risk on’ asset

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Equities, unemployment, job numbers, or manufacturing really have no connection to Bitcoin, argues BlackRock’s head of digital assets.

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Coin Market

MoneyGram admits ‘cybersecurity issue’ behind dayslong outage

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MoneyGram’s services have been offline since Sept. 20, with the firm confirming the outage is due to a cybersecurity incident three days later.

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