Category News

Crypto Exchange Huobi Delists Its HUSD Stablecoin

Crypto exchange Huobi Global is cutting ties with its closely linked stablecoin, the troubled asset HUSD. In a notice to users, Huobi, the top trading venue for the $219 million market-cap stablecoin, cited its rules for performing “regular inspection” on listed assets.

How ethereum’s merge made crypto mining more sustainable

After years of anticipation, the cryptocurrency ethereum finally implemented a major network upgrade that completely changes how the blockchain verifies transactions, mints new coins and secures its network. Called proof-of-stake, this system has reduced ethereum’s energy consumption by more than 99%.

If Walmart Is Serious About Crypto, Bitcoin Might Soar

Bitcoin (BTC 3.32%) as a payment option could be going mainstream faster than you may think. Speaking at Yahoo Finance's All Markets Summit, Suresh Kumar, the global chief technology officer of Walmart (WMT -0.05%), discussed some of the ways the giant retailer is planning to make crypto a key part of its future payments strategy

France to Explore Crypto Tax Treatment Next Year

France will review its crypto tax rules next year as it seeks to become the world’s leading blockchain hub – and won’t seek to simply replicate existing norms for stocks, Finance Minister Bruno Le Maire told local media in an interview published Monday.

Why Are So Many Crypto Execs Leaving?

Management shake-ups are hitting crypto in what some are calling crypto’s “great resignation.” On Monday it was announced Gemini co-founder Cameron Winklevoss – twin of Tyler – is stepping back as a director of Gemini Europe.