Crypto exchange Binance announced on Sept. 22 the formation of its new Global Advisory Board (GAB), a strategic council of experts to advise Binance on the regulatory, political and social issues faced by the crypto industry. Former US Senator Max Baucus will lead the Board, alongside a former Obama advisor and policy experts from around…

A fraternity-based approach to mine crypto, mining pools let miners combine their computational resources for a better chance to win rewards — describes Murtuza Merchant on Cointelegraph. In the early days of Bitcoin (BTC), crypto enthusiasts only required a basic personal computer with an internet connection to generate new BTC tokens through a distributed computing…

Compute North, the US-based Bitcoin mining hosting provider, has filed for Chapter 11 bankruptcy protection in a federal court, citing the decline in Bitcoin pricing and power costs rising. In addition to general market conditions, a shift in the relationship with its biggest creditor, Generate Capital, led the firm to enter the Chapter 11 process….

Tether, the company that powers the largest stablecoin by market cap and the 3rd largest cryptocurrency, announced the launch of Tether (USDT) on Polkadot. The launch will allow Tether to move in and out of the Polkadot network. Tether, the largest stablecoin on the market, continues to expand its footprint in decentralized ecosystems with the…

Cardano, the world’s 5th-largest cryptocurrency with a market cap of $15 billion, successfully deployed a highly-anticipated upgrade – ‘Vasil’ – on Sept. 23, aiming to improve network throughput and smart contract performance for DeFi Apps. The performance improvements are expected to benefit decentralized finance applications (dApps) built on Cardano, and some of them are set…

Jesse Powell, CEO of crypto exchange Kraken, is stepping down. David Ripley, currently serving as Kraken’s COO, will take his place in the coming months. Despite a history of controversial public remarks, Powell has denied that these controversies spurred his stepping down. As Fortune reported, Powell will continue to serve as chairman of the board…