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The Bitcoin miner received a letter from the SEC on Feb. 22 which highlighted accounting mistakes it made on multiple financial disclosures. Bitcoin (BTC) miner Marathon Digitial will reissue a number of previous financial statements after the Securities and Exchange Commission (SEC) pointed out some accounting errors the firm made. According to a Feb. 27 SEC filing, Marathon will restate its unaudited Q1, Q2, and Q3 quarterly reports from both 2021 and 2022 in addition to its audited annual report from 2021. Marathon noted that affected financial statements, related earnings releases and other financial communications during these periods “should not be relied upon.” The issues highlighted by the SEC were Marathon’s method for calculating impairment on digital assets, as well as Marathon’s determination that it had acted as an agent while operating a Bitcoin mining pool rather than a principal. A principal is an entity that has the legal authority for decisions, while an agent is a

Last week, Ethereum core developer Tim Beiko announced a new date for the Shapella network upgrade. Since then, the community has been eagerly awaiting for the same to transpire. On Tuesday, Feb. 28, the network upgrade was initiated at epoch 56832 at 4:04 UTC. By 4:17 UTC, it was finalized. Members of the community took to Twitter to confirm the development. The team lead at N ETH ermind, an Ethereum and StarkNet research and engineering company tweeted, “ Sepolia Shapella has been success fully activated.” Sepolia Shapella has been successfully activated 🎉 🔜 Goerli 🔜Mainnet pic.twitter.com/852fGttPmH — Marek Moraczyński (@M25Marek) February 28, 2023 Also Read – How to Stake Ethereum [2023] Paritosh Jayanthi, DevOps at the Ethereum Foundation, affirmed that the latest upgrade has brought the network a step closer to its Shanghai upgrade. After one more testnet execution on Goerli, the mainnet upgrade will take place. Shapella is live and finalized on Sepolia #Sep

DYDX price broke free on January 1, embracing an uptrend that catapulted the price 143% to a high of $2.62 on January 30. The next day, the price jetted 42% with an astonishing trading volume to close the month at a high of $3.37. At the beginning of February, DYDX price established the flag post of a bullish technical formation, 274.97% above the yearly lows of $1.093. The price action since February 1, defined by altercations between bulls and bears, has led to the formation of a bullish flag pattern. Bulls now look to scale an 80.32% move to new range highs. At the time of writing, the DYDX token was trading at $2.829 after losing 1.25% on the last day. The token’s market cap had also plummeted around 1.3% to $437.9 million. Trading activity declined 33.15% in the last 24 hours to $107.6 million. Still, DYDX featured among CoinMarketCap’s top 100 at #93. dYdX Epoch Review: Community And Ecosystem Updates The dYdX ecosystem recently released the 20 th edition of its Epoch review

Feb 26, 2023 at 08:30 // Price Author Coin Idol The price of Solana (SOL) is currently falling as it breaks below the moving average lines. Solana price long term forecast: bearish The altcoin hit a low of $22.61 and is currently trading above the 50-day line SMA. Solana is thus trading between the moving average lines. If the altcoin is to gain momentum, the moving average lines must be broken. The current slump has brought the market to its oversold point. The coin is showing a long candle tail in the lower period. This indicates strong buying at lower price l

Join Our Telegram channel to stay up to date on breaking news coverage The Terra Classic price prediction shows that LUNC begins to gain strength as the coin moves to cross above the moving averages. Terra Classic Prediction Statistics Data: Terra Classic price now – $0.000165 Terra Classic market cap – $968 million Terra Classic circulating supply – 5.9 trillion Terra Classic total supply – 6.8 trillion Terra Classic Coinmarketcap ranking – #54 LUNC/USD Market Key Levels: Resistance levels: $0.000220, $0.000240, $0.000260 Support levels: $0.000120, $0.000100, $0.000080 LUNCUSD – Daily Chart LUNC/USD is beginning to refresh to the upside as the coin trades at $0.000165 intending to cross above the 9-day and 21-day moving averages. Meanwhile, the Terra Classic price is likely to create additional gains as the higher resistance may come in the next positive direction. Terra Classic Price Prediction: Terra Classic Price May Spike to the Upside The Terra Classic pri

Join Our Telegram channel to stay up to date on breaking news coverage Dogecoin price seems unbothered by Elon Musk’s latest “doge” reference on Twitter. In a Wednesday Tweet, the SpaceX, Tesla, and Twitter CEO said that it had come a time for him to confess “I let the Doge Out”, challenging Twitter’s Community Notes to fact-check him in a follow-up tweet. Fact check me @CommunityNotes — Elon Musk (@elonmusk) February 22, 2023 DOGE reacted to the tweet by spiking momentarily, rallying 6.5% from $0.0829 to $0.0886. A good share of these gains has since been lost as the meme coin came under pressure on Thursday in tandem with the wider crypto market.   This is proof that Musk is losing the ability to impact a sustained Dogecoin price recovery. The billionaire has advocated for Dogecoin since 2021 and, after taking over Twitter last year, many expect DOGE to be integrated into a possible Twitter payments system in the future. The social media giant has said that any future in

JP Morgan is planning to open a cryptocurrency lab in Athens, Greece. The announcement was made by the banking giant‘s decentralized finance platform Onyx‘s head, Tyrone Lobbam. Lobbam mentioned that building blockchain-related features to serve Onyx will be the initial priority of the new lab. The facility will also concentrate on data security and encryption. According to Lobbam, the new lab will have four engineering positions. There will be two full-stack developers, a technical manager for the launch, and an engineer for mobile apps. The engineers will concentrate on three main topics: artificial intelligence, distributed ledger technology, and crypto graphy. Apart from the lab development, JP Morgan has increased hiring for digital asset jobs. The bank’s Onyx blockchain division has about 15 available roles in New York, India, and Greece. Why is JP Morgan making such cryptocurrency-friendly moves? JP Morgan has adamantly opposed crypto currencies in the past. The ban

OpenAI grabbed global attention as its creation, ChatGPT , created commotion in the market. With the expertise of several engineers and developers, OpenAI gave life to ChatGPT , which has emerged as one of the most widely-used and advanced language models globally. Also read: Dogecoin Price Prediction for March 2023 Now, according to the latest data, it has come to light that OpenAI has hired numerous former employees of Meta and Google to create the AI bot. JUST IN: ChatGPT -creator OpenAI hires former Google $GOOGL employees. — Watcher.Guru (@WatcherGuru) February 22, 2023 OpenAI nearly hired around 100 employees from Google and Meta combined The latest data from LeadGenius and Punks & Pinstripes reveals that OpenAI currently has 59 ex-employees from Google and 34 from Meta. Over 200 employees also hail from Google’s parent company, Alphabet. The data also reveals that the employee pool consists of former Apple and Amazon staff. Also read: Scam ChatGPT Tokens H

The CEO of crypto exchange Kraken, Jesse Powell, says U.S. regulators “let the bad guys get big and blow up because it serves their agenda.” The executive explained: “Bad guys operate with huge competitive advantages. They suck up users, revenue, and venture capital that would otherwise have gone to good guys.” Kraken’s CEO Has a Theory on U.S. Crypto Regulation The chief executive of cryptocurrency exchange Kraken, Jesse Powell, took to Twitter Sunday to express his opinion regarding crypto regulation in the United States. The executive began: I have a theory: Regulators let the bad guys get big and blow up because it serves their agenda. Powell proceeded to name three goals he believes regulators are trying to achieve. The first is to “destroy capital/resources in [the] crypto ecosystem,” he wrote. The second is to “burn people, [and] deter adoption,” he continued, adding that the third is to “give air cover to attack good actors.” The Kraken boss asserted that for regulators: “

Join Our Telegram channel to stay up to date on breaking news coverage Advocates and enthusiasts in the crypto industry frequently highlight the potential for disruption across various sectors by eliminating intermediaries and associated fees and delays. Among the industries mentioned for potential transformation, real estate stands out as one of the oldest and most cumbersome due to the lengthy bureaucratic processes and paperwork that potential investors must endure. Addressing these challenges is the goal of Metropoly, an NFT project seeking to revolutionize how real estate operates by leveraging digital technology. This article explores how Metropoly operates and how users can benefit from its platform, including opportunities for passive income. The Real Estate Industry Needs a Change In 2021, the global real estate market was valued at $6.8 trillion, exhibiting a compounded annual growth rate (CAGR) of 1.9%. This growth trend is projected to continue, making it a desirab

“Adoption of 100% Bitcoin won’t be a Sri Lanka reality ever,” the Governor of the central bank said . The Governor of the Central Bank of Sri Lanka, Nandalal Weerasinghe, turned down Tim Draper’s idea to use bitcoin to get rid of corruption in the country. The banker said that using the most popular cryptocurrency could hurt the economy of the country. Rejecting The Idea Of Bitcoin The American venture capitalist recently went to Sri Lanka to film an episode of his TV show, “Meet the Drapers.” He also talked with the President of the country, Ranil Wickremesinghe, and the Governor of the central bank, Nandalal Weerasinghe, about the financial crisis going on in the area and possible ways to fix it. Draper said that Sri Lanka has become a “corruption capital” and suggested that the country should switch to bitcoin to get back on track. “Have you seen Sri Lanka in the news? It’s known as the corruption capital. A country known for corruption will be able

Now that Bitcoin is trading above $20,000, a crypto strategist that many people pay attention to is giving Bitcoin a positive outlook. Cheds, a fake analyst, tells his 297,300 Twitter followers that Bitcoin could be about to have a big rally because BTC is about to print a bullish reversal structure. “Above $18,200 opens up the possibility of an inverse head and shoulders complex, multiple shoulders (or wide left) and head with neck-base at $25,500.” Source: Cheds/Twitter Based on the trader’s chart, he thinks Bitcoin could go as high as $37,000 if it breaks through the resistance at $25,500. This would be an increase of over 75% from where it is now. Cheds also says that traders might chase Bitcoin rallies out of fear that they will miss out. The crypto analyst says that Bitcoin’s ability to close above the 200-day moving average is a sign of its strength. “Legit surprised by the strength [of] BTC. Gotta respect the pump.” Cheds thinks that

BTC’s shallow correction near the $25,000 level could lead to dip buying in FIL, OKB, VET and RPL. The Dow Jones Industrial Average fell for the third consecutive week but Bitcoin (BTC) price decoupled and is on track to close the week near the strong overhead resistance at $25,211. This suggests that the wider crypto market recovery is on a strong footing. After Bitcoin’s sharp rally from the lows, analysts remain divided in their opinion about its next move. Some traders believe that the current Bitcoin rally will turn down once again, while others expect the momentum to continue, starting a new bull phase. Crypto market data daily view. Source: Coin360 Chances are that Bitcoin and several other cryptocurrencies will continue to rally until a vast majority of the bears turn bullish. After that happens, a sizable dip is likely. That could shake out several weak hands and give an opportunity to the stronger hands to add to their positions. A higher low followed by a higher high may c