daily crypto news
🇯🇵 Japanese internet giant GMO is leaving the crypto mining industry due to extraordinary loss of JPY 35.5 billion and will discontinue manufacture of all mining equipment.
🇮🇳 According to a recent report, the Indian government might legalize cryptocurrencies, but with strict regulation attached.
❎ The Singapore-based cryptocurrency exchange KuCoin has delisted 10 crypto tokens, that have not met strict set of operational criteria.
🖊 Bear market has triggered a rise of M&A activity among crypto companies with good liquidity, that have been acquiring numerous successful startups throughout the year.
📉 Prominent crypto investor Kyle Samani believes that major layoffs at Bitmain might be followed by a dump of company's crypto stockpile, which includes a massive number of Litecoin and Bitcoin Cash.