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Bithumb Korea Reports Operational Losses Due to Declining Crypto Trading Volume
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Bithumb Korea Reports Operational Losses Due to Declining Crypto Trading Volume

Bithumb Korea reported a Q2 operational loss of KRW 3.442 billion in 2023, down from a KRW 38.42 billion profit last year. The decline is attributed to reduced crypto trading volumes and fee income. The exchange is now offering no-fee events to boost activity.

Ethereum Classic Surges Unexpectedly amid Ethereum Upgrade
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Ethereum Classic Surges Unexpectedly amid Ethereum Upgrade

The layer 1 blockchain protocol, Ethereum Classic, has climbed more than 124% over the last two weeks and the computing power of the whole ETC network is 23.55TH/s, with a monthly increase of 13.98%.

Grayscale's Parent Company DCG Plans to Purchase $50M Shares of Ethereum Classic Trust
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Grayscale's Parent Company DCG Plans to Purchase $50M Shares of Ethereum Classic Trust

Digital Currency Group (DCG), the parent company of the cryptocurrency asset management company Grayscale, announced the firm will buy Grayscale Ethereum Classic Trust shares with a total value of $50 million.

Ethereum Classic (ETC) Price Analysis - April 7, 2021
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Ethereum Classic (ETC) Price Analysis - April 7, 2021

Ethereum Classic (ETC) has experienced a substantial price increase of 55.52% in the past week. Currently, ETC is suffering from strong selling Pressure.

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