Ukraine Shuts Down Illegal Mining Farm With 150 Rigs
Law enforcement officials in Ukraine have closed down a cryptocurrency mining farm that was minting digital coins using stolen electricity....
Month: July 2021
Is Bitcoin in danger of losing $30K with Grayscale’s big GBTC unlocking in two weeks?
Bitcoin prices remain under pressure in the $30,000-$40,000 zone as traders brace for the 16,000 BTC worth of GBTC shares...
Trustless bridges may be the key to blockchain interoperability
The arrival of interoperable solutions will be an opportunity for a positive shift in the public’s perception of blockchain. Crypto...
Bitcoin mining difficulty just fell by a record 28% — But will this help BTC price recover?
The ratio of Bitcoin price to hash rate presents bulls with a long wait, as hash rate is still migrating....
Binance Deploys Crypto Monitoring ‘Traveler’ System to Comply With FATF Travel Rule
Binance announced yesterday it deployed Ciphertrace’s Traveler system as part of its compliance efforts. Traveler is the first system designed...
Bitcoin Blocks Will Soon Be 27% Easier to Find — Miners Brace for the Largest Difficulty Drop in BTC’s Lifetime
Bitcoin, the leading crypto asset in terms of market capitalization, has seen the cryptocurrency’s network hashrate drop considerably during the...
US State Department Official Wants El Salvador to ‘Ensure Bitcoin Is Well Regulated’
The U.S. Department of State’s undersecretary of state for political affairs, Victoria Nuland, has explained during a press conference that...
Bank of Russia to Study Risks of Crypto Investing With Banks and Payment Providers
The Central Bank of Russia (CBR) has set out to examine the risks associated with cryptocurrency investments. The regulator is...
Venezuela to Slash Six Zeros From Its Currency to Facilitate Payments
The government of Venezuela is considering a new redenomination of its fiat currency. The proposal that is under study would...
Skybridge Capital Launches Ethereum Fund — Ether ETF Filing to Follow
Asset management firm Skybridge Capital has launched an ethereum fund, CEO Anthony Scaramucci has confirmed. He added that the asset...
BIS Economist Recommends ‘Technology-Neutral’ Crypto Regulation, Low-Cost Supervision of Decentralized Markets
An economist with the Bank of International Settlements has found that cryptocurrencies are not sought as an alternative to fiat...
ETH 2.0 Contract Exceeds 6 Million Ether, Data Shows Ethereum Outperformed BTC in Q1 and Q2
Statistics show that the Ethereum 2.0 deposit contract has exceeded 6 million ether this week as more than $12.4 billion...
Fed chair met with Coinbase CEO Brian Armstrong and former House speaker in May
Armstrong said he had spoken about China’s central bank digital currency with lawmakers and heads of federal agencies, believing it...
Altcoin Roundup: Smart investors don’t just buy dips, they dollar-cost average
The crypto market may be down from its all-time highs, but dollar-cost averaging is still the best way to build...
Cambridge and IEA data shows bitcoin carbon intensity peaked last year
Worst case projections seem to suggest that bitcoin emissions will be down by more than two-thirds in five years. According...
