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US Senator Applauds Bitcoin Mining’s Role In Bolstering The Economy And Grid
In an interview with Forbes, Texas Senator Ted Cruz voiced support for Bitcoin mining and affirmed that mining operations benefit the Texas economy and grid. Cruz admired the decentralized nature of cryptocurrency technology and talked about the financial freedom achieved through the uncontrollable nature of Bitcoin. дальше »
2023-9-9 18:30 | |
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Texas Bitcoin Miners Forced To Stop Operations Due To Energy Crunch
Bitcoin miners in Texas are facing a temporary setback as they power down their operations in response to the state’s ongoing energy crisis. The scorching heatwave that gripped the Lone Star State forced the Electric Reliability Council of Texas (ERCOT) to take drastic measures to ensure uninterrupted power supply to its 25 million customers, accounting […] дальше »
2023-9-9 15:30 | |
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Texas provides Riot $31.7m to halt Bitcoin mining amidst energy crisis
Texas Bitcoin miners have cut back 90% of their operations during the energy crisis after the state offered $31.7 million in energy credits. Amid an escalating power crisis driven by extreme weather conditions, Texas has turned to an unlikely ally… дальше »
2023-9-9 22:06 | |
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Coinbase prioritizes international expansion amid US litigation
Coinbase outlines a strategy for international growth, focusing on countries with clearer cryptocurrency regulations. Coinbase, a cryptocurrency exchange headquartered in the United States, has announced its intentions to concentrate its near-term operations in countries with more defined cryptocurrency regulations. In… дальше »
2023-9-8 19:09 | |
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CFTC Goes After Opyn, Other DeFi Operations in Enforcement Sweep
The Commodity Futures Trading Commission (CFTC) has charged three decentralized finance (DeFi) operations – Opyn, Inc., ZeroEx (0x), Inc. and Deridex, Inc. – with offering illegal derivatives trading, according to a Thursday statement from the agency. дальше »
2023-9-8 02:01 | |
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Miner capitulation risk still not elevated despite Bitcoin’s price drop
Quick Take Miner capitulation risk represents the potential for miners to cease operations due to unprofitability, leading to a significant reduction in hash rate. A drop in hash rate can further exacerbate selling pressure as miners liquidate their holdings to cover operational costs. дальше »
2023-9-7 14:00 | |
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Texas Bitcoin Miners Contend With Energy Overload: A New Model for Grid Resilience?
Texas' Electricity Reliability Council paid Bitcoin mining company Riot Blockchain $31. 7m to temporarily halt operations, potentially preventing a statewide blackout and demonstrating the role Bitcoin miners can play in grid stability. дальше »
2023-9-7 11:54 | |
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Genesis Global set to quit crypto spot trading business
Genesis Global Trading, an affiliate of Digital Currency Group (DCG), plans to cease its crypto spot trading operations this month due to undisclosed “business reasons.” This voluntary decision stems from a series of business considerations and follows the January bankruptcy… дальше »
2023-9-6 13:49 | |
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Genesis Global Trading ends U.S. over-the-counter trading ‘voluntarily and for business reasons’
Genesis Global Trading is set to shutter its operations later this month, according to an email sent to clients on Sept. 5 and confirmed in a comment to CryptoSlate. The decision to cease the over-the-counter trading platform on Sept. дальше »
2023-9-6 21:10 | |
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The House Always Wins: Crypto Casino Resumes Operations After $41 Million Hack
On Monday, August 4, 2023, one of the world’s leading crypto casinos Stake, owned by Australian Billionaire Ed Craven, reportedly experienced a massive $41 million hack across several blockchains. дальше »
2023-9-6 20:00 | |
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P2P requests $1.5m funding to sustain Lido on Solana
The P2P team managing Lido Finance’s operations on Solana submitted a funding proposal to sustain Lido’s liquid staking service on the layer-1 decentralized network. A proposal submitted by Yuri Mediakov and the P2P team suggests two options: the Lido DAO… дальше »
2023-9-6 17:49 | |
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FTX’s advertising under scrutiny as DOJ questions FTX.US separation
The US Department of Justice (DOJ) is scrutinizing the advertising strategy of the now-bankrupt crypto exchange, FTX, as it alleges a blurred distinction between the company's US and international operations. дальше »
2023-9-4 16:38 | |
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Kava Chain Now Live on Fireblocks, Opening Cosmos DeFi to Institutional Investors
Kava Chain, a decentralized Cosmos-Ethereum interoperable Layer 1 blockchain, is now available on Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain. дальше »
2023-9-4 05:35 | |
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Decentralized Cosmos-Ethereum interoperable Layer 1 blockchain, Kava Chain now available on Fireblocks
On Fireblocks, an enterprise platform to manage digital asset operations and create cutting-edge enterprises on the blockchain, Kava Chain, a decentralized Cosmos-Ethereum interoperable Layer 1 blockchain, is now accessible. дальше »
2023-9-3 20:55 | |
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Kava Chain Now Live on Fireblocks, Opening Cosmos DeFi to Institutional Investors
Georgetown, Cayman Islands, September 1st, 2023, Chainwire Kava Chain, a decentralized Cosmos-Ethereum interoperable Layer 1 blockchain, is now available on Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain. дальше »
2023-9-2 19:48 | |
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Bitcoin Mining Firm’s Tire Burning Plan Gets Flak From Environmental Groups
A Bitcoin mining company has come under fire for seeking approval to utilize tire-derived fuel to power its crypto mining operations in Nesquehoning, Pennsylvania. The contentious decision has set environmental advocacy groups and the company on opposing fronts, highlighting the ongoing tension between technological advancements and sustainability efforts. дальше »
2023-8-31 13:30 | |
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Why Uniswap's legal victory may seem hollow for hopeful UNI holders
Class action suit against Uniswap tossed out after failing to secure merit. Assessing the impact of the lawsuit on Uniswap’s operations. The crypto world, and more specifically DeFi has seThe post Why Uniswap's legal victory may seem hollow for hopeful UNI holders appeared first on AMBCrypto. дальше »
2023-8-31 07:30 | |
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SEBA Bank’s Hong Kong Arm Gains Regulatory Nod for Bitcoin and Crypto Operations
SEBA Bank’s subsidiary in Hong Kong has achieved a significant milestone, receiving in-principle approval from the Hong Kong Securities and Futures Commission (SFC). This tentative green light allows SEBA Hong Kong to engage in a range of crypto-focused financial activities. дальше »
2023-8-30 09:03 | |
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Binance Directs Belgian Users To Polish Arm Following Regulatory Clampdown
Prominent cryptocurrency exchange Binance has devised a strategy to save its Belgian market following a suspension order by Belgium’s financial market regulator in June. The world’s largest exchange was ordered to cease its operations in Belgium because it offered crypto services from countries outside the European Economic Area (EEA). дальше »
2023-8-30 01:00 | |
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Shibarium hits 100k wallets milestone amid relaunch
Shibarium, Shiba Inu’s (SHIB) recently introduced layer-2 blockchain, has hit the 100k wallets milestone. In an Aug. 28 blog post, Shytoshi Kusama, the lead developer and co-founder of Shiba Inu, announced the resumption of Shibarium’s operations. 35,000 wallets went live… дальше »
2023-8-29 16:59 | |
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Bitcoin Miner Revenue Rapidly Falling, What Happens Next?
Bitcoin miners are churning less in revenue, looking at trackers on August 28. According to Hashrate Index data, a platform that tracks the correlation between hash rate and revenue accrued by miners over time, income generated from Bitcoin mining operations is at near record lows. дальше »
2023-8-29 03:00 | |
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Oman Makes Big Investments in Bitcoin Mining Operations, But Is It Sharia Compliant?
Coinspeaker Oman Makes Big Investments in Bitcoin Mining Operations, But Is It Sharia Compliant? Oman disclosed a partnership of $300 million with Abu Dhabi's Phoenix Group to establish a 150-megawatt crypto mining facility in collaboration with Green Data City. дальше »
2023-8-28 13:48 | |
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Shibarium resumes operations as developers fix issues, reopens withdrawals
Shibarium mainnet and its bridge has been reopened. SHIB's price continues to plummet as demand dries up. The developers of Shibarium, Shiba Inu’s [SHIB] designated Layer 2 (L2) blockchaThe post Shibarium resumes operations as developers fix issues, reopens withdrawals appeared first on AMBCrypto. дальше »
2023-8-28 12:00 | |
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Ethereum Boosted By $20M Purchase By OnlyFans’ Parent Firm
In a strategic move that underscores the growing integration of crypto into mainstream business operations, Fenix International Limited, the parent company of the adult content subscription platform OnlyFans, has made a significant investment in Ethereum (ETH). дальше »
2023-8-28 08:30 | |
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US drug regulator mistakenly sent $55k to scammer
US Drug Enforcement Administration (DEA) mistakenly transferred $55,000 to a crypto scammer, exposing vulnerabilities even amidst high-security operations. The scam was uncovered when the US Marshals Service detected the incident. дальше »
2023-8-25 12:44 | |
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Chinese Filecoin Mining Firm Faces $83.3 Million Controversy; Traders Predict a Meteoric Rise for Ethereum (ETH) And InQubeta (QUBE)
Shenzhen Shikongyun Technology, a prominent Filecoin (FIL) mining company in China, is facing serious allegations of gross misconduct and misdeeds brought forward by users. This distressing situation has prompted a comprehensive investigation into the operations of Filecoin. дальше »
2023-8-25 11:00 | |
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Ark Invest, 21Shares Jump On The Ethereum Futures ETF Bandwagon
Ark Invest and 21Shares have filed with the SEC to launch an Ethereum Futures ETF, with 21Shares managing the fund's operations. Six other companies are also seeking approval for similar ETFs. The post Ark Invest, 21Shares Jump On The Ethereum Futures ETF Bandwagon appeared first on BeInCrypto. дальше »
2023-8-25 06:02 | |
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1inch Launches DEX Aggregation Protocol On Base Network
Decentralized exchange (DEX) aggregator 1inch Network has announced the expansion of its operations to Coinbase’s Ethereum layer 2 (L2) network, Base. 1inch’s Aggregation And Limit Order Protocols Go Live On Base In a blog post published on Thursday, August 24, 1inch disclosed the deployment of its aggregation protocol and limit order protocol on the Coinbase-incubated Base network. дальше »
2023-8-25 03:00 | |
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Binance accused of hiding names of sanctioned Russian banks behind color codes
Binance reportedly renamed sanctioned Russian banks on its peer-to-peer (P2P) platform to allow them to continue operations, local media RBC-Crypto reported on Aug. 23. According to the report, Binance renamed the bank cards for Sber and Tinkoff to “green” and “yellow” local cards on its payment options for P2P trading. дальше »
2023-8-25 20:30 | |
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Kenya’s 17-Member Committee Officially Kicks Off Investigation Into Worldcoin
The Kenyan government has set up a 17-member committee to investigate the operations of American-based cryptocurrency firm Worldcoin, due to its collection of biometric data not satisfying Kenya’s data privacy laws of the country. дальше »
2023-8-23 17:50 | |
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Chinese Party Official Receives Life Sentence for Supporting Bitcoin Mining Operations
Former Chinese party official, Xiao Yi, received a life sentence for bribery and abuse of power, including supporting Bitcoin mining operations, causing "heavy losses" to public property and national interests. дальше »
2023-8-23 08:30 | |
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Custody Giant Prime Trust Files For Chapter 11 Bankruptcy But Says It Will Continue Operations
Virtual currency custody solutions provider Prime Trust has filed for Chapter 11 bankruptcy following a liquidity crisis that community members say has been brewing for several months. The company made the filing on August 14, noting that the bankruptcy procedure will “provide a transparent and value-maximizing process for the benefit of the Company’s clients and […] дальше »
2023-8-22 21:29 | |
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Binance US collaborates with MoonPay amidst regulatory pressures
Binance.US has partnered with the payment startup to facilitate dollar transactions for its users. Facing mounting legal and regulatory challenges, Binance.US has sought a new alliance to address the ongoing monetary transaction issues that have plagued its operations. As part… дальше »
2023-8-23 21:12 | |
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Facebook Thailand Operations In Jeopardy Due To Claims Of Crypto Scams, Deceptive Ads
To take action against crypto scams, Thailand is on the brink of unleashing a dramatic move against tech titan Facebook. The Ministry of Digital Economy and Society (MDES) has unveiled a formidable plan to obtain a court-issued shutdown order against Facebook, unless the social media giant takes swift action to quell the surge of fraudulent […] дальше »
2023-8-22 20:00 | |
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Shiba Inu Lead Dev Reveals When Shibarium Will Relaunch For Public
Following the abrupt halt in operations due to unanticipated high traffic immediately after its mainnet launch, the layer-2 network of Shiba Inu, Shibarium, is reportedly making its way towards a public relaunch tomorrow. дальше »
2023-8-22 09:00 | |
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Circle and Coinbase to dissolve Centre; USDC will remain fully available
Coinbase and Circle said in a blog post on Aug. 21 that Centre — the consortium originally responsible for the USDC stablecoin — will be dissolved. The two companies said that Centre will end its operations due to changing regulatory conditions. дальше »
2023-8-22 03:30 | |
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NFT platform Recur shuts down less than 2 years after $50M financing round
Recur announced the gradual wind down of its operations and functionality on August 18, 2023. All NFT activity will be disabled by November 16, with metadata migrated to IPFS. The startup had secured a $50 million series A funding round in 2021. дальше »
2023-8-22 00:06 | |
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Steve Cohen-backed NFT Platform Recur to Close Doors After Raising $50M Just 2 Years Ago
Recur, a prominent NFT platform backed by hedge fund mogul Steve Cohen, has decided to wind down its Web3 platform operations, despite having raised $50 million in a series A funding round in late 2021 at a valuation of $333M. дальше »
2023-8-22 22:06 | |
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Recur announces phased shutdown of NFT platform
NFT platform Recur has revealed plans to cease operations less than two years after securing $50 million in a Series A funding round. The company has detailed a structured shutdown of the platform, commencing with the suspension of primary and… дальше »
2023-8-21 16:42 | |
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HashKey exchange set to debut retail crypto trading services in Hong Kong on Aug. 28
Hong Kong’s first licensed retail virtual asset exchange, HashKey, is geared to commence operations on Aug. 28 during a live launch event, marking a significant milestone. This launch brings to the fore the implications of recent regulatory advancements in Hong Kong’s rapidly evolving crypto landscape, arriving on the heels of Hashkey’s upgrade in its Type […] The post HashKey exchange set to debut retail crypto trading services in Hong Kong on Aug. 28 appeared first on CryptoSlate. дальше »
2023-8-21 11:03 | |
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SEC And South Korea Are Tag-Teaming Against Terraform Labs, Here’s Why
The United States Securities and Exchange Commission (SEC) has doubled its investigation efforts on Terraform Labs by teaming up with the South Korean government to gather more evidence into Terraform Labs’ operations. дальше »
2023-8-19 23:00 | |
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Shiba Inu devs unveil Shibarium scaling plans amid technical challenges
Shiba Inu (SHIB) developer Kaal Dhairya has outlined strategies and plans for scaling operations on Shibarium in response to the network’s growing traffic bottlenecks. Dhairya recently provided insights into the platform’s technical issues after the Polygon-based network experienced an unexpected… дальше »
2023-8-19 17:07 | |
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Tether halts support for Kusama, Bitcoin Cash SLP and Omni Layer
Key takeaways Stablecoin issuer has discontinued support for Omni and Kusama. Omni was the first transport layer that Tether used in 2014. Tether makes strategic changes to its operations Stablecoin issuer Tether announced on Thursday, August 17th, that it would discontinue support for Kusama, Bitcoin Cash SLP and Omni Layer. дальше »
2023-8-18 19:35 | |
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Tether CTO Paolo Ardoino says Bitcoin mining needs better analytical tools
Stablecoin issuer Tether is building specialized Bitcoin mining software aimed at using data analytics to optimize mining operations and boost production, Chief Technology Officer Paolo Ardoino says. дальше »
2023-8-18 17:25 | |
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