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Texas heatwave triggers downward spiral in Bitcoin mining operations
Quick Take Bitcoin difficulty has seen a downward adjustment of 3% today. Remarkably, this marks the ninth negative adjustment in difficulty over the last year. Impacts of Texas Heatwave on Hash Rate The recent negative trend in difficulty adjustments can be partly attributed to the intense summer heatwave experienced in Texas. дальше »
2023-7-26 17:00 | |
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Binance Japan to Roll Out Services By August, CZ Reveals
Amid global expansion plans, Binance CEO Changpeng “CZ” Zhao announced that Binance is commencing operations in Japan by August. Before this development, the crypto firm acquired a 100% stake in Sakura Exchange Bitcoin (SEBC), a Japan-based crypto trading platform. дальше »
2023-7-26 00:00 | |
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Alchemix, Connext eye bridge security with xERC20 token standard
Alchemix and Connext say the new token standard will benefit token issuers. DeFi bridges suffered exploits that saw over $2 billion stolen in 2022. Multichain bridge, which recently announced it was ending operations, is among those to be drained this year. дальше »
2023-7-26 20:21 | |
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Worldcoin faces regulatory scrutiny amid community backlash on privacy concerns
Worldcoin’s (WLD) recent launch has drawn Britain’s regulatory scrutiny amid community concerns over its privacy issues. Reuters reported that a spokesperson for the Information Commissioner’s Office (ICO) acknowledged the project’s launch, adding that the regulatory body would inquire further about its operations. дальше »
2023-7-25 18:14 | |
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Solana-Based ATMTA’s Star Atlas Announces Restructuring and Staff Cut
ATMTA, a Solana-based Web3 gaming company that runs the popular Star Atlas game, has revealed a major restructuring of its operations in response to challenging market conditions. The companys CEO... дальше »
2023-7-26 14:22 | |
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First trades at Binance.US involved wash trading, WSJ alleges based on CZ memo
Some of Binance. US’ first cryptocurrency trades were conducted internally and constituted wash trading, the Wall Street Journal said on July 24. The Journal said that Binance. US saw $70,000 worth of Bitcoin trading over its first hour of operations in 2019. дальше »
2023-7-25 02:00 | |
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Ghost From the Well: Is Crypto Mining With Associated Gas Better for the Environment?
Oil and gas companies are keen to use gas that would normally be flared off to run bitcoin mining operations. But environmentalists claim the practice merely perpetuates the use of fossil fuels. дальше »
2023-7-25 20:19 | |
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PleasrDAO account compromised, losing over $1.2m
On July 19, the PleasrDAO’s head of operations announced a Twitter hack that resulted in the takeover of the organization’s account. Moreover, the head of operations Juan PaDulanto also noticed that the account of another team exec, Jamis, was taken… дальше »
2023-7-21 01:00 | |
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SENATOR Taps Ardor Blockchain To Establish Modern Urban Planning Policies
SENATOR is a European project leveraging blockchain technology for urban planning policies to sustainable and secure last-mile operations, with the help of four distinct governance schemes, major urban issues can be tackled through decentralization and transparency. дальше »
2023-7-20 21:27 | |
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With Regulatory Understanding, Bitcoin Mining Can Fuel Florida’s Energy Future
With a welcoming regulatory environment and burgeoning energy industry, Florida is an emerging hub for Bitcoin mining operations to flourish. дальше »
2023-7-21 15:00 | |
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Get paid by the second as token streaming looks to disrupt global liquidity
Payments could soon be streamed in real-time rather than paid out on a monthly or weekly basis, according to Maxime Desalle, Operations Lead at Sablier, in a recent talk at EthCC. Desalle discussed the concept of “token streaming” from the perspective of Sablier, a company aiming to provide more time-efficient and immediate access to funds. дальше »
2023-7-18 18:45 | |
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Multichain Failure Hits Fantom DeFi: Assets Depeg Amid TVL Decline
The cross-chain protocol Multichain's issues have disrupted Fantom's decentralized finance (DeFi) operations, causing asset depegging and project closures. Fantom's total value locked (TVL) has dropped by over 80%. дальше »
2023-7-17 19:23 | |
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Crypto lending protocol Geist Finances ceases operations after Multichain shutdown
Geist Finance has decided not to reopen after Multichain’s confirmation that the funds will remain unrecoverable. The unavailability of accurate valuation for Multichain assets due to the Chainlink oracles tracking real USDC, USDT, WBTC, or ETH values, has further contributed… дальше »
2023-7-15 02:42 | |
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Indonesia will launch a crypto exchange in July 2023
Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti) will open a national crypto exchange, the launch is scheduled for July 2023. After that, any trading operations with cryptocurrency in the country will be carried out only through this platform. дальше »
2023-7-15 18:16 | |
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Multichain halts operations following CEO’s arrest; MULTI plunges 15%
Cross-chain protocol Multichain (MULTI) is ceasing operations because CEO Zhaojun and his sister were “taken away” by the Chinese police, according to a July 14 statement on its official Twitter handle. дальше »
2023-7-14 17:32 | |
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Multichain Confirms CEO Arrest, Ceases Operations Indefinitely
Today, DeFi project Multichain has confirmed the arrest of its CEO Zhaojun and announced the cessation of its operations. This disclosure comes following the multi-million dollar exploit of the protocol’s bridges. дальше »
2023-7-14 17:00 | |
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Multichain halts operations following CEO arrest in China, lost access to servers
Multichain will be shutting down services as a result of the CEO “being taken away by the police” and the issues the team has faced afterwards. Multichain unable to access funds Multichain, a cross-chain protocol formerly known as Anyswap, took… дальше »
2023-7-15 16:30 | |
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Stablecoin TrueUSD Owner Techteryx to Take Full Control of Operation
Techteryx assumed "full management full management of all offshore operations and services related to TUSD," on July 13. дальше »
2023-7-14 14:35 | |
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Cross-chain bridge protocol Multichain ceases operations
Multichain protocol says its forced to cease operations due to recent events. CEO Zhaojun and his sister have reportedly been detained leaving the team with no operational funds. Multichain saw $125 million stolen on July 6, with blockchain security firm Chainalysis pointing to possible rug pull by insiders. дальше »
2023-7-14 14:01 | |
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Algorand’s defi protocol Algofi shuts down due to ‘confluence of events’
Algorand’s largest decentralized finance (defi) protocol Algofi will shut down as the platform says it is unable to maintain the highest standards following a “confluence of events.” Algofi sunsetting operations Algofi announced the news in a Medium blog post on… дальше »
2023-7-12 02:42 | |
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FCA shuts down 26 crypto ATMs in the UK, cites illegal operations
UK’s Financial Conduct Authority coordinated with other law administrations to investigate cryptocurrency ATMs across the region between May and June. Meantime, the regulator has suspended 26 crypto machines, citing illegal operations. дальше »
2023-7-12 12:27 | |
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Algorand’s largest DeFi protocol Algofi to shut operations
Algorand’s (ALGO) largest decentralized finance protocol, Algofi, will wind down because current events have made its continued operations non-viable, according to a July 10 statement. “A confluence of events has taken place that no longer makes building and maintaining the Algofi platform to the highest standards a viable path for our company. дальше »
2023-7-11 12:24 | |
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PancakeSwap aims to enhance platform availability with Google Cloud integration
PancakeSwap (CAKE) partners with Google Cloud to achieve high availability and faster operations. Since then, CAKE has hit the fourth spot on top gainers today with a 3. 8% price increase in the last 24 hours. дальше »
2023-7-11 03:08 | |
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Riot’s Power Strategy Pays Off: $10 Million In Revenue While Mining 460 Bitcoin In June
Riot Platforms, a leading Bitcoin mining and data center hosting company, has announced its unaudited production and operations updates for June 2023. Despite challenging conditions due to extreme heat and high power demand in Texas, the firm was able to mine 460 BTC while significantly leveraging its power strategy. дальше »
2023-7-8 23:00 | |
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This DeFi Protocol Was Forced to Halt Operations by the US Watchdog
Barnbridge DAO announces it will cease a number of key operations due to an SEC investigation. The post This DeFi Protocol Was Forced to Halt Operations by the US Watchdog appeared first on BeInCrypto. дальше »
2023-7-8 21:30 | |
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Multichain Halts Operations, Warning Users of Mysterious $126M Outflow
Multichain, a cross-chain bridge platform, has unexpectedly suspended its services and cautioned its user base against transacting after a staggering $126 million asset outflow. This exodus, initially reported by security... дальше »
2023-7-8 16:21 | |
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Riot leverages Texas power strategy to fund operations as BTC balance increases
Riot Platforms, Inc. recently reported its June 2023 Bitcoin mining performance, revealing that it produced 460 Bitcoin while executing an effective power strategy. The mining firm produced 40% fewer Bitcoin in June, mining just 460 BTC compared to 757 BTC in May. дальше »
2023-7-7 15:50 | |
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BarnBridge DAO Freezes Operations Amid SEC Probe, Can They Weather The Storm?
On July 6, Douglas Park, a lawyer representing the BarnBridge decentralized autonomous organization, shared important news with the members via the platform’s Discord channel. Park disclosed that the Securities and Exchange Commission (SEC) had initiated an investigation into BarnBridge DAO and individuals associated with it. дальше »
2023-7-7 15:30 | |
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Binance urges Dutch customers to move assets to Coinmerce before July 17 departure from the Netherlands
Binance is shuttering operations in the Netherlands after failing to secure a virtual asset provider license from the Dutch central bank. As part of its exit, Binance has offered to move users’ assets for free to rival crypto exchange Coinmerce, which has secured regulatory authorization to operate in the country. дальше »
2023-7-7 23:10 | |
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Bitcoin miners cash in on June price surge, selling thousands of BTC
Bitcoin (BTC) miners sold a significant amount of their mined Bitcoin in June to fund their operations, according to Glassnode data analyzed by CryptoSlate. According to the chart below, miners’ exchange flow peaked at 4,710 BTC on June 20—the highest rate of the past five years. дальше »
2023-7-6 17:00 | |
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South Africa to Require Crypto Licenses for Exchanges by 2023 End
South Africa plans to enforce licensing for crypto exchanges by the end of 2023, with potential actions against unlicensed operations including fines or closures. The post South Africa to Require Crypto Licenses for Exchanges by 2023 End appeared first on BeInCrypto. дальше »
2023-7-5 16:45 | |
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Global regulatory developments are literally reshaping the crypto world
As the world of cryptocurrency continues to evolve, so too does the regulatory landscape that governs it. In the United States, regulatory bodies are tightening their grip on crypto operations, while across the Atlantic, Europe is creating a more inviting environment for digital assets. дальше »
2023-7-5 00:30 | |
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SEC’s Authority In Question As Bittrex Challenges Crypto Regulation In Court
Bittrex, a cryptocurrency exchange that went bankrupt earlier this year, is challenging the U. S. Securities and Exchange Commission’s (SEC) authority to regulate its operations through securities violations. дальше »
2023-7-4 03:00 | |
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Europe Dominates Global Crypto Employment Landscape, Here’s Why
Patrick Hansen, Director of Strategy and Policy for Circle Internet Financial’s European operations, has underlined Europe’s predilection for embracing the crypto. The Circle executive explained that with an environment that’s not just “tolerant” but “proactive” in adopting digital currencies, Europe might hold the key to improving its “declining” economy. дальше »
2023-7-4 23:30 | |
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