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Bitcoin Dominance Slides Below 40% for First Time in 6 Months


During the last week, the price of bitcoin has been hovering below the $60K range and digital currency advocates are wondering which way the market is headed next. At the time of writing, the crypto economy is valued at $2.81 trillion and bitcoin’s market dominance has sunk below the...

Kyrgyzstan Shuts Down Cryptocurrency Farm With 2,500 Mining Rigs


Authorities in Kyrgyzstan have uncovered and shut down a large crypto mining farm in the north of the country. Law enforcement officials claim the illegal coin minting facility has inflicted “colossal damage” to the nation’s power grid and that they are still trying to estimate...

Local Council Member in Ukraine Declares 124 BTC and 500 Tesla Shares


A government official in Rivne region of Ukraine owns close to $8 million in cryptocurrency and 500 Tesla shares, his declaration shows. The news comes as another Ukrainian lawmaker in Kyiv has found it hard to prove possession of the crypto holdings on her asset statement. Ukraine Officials...

Cryptocurrency ATM Boom Comes to Colombia


While Colombia is not a country that has embraced cryptocurrencies compared to Venezuela or some African countries, it is the country with the second most cryptocurrency ATMs in the Latam region. The reason behind this could be that Colombia has a high percentage of cash usage. This makes...

Level of LatAm Crypto Interest is Lowest in Chile, Survey Finds


conducted by the LatAm-focused PR agency Sherlock Communications, 2,700 people from across the region were surveyed, with a focus on Argentina, Brazil, Colombia, Mexico, and Chile.But while just 74% of Chileans said they “recognized” BTC, that number was as high as 92% in Argentina.In

Abkhazia Seizes 6,000 Mining Devices but Fails to Disrupt Crypto Mining


Authorities in Abkhazia have confiscated thousands of mining machines, closing down all large crypto farms, yet they have admittedly failed to put an end to illegal mining operations. The breakaway republic of Georgia has been struggling with power shortages blamed on underground miners. 30,000...

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