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China Fines Bitmain $3.6 Million for Tax Violations, Report
13.4.2023
Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty comes amid increasing tax checks in the digital asset sector, according to information from the crypto community. Bitmain Fined for Failing to Pay Income...
G7 to Discuss More Crypto Regulation and How to Help Developing Nations Introduce Central Bank Digital Currencies
13.4.2023
The G7 countries are discussing more crypto regulation and ways to help developing nations introduce central bank digital currencies (CBDCs). “As a priority of this year, the G7 will consider how best to help developing countries introduce CBDC consistent with appropriate standards, including...
Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure
12.4.2023
According to a recent announcement from Binance US, the American-based subsidiary of the largest cryptocurrency exchange by volume, the exchange plans to delist the cryptocurrency asset tron. The news follows Binance’s being sued by the U.S. Commodity Futures Trading Commission (CFTC),...
Chainalysis and Calgary police launch cryptocurrency investigation center
12.4.2023
Calgary’s police department has launched the Western Canada Cryptocurrency Investigations Centre, in partnership with blockchain data firm Chainalysis
Warren Buffett Likens Bitcoin to Gambling and Chain Letters in Recent Interview
12.4.2023
Finance mogul Warren Buffett, one of the most successful investors in history, discussed bitcoin during an interview on CNBC’s Squawk Box on April 12. As he has done in previous interviews, the business magnate likened bitcoin to a gambling scheme and chain letters he received as a child....
FTX has recovered $7.3B in assets, will consider rebooting exchange in Q2 2023
12.4.2023
Sam Bankman-Fried's failed cryptocurrency exchange filed for bankruptcy in November 2022 and has since been mired in court proceedings
Market update: SOL, DOT, and TOADS price projection April 2023
12.4.2023
As we venture into April 2023, the dynamic cryptocurrency landscape presents diverse investment opportunities. In this market update, we turn our attention to three top crypto coins – Solana (SOL), Polkadot (DOT), and the up-and-coming meme coin, DigiToads (TOADS) – offering an in-depth analysis...
US Consumer Price Index Rises 0.1% in March, Annual Inflation up 5% From Last Year
12.4.2023
On Wednesday, the U.S. Bureau of Labor Statistics published the Consumer Price Index (CPI) report, which noted that inflation rose 0.1% last month in March and 5% from a year ago. Annual inflation has dropped for nine consecutive months following the nine times the U.S. Federal Reserve raised...
Polygon, Collateral Network, & Polkadot attract crypto community
12.4.2023
Cryptocurrencies have recently gained popularity as an alternative investment vehicle and payment means. As the market expands, new projects and platforms are emerging to meet the growing demand for faster, more secure, and more efficient transactions. Three such projects that have been attracting...
Why Mooky is the safe bet for investors? Insights from the experts
12.4.2023
Overview of the Mooky token Mooky is a community-driven token with a focus on environmental sustainability. It is unique because it operates with zero transaction fees and is governed by its holders through a decentralized autonomous organization (DAO) voting system. The holders of the token...
TMS Network redefines success with 2240% trailblaze, forcing Avalanche & Polygon to reconsider
12.4.2023
Microsoft’s recently announced that it would integrate a crypto wallet into its Edge browser – this is huge news for the crypto industry as Microsoft is a big name. It’s exactly this kind of support that can help new innovations become normalized. Many tokens, such as TMS Network...
SEC vs. Ripple: SEC files Letter of Supplemental Authority
12.4.2023
The legal clash between the SEC and Ripple has a new update. The US Securities and Exchange Commission has now filed a Letter of Supplemental Authority. The US agency aims to offer an extra-legal precedent to boost its motion for a summary judgment. A few days ago, a District of Massachusetts court...
How to buy or sell Bitcoin without using a centralized crypto exchange?
12.4.2023
With the fall of P2P exchanges like Paxful and LocalBitcoins, the question of how to buy or sell crypto without using CEXs is a pertinent one
Coinbase begins FLR token airdrop in approved jurisdictions
12.4.2023
Coinbase recently announced Flare token airdrop distribution across every approved jurisdiction. All the eligible Coinbase users with simple and advanced trades can access the airdrop. The network released an official tweet to inform the users about the airdrop. The entire processing will...
Ethereum’s Shapella Upgrade to Enable Staking Withdrawals Set to Go Live on April 12
12.4.2023
The Ethereum blockchain is set to undergo its next major update since the network switched from proof-of-work to proof-of-stake through The Merge. The upcoming upgrade, dubbed “Shapella,” which combines the Shanghai and Capella validator changes, is expected to take place on April...
India Seeks Common Crypto Framework for All Countries to Deal With ‘Many Collapses and Shocks in Cryptocurrencies’
12.4.2023
India’s finance minister, Nirmala Sitharaman, said during her official visit to the U.S. that crypto regulation is a very important part of the discussion by the G20 countries given “so many collapses and shocks in cryptocurrencies.” She stressed: “We seek to develop a common...
Google Trends Data Shows Bitcoin Search Interest Surged This Week Amid 10-Month Price High
12.4.2023
According to worldwide data from Google Trends, the search term “bitcoin” has reached a score of 93 out of 100 in the last seven days. Additionally, the price of bitcoin rose above the $30,000 range for the first time in ten months, or since June 2022. Bitcoin Search Interest Rises...
Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet
11.4.2023
On Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark stated that the new fleet would add 6.3 exahash per second (EH/s) of computational power to the company’s current...
Top 3 popular cryptos to buy now: Solana, Dogecoin, & DigiToads
11.4.2023
Numerous cryptocurrencies are being added to the crypto market daily. With the constant influx of new DeFi projects, it may be difficult for new crypto investors to decide which crypto asset would be beneficial to invest in. DigiToads (TOADS) is a cryptocurrency project that just debuted. This...
2023’s Bitcoin Obituaries: Bitcoin Defies 6 Death Predictions With 80% Price Increase Since End of 2022
11.4.2023
It’s been more than 100 days since the end of 2022, and the price of bitcoin has risen more than 80% since then. Over the past 30 days, bitcoin has increased by more than 45% against the U.S. dollar. Despite its recovery this year, after a long crypto winter in the previous year, the Bitcoin...