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9,404 Crypto Mining Devices Seized by Iranian Authorities Since March


Iranian authorities have seized nearly 10,000 illegal cryptocurrency mining devices since March. According to reports, many of the seized crypto mining rigs were operating in public locations that receive free or heavily-subsidized electricity, such as schools and mosques. Iran Confiscates Nearly...

Binance Waives Trading Fee for ETH/BUSD Spot Trading Pair


Binance has announced to waive the trading fee of 0.1% on the spot trading pair of ETH/BUSD by officially launching Zero-Fee ETH Trading. Users will not have to pay any fee while trading the pair. The trading fee waiver is applicable from August 26, 2022, 00:00 UTC, to September 26, 2022, 00:00...

Ukraine Blocks Crypto Wallet Used to Raise Funds for Russian Forces


The law enforcement and counter-intelligence agency of Ukraine has managed to seize the funds in a cryptocurrency wallet used to finance the Russian military campaign in the country. Officials in Kyiv claim that money collected through the wallet has been spent on military equipment for...

Bitstamp Sees ‘Massive Crypto Interest’ From Institutional Clients


The CEO of a major cryptocurrency exchange, Bitstamp, says that his trading platform is seeing “massive crypto interest” from institutional clients. “Many institutional companies are looking to make their first move into crypto,” he explained. Bitstamp’s CEO...

SEC Chairman Says Crypto Should Be Treated Same as Other Capital Markets


SEC Chairman Gary Gensler says that there is no need to treat the crypto market differently from other capital markets. Noting that “the SEC will serve as the cop on the beat,” Gensler encouraged crypto trading and lending platforms “to come in and talk to SEC staff.”...

Biggest Movers: ATOM up 12% on Tuesday, as NEAR Snaps Losing Streak


Cosmos was a notable gainer on Tuesday, as prices of the token rose by as much as 12% in the day. Today’s surge sees the cryptocurrency climb for a third straight day, hitting a five-day high in the process. Near protocol was also in the green, as it rebounded following recent declines....

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