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Chinese official sentenced to life in prison for Bitcoin mining, corruption
22.8.2023
Xiao Yi was accused of abuse of power and corruption in operating a $329 million Bitcoin mining enterprise
Defi TVL Dips Below $40B Amidst Market Turbulence and Shrinking Confidence
22.8.2023
After remaining above $40 billion for much of 2023, the total value locked in decentralized finance, or defi, fell below the threshold on August 17, reaching $37.9 billion by August 22. Additionally, from August 13, the top 100 DeFi tokens have decreased by $1.74 billion in value over nine days....
Crypto amplified financial risks in emerging markets: BIS papers
22.8.2023
Central banks of the United States, Canada, Mexico and Brazil have pointed out the risks of crypto, but warned against excessively prohibitive laws
Vitalik Buterin Granted Taiwan Employment Gold Card
22.8.2023
Ethereum founder Vitalik Buterin has received a permit that will allow him to legally reside and work in Taiwan. Speaking at a meeting with the country’s minister of digital affairs, Buterin said that the card will make it easier for him to visit the island nation and its Ethereum community....
Best Crypto to Buy Now August 21 – Rollbit Coin, Monero, Optimism
21.8.2023
Bitcoin's daily relative strength index (RSI) has plunged below 20, reaching lows not seen since the March 2020 COVID-19 pandemic crash.
This significant oversold reading is sparking discussion about a potential price rebound.
With this in mind, what are the best cryptos to buy now?...
Dwindling optimism for Bitcoin ETF approval to blame as weekly crypto outflows hit $55M
21.8.2023
Even altcoins slumped, with only Ripple and Cardano registering inflows
Coin Center responds to US lawmakers' request for crypto tax guidance
21.8.2023
Among the crypto advocacy group's suggestions included a De Minimis exemption for crypto transactions and having the IRS provide guidance on block rewards, airdrops, and hard forks
Blockchain Capital Co-Founder Sues Hacker For Stealing $6.3 Million in a SIM-Swap Attack
21.8.2023
Co-founder and managing partner at Blockchain Capital, Bart Stephens, has taken legal action against an unidentified hacker who allegedly stole $6.3 million worth of cryptocurrencies from his digital wallets, Forbes reported.
Stephens claims Jane Doe exploited a SIM-swap vulnerability...
Scientists reverse-engineered the Luna flash crash using particle physics
21.8.2023
Some of the same techniques used to study the thermal history of the universe can be used to understand crypto crashes
SEC charges crypto investment manager with misleading advertising, custody claims
21.8.2023
The case against Titan Global Capital Management is the first brought under the U.S. regulator’s 2020 revised marketing rule. It also touches on compliance issues
Coinbase sees lukewarm demand for debt buyback, raises offer
21.8.2023
The United States crypto exchange has increased its offer for discounted debt by 3%
Why the choice of the blockchain matters for NFT collections
21.8.2023
When choosing a blockchain, consider the trade-offs and align it with your needs. Avoid risking your funds, time and community trust
Binance limits withdrawals in Europe, cites payment processor issues
21.8.2023
In a deleted customer service message, Binance said that the failed withdrawals were caused by temporarily suspended EUR transactions through SEPA
Top UK university partners with AI startup to analyze crypto market
21.8.2023
Imperial College London announced a collaboration with AI startup FluidAI to tackle major issues in the crypto market such as liquidity aggregation
Kenya forms parliamentary committee to investigate Worldcoin
21.8.2023
The controversial crypto project’s launch has been marred into controversy and it's already facing investigations in nearly half a dozen countries
Mining Bitcoin on Household Electricity Most Profitable in Asia, Study Finds
21.8.2023
Despite significant variations in electricity rates and regulations, the Asian region as a whole has the lowest average cost of bitcoin mining for solo miners, new research shows. At the same time, the surge of energy prices due to Covid, heatwaves, and the war in Ukraine render bitcoin mining...
Trending cryptocurrencies for August 2023: Kusama, Zcash and Pomerdoge
21.8.2023
By following the trending cryptocurrencies, each investor and trader can get a higher level of understanding of the direction in which the overall market is going. While these might not always be a 100% correct indication of this, they can provide key insights into what the future holds for...
Banks Allowed to Issue Crypto Mastercard Cards in Uzbekistan
20.8.2023
Authorities in Uzbekistan have authorized two local banks to issue payment cards allowing users to spend their digital coins. The move is part of a pilot project to launch virtual cards linked to cryptocurrency wallets on an exchange that will facilitate instant conversion to fiat money. Uzbekistan...
Ripple CTO clarifies on SEC appeal, spotlights case complexity
20.8.2023
According to the CTO, the SEC is seeking an appeal at this specific point based on its interpretation that the legal case has not yet reached a conclusion
China facing deflation may be bad news for Bitcoin
19.8.2023
Cointelegraph analyst and writer Marcel Pechman breaks down the Federal Reserve balance sheet and explains why China’s deflation can negatively impact Bitcoin