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Illicit Activity’s Share in Crypto Shrinks, 'Significant Problem' Remains


  The growth of legitimate crypto usage is far higher than that of illicit usage, according to blockchain analysis company Chainalysis. However, illicit activity is still “a significant problem.”  “Transactions involving illicit addresses represented just 0.15% of cryptocurrency transaction...

Ethereum’s Dominance in DeFi Is ‘Far From Given,’ JPMorgan Says


Ethereum is about to step into a phase of turbulence as its dominion over decentralized financing slowly fades. Experts from JP Morgan Chase believe that the coin’s countermeasures have been timed wrongly and would arrive after the damage is already done. The crypto leviathan lands such...

Canaan Expands Mining Operations in Kazakhstan Amid Power Deficit, Protests


Hardware manufacturer Canaan is expanding its crypto mining operations in Kazakhstan. The company is now cooperating with a number of mining firms there and has already deployed over 10,000 pieces of hardware despite the country’s challenges with electricity supply. Increased energy prices...

5 Crypto Index Tokens That Allow You to 'Buy the Market'


  Index trackers are among the most popular investment vehicles among retail investors. Instead of trying to beat the market by selecting a handful of securities or assets, passively investing in a market’s index typically yields better returns. Crypto investors also have the ability to “buy...

Kosovo Halts Cryptocurrency Mining Amid Energy Crisis


The government of Kosovo has decided to suspend crypto mining activities in the country as part of measures to deal with power shortages this winter. The move has been proposed by a special parliamentary committee tasked with bridging the gap between electricity demand and supply. Kosovo...

Cryptocurrency Draft Law Presented in Peru


A draft of a new cryptocurrency asset law was introduced in Peru in December, seeking to regulate the cryptocurrency interactions that are already happening in the country. The draft law, besides defining what a crypto asset is and establishing the duties of virtual asset service providers (VASPs)...

Bitcoin’s Price Will Hit $100K by Mid-Year, Nexo Founder Predicts


The co-founder and managing partner of Nexo, a major cryptocurrency lender, has predicted that the price of bitcoin will be $100K by mid-2022. He highlighted “two simple reasons” why he is bullish about the price of bitcoin this year. Bitcoin Expected to Reach $100K by Mid-Year Antoni...

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