Paraguay Might Terminate Bitcoin Mining Due To Power Costs

Paraguay Might Terminate Bitcoin Mining Due To Power Costs

This week, a coalition of 15 senators in Paraguay has introduced legislation to halt the mining of Bitcoin and other cryptocurrencies within the nation. The lawmakers’ rationale for this move centers on... Read more »
Cryptos Losing Value Due to Rising Interest Rates

Cryptos Losing Value Due to Rising Interest Rates

Over the last day, the overall value of the cryptocurrency market dropped by about $120 billion, leaving it at around $2.63 trillion. This happened because most digital currencies, especially Bitcoin, saw significant... Read more »
Korean Crypto Exchanges Reach Highest Yearly Volume in Early December Due to Trading Promos

Korean Crypto Exchanges Reach Highest Yearly Volume in Early December Due to Trading Promos

Early December Sees Unprecedented Activity with Altcoin Trading and Zero-Fee Promotions Driving Unmatched Transaction Volumes Korean crypto exchanges achieve a historic milestone in early December, recording the highest yearly volume in their... Read more »
$9M Insurance Claim is Due to Targeted Attack

$9M Insurance Claim is Due to Targeted Attack

According to dYdX founder Antonio Juliano, the platform and the Yearn.Finance token (YFI) have suffered from a targeted attack, Cointelegraph reported. Filling liquidation gaps dYdX, a leading decentralized exchange that currently supports... Read more »
Crypto Analyst Identifies 6 Overlooked Altcoins That Could Be Due For A Price Surge

Crypto Analyst Identifies 6 Overlooked Altcoins That Could Be Due For A Price Surge

With tens of thousands of altcoins circulating the market, crypto investors can easily miss out on the next 100x coin due to it not being on their radar. This is often not... Read more »
The decline in the price of Bitcoin was due to FTX

The decline in the price of Bitcoin was due to FTX

A news released by a former Alameda employee revealed that the 87% drop in the price of Bitcoin on Binance.US on 21 October 2021 was due to a mistake by former FTX... Read more »
BC Hydro suspends new crypto mining links due to extreme electricity use

BC Hydro suspends new crypto mining links due to extreme electricity use

New cryptocurrency mining companies in British Columbia at the moment are briefly banned from being attached to BC Hydro’s electrical grid. The 18-month suspension on new electricity-connection requests is meant to present... Read more »
Bitcoin Mining M&A in Crypto Downturn Requires Due Diligence

Bitcoin Mining M&A in Crypto Downturn Requires Due Diligence

As the blockchain trade navigates a troubled cryptocurrency market, acquisition alternatives have arisen throughout totally different asset sorts. The bitcoin mining trade is not any exception. Bitcoin miners play a key function... Read more »
NortonLifeLock to End Antivirus Crypto-Mining Due to Ethereum Merge

NortonLifeLock to End Antivirus Crypto-Mining Due to Ethereum Merge

NortonLifeLock is shutting down a cryptocurrency miner that runs on its antivirus product.  The firm is citing Ethereum’s swap to a “Proof-of-Stake” mannequin, which can part out GPU-based mining for the cryptocurrency.... Read more »
Smaller Exchanges Could Fall Due to Confusing ‘Web of Relationships’, Report Warns

Smaller Exchanges Could Fall Due to Confusing ‘Web of Relationships’, Report Warns

Source: AdobeStock / zest_marina   Smaller crypto exchanges might be susceptible to collapse throughout this crypto bear market, given seemingly unsustainable yields provided to customers, and a complicated “webs of relationships” between... Read more »