Iranian authorities seized numerous crypto mining equipment over the past two years, citing stress on energy grids during winter. Now, a court ordered the release of crypto-mining equipment that was previously seized as a measure to conserve energy. Since 2021, Iran’s Organization for Collection and Sale of State-Owned Property (OCSSOP) has seized mining equipment — both …
Continue reading “Iran court orders the release of seized crypto mining equipment”
During a year plagued by crises such as the collapse of FTX and Celsius, data shows that crypto exchange Binance has emerged as the clear “winner” of 2022 according to Arcane Research. A Jan. 3 report from Arcane highlighted that Binance saw its market dominance soar throughout 2022. As of Dec. 28 last year it …
Continue reading “‘Binance is the crypto market’: Arcane crowns the exchange 2022’s winner”
Cryptocurrencies will be a hot topic as the United States Congress resumes and the battle lines are drawn between lawmakers for and against the fledgling financial industry. But the Blockchain Association reports that more than 100 crypto industry advocates are fighting to help strike the right balance between protection and innovation. The 118th U.S. Congress …
Continue reading “100 crypto lobbyists prepare for the fight of their lives as Congress resumes”
The Grayscale Ethereum Trust (ETHE) is trading at nearly a 60% discount to the underlying value of its assets, with shares falling 93% from its Jun. 2019 all-time high (ATH). There are many reasons behind the ongoing decline, but in recent weeks fears have grown that fallout from parent company Digital Currency Group’s debt of …
Continue reading “Grayscale ETH trust nears record 60% discount as nerves continue over DCG”
Nonfungible token (NFT) marketplace Magic Eden had to assure users their NFTs “are safe” after a spate of pornographic images littered its platform on Jan. 3. In a Jan. 3 Twitter post the Solana-based NFT marketplace told its users it “has not been hacked” and the “unsavory images” were the result of its third-party image …
Continue reading “‘WTH did I just witness?’ Magic Eden turns porno after hosting service hacked”
The future of decentralized infrastructure through mining 61 min watch Updated: January 3, 2023 at 11:05 pm [embedded content] In this episode of The Gathering of the Gigahash, Dave, Akiba, and Joe from NetworkBits Crypto discuss the state of mining within IoT (Internet of Things) and location services. Joe, who is passionate about the subject, …
The US Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) warned banks about the risks involved with crypto in a joint statement on Jan. 3. The statement noted that the past year saw high volatility in crypto prices and exposed vulnerabilities in the sector. Therefore, the …
Continue reading “US Federal Reserve, FDIC warn banks against crypto risks”
Cosmos outperformed BTC by around 15% while Solana, which tanked by 55% in November, managed to beat BTC returns by around 8%. 2 min read Updated: January 3, 2023 at 11:33 pm Cover art/illustration via CryptoSlate Altcoins often mirror the price movements of Bitcoin (BTC), the largest cryptocurrency by market capitalization. However, Cosmos (ATOM) and …
Continue reading “ATOM and SOL beat BTC returns over the past 2 weeks”
An executive of the largest shareholder of cryptocurrency exchange Bithumb was found dead outside his home. He allegedly committed suicide by jumping off a building while under investigation by Korean prosecutors for embezzlement and stock market manipulation. Executive Found Dead Amid Investigation of Embezzlement and Stock Price Manipulation An executive linked to South Korea’s largest …
Continue reading “Executive Linked to Crypto Exchange Bithumb Found Dead Outside His Home: Report”
The government of India is launching a crypto awareness campaign that will educate investors about the legality of cryptocurrencies in the country while highlighting the risks of investing in crypto assets. Indian Government’s Cryptocurrency Awareness Campaign The Indian government is reportedly launching a first-of-its-kind crypto awareness campaign. It will be conducted by the Investor Protection …
Continue reading “Indian Government Launching Crypto Awareness Campaign”
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the price of gold will soar to $3,800 this year while silver will hit $75. He also shared why he became “a gold bug” and “a silver nut.” Robert Kiyosaki’s 2023 Gold and Silver Price Predictions The author of …
Bitcoin price is attempting an upside break above $16,800. BTC could gain bullish momentum if it clears the $16,800 and $17,000 levels. Bitcoin is still trading in a major range below the $16,800 and $17,000 resistance levels. The price is trading above $16,600 and the 100 hourly simple moving average. There is a key bullish …
Continue reading “Bitcoin Price Key Indicators Suggest Strengthening Case For Upside Break”
Security firm Dedaub discovered and disclosed a critical vulnerability on the popular Ethereum decentralized exchange Uniswap. The team behind the protocol fixed the bug, and the affected components were successfully redeployed—otherwise, an attacker could have tempered with transactions to steal a user’s funds. Uniswap Avoids Danger And Fixes New Features According to the security firm, …
Continue reading “How Uniswap Was Saved From Critical Vulnerability By This Security Firm”
The Bitcoin price has seen a slow start in 2023 as the cryptocurrency remains stalled and moving sideways around its current levels. Many experts believe BTC has seen the worst of the recent bearish cycle and could be gearing up for some profits. As of this writing, the Bitcoin price trades at $16,700 with sideways …
Continue reading “Bitcoin Price Hits Bottom At $16,700? This Obstacle Stalls Gains”
XRP price is having a shaky start to the year 2023 after a sharp drop on Monday during Asia hours. The digital asset eventually recovered but it remains shaky even now a new report from Santiment shows that there could be a bull case for the cryptocurrency. This bull case is tied to large XRP …
Continue reading “Santiment Paints Bullish Picture For XRP, But This May Not Be The Case”
