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Elon Musk Reaffirms His Crypto Allegiance

Elon Musk, the CEO of Tesla and Spacex, has, at last, reaffirmed his cryptocurrency allegiance, after a series of contradictory signals that collaborated with the market plunge this past week. Musk affirmed he ultimately favors cryptocurrency against fiat-issued money on Twitter, something that was seen as a clear rebuff from his earlier statements where he […] дальше »

2021-5-23 16:36


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Greenpeace Has Stopped Accepting Bitcoin Donations Due to Network’s Environmental Impact

Greenpeace, the ecological NGO, has stopped accepting bitcoin donations due to the big impact the cryptocurrency network has on the environment. The organization, which was one of the first NGOs to add bitcoin to its donations arsenal, has now backpedaled due to the growing energy consumption of the underlying network powering the asset. Greenpeace Stops […] дальше »

2021-5-23 11:00


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Iran to Shut Down Licensed Crypto Miners in Peak Hours of Power Consumption

Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption peaks. The measure intended to deal with shortages will target licensed facilities despite the government admitting that illegal crypto miners burn much more energy. Licensed Crypto Miners Use 300 MW, […] дальше »

2021-5-23 07:00


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Elon Musk Says He Won’t Sell Any Dogecoin — Admits He’s the ‘Ultimate Hodler’

Tesla CEO Elon Musk has confirmed that he has not sold any dogecoin and will not sell any as the price of the cryptocurrency continues to slide over the recent weeks. The “Dogefather” has been working with dogecoin devs “to improve system transaction efficiency” after Tesla suspended accepting bitcoin for payments, citing environmental concerns. Elon […] дальше »

2021-5-22 17:00


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Bitcoin could hit $100,000 despite recent bear run – Willy Woo says

The price of Bitcoin dropped heavily this week by nearly 40%, which has generated concerns that the unprecedented bull-run of the cryptocurrency has ended. However, popular Bitcoin analyst Willy Woo believes it’s not yet over for Bitcoin (BTC/USD), adding that the most valuable cryptocurrency has still some juice left in its Bull-Run. дальше »

2021-5-22 14:29


How Another Chinese Power Outage May Have Led to Bitcoin’s Flash Crash This Week

Earlier in April, an accident at a Chinese coal mine in Xinjiang sent Bitcoin network’s hash rate plummeting 30% in a span of a day, which crippled the major cryptocurrency’s rally.  Now, Bitcoin’s hash rate is suffering a similar loss as miners based in Sichuan, China face limitations on power usage.  The State Grid in […] дальше »

2021-5-22 05:02


Norwegian crypto exchange MiraiEx to secure user funds with Ledger Vault

CryptoNinjas » Norwegian crypto exchange MiraiEx to secure user funds with Ledger Vault MiraiEx, a Norwegian cryptocurrency exchange company, announced it has selected Ledger Enterprise Solutions to secure its crypto-asset reserve through Ledger Vault, an institutional-grade custody platform for cryptocurrency companies looking to enhance their security. дальше »

2021-5-22 04:09


Futu to Add Cryptocurrency Trading in U.S, Singapore and Hong Kong

Futu, one of the leading trading brokerages in China, revealed its plans to offer cryptocurrency trading later this year. In its earnings call earlier this Wednesday, senior vice president Robin Li Xu told analysts that Futu would be applying for digital-currency related licenses in the United States, Singapore, and Hong Kong.  Despite these changes, crypto […] дальше »

2021-5-22 02:56


Cryptocurrency Exchange ShapeShift Reveals Gas Fee Mitigation Functionality With FOX Token Rewards

Non-custodial exchange ShapeShift has announced new functionality to help decentralized finance (DeFi) users on its platform cut costs. FOX Holders To Be Rewarded According to a blog post on its website, ShapeShift says that users will now reduce their gas fee trades by holding their native token FOX. дальше »

2021-5-22 22:27


Breaking: China Bans Crypto For the 100th Time; Hong Kong Proposal Seeks to Restrict Retail Traders From Exchanges

Cryptocurrency exchanges in Hong Kong are set to be prohibited from offering services to retail crypto traders following a new government proposal. Hong Kong Floats New Proposal On Licensing Crypto Firms The legislative proposal, which Hong Kong's Financial Services and Treasury Bureau (FSTB) floated, has now moved past its consultation period, Reuters report. дальше »

2021-5-22 19:42


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Poloniex LaunchBase Relaunches With APENFT Native Coin $NFT as the Debut Project

Poloniex, a cryptocurrency exchange platform, has announced the relaunch of its Poloniex LaunchBase, a platform that helps blockchain startups raise funds to develop their products. Notably, the firm announced that APENFT, a platform that helps register world-class artworks as NFTs on the blockchain, will be the first project to debut on the Poloniex LaunchBase. Consequently, […] дальше »

2021-5-22 19:21


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Recent Blackout of Multiple Exchanges Linked to Ostensible “Planned Crypto Crash”

Time and time again, cryptocurrency exchanges, the middlemen between crypto-assets and buyers have had a major influence on the cryptocurrency market and price movement time and time again. Crypto Users probe into exchanges Downtime In an extremely volatile market like the one we saw this week, a shutdown from a leading exchange could cause users […] дальше »

2021-5-22 19:03