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Bitcoin Miners in Xinjiang’s Largest Tech Park Ordered to Shut Down

Bitcoin miners in Zhundong, Xinjiang, China, have been told to shut down their rigs, The Block, on June 9, reports. The Blow in Zhundong Officials in Zhundong, acting on orders from the Changji prefecture government in Xinjiang, were instructed to shut down Bitcoin and cryptocurrency mining operations in the Zhundong Economic Technological Development Park byRead More дальше »

2021-6-9 14:00


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Chinese Officials Are Investigating Crypto Mining Operations

Regulators in China’s Sichuan province are gathering information on cryptocurrency mining, potentially leading to a full crackdown on the practice, Reuters reports. The news comes after the Chinese government announced it will  “crack down on bitcoin mining and trading behavior, and resolutely prevent the transfer of individual risks to the society” according to a statement. дальше »

2021-6-8 22:56


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Bitcoin Mining Operations Btc.top and Hashcow Cease Offering Services in China

Following some stern warnings from a few major trade associations and regulators in China, two prominent exchanges, Huobi and Okex, have stopped offering services to Chinese residents. After the two exchanges halted specific services to residents of mainland China, two bitcoin mining operations have also abandoned the country on Monday. Btc.top and Hashcow have suspended […] дальше »

2021-5-24 16:30


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Restrictions on Crypto Trading to Deprive Nation of Opportunities, Iranian Fintechs Warn

Startups have spoken out against government attempts to curb the operations of crypto exchanges in Iran. Cryptocurrency trading is not illegal, Iranian fintechs insist, calling on lawmakers and regulators to develop rules that would allow the sanctioned country to continue to take advantage of decentralized money transfers. дальше »

2021-5-18 08:30


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Ethereum Difficulty Bomb Delayed Till December 2021

Ethereum core developers have agreed to delay the network’s difficulty bomb until December this year. As the name implies, the Ethereum difficulty bomb or Ice Age makes mining more complex by increasing the amount of time required to mine a new block on the network, thereby making Ethereum mining operations less profitable.  Ethereum Difficulty BombRead More дальше »

2021-5-17 17:00


Facebook’s Diem Unveils Its Latest Stablecoin Plans and Strategic Move to the United States

Diem, the cryptocurrency project headed by Facebook originally known as Libra, recently announced its plans to launch a stablecoin with its focus scaled back to the United States.  The company stated earlier this year that it would be relocating its primary operations from Switzerland back to the United States, and would withdraw its payment system […] дальше »

2021-5-17 02:59


Paxos Raises Series D Funding From PayPal Ventures And Others

Today, blockchain infrastructure company Paxos closed a $300 million Series D round of funding, one of the largest ever among cryptocurrency and blockchain startups New Raise Is To Help Scale Operations Paxos, a major cryptocurrency corporation and PayPal’s crypto partner, has completed a huge fundraising round shortly after securing tentative approval to join a national […] дальше »

2021-4-29 22:29


Alfacash Store launches Premium accounts

Alfacash Store is available to buy a cryptocurrency for fiat (and vice versa) in a fully non-custodial and automatic process; including high liquidity, fast operations, and regulatory compliance. Since various regulations require crypto-licensed businesses to verify their users, Alfacash Store takes all adequate measures to prevent fraud and remain fully compliant with applicable AML/KYC regulations. […] дальше »

2021-4-27 17:50


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Tether Market Cap Swells Past $50 Billion, USDT Stablecoin Gets Listed on Coinbase Pro

The blockchain stablecoin issuer Tether Operations Limited has recently surpassed a $50 billion market valuation after seeing exponential growth during the last few years. Furthermore, the stablecoin tether has launched on the trading platform Coinbase Pro this week marking the San Francisco-based exchange’s first time supporting the dollar-pegged token. Tether Market Cap Increases by 170% […] дальше »

2021-4-27 17:15