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Banking system uses more energy than BTC, Galaxy Digital reports
Galaxy Digital, a diversified financial services company that focuses on cryptocurrencies, has revealed that the banking system consumes more energy than BTC mining. The firm unveiled this news through a report entitled On Bitcoin’s Energy Consumption: A Quantitative Approach to a Subjective Question. дальше »
2021-5-18 20:20 | |
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Company Reports Close to Zero Carbon Emissions From Its BTC Mining Operations
Digihost Technology has reported that over 90% of the energy consumed by its bitcoin (BTC) mining operations is from sources with zero carbon emissions. The post Company Reports Close to Zero Carbon Emissions From Its BTC Mining Operations appeared first on BeInCrypto. дальше »
2021-5-18 18:50 | |
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Coinbase Reports Strong First Quarter Earnings, Set to Add Dogecoin Soon
For the first time since its direct listing on the NASDAQ this April, crypto exchange Coinbase published its first quarter earnings. In its earnings call, Coinbase announced that it had seen tremendous results since its public debut. дальше »
2021-5-15 09:52 | |
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Elon Musk Has Lost $20 Billion Since Hosting “SNL”
Tesla Drop Tesla CEO Elon Musk has lost a considerable amount of his wealth, more than $20 billion, since he made his appearence on Saturday Night Live over the weekend, as Forbes reports. Shares of the electric car company fell some 15 percent this week, cutting the billionaire’s net worth by $20. дальше »
2021-6-8 22:02 | |
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Colonial Pipeline Capitulates to $5 Million Ransomware Demand: Report
Emerging reports have revealed that the cybercriminals that attacked the US fuel pipeline, Colonial Pipeline Co, were paid $5 million in cryptocurrency. According to Bloomberg, sources familiar with the situation confirmed the extortion fee was paid to enable them to resume fuel shipments. дальше »
2021-5-15 19:20 | |
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CipherTrace Reports Decrease in Crypto Crime Since Beginning of the Year
CipherTrace’s latest report on cryptocurrency and blockchain security showed a marked fall in crypto crime through April of this year. The post CipherTrace Reports Decrease in Crypto Crime Since Beginning of the Year appeared first on BeInCrypto. дальше »
2021-5-13 17:45 | |
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Another $25 Million Gone, This Time xToken Was Exploited
“Minting on all contracts has been paused as we investigate reports,” tweeted xToken protocol on Wednesday before announcing that they have been exploited, nearly $25 million stolen. The Peckshield audited decentralized passive investing protocol had its liquidity pools drained. дальше »
2021-5-13 16:52 | |
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Coincheck Reports 5x Surge in Revenue, Japan Assembly Members Call to Make Tokyo a Special ‘Tax-Free’ Crypto Zone
During the period of Oct. and March, Monex Group acquired a crypto exchange that was hacked in Jan. 2018 gained 210,000 users. Meanwhile, ruling party members want to transform the city into a crypto “trading center. дальше »
2021-5-12 17:50 | |
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South Korea To Monitor Cryptocurrency Phishing Due To High Phishing Reports
South Korea's Ministry of Science and ICT is working with the Korean National Police Agency to bust the growing crypto phishing websites through a new system, Yonhap reports. This follows a rise in phishing attempts targeting crypto users. дальше »
2021-5-11 20:05 | |
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Biden Economics: US Jobs Report Lackluster, Unemployment Extensions Hammer Supply Chain, Americans Want More Stimulus
Recent headlines in numerous publications claim the U. S. economy is set for rapid expansion and a “post Covid boom” thanks to Joe Biden’s economic plans. However, contradicting reports identify certain struggling elements, such as the supply chain, which have been ravaged by bureaucratic mandates, and suggest a bleaker circumstance entirely. дальше »
2021-5-11 18:30 | |
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Ripple reports strong XRP whale accumulation despite ongoing SEC lawsuit
Ripple released its Q1 2021 report showing a solid performance during the first quarter of the year. The post Ripple reports strong XRP whale accumulation despite ongoing SEC lawsuit appeared first on CryptoSlate. дальше »
2021-5-11 01:00 | |
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Gemini reports ‘degraded performance’ in key systems as ETH falls under $4,000
The crypto exchange added that “all customer accounts and funds remain completely secure.”
дальше »2021-5-11 00:20 | |
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Report: Swiss Bank UBS Group Planning To Offer Crypto To Top Customers
Swiss-based bank and financial services provider UBS Group AG looks to be the next to enter the fold. Reports released to start the week state that the banking behemoth is considering several different alternatives to offer digital currency investments. дальше »
2021-5-11 23:51 | |
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South African Tax Collector Targeting Crypto Investors in Its Bid to Raise Extra Revenues
Latest reports from South Africa suggest that the country’s tax agency will now be targeting cryptocurrency investors as it attempts to increase the total value of revenues collected. Alongside high net worth individuals and offshore investors, digital currency holders now constitute an area that is “likely to yield much of the extra tax” for the […] дальше »
2021-5-10 10:00 | |
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Value DeFi Exploited Yet Again This Week? TVL Collapses by 80% Days After $10M Exploit
$829 million have been wiped out from the project’s TVL, and withdrawals are halted, while Value DeFi reports “one single large withdrawal from one user caused the balance of the vault to be off.” The post Value DeFi Exploited Yet Again This Week? TVL Collapses by 80% Days After M Exploit first appeared on BitcoinExchangeGuide. дальше »
2021-5-10 04:46 | |
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12K BTC Removed From Coinbase, Are Whales Relenting?
Coinbase, the largest exchange in the United States, has been the site of several big Bitcoin buy-ins this year. Recent reports show sudden transfers of more than 10,000 BTC to private wallets are not uncommon, but they do show a preference to store Bitcoin for the long term rather than hold it close to a […] дальше »
2021-5-8 02:00 | |
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BoE Governor Andrew Bailey Says Crypto Investors Trading In A Bubble
Crypto Has No Intrinsic Value The Bank of England (BoE) Governor Andrew Bailey reiterated his earlier remarks that crypto investors should be prepared to lose all their money, per CNBC reports. According to Bailey, crypto-assets generally do not have any intrinsic value, and their value proposition is zero. дальше »
2021-5-8 20:36 | |
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Deribit and CryptoTaxCalculator Partner to Streamline Tax Reporting
Cryptocurrency futures exchange Deribit has partnered with CryptoTaxCalculator in a bid to simplify tax reporting for traders. The CTC tool is easy to use and can directly import transaction data from Deribit and automatically generate your tax reports. дальше »
2021-5-6 19:16 | |
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MakerDAO Reports $12.57 Million in Net Income for April
Original decentralized finance (DeFi) protocol, MakerDAO has released the financial report for April 2021. Yet again, the protocol recorded growing income for the month. Maker DAO broke past the $12 million this time, up 44% from the previous month’s $8. дальше »
2021-5-3 19:29 | |
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Crypto Regulation In India: A Deep Dive
In 2021, new cryptocurrency disclosure rules were enacted in India. Any business dealing in cryptocurrencies must now report their entire crypto assets to the government as a component of the financial reports, starting today. дальше »
2021-5-4 17:45 | |
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Ethereum Mining Revenue Soares to a New All-Time High
After attaining an all-time high of $2,500 per coin earlier this month, Ethereum (CRYPTO: ETH) is trading at a new all-time high over the $2,700 level following reports about European Investment Bank’s intentions to establish a “digital bond” sale on the Ethereum blockchain network. дальше »
2021-5-2 23:00 | |
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Bitcoin Titan MicroStrategy Reports Major Growth In First Quarter
MicroStrategy reported first quarter revenues of $122.9 million and its equity has increased 385.59% since it adopted a Bitcoin standard. дальше »
2021-4-30 01:05 | |
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Ethiopia Links up With Cardano Creator to Launch the Country’s Biggest Blockchain Deployment Yet
Reports from Ethiopia say the government has enlisted the services of software company IOHK in its bid to launch the country’s biggest blockchain deployment to date. As part of the agreement, the Cardano protocol creator will be tasked with the job of creating a blockchain-based national student and teacher identification system. High Praise for the […] дальше »
2021-4-28 07:30 | |
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Ethereum Spikes To New Highs On Historic European Investment Bank Bond Launch
Ethereum these days even more so than Bitcoin, is disrupting traditional finance as we know it. DeFi is booming and has introduced lending and borrowing at scale. Institutional trading volumes are “exploding” according to reports. дальше »
2021-4-28 20:13 | |
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Korean Financial Authority Launches Crypto Investigation on Employee Investments
The Korean Financial Services Commission, South Korea’s financial regulator, has launched an internal investigation relating to crypto investments by employees. Local media outlet Yonhap News reported on April 26 that the FSC will receive reports on the investment status of employees until May 7. дальше »
2021-4-26 12:01 | |
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Crypto Takes Another “L” as Turkish Exchange Founder Runs With $2bn in User Funds
Faruk Fatih Ozer, the founder of the Turkish crypto exchange Thodex, is reportedly on the run with billions of dollars of users’ funds. Reports claim the exchange website shut down on Wednesday, with a message saying trading was suspended due to an “unspecified outside investment. дальше »
2021-4-24 03:00 | |
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NatWest Bank Refutes Reports of Barring Customers from Dealing in Cryptocurrencies
A commercial bank in the U.K., NatWest, will bar clients who accept crypto payments, the Guardian reported on Apr 21. No Crypto Payment without Background Checks During an online shareholder, Morten Friis—who heads the bank Risk Committee, said cryptocurrencies like Bitcoin were “high risk” and that they were taking a cautious approach. Accordingly, they hadRead More дальше »
2021-4-23 11:01 | |
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Turkish crypto exchange halts trading amid reports of police raid
Thodex has gone silent since announcing a halt in trading and withdrawals.
дальше »2021-4-22 14:55 | |
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EasyFi Loses $80 Million Worth of Tokens in A ‘Mnemonic Key’ Security Breach
Founder Ankitt Gaur claims this was a “mnemonic key hack,” not a smart contract exploit. EASY has tanked over 22% following reports of the hack. The post EasyFi Loses Million Worth of Tokens in A ‘Mnemonic Key’ Security Breach first appeared on BitcoinExchangeGuide. дальше »
2021-4-22 05:49 | |
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South Korean Government Seeks to Regulate International Remittances Related to Crypto ‘Kimchi Premium’
The famous gap in cryptocurrency prices in South Korean crypto exchanges and overseas ones known as “kimchi premium” raises some concerns among the nation’s government. The latest reports suggest that the country is planning to regulate international remittances tied to kimchi premium-driven transactions. дальше »
2021-4-22 03:30 | |
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Reports That Bitcoin Creator is an International Drug and Arms Dealer Resurface
Evan Ratliff, the author of the book The Mastermind, shares his research on Paul Le Roux, who he believes could be the man behind Bitcoin. Ratliff has pieced together the evidence but admits he fits a story into a narrative, conceding that Satoshi Nakamoto is probably someone else entirely. дальше »
2021-4-22 03:00 | |
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Indorse Launches NFT Analysis Tool Nifty Scanner
Indorse Pte. Ltd. is an equity portfolio company for Coinsilium. Today, reports announced that they plan to release the public alpha phase of Nifty Scanner. It is a digital asset software solution, specifically for NFTs. дальше »
2021-4-21 16:42 | |
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Another South African Company Reveals Plans to List a Crypto ETF on Local Stock Exchange
Fresh reports from South Africa suggest another local company, Sygnia, is set to apply to the Johannesburg Stock Exchange (JSE) to list a new cryptocurrency exchange-traded fund (ETF). This application will be the second time Sygnia has attempted to list the crypto ETF. дальше »
2021-4-21 09:30 | |
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Crypto Fraud Reports in South Korea Surged Over 41% in 2020, Says Financial Watchdog
Although bitcoin prices plummeted over the weekend, the overall bull-run remains alive, as well as the crypto-related fraud cases in South Korea. The latest figures by the domestic financial watchdog show that such incidents are still on the rise. дальше »
2021-4-21 07:30 | |
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Nigeria Money Printing Controvesy: CBN Governor’s Remarks Attacked, Government Denies It Financed Deficit via Money Printing
The fallout sparked by reports that the Central Bank of Nigeria (CBN) printed over $150 million for states’ funding continued a few days after the allegations were initially made. In the latest twist, the opposition People’s Democratic Party (PDP) vice-chairman Dan Orbih said the CBN governor Godwin Emefiele’s response to the allegations is “politically motivated.” […] дальше »
2021-4-21 05:30 | |
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Bitcoin Hashrate Drops Over 45%, Xinjiang Grid Blackouts Blamed, BTC Price Slides 10%
Since April 15, the Bitcoin network hashrate has dropped more than 49% after touching an all-time high at 218 exahash per second. Regional reports noted that in China the Xinjiang grid is having blackouts and “safety inspections. дальше »
2021-4-18 14:30 | |
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Miami-Dade Officials Hope to Launch a Crypto Task Force, Residents Could Pay Taxes in Bitcoin Soon
Back in mid-February, Bitcoin.com News reported on Miami’s Mayor Francis Suarez supporting the idea of the city holding bitcoin in the treasury and allowing tax payments in bitcoin as well. On April 15, 2021, reports show that the city may introduce the tax payments concept soon, as the District 8 county commissioner Danielle Cohen Higgins […] дальше »
2021-4-17 02:30 | |
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US President Biden Pushes for More Stimulus, One Million ‘Plus-up’ Payments Go out This Week
U. S. politicians are talking about stimulus again in order to bolster American jobs and President Joe Biden’s infrastructure plan. At the end of last week, White House press secretary Jen Psaki explained that Biden would meet with bipartisan members of Congress on Monday in order to push his proposal. дальше »
2021-4-15 01:00 | |
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Stellar (XLM) developers upgrades protocol in response to Node outage
The Stellar (XLM) protocol recently had an issue as an outage caused some nodes to go offline. However, the developers have responded swiftly to implement an upgrade to the affected protocol, according to reports. дальше »
2021-4-13 18:02 | |
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Nvidia Reports Upbeat Q1 Revenue, Crypto Mining Unit Sales Beating Forecast by 3x
Nvidia Corp. ’s first-quarter revenue will beat its forecast for $5. 3 billion, said the chipmaker at its annual investor day. These higher than forecasted numbers are driven by strong demand for its chips that power data centers and cryptocurrency mining. дальше »
2021-4-14 17:10 | |
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