Coinbase shares rose significantly on August 29 after a federal judge ruled in favor of Grayscale in the SEC lawsuit.In the final moments of the trading session on Tuesday, August 29, the COIN value settled at $85.13 per share. More than 15% increase from the previous day’s close. Coinbase, the [...]
Income from mining bitcoins or “hash price” – the measure of dollars earned per daily TH/s – fell to levels not seen since the FTX crash of November 2022 as the hash rate reached new highs. on August 18 The hash rate of the Bitcoin network reached 414 exahash per [...]
Binance, the world’s largest cryptocurrency exchange, has removed Banco de Venezuela from the payment methods included in its peer-to-peer (P2P) trading service. The move comes after last week’s move against sanctioned Russian banks and is likely part of efforts to comply with international financial sanctions. as stated by Venezuelan usersBanco [...]
After the final Kroll attack, FTP extensionbankrupt crypto exchange, affected users’ accounts are temporarily suspended accessing the complaints portal. FTP extension he declared The decision on X (formerly Twitter) was taken as a proactive measure aimed at preventing future accidents or further damage following the recent attack. In response to [...]
State-owned electricity distribution company Électricité du Laos (EDL) has announced that it will suspend electricity supply to crypto mining activities in the country, citing several reasons, including the difficulty of producing enough energy in drought conditions.According toannouncementLaos experienced drought in the first half of 2023. The extreme heat caused the [...]
Hong Kong Finance Minister Paul Chan Mo-po reiterated his support for blockchain technology, describing it as the next frontier of “revolutionary growth” in the digital technology industry.In a blog post on August 27, Chan ha stated Web3 booming industries such as NFTs, GameFi, Play-to-Earn games and immersive entertainment will lead [...]
Binance removed its “yellow” and “green” payment options from its peer-to-peer (P2P) service on August 25 after it was criticized for using these codewords to represent sanctioned Russian banks, as confirmed by Cointelegraph. Payment method searches for color-themed code words yield no results. Source: Binance Binance’s peer-to-peer exchange service is [...]
on August 25 Hong Kong Monetary Authority (HKMA) published report showing the results of the study Evergreen ProjectAnalyzing the market impact of bond tokenization. In a 24-page overview, the Hong Kong regulator summarized the use cases, benefits and challenges encountered during the study. The result was Tokenization improves the bond [...]
hashdexThe crypto asset management company has participated in the tender to start a crypto asset management company. stock traded fund (ETFs) bitcoins (bitcoin) stain in the United States. The company has filed an application with the US Securities and Exchange Commission (SEC). Application for a Bitcoin futures ETF that will [...]
John DeatonPro-XRP Lawyer Says U.S. Securities and Exchange Commission (SEC) Misfires in File for Facilitating and Abetting Charges Against XRP Brad GarlinghouseCEO of Ripple. deaton underlined statements from former SEC officials Bill Hinman And Jay Clayton, During the SEC and Ripple Labs lawsuitwould classify XRP (XRP) was considered non-security information [...]