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Kentucky Regulators Crack Down on Blockfi Interest-Bearing Accounts
31.7.2021
The crypto lender Blockfi is now dealing with regulators from five states as Kentucky has joined the fray against the firm’s Blockfi Interest Accounts (BIAs). On July 30, Blockfi shared a statement on Twitter that explained the Kentucky Department of Financial Institutions (DFI) has sent...
China's crackdown signals an oncoming crypto ban, Bobby Lee says
26.7.2021
China has been increasing its regulatory pressure on crypto firms to help Chinese citizens stay clear of high-risk investments
Bitcoin price hints at 'megaphone' bottom pattern, and a breakout toward $40K
24.7.2021
The megaphone-shaped pattern reflects growing disagreement between investors over the next Bitcoin trend bias
Abkhazia Holds Talks With Russia to Ensure Electricity Supply for Crypto Miners
24.7.2021
The government of Abkhazia is negotiating with Russia to solve a problem that led to a ban on cryptocurrency mining. The partially recognized republic in the South Caucasus is now planning to legalize the industry and source sufficient power supplies from its energy-rich northern neighbor. Abkhazia...
US Senators Seek to Forbid American Athletes From Receiving and Using Digital Yuan During Beijing Olympics
21.7.2021
Three U.S. senators have urged the United States Olympic & Paralympic Committee to forbid American athletes from receiving or using digital yuan during the Beijing Olympics. Raising many concerns, including privacy, they warned, “Olympic athletes should be aware that the digital yuan...
EU Proposes Law to ‘Ensure Full Traceability’ of Crypto Transfers, Ban Anonymous Wallets
21.7.2021
The European Commission has proposed legislation to “ensure full traceability of crypto-asset transfers, such as bitcoin,” in order to prevent and detect “their possible use for money laundering or terrorism financing.” Moreover, “anonymous crypto asset wallets will...
Nová zbraň proti dezinformacím. Ban na jedné sociální síti znamená ban i na všech ostatních
20.7.2021
Americké big-tech firmy daly světu velké sociální sítě a všechny problémy, které se nimi souvisí. Amerika po době trumpovského temna zkouší tyto problémy řešit. Tisková mluvčí Bílého domu Jen Psaki přednesla zajímavou myšlenku: Kdokoliv dostane ban na některé sociální síti, dostane ban také na
50,000 More Call Of Duty: Warzone Players Have Been Banned
17.7.2021
Call of Duty Warzone devs Raven Software confirmed yesterday afternoon that more than 50,000 players were banned in the last week across two waves of bans hitting the popular online shooter. Read more
Financial Report Shows Bit Digital Is Transferring 14,500 Bitcoin Miners From China to the US
15.7.2021
Following the bitcoin mining crackdown in China, the Nasdaq-listed firm Bit Digital published a second-quarter bitcoin production and mining operations update and noted the company is moving 14,500 bitcoin miners from China to the United States. Bit Digital says after the Chinese government’s...
Green BTC miner Bitfarms’ production up 50% after China ban, as Compass goes nuclear
15.7.2021
Bitfarms is producing more BTC at a lower cost due to the drop in difficulty
China’s Anhui Province to Shut Down Crypto Farms as Grid Operator Issues Closure Notice, Reports
14.7.2021
Anhui has reportedly become China’s latest region planning to end cryptocurrency mining. The province is going to shut down all mining facilities due to power supply shortages, according to local media. Another source revealed that the state-run network operator has issued a closure notice...
Tanzania Announces Plans to Create Blockchain Advisory Team as Country Moves to Adopt Crypto
14.7.2021
In a follow-up to Tanzanian President Samia Suluhu Hassan’s call for cryptocurrency action, a government minister has now announced plans to set up a crypto advisory team. This team, according to the Information and Communication Technology (ICT) minister Faustine Ndugulile, will consist...
Bitcoin sell-off continues as BTC nears $31K ahead of Powell’s speech
14.7.2021
The latest price declines came after the US inflation rose to a 30-year high in June
Bitcoin mining ban an easy decision for China, says Bitmain EMEA partner
14.7.2021
Half of what was lost due to China’s crackdown on Bitcoin mining will not ever go back online, Phoenix Store's CEO says
Bit Mining raises $50M to take operations out of China
14.7.2021
Bit Mining is looking to exit China’s market in response to the recent government crackdown on mining
India’s ICICI Bank warns remittance users to steer away from Bitcoin
13.7.2021
The bank has also asked users to not any invest fiat currency that may have links to previous cryptocurrency investments
Bitcoin price is 3-4 weeks away from new $24K-$29K range, market analyst warns
9.7.2021
The bearish outlook surfaces as Bitcoin prices form a classic cup and handle pattern, now in the last stage of its maturity
Chinese Crypto Ban Could Be Long-Term Good For Bitcoin - BitGo CEO
8.7.2021
Mike Belshe, Co-founder and CEO of BitGo. Source: a video screenshot, Youtube/Bloomberg
Mike Belshe, CEO and Co-Founder of digital asset financial services company BitGo, claims that a recent clampdown on crypto in China could be a good thing for Bitcoin (BTC) in the long-term.
“Over the last...
Pro-crypto Congressman stacks, anti-crypto Congressman receives $100K from TradFi
7.7.2021
Alabama congressman Barry Moore has snapped up ETH, ADA, and Doge over the past two months, but his holdings have taken a significant hit amid the crypto downturn
Nigerian Twitter Suspension Has Unintended Effects on Country’s Crypto Community
6.7.2021
On the surface, it looks like Nigeria’s suspension of Twitter operations on June 4 may have been triggered by the microblogging company’s decision to take down a controversial tweet — from President Mohammed Buhari. However, as some observers have noted, the removal of the tweet...