Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,407,948,109,443.61
  • 24h Vol: $56,956,738,597.13
  • BTC Dominance: 56.49%

crypto mining

bank-of-russia-eyes-stablecoins-for-cross-border-transactions

Bank of Russia Eyes Stablecoins for Cross-Border Transactions

Leave a Comment / Alexey Guznov, Bank of Russia, Bitcoin, Central Bank, cross border, Crypto Hacked, crypto mining, Cryptocurrency, Digital Currencies, digital financial assets, Ethereum, Payments, qualified investors, Regulation, Regulatory Sandbox, Stablecoins / / / , , , , , , , , , , ,

The Bank of Russia is exploring the use of stablecoins in cross-border transactions, considering them as digital financial assets (DFAs) under existing regulations if they have a responsible entity. The initiative may involve a limited group of qualified investors and would require testing for regulatory feasibility. Bank of Russia Explores Stablecoin Use for Cross-Border Transactions […]

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kaspa-and-alephium-mining-gain-traction-as-bitcoin’s-hashprice-remains-low 

Kaspa and Alephium Mining Gain Traction as Bitcoin’s Hashprice Remains Low 

Leave a Comment / AL1 Pro, Alephium, Bitcoin, Bitmain, blockchain technology, Crypto Hacked, crypto mining, Cryptocurrency, Ethereum, Ghostdag protocol, Kaspa, KS5 Pro, Mining, mining rigs, Profitability / / / , , , , , , , , , ,

While Bitcoin is widely recognized as a proof-of-work (PoW) network, it’s not necessarily the most profitable PoW asset to mine. With Bitcoin’s hashprice being relatively low, miners have been increasingly turning their attention to mining alephium (ALPH) and kaspa (KAS). These two digital currencies currently offer the highest profitability for miners, according to the latest

Kaspa and Alephium Mining Gain Traction as Bitcoin’s Hashprice Remains Low  Read More »

airbnb-host-imposes-no-mining-rule-after-guests-rent-her-property-to-mine-crypto

Airbnb Host Imposes No Mining Rule After Guests Rent Her Property to Mine Crypto

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An Airbnb host, Ashley, shared her experience on Tiktok about guests who accumulated a $1,500 electricity bill by setting up an electric vehicle station and mining cryptocurrency during their three-week stay. Despite leaving the property in excellent condition, the guests’ excessive energy use, captured on external security cameras showing them bringing in 10 computers, prompted

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senator-warren-calls-for-tougher-regulations-to-combat-national-security-risks-from-foreign-crypto-mines

Senator Warren Calls for Tougher Regulations to Combat National Security Risks From Foreign Crypto Mines

Leave a Comment / Bitcoin, Crypto, Crypto Hacked, crypto mining, crypto regulations, Cryptocurrency, Elizabeth Warren, Ethereum, Regulation / / / , , , , ,

Senator Elizabeth Warren has called for stricter regulations to address the risks of foreign-owned cryptocurrency mining facilities in the U.S. She highlighted the environmental and national security threats, especially from Chinese-owned operations, and stressed the importance of stronger laws to regulate crypto mining and prevent foreign exploitation. Senator Warren Raises Concerns Over Foreign-Owned Crypto Mining

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russia-advances-cryptocurrency-mining-bill

Russia Advances Cryptocurrency Mining Bill

Leave a Comment / Bitcoin, Crypto, crypto bills, Crypto Hacked, crypto mining, Cryptocurrency, cryptocurrency mining, Ethereum, Regulation, Russia / / / , , , , , ,

Russia’s State Duma has advanced a bill to regulate cryptocurrency mining, aiming to curb illegal activities and promote investment and employment. Proposed by the chairman of the Duma Committee on Financial Markets and supported by key deputies, the bill mandates strict guidelines for miners, including registration and government oversight. If passed, the law will take

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enegix-global-builds-natural-gas-powered-80-mw-crypto-mining-center-in-brazil

Enegix Global Builds Natural Gas-Powered 80 MW Crypto Mining Center in Brazil

Leave a Comment / Bitcoin, Brazil, Crypto Hacked, crypto mining, Cryptocurrency, Enegix Global, Ethereum, News Bytes, News Bytes - 5 / / / , , , ,

Cryptocurrency mining company, Enegix Global, has announced the construction of a new 80 MW data center in Brazil, marking a significant expansion of its operations. The two-phase project, set to launch its initial 20 MW phase in September 2024, will operate on natural gas with an uptime of 96%. This strategic move comes amid shifting

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hong-kong-professor:-china’s-crypto-mining-ban-shifts-businesses-to-us

Hong Kong Professor: China’s Crypto Mining Ban Shifts Businesses to US

Leave a Comment / Bitcoin, China, Crypto, Crypto Hacked, crypto mining, crypto mining ban, Cryptocurrency, cryptocurrency mining, Ethereum, Hong Kong, News Bytes, News Bytes - 2 / / / , , , , , , , ,

Professor Wang Yang, vice president for institutional advancement and chair professor at the Department of Mathematics at the Hong Kong University of Science and Technology (HKUST), criticized China’s cryptocurrency mining ban during a panel discussion in Hong Kong last week. He called the decision “very unwise” because it shifted businesses to the U.S., boosting American

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russia’s-cryptocurrency-mining-bill-faces-delays

Russia’s Cryptocurrency Mining Bill Faces Delays

Leave a Comment / Bitcoin, Crypto Hacked, crypto mining, Cryptocurrency, Ethereum, News Bytes, Newsbyte-3, Russia crypto mining / / / , , , ,

The Russian State Duma is considering a bill related to cryptocurrency mining and sales, but the legislation is not expected to be approved by fall. The bill aims to legalize crypto mining and allow the sale of mined digital currency. Currently, cryptocurrency cannot be used for settlements in Russia. The proposed law specifies that digital

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police-in-kosovo-seize-crypto-mining-rigs-from-serbs

Police in Kosovo Seize Crypto Mining Rigs From Serbs

Leave a Comment / bills, Bitcoin, confiscation, conflict, Crackdown, Crypto, Crypto Hacked, crypto miners, crypto mining, Cryptocurrencies, Cryptocurrency, Electricity, Energy, Ethereum, kosovo, Law Enforcement, Mining, Mining Devices, mining machines, operation, Police, raids, Seizure, Serb, Serbia, Serbian, Tensions / / / , , , , , , , , , , , , , , , , , , , , , , ,

Kosovo police have seized dozens of crypto mining devices from residents of a majority Serb region in the north of the country. Authorities in Pristina and Belgrade exchanged accusations over the move, which has the potential to raise tensions in the ethnically divided, partially recognized Balkan state. Kosovo Government Cracks Down on Crypto Mining in

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china-fines-bitmain-$3.6-million-for-tax-violations,-report

China Fines Bitmain $3.6 Million for Tax Violations, Report

Leave a Comment / Bitcoin, Bitmain, China, chinese, Crypto, Crypto Hacked, crypto mining, Cryptocurrencies, Cryptocurrency, Ethereum, income tax, Mining, Mining Devices, mining equipment, mining hardware, mining machines, mining rigs, Tax, tax authority, tax violations, Taxation, Taxes / / / , , , , , , , , , , , , , , , , , ,

Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty comes amid increasing tax checks in the digital asset sector, according to information from the crypto community. Bitmain Fined for Failing to Pay Income Tax on Behalf of Employees One of the world’s largest producers of devices

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