Cryptocurrency / Digital Currencies
97 records · page 8 of 9
The top executives of renowned Bitcoin mining companies expect crypto mining to thrive under the Trump administration. Days before the US 2024 general election, the Americans expressed different opinions on the leadership of Democrats against the Republicans. At the Bitcoin 2024 conference at Tennesee, the miners engaged in intense dialogue to deliberate on the future
Kimberly Crain3 min read
WazirX launching a bounty program to recover $230 million stolen in the July 18 hack. On Thursday, the Indian crypto exchange suffered a multimillion hack, leading to huge financial losses. The renowned cybersecurity firm Elliptic reported that hackers escaped with over $230 million. WazirX Launching Bounty Program to Recover Stolen Funds The Elliptic team noted
Kimberly Crain3 min read
Bitrue Ventures fund has opened a new funding account. The platform has allocated $200,000 directed towards Web3 startups. Bitrue Ventures’ Launches Fund to Support Web3 Firms Bitrue Ventures is a research and investment wing of the eponymous crypto trading platform. The total fund allocated to the new account is valued at $40 million that are
Hassan Mehmood (Saudi Arabia)Updated 3 min read
In its official announcement, the White Settlement Police Department (WSPD) confirmed that it rescued an elderly woman from falling into a scammer’s trap. A bystander informed the WSPD that a woman was depositing a large amount of funds at a Bitcoin ATM located on South Cherry Lane. WSPD Saves Elderly Woman From Scam The troubled
Kimberly Crain2 min read
CleanSpark is a Bitcoin mining firm operating out of Georgia that is focused on clean energy sources. The platform has recently purchased and opened 5 new Bitcoin mining facilities. CleanSpark’s Hashrate Output As per the details, the new mining rigs will allow the platform to increase its total hashrate output by 20 exahashes per second.
Hassan Mehmood (Saudi Arabia)Updated 3 min read
As El Salvador seeks to become the epicenter of crypto in central America, other countries are impressed by its Bitcoin success. The government of Argentina has announced plans to collaborate with the Nayib Bukele administration to understand the approaches used by El Salvador to push for the adoption of crypto. Since 2021, the Salvadoran government
Kimberly CrainUpdated 3 min read
The Abu Dhabi Agriculture and Food Safety Authority (AFSA) has imposed restrictive measures on farmers mining crypto. The United Arab Emirates(UAE) regulators noted that the crypto miners used agricultural land to mine digital assets. In its advisory report, the AFSA urged farmers to avoid turning their farms into crypto-mining sites. The regulators claimed that individuals
Kimberly Crain2 min read
Crypto mining farms can receive a fine up to 10,00 dirhams or $2722 in Abu Dhabi. The Abu Dhabi Agriculture authority for UAE issued a notification for advising farmers about prohibiting all sorts of crypto mining activities on the farming land. As per the reporters, the Agriculture and Food Safety Authority has notified farmers that
Hassan Mehmood (Saudi Arabia)Updated 3 min read
Artificial intelligence (AI) tools have become very popular since OpenAI launched ChatGPT in November 2022. Although several tech companies used one or more forms of artificial intelligence before then, the generative chatbot’s conversational capability impressed most people and created an explosive AI boom. Interestingly, the strong interest in artificial intelligence has now filtered through to
James Carr (Australia)Updated 3 min read
The world of trading is evolving, and Quantwise is leading the way by ushering in a new era of intelligent trading. With AI-powered insights and a user-centric platform, Quantwise is transforming the trading experience for both crypto and Forex markets. CryptoGPT: Your AI-Powered Crypto Analyst Quantwise’s CryptoGPT is a revolutionary AI tool that serves as
Bradley Nelson2 min read
Kang Jong-Hyun: the founder and Bithumb chairman has been sent to jail for crimes ranging from taking advantage of the market to embezzlement, fraud, and mismanagement. Bithumb is the biggest cryptocurrency exchange in S. Korea and has existed since 2014, with over 8 million global users. Jong-Hyon was arrested on Thursday after a court in
Brenda Collins2 min read
Crypto exchange Kraken confirms the immediate shutdown of its US-based crypto staking-as-a-service operations. The shutdown will feature payment of a $30 million fine imposed by the US Securities and Exchange Commission (SEC) for offering unregistered securities. Constituent Kraken’s Firms Terminate the Staking Services The statement by the crypto exchange firm dated February 9 indicated that
Stephen Causby2 min read
