Thu, November 14

Can Crypto Mining Platforms Find The Goldilocks Zone?

Bitcoin mining is a minefield. For those with the technical savvy and the time served in the crypto trenches, the vicissitudes of mining come easily, but for the majority of crypto users, it’s baffling. It’s one thing to have a basic understanding of hashrate, hardware costs, halving cycles, and market

July 26, 2024 4 mins read

Can the Crypto Market Sustain Its Upward Momentum?

The crypto market is concisely in the bullish momentum over the past 24 hours, with major tokens charted in green. The brief rally might have triggered the occurrences of ETH ETFs and the presence of renowned political figures in the Bitcoin conference happening at Nashville. How will the coming week

July 26, 2024 2 mins read

Sandbox Invites SHIB Community to Engage in Gaming Ecosystem

The Sandbox, a Web3 gaming company, has extended an invitation to Shiba Inu enthusiasts to engage in its decentralized gaming ecosystem. The platform is encouraging the SHIB Army to use “RiseOfTheMemecoins” within The Sandbox to secure unique SHIB-based avatars. To qualify for this offer, participants must hold both SHIB tokens

July 26, 2024 2 mins read

Senator Marshall’s Exit Marks Setback for Controversial Crypto Bill

Senator Roger Marshall, a Republican from Kansas, has withdrawn his support for the Digital Asset Anti-Money Laundering Act (DAAMLA), dealing a significant blow to the controversial legislation co-authored with Democratic Senator Elizabeth Warren. The move, announced on July 24, reduces the bill’s backing to 18 senators, complicating its legislative prospects.

July 26, 2024 2 mins read

Coinbase UK Arm Fined $4M for Breaching Regulatory Agreement

Coinbase’s UK arm, CB Payments Limited (CBPL), has been fined £3.5 million ($4.5 million) by the Financial Conduct Authority (FCA) for breaching a voluntary agreement meant to prevent the onboarding of high-risk customers. The penalty, announced on July 25, highlights significant weaknesses in CBPL’s control mechanisms. In October 2020, CBPL

July 25, 2024 2 mins read

India to Leverage Crypto Tracking in Darknet Drug Investigations

In the past several months, cryptocurrency scams have seen a sharp surge at the global level. Recently, leading Indian crypto exchange WazirX was hacked leading to the compromise of user funds. Notably, the country’s Narcotics Control Bureau (NCB) recently released a report on the Drug cases.  According to the NCB

July 25, 2024 2 mins read

Mystiko Network Faces Insider Trading Allegations Amid Airdrop

Speculation has surged on social media, accusing Mystiko Network of significant insider trading during its second airdrop. On July 5 at 16:22 UTC, the official Mystiko-Vault Community Incentives account (0xBc…25d6) distributed 20 million XZK tokens to 1,487 newly created addresses via the Multisender app. Notably, these addresses received gas from

July 25, 2024 2 mins read

India to Unveil Crypto Policy Discussion Paper by September

Economic Affairs Secretary Ajay Seth revealed that India will release a discussion paper on its cryptocurrency policy before September. This document seeks stakeholder feedback and will outline potential regulatory frameworks beyond the current focus on anti-money laundering (AML) and counter-terrorism financing (CTF) standards. According to the local news outlet, this

July 25, 2024 1 min read

Russia’s Duma Passes Law to Legitimize Bitcoin Mining in the Nation

A law to legitimize Bitcoin mining has reportedly been passed by Russia’s Duma. This measure, which was approved on the first reading, lays the groundwork for a digital currency mining sector that is regulated. A major change in the country’s stance toward cryptocurrencies is marked by the measure. Which seeks

July 24, 2024 2 mins read

Uniswap Announces UniswapX Update with New Auction Contract

Uniswap, a decentralized cryptocurrency exchange, has announced an update for UniswapX, and users are hoping for more activity. The platform’s information quotation flow will be redesigned with the deployment of a new auction contract as part of the update. Updates to UniswapX, implemented via a new auction, rework the flow

July 24, 2024 1 min read