Sun, March 9

Prominent Mining Pool ‘Poolin’ Temporarily Halts Withdrawals

This mining pool is responsible for 10.4% of the total hashrate in Bitcoin mining. The group also announced the temporary suspension of BTC and ETH balance payouts. Poolin, a mining pool headquartered in China, has temporarily suspended wallet withdrawals due to cash flow concerns. Given Poolin’s massive scope, the withdrawal

September 6, 2022 1 min read

Netflix Rejects Crypto Commercials in Ad-supported Memberships

There were restrictions on pharmaceutical advertising as well. The average cost of this new service is estimated to be roughly $8. The epidemic was a boon for Netflix and other media streaming providers. Their subscription count skyrocketed, catapulting them into the spotlight. However, this viewpoint ultimately failed to gain traction.

September 6, 2022 2 mins read

Australia Federal Police Launches Dedicated Crypto Crime Division

It is generally agreed that adoption and regulations go hand in hand.  Even as law enforcement was growing acquainted with the concept of cybercrime, a new chapter opened up with the advent of crypto-related criminal activity. In the previous several years, there has been a slew of arrests related to

September 6, 2022 1 min read

Audits of British Fintech Revolut Under Scrutiny Over Flaws

The audits of pro-cryptocurrency bank Revolut reportedly had problems, as reported by the Financial Times, United Kingdom. A Financial Reporting Council (FRC) assessment from July said that the audit of a certain corporation (which was not identified) had flaws. The FRC said that there was “the risk of an undetected

September 5, 2022 2 mins read

New Prime Minister of the UK ‘Liz Truss’ a Crypto Advocate?

Truss will be formally appointed on Tuesday as the next Prime Minister. Truss tweeted in 2018 that the United Kingdom should embrace cryptocurrency. To become the next Prime Minister of the United Kingdom, Liz Truss has prevailed against crypto advocate Rishi Sunak. After former Prime Minister Boris Johnson submitted his

September 5, 2022 2 mins read

Massive Bitcoin Selloff Surfaces Amid Bearish Market Conditions

5,000 Bitcoins (now worth $100 million) transferred to the crypto exchange Kraken. One of the largest BTC whale addresses transferred all of its holdings to exchange. Bitcoin (BTC), the most popular cryptocurrency, has been trading at a price below $20,000 for some time. At the time of writing, according to

September 5, 2022 2 mins read

U.S Congressman Considers Crypto as Threat to National Security

California Assembly approved a measure to regulate crypto services. Sherman can’t make up his mind on the best strategy to safeguard crypto investors. In the USA, certain states like California have tightened their rules on cryptocurrencies. For instance, only last week it was announced that the California Assembly had approved

September 5, 2022 2 mins read

PwC Venezuela’s Twitter Hacked, Offers Fake Crypto Giveaway

PwC Venezuela’s Twitter now has over 37,000 followers. Links directed to a website pretending to represent Ripple and offering free XRP. PwC Venezuela’s Twitter account was hacked and used to advertise a fake crypto giveaway. The Twitter account started the blatant hoax at 2:13 AM UTC by sending links to

September 5, 2022 1 min read

U.S Authorities Proposes Crypto Inclusive Amendment of Form PF

The new definition gives “digital assets” their own distinct category from cash. Tokens, coins, and virtual currencies are all in this category. Consistent rules are now crucial in the crypto industry. Within a short period of time, the sector changed from being widely ignored to being subjected to intense scrutiny.

September 4, 2022 1 min read

Blackrock To Use CF Benchmarks for Bitcoin Price Indexing

 Adoption of a benchmarking standard is a necessary part of its crypto strategy. Since its 2017 inception, CF Benchmarks has established an impressive reputation. The world’s biggest asset manager, BlackRock, has almost finished securing its foothold in the crypto space. The asset management behemoth is aiming to use a Kraken

September 4, 2022 2 mins read