BitMEX, a leading cryptocurrency exchange based in the Seychelles, has pleaded guilty to breaching the Bank Secrecy Act (BSA) between 2015 and 2020, as announced by the U.S. Department of Justice (DOJ) on Wednesday. Court documents reveal that BitMEX intentionally failed to implement a know-your-customer (KYC) and anti-money laundering (AML)
Bitfarms, a Bitcoin mining firm based in Canada, has named Ben Gagnon as its new chief executive officer (CEO) amidst ongoing rivalry with Riot Platforms, Ltd. Given Bitfarms’ present struggle for power with Riot Platforms, this leadership transition is very crucial. Starting today, Ben Gagnon, who had previously been Bitfarms’
The fusion of artificial intelligence into crypto trading platforms has altered the dynamism of investing as we know it. Thanks to RCO Finance (RCOF), investors will now have an advantage against the kinks of the crypto market, which are usually characterized by extreme volatility. With the inclusion of a robo-advisor,
Amid the rising activities of Bitcoin miners and the looming potential for an XRP bull market, BlockDAG stands out with its innovative technologies and strategic advancements. These advancements have been prominently showcased in its recent Moon-shot Keynote, which received high praise from the well-known influencer “Goalorious.” With a record-breaking presale
The latest product makes it easy for everyone to mine popular cryptocurrencies such as Bitcoin, Ethereum and Litecoin, removing the barriers of expensive hardware and technical expertise. Utilizing advanced cloud mining technology, users can easily obtain a mining contract and start making profits immediately. KKminer’s solution guarantees accessibility and profitability,
BlockDAG has recently garnered significant attention following its latest CoinMarketCap listing event, successfully raising $35.9 million. This substantial fundraising has positioned it as a key cryptocurrency to watch in 2024. Despite the compelling announcements from Toncoin and the notable price fluctuations of Chainlink (LINK), BlockDAG’s exceptional fundraising performance, coupled with
Solana validators are set to receive the entirety of priority fees from transactions, following a recent governance vote that passed with 77% approval. This change aims to enhance network security and efficiency. Previously, priority fees were split, with half burned and the other half going to validators, leading to side
Subsquid has announced that it has secured $17.5 million in investment to develop its omnichain indexing solution. With the integration of the Web3 indexing provider’s SDK with Google BigQuery, developers may now analyze robust blockchain data. Google and Subsquid’s integration offers businesses and big data analytics a potent blockchain data source.
Victoria, Seychelles, May 10th, 2024, Chainwire Bitget Wallet, a prominent Web3 wallet and DeFi gateway, has announced two groundbreaking updates set to significantly enhance overall user trading experience: a Instant Swap mode, and a dedicated Solana Priority Fee solution. These additions mark a prominent milestone in the wallet’s global
Despite missing revenue projections, Bitcoin (BTC) mining business Riot Platforms announced a whopping $211.8 million net income for Q1 2024, up 1,000% year-over-year. The primary driver of the 55.4% year-on-year growth in mining income to $74.6 million, as revealed in Riot’s first quarter earnings announced May 1, was the 131%
