After China’s Crypto Crackdown ETH Hash Rate falls sharply. The Ethereum hash rate reflects the overall performance of all miners. The network’s hash rate was on an upward trend from January 2020. China’s decision to crackdown on mining operations has seriously affected many Bitcoin miners. Ethereum also observing the heart.
Ever since cryptocurrency took over the world, each and every day is of a surprise. Every day a new update, a new cryptocurrency playing the hero for the day in the market, the fall of a prominent cryptocurrency, etc are some events that bring the element of surprise for crypto
Robinhood, a prominent trading and stocks exchange firm, now leading in cryptocurrency exchanges too planned to make Initial Public Offering (IPO). Under the sightings of the recent cryptocurrency market trend by SEC, Robinhood’s IPO plans are halted for now. The Postpone of Robinhood IPO Robinhood Markets Inc is basically an
Many investors still buy cryptocurrency Cardano (ADA) in Dip. Bitcoin and other major altcoins show bearish signals. Cardano partners With Orion Protocol. CoinMarketCap data shows that Bitcoin and other major altcoins show bearish signals. However, many investors wonder whether this drop is just a correction or not. Despite the crypto
Binance has launched the much-awaited NFT trading platform through the Binance exchange itself. It will be functioning as an attribute of Binance specifically towards trading and pricing of various NFTs. The Announcement The news has been around for a long time, and many were eagerly looking forward to it. Non-Fungible
Yet another Bitcoin scam, that too from South Africa again. The Africrypt founders, brothers Ameer Cajee and Raees Cajee, disappear, fleeing with $3.6 billion worth of Bitcoin (BTC). This marks another Bitcoin scam from the same region of South Africa. The Scam to Limelight Africrypt remained a prominent cryptocurrency exchange
All the major countries all over the world are completely submerged into regulations and reforms in their cryptocurrency industry. This contagion has not spared South Korea too. Most cryptocurrency exchanges are facing tremendous hardships in order to cope up with the regulations. Gyeonggi-do’s Seizures Gyeonggi-do is South Korea’s largest and
UK regulatory warns 111 crypto firms for not registering with FCA. Millions of UK adults are holding crypto now. FCA also established the “Temporary Registration Regime” earlier. The Financial Conduct Authority (FCA) of the United Kingdom, which is in charge of regulating the crypto industry in terms of anti-money laundering
Fireblocks is facing a legal suit for failing to backup the private keys to the pockets. The lost pocket contained 38,178 ETH, estimated to be greater than $72 million at the time. Fireblocks Faces a Lawsuit The Crypto-custody provider, Fireblocks is an all-in-one platform to store, transfer, and issue digital
An American attorney and former business executive, Chris Giancarlo, the former Chairman of the US Commodity Futures Trading Commission. One of the few high-profile officials who served under the administrations of both Obama and Trump. As the former Chairman of Commodity Futures Trading Commission, Giancarlo’s last venture was a digital
