Fri, November 29

ZachXBT Levels Yet Another Allegation Against Lark Davis

Reportedly, Davis pulled $2.5 million out of Celsius before the firm filed for bankruptcy. Lark has endorsed Celsius before, sharing his appreciation for the brand. After being one of the marketers for the defunct cryptocurrency firm Celsius Network, crypto influencer Lark Davis managed to walk away with $2.5 million. Crypto

October 8, 2022 1 min read

Blockchain Developer Claims Finding Satoshi’s 0.1v BTC Codebase

For more than a decade, the original 0.1 Bitcoin coding attributed to Satoshi Nakamoto was believed to have been lost. While it is possible to retrieve bits and pieces of code by searching, doing so is incredibly challenging. Jim Blasko, a blockchain developer, said on Facebook on the 7th of

October 8, 2022 2 mins read

Crypto Market Fumbles Post U.S Unemployment Data Release

Pre-market trading saw declines of more than 1% for the S&P 500. Non-farm payrolls in the United States for September came in higher than forecast. When the September non-farm payroll report from the U.S. Bureau of Labor Statistics was made public, the price of bitcoin dropped by more than 4

October 7, 2022 2 mins read

Discounted Tariff For Crypto Mining To Be Eliminated in Norway

The finance minister of Norway, Trygve Slagsvold Vedum, has proposed that the government do away with a programme that gives crypto data centers a discounted cost on power. The Norwegian government made a proposal on Oct. 6 that might affect Bitcoin miners by making data centers in the nation pay

October 7, 2022 1 min read

FTX Branded Visa Debit Cards in 40 Countries –  Crypto Adoptions Are Surging!

As the entire market is witnessing a bearish scale at present, some financial giants are initiating challenging tasks in the crypto industry. Witnessing, digital currencies becoming the future, the payment giant – Visa is building a bridge into crypto space. Further the active engagement of the users in crypto made

October 7, 2022 2 mins read

CME Group Files for Futures Commission Merchant Status

CME submitted the registration back in August. The CFTC has not yet granted FTX clearance organization status for derivatives. The WSJ stated that the CME Group, the biggest financial derivatives exchange in the world, has applied to become a futures commission merchant (FCM). According to WSJ writer Alexander Osipovich, CME

October 6, 2022 1 min read

Bitcoin’s Total Network Hashrate Hits an All-time High

The rise in hashrate has coincided with the mining difficulty of Bitcoin reaching a record high. The maximum rate of 321.15 exahashes per second is equivalent to 0.32115 ZH/s. According to data compiled by coinwarz.com, Bitcoin’s overall hashrate reached an all-time high (ATH) on Wednesday, at block height 757,214. The

October 6, 2022 1 min read

National Debt of United States of America Surpasses $31.4T

Recent estimates put daily debt growth in 2022 at $5.6 billion. US inflation reached a 40-year high, another factor in the hike in interest rates. The global spread of the epidemic only caused misery for people everywhere. The fight against the deadly coronavirus brought home to millions of people the

October 5, 2022 1 min read

European Parliament Votes in Favor of Crypto Tax Policies

Only 7 of the 705 MEPs were opposed to the resolution while 47 were missing. Small investors and transactions are also taken into account by the resolution. The European Parliament has approved a plan to use blockchain technology to provide a more robust approach to minimizing instances of tax evasion,

October 5, 2022 1 min read

Swiss McDonald’s Accepts BTC and Tether Payments

McDonald’s starts accepting BTC and USDT payments in Switzerland. Lugano city’s McDonald’s to be the first to accept crypto payments. City of Lugano is keen on making the city completely crypto based. McDonald’s, the world’s one of the first widely spread out multinational global fast food chains, has been accepting

October 4, 2022 2 mins read