To enable the transmission of orders and signals to Bitcoin mining gears, Tether developers are releasing ground-breaking JavaScript libraries. Tether CTO Paolo Ardoino announced on Twitter that certain components of the mining software would be released as open source in the future. Improved efficiency in managing mining capacity is the
With its financial markets regulator soliciting public views on its proposed regulatory framework controlling digital assets, such as cryptocurrency. The Sultanate of Oman is moving closer to adopting its own virtual asset rules. Based on feedback from the public, the Capital Market Authority (CMA) of Oman released a consultation document
According to the metrics by Santiment, an analytics platform it is noted that XinFin (XDC) ranks 43rd position with a market capitalization of around $1 billion. Meanwhile, the XDC price recently witnesses a 15% and reached a recent high of $0.092. 📈🧑💻 #XinFin's price ascension has launched it to the
On Friday, Global X joined other industry participants in submitting paperwork to list a spot bitcoin exchange-traded fund (ETF) product. If the fund gets the go-light from regulators, it will boost widespread Bitcoin exposure. In addition to Grayscale’s petition to appeal the SEC’s denial of its intended spot-bitcoin ETF conversion,
The Bank of Russia (BoR) has unveiled the official logo for the CBDC initiative it has been developing in Russia. Commission fee rates have also been released by the central bank, and they are expected to rise above zero in 2025. The Bank of Russia (BoR) unveiled the official identity
Shiba Inu (SHIB), one of the popular memecoin cryptocurrencies has surged abruptly with an increase of 5.50% in the last 24 hours. Meanwhile, SHIB gave a jaw-dropping moment in regard to its last month’s performance with a 16.16% surge. $SHIB great pump https://t.co/GCNcZIoWdb pic.twitter.com/QUNYyAARMn — $SHIB KNIGHT (@army_shiba) August 4,
Revolut has decided to discontinue offering cryptocurrency trading services to US users as of September 2023. This is due to regulatory uncertainties in the US. On Friday, August 4th, a Revolut representative stated that from September 2nd, the company will no longer enable customers in the United States to purchase
Block Inc., a company that facilitates Bitcoin payments, has announced that its gross profit for the second quarter of 2023 was $1.87 billion, up 27% year over year. In addition, Bitcoin accounted for $2.4 billion of the firm’s reported $5.5 billion in net revenue during the second quarter. Bitcoin revenue
On Wednesday, the Kenyan Ministry of the Interior announced on its Facebook page that it had suspended activities of Worldcoin, while the country’s financial, security, and data protection services investigated the legality and data security of the project. The Ministry stated: “The Government is concerned by the ongoing activities of
BlackRock, a firm that manages $9 trillion in assets, is under investigation by the US government for possible illegal Chinese investments. Legislators are concerned that Americans’ retirement savings are being used to prop up Chinese companies that the United States has blacklisted due to security and human rights concerns. According
