CleanSpark has announced the purchase of 12,500 units of the Antminer S19 XP bitcoin mining machines for a sum of $40.5 million. Once CleanSpark receives a shipment of the miners, its total hash rate is expected to reach 16 eta hashes per second...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Global currency reserve (GCR), a cryptocurrency, has experienced a significant surge in value, with a 24-hour gain of 46%. This price increase indicates heightened market interest and trading activity...
Amidst growing regulatory challenges in the U.S., Coinbase, a prominent public cryptocurrency exchange, pushes forward with its plans to roll out bitcoin and ether futures contracts targeted at institutional investors. In the midst of increasing regulatory scrutiny in the U.S., leading public cryptocurrency...
The U.S. Senate is working on a draft bill shifting digital assets initially classified as securities to be regulated as commodities. The proposed legislation presents a pathway for the regulation of digital assets, providing clarity and consistency in the evolving landscape of cryptocurrencies....
Swiss digital asset service provider, Taurus, has formed an alliance with Ethereum blockchain scaling network, Polygon. Switzerland-based Taurus, a provider of services including custody, tokenization, and trading of digital assets, has announced a strategic partnership with Polygon, an Ethereum scaling network. This partnership...
recover stolen cryptocurrency: The increasing popularity of cryptocurrencies has unfortunately led to a surge in cryptocurrency theft, scams, and fraudulent activities. Victims of these crimes often find themselves at a loss on how to recover their stolen funds. In this comprehensive guide, we...
Arthur Hayes, the co-founder & CIO of the cryptocurrency and derivative trading platform BitMEX, suggests “Patience is Beautiful” in an essay dated June 1, 2023. In his in-depth write-up, he highlights the Federal Reserve and U.S. Treasury are capitalizing on interest income from...
Following a period of feedback collection on central bank digital currencies (CBDCs) earlier this year, Kenya’s central bank (CBK) has told the public that a CBDC is not a priority. Additionally, the CBK has expressed the view that the appeal of CBDCs is...
Nigeria’s cryptocurrency landscape has experienced ongoing turmoil, with citizens embracing digital assets while the government remains steadfast in its opposition. In response, the government has enforced a ban on cryptocurrencies, prohibiting individuals from engaging in crypto transactions through their bank accounts, prompting the...
Victim of Cryptocurrency Scam? How to Get Your Money Back The rise of cryptocurrencies has opened up new opportunities for investors worldwide. However, with these opportunities come risks, including the possibility of falling victim to cryptocurrency scams. If you have found yourself in...