Venezuela Bans Crypto Mining To Protect Power Grid
In a post on X, the National Association of Cryptocurrencies of Venezuela announced that the country has banned crypto mining to protect the power grid. Due to its high electricity requirements, the Venezuelan government has joined the list of nations that disapprove of cryptocurrency mining. The Ministry of Electric Power in Venezuela has revealed plans […]
North Korea Steals $3.6 Billion In Crypto Assets
According to monitors, North Korea has stolen $3.6 billion in crypto assets from cryptocurrency companies between 2017 and 2024, with $147.5 million stolen through the virtual currency platform Tornado Cash in March alone. According to private work by UN sanctions monitors reviewed by Reuters on Tuesday, North Korea laundered $147.5 million through virtual currency platform […]
List Of Countries With The Highest Rates Of Crypto Ownership
According to data provided by Triple-A, as of 2023, the UAE and Vietnam lead the list of countries with the highest rates of crypto ownership, while India, China, and the USA top the list in terms of the total number of crypto owners. According to the percentage of the population that possesses bitcoin, the top […]
Barry Silbert – Crypto World’s New Villain
Barry Silbert emerges as the crypto world’s new villain, embroiled in legal battles over billions amid bankruptcy claims and allegations of fraud. Eric Asquith was oblivious to Barry Silbert’s identity until November 16, 2022, the day he believed his family’s $1,052,000 savings vanished. Asquith’s entry into cryptocurrency was cautious; he eschewed popular tokens like Bitcoin, […]
Could Cryptocurrencies Become As Reliable As Gold?
When asked about the potential reliability of cryptocurrencies compared to gold, Paul Goncharoff, chief manager of Goncharoff LLC, expressed uncertainty about whether Bitcoin will become as stable as gold. This month, the prices of Bitcoin (BTC) and gold have both reached all-time highs. The value of an ounce of gold reached $2,222 last week, while […]
Bitcoin Whales: Masters of the Crypto Universe
Introduction In the vast and mysterious world of cryptocurrencies, a select group of individuals reign supreme as the formidable Bitcoin whales. These enigmatic creatures hold immense power over the crypto market, capable of single-handedly influencing prices and trends. With a keen eye for market dynamics and the resources to execute large trades, Bitcoin whales have […]
The Future of Cryptocurrency in the American Gaming Market
Despite heavy regulations and restrictions surrounding online gambling in the United States, it’s indisputable that this industry has showcased substantial growth over the past decade. This phenomenon, inextricably linked with the ongoing digital revolution and a growing interest in blockchain technology, warrants an in-depth exploration. Growing Acceptance of Cryptocurrencies in the US The use of […]
He Went After Crypto Companies. Then Someone Came After Him.
According to the statement, Kyle Roche went after more than a dozen crypto companies and filed cases against them. However, someone subsequently came after him. When he arrived in London in late January 2022, Kyle Roche was riding high. At just 34 years old, he had established himself as one of the biggest players in […]
Hong Kong Set To Become Crypto Trading Hub
According to a report by Nikkei, Hong Kong is set to become a crypto trading hub with the commencement of applications for licenses to operate trading platforms and exchanges. After years of brutal crackdowns, crypto trading is coming back to China… or at least Hong Kong for now. On Thursday, Hong Kong took a step […]
Coinbase To Roll Out ‘Moving America Forward’ National Campaign For Crypto
In a blog post, Coinbase announced the rollout of the ‘Moving America Forward’ national campaign for crypto, which will kick off with a series of four different advertisements featuring Coinbase CEO Brian Armstrong. United States crypto exchange Coinbase is rolling out another national ad campaign in America focusing on the “critical” role that crypto will […]