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 […]
Creditors Of Bankrupt FTX To Receive As Much As 142% Of What They Are Owed
FTX’s bankruptcy is yielding an unexpected outcome and creditors could receive up to 142% of what they are owed. This remarkable recovery is due to FTX’s asset liquidation and the recent cryptocurrency boom. When the cryptocurrency market was experiencing a massive comeback in March, we made a joke about the creditors of Sam Bankman-Fried’s bankrupt […]
Argentina To Mine Bitcoin With Natural Gas
Argentina’s YPF Luz collaborates with Genesis Digital Assets to mine Bitcoin using natural gas from oil fields, turning stranded energy into a resource. Bitcoin is becoming more and more popular in Argentina’s energy sector. This is the case with a state-owned facility that uses natural gas that has been stranded from oil fields and would […]
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 […]
The New Satoshi Emails: 120 Pages On The Origins Of Bitcoin
The new Satoshi emails, spanning over 120 pages on the origins of Bitcoin, were made public by Martii ‘Sirius’ Malmi, one of Satoshi’s first collaborators. Martii ‘Sirius’ Malmi, one of Satoshi Nakamoto’s first collaborators, has made public every email exchange he had with the man behind Bitcoin. The new emails are the most important contribution […]
Senator Elizabeth Warren Honors Satoshi Nakamoto With Flag Over Capitol
Senator Elizabeth Warren honored Satoshi Nakamoto with a flag over the Capitol as part of the Capitol Flag Program, recognizing the creation of the first ‘truly inclusive financial system. Unexpectedly, Elizabeth Warren, a longtime opponent of Bitcoin on Capitol Hill, has seen the light and has publicly celebrated the 15 years since the network’s launch […]
Binance Pleads Guilty To Money Laundering, Faces Over $4 Billion In Fines
The DOJ has announced that Binance pleaded guilty to money laundering, and faces over $4 billion in fines, and Mr. Zhao consents to resign as CEO of Binance. The founder of Binance, the largest cryptocurrency exchange in the world, Changpeng Zhao, entered a guilty plea to charges of money laundering, agreed to resign, and paid […]