While other regions have restricted Bitcoin mining for its high-energy consumption and environmental impact, the New York town of Massena has given the most bizarre reason to ban Bitcoin mining. City officials, who are concerned about the appearance of the city, have imposed a three-month ban on Bitcoin mining in
Ark Invest has increased its Bitcoin stash by acquiring an additional 310,000 shares of Grayscale Bitcoin Trust (GBTC) as the flagship cryptocurrency dipped below $30,000 on Tuesday. The asset management firm with over $52 billion worth of assets under management purchased the shares for its ARK Generation Internet
Cross-chain decentralized exchange THORChain has suffered yet another multi-million dollar attack, making it the second time the platform has been exploited in the past one week. As reported by BTC PEERS, THORChain lost about $5 million in a flash loan attack last week. This latest attack brings the reliability of
Mike McGlone, the senior commodity strategist at Bloomberg Intelligence, has shared his predictions about the long and short term status of Bitcoin. He opined that the world’s largest cryptocurrency stands a better chance of reclaiming previous highs in the $60,000 region than receding beyond its current value to
Twitter CEO Jack Dorsey has explained that Bitcoin will have a big part to play in the future of his social media company. During Twitter's second-quarter 2021 earnings conference call on Thursday, Dorsey, who is an avid Bitcoin supporter, spoke about how the world’s largest cryptocurrency could
Customers of U.S. investment bank JP Morgan Chase can now invest in cryptocurrencies. According to a Thursday report by Business Insider, the banking giant has permitted its advisers to undertake crypto trades for interested clients. Consequently, all JPMorgan clients, including those seeking financial advice, clients serviced by the private
Trevor George Smith Jnr., aka, Busta Rhymes has officially joined the league of Bitcoin holders. The American rapper and songwriter made the decision following the just concluded “The B Word” virtual conference, which featured the likes of Elon Musk of Tesla & SpaceX, Jack Dorsey of Twitter & Square, and
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From an elusive, online concept to a proper global financial ecosystem, cryptocurrencies have come a long way in a little over a decade. A few years ago, there were only a handful of coins and tokens. Today, CoinMarketCap shows a number of over 9500. In this vast ocean of different
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Decentralized exchanges have become an integral part of the cryptocurrency trading industry. These solutions empower users and are non-custodial. Soldex, one of the up-and-coming DEXes, will try its hand at AI-powered trading to give users an optimal experience. crypto-trading-accessible">Making Crypto Trading Accessible While the cryptocurrency industry has
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ShibaLink, a community-driven accelerator and swapping platform, has launched its ERC-20 token, SLINK, a press release on July 20 reveals. ShibaLink Audit and Developer Program The platform, which offers support to early developers seeking to leverage the blockchain and launch, transparently connects innovators on Ethereum, Polygon, Binance Smart Chain (BSC)
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Liti Capital stacks a new asset class on top of your cryptocurrency investment and invites token holders to help them take down crypto scammers. Investing in crypto typically comes down to buying this coin or that coin. People buy coins from trending companies to try to make a quick turnaround
SEC Commissioner Hester Peirce has expressed her displeasure over the agency’s reluctance to approve a Bitcoin exchange-traded fund (ETF) on U.S. soil. Pierce, who has earned herself the title of “Crypto Mom,” aired her views at the just concluded online “The B Word” conference on Wednesday. For some
Despite being an avid Bitcoin critic for several years, JPMorgan is finally losing its anti-crypto stance. Back in April, the American multinational investment bank began hunting for skilled Ethereum developers. In a recent Bloomberg interview, an exec of the company admitted that many of its clients now view Bitcoin as
Just a few days after New Jersey regulators issued a Cease and Desist order to BlockFi, stopping it from issuing new accounts in the region, the decentralized crypto lending platform has been hit by another regulatory hurdle from the Alabama Securities Commission (ASC). The Commission is looking to stop the
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Global cryptocurrency and digital asset exchange MEXC is partnering with Unicrypt to help develop its ecosystem and provide MEXC customers with access to Unicrypt’s unique defi services and protocols. Built from the ground up by a passionate and dedicated team, inspired by Uniswap founder Hayden Adams, Unicrypt is designed
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Investing in meme coins is not a stroll in the park if you want to hit it big and earn good returns on your investment. Meme coins have risen in popularity in recent times, all thanks to Elon Musk and his antics with Dogecoin. It is important to know that