The Bitcoin market has been in the spotlight recently as the price of Bitcoin continues to climb higher. Meanwhile, a new stake-to-mine Bitcoin alternative called Bitcoin Minetrix is making waves with its successful ICO, raising over $4 million. In this article, we will analyze these developments and explore the potential impact they could have on
South Korea’s National Pension Service (NPS) has made an impressive profit of 40% from its investment in Coinbase stocks, a U.S.-based cryptocurrency exchange. This marks a significant move for the NPS, which typically avoids direct investment in cryptocurrencies due to their volatile nature. Instead, the pension fund seeks exposure to the emerging industry through investments
Solana (SOL) has experienced a remarkable rally in recent days, surging over 50% and surpassing the $60 resistance level against the US Dollar. This impressive price action suggests that SOL may continue its upward trajectory and potentially reach the $75 level. After successfully breaching the $55 resistance level, SOL began its major rally. The current
In the ever-evolving world of cryptocurrency mining, Hong Kong-based crypto technology company ASICRUN has set itself apart with its latest offerings, claiming to possess “unparalleled mining performance.” With the release of the AR1, AR2, and EliteAR ASIC miners, ASICRUN aims to revolutionize crypto mining with exceptional hash rates and energy efficiency. The AR1 miner, the
In a letter addressed to the U.S. Treasury, American lawmakers have expressed their concerns about the proposed taxation scheme for digital assets, stating that it could hinder innovation and have a negative impact on the digital asset ecosystem. The lawmakers specifically refer to the taxation rules put forward by the Treasury on August 25, which
The U.S. House Subcommittee on Digital Assets, Financial Technology, and Inclusion recently convened a hearing titled “Crypto Crime in Context: Breaking Down Illicit Activity in Digital Assets.” The purpose of the hearing was to shed light on the nature and extent of criminal activities within the digital asset ecosystem. Experts in blockchain technology, financial regulation,
Launchpad XYZ has caught the attention of crypto venture capitalists as it aims to democratize algorithmic trading through its custom AI assistant, Apollo. With over $2 million raised in the presale, investors are eagerly buying into the platform’s vision of providing easy and accessible crypto trading for newcomers to the space. This article explores the
Poloniex, a popular cryptocurrency exchange, has announced that it has resumed deposit and withdrawal services after falling victim to a significant security breach. The incident, which occurred on Nov. 10, resulted in the theft of over $100 million worth of digital assets, including Ethereum (ETH). This malicious actor managed to compromise one of the exchange’s
An XRP and crypto enthusiast known as Krippenreiter recently shared exciting news about the latest version of the XRP Ledger on X (formerly Twitter). This upgraded ledger introduces significant core updates and new functionalities that will enhance the XRPL ecosystem. Krippenreiter mentioned that the new version is expected to be available to all node operators
Russia’s trade ministry recently announced the development of a tool that aims to assist crypto miners in evading Western sanctions. The Ministry of Industry and Trade claims that this tool will enable Russian businesses to conduct industrial mining activities and facilitate cross-border payments. While the details of the tool remain unclear, Anton Tkachev, the First