The Canadian mining organization HUT 8 on the official website published reports on its BTC assets, which amounted to over 8100 coins in August 2022. It was reported that 375 bitcoins were mined in a month with an average daily mining rate of 12.1 BTC. While many profile companies are forced to sell off their assets in...
Indian police have arrested an alleged scammer who is involved in the theft of $31.2 million in cryptocurrencies. Local law enforcement officials assured us that they had conducted an investigation and identified a potential perpetrator. He was detained in Thane, a city in the west of the Indian state of Maharashtra. According to official figures, he could...
According to TradingView, the ratio of the two leading cryptocurrencies, ether (ETH) and bitcoin (BTC) has risen to its highest levels in 2022. On the afternoon of September 6, it was fixed at 0.0843. The last time such a level was noted was in December 2021. Thus, this parameter increased by 58% from 0.053, noted in...
Credix, a decentralized cryptocurrency lending platform, received $11.25 million in a Series A funding round. Representatives of the startup, in an interview with The Block, assured us that they plan to expand the organization’s activities in Latin America. This platform, built on the basis of Solana, connects institutional investors with fintech companies in emerging markets. Organizations...
Netflix plans to limit available ads at the cheapest subscription tier Gambling, politics, medicines, and cryptocurrency will be banned The changes will come into effect on November 1 In July, major media holding Netflix said it was planning to add a cheaper subscription with built-in ads. At the same time, the company adheres to conservative views...
The Ministry of Finance of Russia and the Central Bank recognized that in the current economic conditions, the use of cryptocurrency in international settlements is a step that needs to be legalized. The question of the approach to regulation is still open, as departments have different approaches to this issue. Nevertheless, according to Deputy Finance Minister Alexei...
Binance Stops Trading With USDC And Two Other Stablecoins They automatically convert such balances to BUSD Read all the details of innovations Binance released an important announcement. Starting September 29, they stop supporting USDC, USDP, and TUSD stablecoins. The exchange converts current balances in these currencies into its own stablecoin BUSD at the rate of 1:1. But clients will...
NFT tokens became a real hit at the end of 2021, however, with the advent of the crypto winter, the sector began to decline The market for non-fungible tokens (NFT) is not going through the best of times. According to the NFTGo platform, which tracks activity around tokens, the market has been suffering rapid losses since April 2022. For example,...
As of September 5, 52 million erroneously issued aUSD coins remain in the network. In total, 281 addresses were involved in the incident, according to the report of the Acala parachain team. In August, a bug in the iBTC/aUSD liquidity pool smart contract led to the issuance of a “significant amount” of the stablecoin. 16 addresses claimed a total of...
MicroStrategy is preparing a package of enterprise products based on LN Sailor says Lightning is the biggest technology in the industry right now The company aims to integrate the network to make cryptocurrencies more accessible Yesterday, on September 4, the Baltic Honeybadger bitcoin conference ended in Riga. MicroStrategy CEO Michael Saylor was among the speakers. During his speech,...
