Bitcoin’s hashrate has fallen to its lowest levels since early November as mining operations in China start unplugging. Bitcoin’s network hashrate, a measure of its computational horsepower, has slumped 46% since its peak level in mid-May. According to Bitinfocharts, Bitcoin hashrate is currently 91.2 EH/s (quintillion hashes per second), close […]
A Dogecoin-donned race car hit a wall in spectacular fashion over the weekend as DOGE fared much the same in the markets. Saturday’s National Association for Stock Car Auto Racing (NASCAR) Xfinity Series Race in Nashville ended in disaster for the Dogecoin sponsored car, with the DOGE-emblazoned Chevrolet Camaro driven […]
The Canadian Elite Basketball League (CEBL) became the first pro sports league in North America to adopt Bitcoin as a mode of payment for salaries. CEBL has partnered with Bitbuy, a Canadian crypto platform, to offer the league players a portion of their pay in the world’s largest cryptocurrency. According […]
Of the panels and individual discussions that kicked off Day 1 of the Coingeek Zurich conference in Switzerland, one was about non-custodial technology. Zumo CEO and co-founder Nick Jones and CPO and co-founder Paul Roach joined Bitcoin Association Founding President Jimmy Nguyen and Jimmy Duffy for the panel titled, “Zumo: […]
The Securities and Exchange Commission (SEC) has extended charges in a $30 million fraud case, covering an additional three defendants thought to have been involved in the swindle. The fraud under investigation was led by convicted fraudster Boaz Manor, alongside his criminal associate Edith Pardo. Manor and Pardo founded CG […]
A pro-bitcoin congressman in Paraguay says he will present bitcoin legislation in congress next month with the aim to make Paraguay a hub for cryptocurrency investors worldwide. His efforts follow El Salvador passing a bill making bitcoin legal tender. Paraguay Wants to Be Global Hub for Crypto Investors Following El […]
One of the most powerful men in the cryptocurrency industry thinks that the world’s largest cryptocurrency is its own worst enemy. Bitcoin has been the king of crypto for a very long time. Although the cryptocurrency has remained the top choice for most retail and institutional investors in recent years, […]
Tesla is going through a bit of a slow period right now, and according to analysts of Morgan Stanley, this may be because of Elon Musk and his obsession with bitcoin. Elon Musk Is Driving Tesla Shares Down Elon Musk has gone back and forth in recent months regarding the […]
In a stable week for news, let’s take a look back at the biggest news stories from the worlds of Forex, Fintech and Crypto, in our best of the week segment. XRP Wallet Transfers 176 Million Coins The trading week started with news that XRP whale addresses have started moving the […]
India’s Narcotics Control Bureau (NCB) has arrested a Mumbai resident known as “crypto king,” who allegedly used bitcoin to purchase narcotics on the dark web. Indian cryptocurrency exchange Wazirx says the accused is not one of its customers. ‘Crypto King’ Arrested in India A Mumbai resident, Makarand Pardeep Adivirkar, also […]
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