News

A virtual currency cannot be circulated in the market as a currency, therefore a vehicle sale contract wherein parties agreed that the buyer would pay with a privately issued digital currency is invalid, a Chinese court has ruled. The…
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An iceberg trade is most often executed by large institutional investors.  Iceberg orders, also known as reverse orders, are mostly used by market makers, which is another word for an individual or firm who is providing offers…
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While bitcoin’s price dropped below the $20K region, the network’s hashrate slipped under the 200 exahash per second (EH/s) region to 167 EH/s on June 18. At the time of writing, the hashrate is coasting along at 184 EH/s after a…
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Since 2020, miners on the Ethereum blockchain have extracted around $600 million from other investors by miners, according to a new report by the Bank for International Settlements (BIS) focusing on common malpractice in the crypto…
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Babel Finance – an Asian crypto lending platform coming off a $2 billion valuation – has revealed that it is facing liquidity pressures. In response, it has paused all withdrawals and redemptions from the products on its…
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A group of 14 United States senators and House representatives have signed a letter to the Environmental Protection Agency extolling what they believe are the benefits of crypto mining.In a Thursday letter, many U.S. lawmakers including…
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HNT was moving towards a one-week high on Friday, as it rebounded following losses in yesterday’s session. Prices have now risen for two of the last three days, and this comes as XMR climbed for the first time in nearly two weeks.…
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Watchmaker TAG Heuer has partnered with the well-known NFT community surrounding Bored Ape Yacht Club and CLONE-X to create a smartwatch that displays NFTs, and connects to crypto wallets such as MetaMask and Ledger Live.The company says…
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The American business magnate and Co-Founder of Microsoft – Bill Gates – blasted non-fungible tokens (NFTs) for not providing any use-cases to society. In his view, cryptocurrencies and digital collectibles are based on…
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Washington is keenly watching the crypto sector in the wake of crypto lender Celsius Network’s run into liquidity trouble this past week. The lender, the largest in the crypto industry, announced a pause to all customer withdrawals and…
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