News

Sentiment across the cryptocurrency market plunged even deeper on May 9 as an escalation in the ongoing sell-off intensified with bears pushing Bitcoin (BTC) to $30,334, its lowest price since July 2021. Crypto Fear & Greed Index.…
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Amid the sharp pullback across Bitcoin (BTC) and the wider crypto market this week, the Luna Foundation Guard (LFG) is set to deploy $1.5 billion worth of capital to “help protect” Terra USD’s peg to the U.S. dollar. The Singapore-based…
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Balancer is one of the most popular automated market makers (AMMs) and decentralized exchanges on the Ethereum network. It allows users to instantly swap tokens and earn fees when they provide liquidity to different…
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The U.S. Securities and Exchange Commission (SEC) has charged Nvidia Corp. for failing to disclose that crypto mining significantly boosted its revenue. The company agreed to a cease-and-desist order and to pay a $5.5 million penalty.…
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The U.S. Securities and Exchange Commission (SEC) has halted a $62 million global cryptocurrency trading and mining scheme and the Department of Justice (DOJ) has indicted its CEO and founder. If convicted of all counts, he faces a…
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On Saturday, the cryptocurrency mining platform Nicehash revealed the company has “fully Nvidia’s ” graphic processing units (GPUs). Nicehash says the firm’s Quickminer mining software is the first protocol that can unlock LHR GPU…
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One of the first punitive measures leveled against Russia in response to the military invasion of Ukraine was the implementation of economic sanctions aimed at isolating the country from the international financial system. On March 12,…
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Blockchain analytics firm Chainalysis’ latest report indicates that NFT activities have slowed down in 2022, with growth beginning to pick up again since mid-April. The document also noted that growing interest derived…
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The United States continues to be a global leader in embracing the cryptocurrency industry thanks to the work of Sen. Patrick Toomey, with the White House being at the forefront of crypto regulation. Last year, President Joe Biden signed…
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The Central African Republic is under scrutiny from financial analysts, entrepreneurs, and the International Monetary Fund (IMF), drawing unfavorable comparisons with El Salvador’s bitcoin project. Academics and businessmen have…
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