Mining Blog & Mining News

Mining Blog & Mining News

Crypto Community in Israel Unites to Launch 'Crypto Aid Israel' for Displaced Citizens

Crypto Community in Israel Unites to Launch 'Crypto Aid Israel' for Displaced Citizens Tel Aviv, Israel, October 9th, 2023 - Following the ongoing attacks against Israel, a collective of local leaders in the crypto space have joined together ​​to establish Crypto Aid Israel to raise funds for displaced citizens in need of humanitarian aid.With over 4,000 rockets shot at Israel, Hamas terrorists infiltrated communities along the Gaza Strip, combined with an assault by dozens of gunmen w...
Crypto Community in Israel Unites to Launch 'Crypto Aid Israel' for Displaced Citizens

Biggest Crypto Gainers Today on DEXTools – DEE, KINGDOM, LOONG

Biggest Crypto Gainers Today on DEXTools – DEE, KINGDOM, LOONG Major blue-chip cryptocurrencies continue to slide, with Bitcoin (BTC) last trading in the $27,300s, down close to 1%, and Ether (ETH) last trading just to the north of $1,550 and down a little over 1%.Bitcoin remains in a short-term uptrend, but is threatening a downside break, which would be confirmed if the cryptocurrency broke under $27,000 once again.Ether, meanwhile, continues to face headwinds following the recent underwhelmin...
Biggest Crypto Gainers Today on DEXTools – DEE, KINGDOM, LOONG

SBF's Lawyers Seek To Cross-Examine Gary Wang on Counsel’s Involvement in Alameda Loans

SBF's Lawyers Seek To Cross-Examine Gary Wang on Counsel’s Involvement in Alameda Loans In the ongoing multi-billion fraud trial of the bankrupt FTX exchange, Sam Bankman-Fried (SBF) has blamed lawyers' involvement in structuring the loans issued to FTX co-founder Gary Wang by Alameda Research.As a result, SBF’s lawyers have requested Judge Lewis Kaplan to cross-examine Wang further about his knowledge of the lawyers' involvement.The interrogation would also include questions such a...
SBF's Lawyers Seek To Cross-Examine Gary Wang on Counsel’s Involvement in Alameda Loans

TG.Casino Review, Bonuses & Promo Codes 2023

TG.Casino Review, Bonuses & Promo Codes 2023 TG.Casino is a new crypto casino and sportsbook available on Telegram. It’s one of the only licensed casinos that enables players to join fully anonymously. TG.Casino may be new, but it already boasts hundreds of games and dozens of sports betting markets.In our TG.Casino review, we’ll take a closer look at this casino and sportsbook to help players decide if it’s the best place to wager.What is TG.Casino?TG.Casino is a crypto casino and sportsboo...
TG.Casino Review, Bonuses & Promo Codes 2023

Binance $1 Billion Industry Recovery Fund Post-FTX Underperforms

Binance $1 Billion Industry Recovery Fund Post-FTX Underperforms Binance CEO Changpeng Zhao's plan to rescue the cryptocurrency market has fallen short of expectations eleven months after launch.Since the launch of the Industry Recovery Initiative (IRI), the company has only spent less than $15 million out of an announced $1 billion fund, Bloomberg wrote. Last year was plagued by two major falls which sent the market to sharp lows; the Terra Network and the cryptocurrency exchange, FTX.After...
Binance $1 Billion Industry Recovery Fund Post-FTX Underperforms

Today in Crypto: Fines and Prison for Unregistered Crypto Firms in Cyprus, OrdinalsBot Raise $1 Million, Zimbabwe Gold is Now a Payment Method

Today in Crypto: Fines and Prison for Unregistered Crypto Firms in Cyprus, OrdinalsBot Raise $1 Million, Zimbabwe Gold is Now a Payment Method Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Regulation newsAiming to bolster its regulatory framework in the crypto sector, Cyprus is planning to introduce penalties for cryptocurrency service providers (CSPs) who fail to register with the relevant ...
Today in Crypto: Fines and Prison for Unregistered Crypto Firms in Cyprus, OrdinalsBot Raise $1 Million, Zimbabwe Gold is Now a Payment Method

Gemini Appoints Sachin Ranlani as Vice President and Head of India for Market Expansion

Gemini Appoints Sachin Ranlani as Vice President and Head of India for Market Expansion Leading global cryptocurrency exchange Gemini has taken significant steps in its Indian expansion strategy by hiring Sachin Ranglani, a former senior vice-president of product management at fintech giant Paytm, as the head of operations for its Indian subsidiary.Sachin Ranglani brings a wealth of experience from his tenure at Paytm, where he worked for approximately three years. Prior to his role at Paytm, Ra...
Gemini Appoints Sachin Ranlani as Vice President and Head of India for Market Expansion

Pro-Crypto Advocate RFK Jr. Shifts to Independent Presidential Campaign – What Does That Mean for The Industry?

Pro-Crypto Advocate RFK Jr. Shifts to Independent Presidential Campaign – What Does That Mean for The Industry? Bitcoin-bullish presidential candidate Robert F. Kennedy Jr. has announced that he is now chasing his country’s highest office as an independent, rather than as a member of the Democratic party.“I’m here to declare myself an independent candidate for the President of the United States,” said Kennedy at a Philadelphia rally on Monday. “We declare independence from the two political part...
Pro-Crypto Advocate RFK Jr. Shifts to Independent Presidential Campaign – What Does That Mean for The Industry?

Bitstamp Crypto Exchange Seeks Collaboration with European Banks to Boost Crypto Adoption

Bitstamp Crypto Exchange Seeks Collaboration with European Banks to Boost Crypto Adoption The world’s longest-running crypto exchange Bitstamp is in talks with three large European banks about offering crypto services.The 12-year-old exchange is in talks to help the banks begin offering these services possibly in the first quarter of 2024.Cryptonews has reached out to Bitstamp for comment. In a comment to CoinDesk, Robert Zagotta, the company’s global chief commercial officer and CEO of the US d...
Bitstamp Crypto Exchange Seeks Collaboration with European Banks to Boost Crypto Adoption

Is It Too Late to Buy Tether Gold? XAUT Price Increases 1% as Crypto Casino Project Gathers Pace – How to Buy Cheap?

Is It Too Late to Buy Tether Gold? XAUT Price Increases 1% as Crypto Casino Project Gathers Pace – How to Buy Cheap? Leading crypto gold project Tether Gold (XAUT) has seen a +1% price increase amid bullish movements in underlying 1:1 gold prices (per troy Oz) - fuelled largely by increased geopolitical risk stemming from the developing Israeli confrontation with Hamas.Amid the violence, gold prices are experiencing an uptrend, trading near the $1,850 mark, primarily driven by the escalating mil...
Is It Too Late to Buy Tether Gold? XAUT Price Increases 1% as Crypto Casino Project Gathers Pace – How to Buy Cheap?

Cardano’s Hoskinson Likens Sam Bankman-Fried to Bernie Madoff

Cardano’s Hoskinson Likens Sam Bankman-Fried to Bernie Madoff Cardano’s founder Charles Hoskinson has compared the embattled co-founder of FTX to infamous ponzi scheme boss, Bernie Madoff.In a post on X (formerly Twitter), Hoskinson stated that Sam Bankman-Fried’s actions can be likened to Bernie Madoff but the former is now getting a free pass by the media.“It's extraordinary to me that the Bernie Madoff of my generation is getting a free pass by the media. It really does show you how profo...
Cardano’s Hoskinson Likens Sam Bankman-Fried to Bernie Madoff

FTX CEO Sam Bankman-Fried's Legal Battle Expands to Lawyers' Involvement

FTX CEO Sam Bankman-Fried's Legal Battle Expands to Lawyers' Involvement As the trial of Sam Bankman-Fried enters its second week, his lawyers are seeking to question FTX co-founder Gary Wang about his reliance on legal advice regarding loans from Alameda Research. In a legal filing made late Monday night, Bankman-Fried's defense team requested permission from the judge to explore Wang's understanding of these loans, which were used for venture investments and personal expenses...
FTX CEO Sam Bankman-Fried's Legal Battle Expands to Lawyers' Involvement

Consultant's Heroic Act: How a Personal Wallet Saved $400 Million During the FTX Hack

Consultant's Heroic Act: How a Personal Wallet Saved $400 Million During the FTX Hack In a dramatic turn of events during the collapse of crypto exchange FTX last November, a heroic act by an adviser played a pivotal role in preventing what could have been one of the largest crypto heists in history.According to a Wired report from Monday, Kumanan Ramanathan, an adviser to FTX from consulting firm Alvarez & Marsall, demonstrated quick thinking and courage, saving millions of dollars in ...
Consultant's Heroic Act: How a Personal Wallet Saved $400 Million During the FTX Hack

Shiba Inu Price Prediction as SHIB Could Skyrocket to $0.00003000 – Will History Repeat Itself with an 822% October Surge?

Shiba Inu Price Prediction as SHIB Could Skyrocket to $0.00003000 – Will History Repeat Itself with an 822% October Surge? The price of Shiba Inu (SHIB) has inched upwards by 0.5% in the past 24 hours, reaching $0.00000692 as the wider cryptocurrency market dips very slightly across the same period.SHIB is now down by 5% in a week and by 6% in the last 30 days, with the meme token also having lost 14.5% of its value since the beginning of the year, in contrast to many other major coins (e.g. BTC...
Shiba Inu Price Prediction as SHIB Could Skyrocket to $0.00003000 – Will History Repeat Itself with an 822% October Surge?

Terra Luna Classic Price Prediction as LUNC Approaches Lowest Level in 2 Months – Will LUNC Keep Falling?

Terra Luna Classic Price Prediction as LUNC Approaches Lowest Level in 2 Months – Will LUNC Keep Falling? The Terra Luna Classic price has just about risen by 0.5% in the past 24 hours, yet its current level of $0.00005632 represents an 8% decline in a week.And with LUNC also down by 6.5% in a month and by 81% in the past year, the altcoin is definitely in the middle of a prolonged downturn, with the past few months bringing little beyond ongoing declines.Most of LUNC's problems relate to th...
Terra Luna Classic Price Prediction as LUNC Approaches Lowest Level in 2 Months – Will LUNC Keep Falling?

Cyprus to Impose Strict Penalties on Unlicensed Crypto Service Providers – Report

Cyprus to Impose Strict Penalties on Unlicensed Crypto Service Providers – Report Cyprus authorities would soon impose hefty penalties on crypto asset service providers (CASPs) that are found offering services without registering with the country’s regulator – the Cyprus Securities and Exchange Commission (CYSEC).Cyprus’s move to clampdown on unlicensed crypto businesses comes after the country’s Ministry of Finance submitted a proposed legislative amendment to the “Prevention and Suppression of...
Cyprus to Impose Strict Penalties on Unlicensed Crypto Service Providers – Report

Is Polygon Going to Zero? MATIC Price Sinks 6% as Novel Meme Coin Rakes in $420,000 in Funding – Next PEPE or Shiba Inu?

Is Polygon Going to Zero? MATIC Price Sinks 6% as Novel Meme Coin Rakes in $420,000 in Funding – Next PEPE or Shiba Inu? Polygon (MATIC) crypto price has sunk -6% amid broader de-risking in markets, triggered by the conflict between Israel and Hamas - but with MATIC price trading low - is Polygon going to zero?This comes just a week after co-founder Jaynti Kanani revealed he was leaving Polygon ahead of the highly anticipated Polygon 2.0 to explore "new adventures".A major down-shift for Ethereu...
Is Polygon Going to Zero? MATIC Price Sinks 6% as Novel Meme Coin Rakes in $420,000 in Funding – Next PEPE or Shiba Inu?

Breaking: Bitstamp Resumes XRP Trading After Temporary Suspension

Breaking: Bitstamp Resumes XRP Trading After Temporary Suspension Just 1 hour after Bitstamp Exchange revealed that it experienced a temporary issue with XRP trading, it announced the resumption of the trading of the coin.On October 10 at 18:24 (UTC), Bitstamp acknowledged an issue that arose on Monday. While specific details about the nature of the issue were not initially provided, Bitstamp assured its community that a specialized team was actively working on a resolution. The announcement of ...
Breaking: Bitstamp Resumes XRP Trading After Temporary Suspension

Layer 2 Networks Account For Nearly Two-Thirds of Ethereum Transactions: Report

Layer 2 Networks Account For Nearly Two-Thirds of Ethereum Transactions: Report Ethereum’s layer 2 networks have gained significant traction in the past few years as developers seek faster and cheaper solutions to interact with the blockchain.According to a new report released by blockchain intelligence firm, Messari, layer 2 solutions recorded 61% of the entire Ethereum (ETH) transactions in Q3 2023.The State of Ethereum report explored how the blockchain and cryptocurrency fared in the last th...
Layer 2 Networks Account For Nearly Two-Thirds of Ethereum Transactions: Report

Pepe Price Prediction as $30 Million Trading Volume Sends PEPE Down 4.4% – Time to Buy the Dip?

Pepe Price Prediction as $30 Million Trading Volume Sends PEPE Down 4.4% – Time to Buy the Dip? The PEPE price has slipped by 2.5% in the past 24 hours, with the meme coin now also down by 10% in the past week, at $0.000000668902.This level marks an 8% loss in the last 30 days and an 84% fall since the meme token reached a record high of $0.00000431 at the beginning of May.Unfortunately, the medium- and long-term picture for PEPE since then has been largely negative, with the occasional pump-and...
Pepe Price Prediction as $30 Million Trading Volume Sends PEPE Down 4.4% – Time to Buy the Dip?

Sam Bankman-Fried's Legal Battle: Lawyers May Already Be Eyeing an Appeal

Sam Bankman-Fried's Legal Battle: Lawyers May Already Be Eyeing an Appeal Daniel C. Silva, former assistant US attorney and shareholder at law firm Buchalter, believes that Sam Bankman-Fried's defense might be setting the stage for a potential appeal if the disgraced crypto boss is found guilty. By focusing on minutiae, the defense could argue that they were deprived of sufficient time and opportunity to prepare an adequate defense, potentially calling into question the fairness of the ...
Sam Bankman-Fried's Legal Battle: Lawyers May Already Be Eyeing an Appeal

As Snorlax Token Surges By 500%, This Hidden Crypto Treasure Garnered $850,000 – Ready to Explode?

As Snorlax Token Surges By 500%, This Hidden Crypto Treasure Garnered $850,000 – Ready to Explode? As Uptober continues to drive a surge in on-chain crypto prices, markets remain defiant despite wider risk concern stemming from the conflict between Israel and Hamas - and now in the latest move Snorlax token (SNOR) has exploded +500%.Recent weeks have seen a huge trend in explosive DEX-launched tokens, with countless pump-and-dump moon-shots, including BDOGE, APX, FTX, Blinky, DRS and шайлушай.Tr...
As Snorlax Token Surges By 500%, This Hidden Crypto Treasure Garnered $850,000 – Ready to Explode?

China Daily Newspaper Mulls Metaverse and NFT Marketplace Launch - Here's The Latest

China Daily Newspaper Mulls Metaverse and NFT Marketplace Launch - Here's The Latest China Daily, a prominent English-language newspaper owned by the Publicity Department of the Chinese Communist Party, has allocated a substantial 2.813 million Yuan ($390,000) to build its own metaverse and a non-fungible tokens (NFT) platform.China Daily has called for a public tender, seeking bidders to respond before October 17. The media outlet has called for a third-party contractor, both domestic and ...
China Daily Newspaper Mulls Metaverse and NFT Marketplace Launch - Here's The Latest

Israeli Authorities Freeze Crypto Donation Accounts Linked to Hamas

Israeli Authorities Freeze Crypto Donation Accounts Linked to Hamas The Israeli police cyber unit have frozen cryptocurrency accounts used by Hamas to raise donations via social media, Jerusalem Post reported. This action comes as part of a broader effort to curb the flow of funds into the hands of the terrorist organization, especially during times of conflict.The cyber unit's investigation revealed that Hamas had initiated an online fundraising campaign with the outbreak of the recent conf...
Israeli Authorities Freeze Crypto Donation Accounts Linked to Hamas

Bitcoin Price Prediction: RFK Jr. Goes Independent, Israel War Spurs Crypto Aid, BitVM Unveiled

Bitcoin Price Prediction: RFK Jr. Goes Independent, Israel War Spurs Crypto Aid, BitVM Unveiled The cryptocurrency world is abuzz with significant developments today. Bitcoin is currently trading at $27,653, experiencing a 1% decrease on Tuesday. In a noteworthy political move, Robert F. Kennedy Jr., a staunch advocate for cryptocurrencies, has decided to run for president as an independent, parting ways with the Democrats. The ongoing conflict in Israel has also prompted several crypto firms, i...
Bitcoin Price Prediction: RFK Jr. Goes Independent, Israel War Spurs Crypto Aid, BitVM Unveiled

Brazilian Police Arrest ‘Gunpoint Crypto Thieves’

Brazilian Police Arrest ‘Gunpoint Crypto Thieves’ Brazilian police officers and Interpol have swooped on a gang of suspected gun-toting crypto thieves, arresting seven people.Per an official release from the Santa Catarina civil police force, officers were issued with eight arrest warrants and four “search and seize” permits last week.They followed up with a series of raids in Brazilian and Argentinian cities.The officers teamed up with Interpol, the Brazilian Ministry of Justice, and Federal Po...
Brazilian Police Arrest ‘Gunpoint Crypto Thieves’

Friend.tech Adds 2FA Password for Users Amidst Ongoing SIM-Swap Attacks

Friend.tech Adds 2FA Password for Users Amidst Ongoing SIM-Swap Attacks The team behind the decentralized social media platform Friend.tech has responded to a series of SIM-swap attacks targeting its users by implementing a crucial security enhancement. In a recent announcement on X (formerly Twitter), Friend.tech unveiled the introduction of a Two-Factor Authentication (2FA) password feature. This move aims to provide additional protection for users whose cell carriers or email services have be...
Friend.tech Adds 2FA Password for Users Amidst Ongoing SIM-Swap Attacks

Tornado Cash Processed Over $77 Million in Past 30 Days: Arkham

Tornado Cash Processed Over $77 Million in Past 30 Days: Arkham As per blockchain intelligence firm Arkham, $77.35 million in assets have flown through Tornado Cash’s contracts on Ethereum mainnet in the past 30 days. Despite being sanctioned by the US Treasury Department in August 2022, Tornado Cash remains the largest crypto mixed on Ethereum network.The US authorities argued that Tornado Cash was used by North Korean hacker group Lazarus Group to launder millions of dollars in crypto. Tornado...
Tornado Cash Processed Over $77 Million in Past 30 Days: Arkham

Tezos Price Prediction as XTZ Pumps 11.5% - Here’s Where the Crypto Is Headed Next

Tezos Price Prediction as XTZ Pumps 11.5% - Here’s Where the Crypto Is Headed Next Tezos (XTZ), the cryptocurrency that powers the Tezos layer-1 blockchain protocol, has pumped over 11% on Monday.XTZ was last trading around $0.72 per token, having rallied as high as $0.746 earlier in the session to test its 100-day Moving Average, after enjoying a strong bounce from support in the mid-$0.60s on Sunday.Tezos markets itself as a blockchain that is designed to address key barriers facing the adopti...
Tezos Price Prediction as XTZ Pumps 11.5% - Here’s Where the Crypto Is Headed Next

China Says Overseas Visitors Are Using e-CNY, Paying More Salaries with CBDC

China Says Overseas Visitors Are Using e-CNY, Paying More Salaries with CBDC Chinese officials say uptake for the digital yuan is rising among overseas visitors – while more citizens are receiving their salaries in CBDC wallets.Per the Hangzhou Daily, state-run banks in the Hangzhou Asian Games Village “welcomed delegations [athletes and coaches]” from across Asia at special digital yuan “demonstration” booths.The overseas “delegations” were shown how to use the digital yuan to “make purchases” ...
China Says Overseas Visitors Are Using e-CNY, Paying More Salaries with CBDC
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