Mining Blog & Mining News

Blog • 09 October 2023, Monday, 10:35

Is ApeCoin Going to Zero? APE Price Falls by Almost 20% and AI Crypto Signals Platform Launchpad Can Find The Next Crypto to Explode

Is ApeCoin Going to Zero? APE Price Falls by Almost 20% and AI Crypto Signals Platform Launchpad Can Find The Next Crypto to Explode ApeCoin (APE) suffered a punishing reversal this past week, with the cryptocurrency plummeting nearly 20% to hover precariously below its immediate support zone. This sharp selloff comes amidst a spike in trading volumes, leaving APE vulnerable to further declines as traders weigh whether bears or bulls will prevail next.ApeCoin Price Prediction as APE Price Strugg...

Blog • 09 October 2023, Monday, 09:10

Prosecutors Seek to Prevent Anthropic Mention in Sam Bankman-Fried's Trial

Prosecutors Seek to Prevent Anthropic Mention in Sam Bankman-Fried's Trial Prosecutors are seeking to prevent Sam Bankman-Fried from mentioning AI startup Anthropic during the proceedings. The move comes in response to media reports of Anthropic securing billions in fundraising from Google, shortly after announcing a similar investment from Amazon. The news has generated optimism among FTX creditors, who anticipate a significant financial recovery due to Bankman-Fried's investment in An...

Blog • 09 October 2023, Monday, 08:45

Deribit To List Options For SOL, MATIC and XRP; Set for European Expansion

Deribit To List Options For SOL, MATIC and XRP; Set for European Expansion The largest cryptocurrency options exchange, Deribit has announced plans to expand its options offering to three additional altcoin coins.Per the announcement on X (formerly Twitter), the platform noted that the options trade will be added for Solana (SOL), Polygon (MATIC), and Ripple (XRP). “We’re bringing linear options for SOL, XRP, and MATIC to the table….” Options are a branch of derivative contracts that give custom...

Blog • 09 October 2023, Monday, 08:35

Backed Launches bIB01: A Tokenized Security Tracking US Treasury Bonds on the Blockchain

Backed Launches bIB01: A Tokenized Security Tracking US Treasury Bonds on the Blockchain Swiss-based real-world asset tokenizer Backed has introduced its latest tokenized security product, bIB01, on the Base blockchain, Coinbase's Layer 2 (L2) network.The new tokenized security closely mirrors the performance of a short-term US treasury bond exchange-traded fund (ETF), offering investors a digital way to engage with traditional financial assets, Backed said in an announcement.Backed operates...

Blog • 09 October 2023, Monday, 07:20

NFT-Funded Film, Backed by A-list Director Soderbergh, Seals Historic Global Sales Agreement – Crypto Adoption on the Rise?

NFT-Funded Film, Backed by A-list Director Soderbergh, Seals Historic Global Sales Agreement – Crypto Adoption on the Rise? Who says NFTs are dead? ‘Calladita / The Quiet Maid' - a movie funded by the sale of non-fungible tokens (NFTs), set to premiere at the Tallinn Film Festival - has secured a global sales deal. 'The Quiet Maid' is the first European feature film financed by the sale of NFTs. It is a debut film and a social satire by the Spanish filmmaker Miguel Faus. The world sa...

Blog • 09 October 2023, Monday, 07:00

As Viral DRS Token Rockets Up 25,000%, This Lesser Known Meme Coin Just Secured $400,000 in Funding – 100x Potential?

As Viral DRS Token Rockets Up 25,000%, This Lesser Known Meme Coin Just Secured $400,000 in Funding – 100x Potential? As Uptober takes grip of on-chain markets, crypto prices are surging, and the latest token to skyrocket is DAI Reflections (DRS) - which exploded +25,000% in an over-night moonshot.The unlikely surge comes as market interest was galvanised by this young projects' promise of reflecting the DAI stablecoin on Pulsechain - alongside an upcoming PulseChain is a full-state hard for...

Blog • 09 October 2023, Monday, 06:25

Solana Price Prediction as New Blockchain Update Provides Native Support for Private Transactions – Time to Buy?

Solana Price Prediction as New Blockchain Update Provides Native Support for Private Transactions – Time to Buy? The Solana price has dropped to $22.81 today, representing a 2.5% fall in the past 24 hours as the wider market slips by 0.5% in the same amount of time.SOL's fall comes as its underlying blockchain introduces a new update that enables confidential transactions between users, enhancing the privacy the network provides.And while SOL is down by 6% in the past week, it remains up by ...

Blog • 09 October 2023, Monday, 06:05

Binance, OKX Adjust Crypto Operations to Comply With UK FCA’s New Regime

Binance, OKX Adjust Crypto Operations to Comply With UK FCA’s New Regime Crypto exchange behemoth Binance has launched a dedicated domain for British users to comply with the UK Financial Conduct Authority's (FCA) new Financial Promotions Regime, effective October 8.With the new UK domain, – Binance.com/en-GB – the exchange will offer retail users in the UK only certain products and services that align with the latest rule change.These include withdrawals of crypto and fiat deposits, spot an...

Blog • 09 October 2023, Monday, 05:50

Dogecoin Price Prediction as Hopes for $1 Linger – Is a Bull Market on the Horizon for DOGE?

Dogecoin Price Prediction as Hopes for $1 Linger – Is a Bull Market on the Horizon for DOGE? The price of Dogecoin (DOGE) has dropped today as the cryptocurrency market continues to weather poor conditions, with the meme token falling by 2% in the past 24 hours.At $0.060220, DOGE is also down by 6% in a week and by 5% in a month, with the original meme coin having fallen by 14% since the beginning of the year.This fall since January contrasts strongly with many other major tokens (e.g. BTC, ETH,...

Blog • 09 October 2023, Monday, 05:40

Chimpzee's Extraordinary Trail: From Presale to Preserving the Planet

Chimpzee's Extraordinary Trail: From Presale to Preserving the Planet Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.Chimpzee has an extraordinary path as it heads from its presale to preserving the planet and saving wildlife.This exemplary Web3 project aims to demonstrate to the world how Web3 technology can be used beyond speculation.The project provides three avenues for investors to earn a passive income while raising funds for organiz...

Blog • 09 October 2023, Monday, 05:30

Cogwise Presale Offers Chance to Invest Early in New AI Trading System with Staking, Farming, and Gamification Rewards

Cogwise Presale Offers Chance to Invest Early in New AI Trading System with Staking, Farming, and Gamification Rewards Cogwise is a trending new platform set to transform the AI trading landscape by integrating blockchain security with the precision of artificial intelligence. The platform offers features like staking, farming, and gamified rewards to improve user engagement and simplify trading.Central to the Cogwise ecosystem is the $COGW token, providing access to its unique AI-powered tools....

Blog • 09 October 2023, Monday, 05:20

Crypto Exchange HTX Recovers $8 Million Lost to Hacker in Recent Security Breach

Crypto Exchange HTX Recovers $8 Million Lost to Hacker in Recent Security Breach HTX, the crypto exchange operated by Huobi Global, has successfully regained the funds that were stolen by a hacker in a security breach that occurred in late September. After reseiving the funds, HTX also offered the hacker a 250 Ether bounty as a token of appreciation. "We have confirmed that the hacker has fully returned all funds, as promised, and we have also paid the hack a white hat bonus of 250 ETH," Huobi G...

Blog • 09 October 2023, Monday, 05:10

Crypto Experts are Accumulating This New Bitcoin Project Before it Lists on Exchanges – Here's Why

Crypto Experts are Accumulating This New Bitcoin Project Before it Lists on Exchanges – Here's Why Crypto markets are yet again undertaking another game-changing innovation: Bitcoin Minetrix's stake-to-mine system.As the crypto community enthusiastically anticipates the full potential of this new project, let's dive deep into the intricacies of the Bitcoin Minetrix and its ongoing presale.Stake-to-Mine: Unveiling a New HorizonAt the core of Bitcoin Minetrix lies its unique stake-to-...

Blog • 09 October 2023, Monday, 04:55

Crypto Exchange Upbit Faced Over 159,000 Hacking Attempts in H1 2023: Report

Crypto Exchange Upbit Faced Over 159,000 Hacking Attempts in H1 2023: Report South Korea's largest cryptocurrency exchange, Upbit, was reported to be the target of hacking attempts on over 159,000 occasions during the first half of 2023.As reported by a South Korean local news agency, according to data provided by Dunamu, the firm that owns and operates Upbit, to Rep. Park Seong-jung of the National Assembly's Science, Technology, Information, Broadcasting, and Communications Committee, ...

Blog • 09 October 2023, Monday, 04:45

Bitcoin Price Prediction: BTC Stabilizes at $27,800: OpenAI CEO Praises BTC; Putin Forewarns US Dollar Collapse

Bitcoin Price Prediction: BTC Stabilizes at $27,800: OpenAI CEO Praises BTC; Putin Forewarns US Dollar Collapse Bitcoin is currently trading at $27,955, experiencing a marginal 0.25% decline on Monday. In a notable development, the CEO of OpenAI has lauded Bitcoin as the "super logical" step on the tech tree, highlighting its significance in the evolving technological landscape. Additionally, Russian President Vladimir Putin has sounded a warning regarding the stability of the US dollar-based gl...

Blog • 09 October 2023, Monday, 04:15

Uptober Crypto Prices Phenomenon: Historical Trends Meet Market Speculation

Uptober Crypto Prices Phenomenon: Historical Trends Meet Market Speculation As October unfolds, crypto markets are still wrestling with the term 'Uptober' - for the uninitiated, "Uptober" is an amalgamation of “up” and “October”, describing the historical trend where Bitcoin, and often other major cryptocurrencies, witness a price surge in October.As Bitcoin kicks off the month at above $28,000, its highest since mid-August, many are hopeful for a promising Uptober.But why has this month...

Blog • 09 October 2023, Monday, 03:30

South Korea's Crypto Market Cap Nearly Doubles in First Half of 2023, Surpasses $21 Billion

South Korea's Crypto Market Cap Nearly Doubles in First Half of 2023, Surpasses $21 Billion South Korea's virtual asset market has experienced a significant surge during the first half of 2023, reaching a total market cap of $21.1 billion.The Financial Services Commission (FSC) of South Korea revealed that the country's crypto market cap witnessed a 46% increase compared to the previous half-year term, local media outlets reported. The global crypto market also witnessed substantial...

Blog • 09 October 2023, Monday, 02:45

India to Push Crypto Regulation Talks at Final FMCBG Meet in Morocco

India to Push Crypto Regulation Talks at Final FMCBG Meet in Morocco Finance ministers and central bank governors are all set to meet for the final time under India’s G20 presidency on October 12 and 13 in Marrakesh, Morocco. The roadmap for crypto regulations is expected to be one of the major key agendas during the meeting. India will seek to ensure that the issues that were part of the New Delhi Declaration are pushed thorugh, including a crypto regulatory framework. Before the 4th G20 Financ...

Blog • 09 October 2023, Monday, 02:15

South Korean Crypto Fraudster Jailed for 7 Years

South Korean Crypto Fraudster Jailed for 7 Years A convicted South Korean crypto fraudster has been sentenced to seven years in prison.Per Newsis and Segye Ilbo, a division of the Suwon District Court sentenced an unnamed individual in their 30s to jail after hearing how they defrauded victims of some $2.2 million.The court heard that the individual, identified only as “A” for legal reasons, duped some 30 investors that he met via acquaintances and mobile chat apps from January 2020 to February ...

Blog • 09 October 2023, Monday, 01:10

CryptoRank's Q3 Fundraising Report

CryptoRank's Q3 Fundraising Report Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.IntroductionThe negative trend in crypto fundraising persisted during Q3 2023, with decreasing investment volumes and only a few significant deals. Investor concerns and uncertainty resulted in the stagnation of crypto fundraising for the year. This report from the CryptoRank team examines the key trends, narratives, and statistics of the crypto fundraising s...

Blog • 09 October 2023, Monday, 00:25

Prosecutors Seek to Block SBF from Presenting Current Value of FTX's Anthropic Investment During Trial

Prosecutors Seek to Block SBF from Presenting Current Value of FTX's Anthropic Investment During Trial Prosecutors in the ongoing Sam Bankman-Fried’s trial have requested the judge to prevent the defendant from presenting the current value of FTX’s $500 million investment in Anthropic, a startup artificial intelligence company. The government alleges that SBF used funds stolen from FTX customers to invest approximately $500 million in Anthropic back in April 2022.In a recent court filing, U...

Blog • 08 October 2023, Sunday, 21:10

Digital Yuan Giveaways Driving Adoption, Chinese Central Bank Claims

Digital Yuan Giveaways Driving Adoption, Chinese Central Bank Claims The Chinese central bank has claimed that its program of digital yuan giveaways is helping to drive up CBDC adoption.According to the state-run newspaper the People’s Daily, the Digital Currency Research Institute, the central People’s Bank of China (PBoC)’s dedicated digital yuan arm, has claimed the vast majority of CBDC giveaways have been successful.Banks, tech giants, and city governments have given away millions if USD wo...

Blog • 08 October 2023, Sunday, 15:35

dYdX Stumbles as Bitcoin settles around $27,600 and InQubeta reaches $3.4 Million

dYdX Stumbles as Bitcoin settles around $27,600 and InQubeta reaches $3.4 Million The cryptocurrency market has been abuzz with the tepid performance of top crypto coins, which has prompted crypto users to start considering new altcoins. The coins that had posted disappointing results included dYdX and even Bitcoin, which settled at around $27,600. However, the performance of the newly launched InQubeta (QUBE) has taken everyone by surprise. Launched barely a few months ago, its presale funding ...

Blog • 08 October 2023, Sunday, 12:10

Investor Disagreements Force FloorDAO to Send $2.5 Million to Splinter Faction – What's Going On?

Investor Disagreements Force FloorDAO to Send $2.5 Million to Splinter Faction – What's Going On? FloorDAO, a crypto group focused on NFT finance, has split into two separate entities due to disagreements among investors. The project, which aims to develop products for "NFT-Fi," transferred over $2.5 million from its treasury, consisting of crypto tokens and NFTs, to a splinter group called FloorkDAO. The group is controlled by activist investors who were dissatisfied with the project's...

Blog • 08 October 2023, Sunday, 10:40

Singapore Approves Coinbase for Cryptocurrency Payment Solutions; Bitcoin and VC Spectra Attracting Investors

Singapore Approves Coinbase for Cryptocurrency Payment Solutions; Bitcoin and VC Spectra Attracting Investors Coinbase's recent approval by Singapore's Monetary Authority signals the city-state's growing embrace of cryptocurrency. As Bitcoin (BTC) continues its bullish trend, backed by Marathon Digital's robust production, the rising star VC Spectra (SPCT) steals the limelight. Let’s explore what's happening in the crypto industry and learn more about this cryptocurrency for ...

Blog • 08 October 2023, Sunday, 05:55

Avalanche-Backed Stars Arena Faces $3 Million Security Breach

Avalanche-Backed Stars Arena Faces $3 Million Security Breach Stars Arena, a social platform supported by Avalanche's Contract Chain, has fallen victim to a significant security breach.In a Saturday tweet, the official Stars Arena Twitter account issued a warning confirming that the platform's smart contract had been attacked.The team urged users not to deposit any funds while the issue was being investigated.Crypto expert Redline, who first detected the security breach, revealed that ha...

Blog • 08 October 2023, Sunday, 02:30

Terra Luna Classic Price Prediction as LUNC Edges Closer to $0.00006 – Can It Hit $3 in 2023?

Terra Luna Classic Price Prediction as LUNC Edges Closer to $0.00006 – Can It Hit $3 in 2023? In the rapidly changing landscape of digital assets, Terra Luna Classic's LUNC has been catching the eyes of many cryptocurrency enthusiasts. While its current price hovers around the $0.00006 mark, its future potential remains a topic of significant debate and intrigue. With cryptocurrency markets known for their unpredictability, is a leap to $3 for LUNC over the next two years a realistic proposi...

Blog • 08 October 2023, Sunday, 01:15

Bitcoin Price Prediction as BTC Faces Crucial $28,500 Threshold – Will it Break Through to Higher Ground?

Bitcoin Price Prediction as BTC Faces Crucial $28,500 Threshold – Will it Break Through to Higher Ground? The cryptocurrency community is abuzz with speculation and anticipation as Bitcoin hovers tantalizingly close to the significant $28,500 mark. Will Bitcoin surge past this barrier to achieve new heights, or is there a retreat on the horizon? This analysis delves into the current dynamics, technical indicators, and market sentiments to present a comprehensive Bitcoin price prediction.Bitcoin ...

Blog • 07 October 2023, Saturday, 12:10

Friend.tech Developers Amass Nearly $20 Million Since August Debut

Friend.tech Developers Amass Nearly $20 Million Since August Debut The development team behind friend.tech has amassed nearly $20 million in revenue since its launch in August.According to data from DeFiLlama, friend.tech currently holds the position of the largest revenue-generating application on Base and the second-largest across the entire crypto space. At its current pace, the platform is projected to generate an annualized revenue of $180 million.The platform has generated approximately $4...

Blog • 07 October 2023, Saturday, 07:35

$1m Fortune Won Playing Slots Game on No.1 Telegram Casino Mega Dice

$1m Fortune Won Playing Slots Game on No.1 Telegram Casino Mega Dice A lucky player has won a $1 million fortune on the slots at No.1 Telegram casino, Mega Dice. A stake of $500 was turned into a $1 million haul in a series of high-payout spins. The news has exploded onto the crypto betting scene, validating, yet again, the opportunities and advantages the decentralized gaming infrastructure has over their legacy competitors. As is to be expected, the privacy of the player is being protected, bu...

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