Mining Blog & Mining News

Blog • 15 November 2023, Wednesday, 16:00

CFX Labs Secures $9.5 Million Seed Round To Expand Solana-based Payment Network

CFX Labs Secures $9.5 Million Seed Round To Expand Solana-based Payment Network CFX Labs has raised $9.5 million in seed investments to expand its Solana-based stablecoin payment and remittances network. The US-based fintech firm said in a press release on Wednesday that the fundraising was oversubscribed, with Shima Capital, Decasonic, Antalpha, CMT Digital, Corazon Capital, Kraken Ventures, New Form Capital and Illinois-based Metropolitan Capital Bank & Trust all participating. “This seed ...

Blog • 15 November 2023, Wednesday, 14:00

GROK Meme Coin Plummets as Crypto Sleuth Exposes Scam Links

GROK Meme Coin Plummets as Crypto Sleuth Exposes Scam Links A recently-created meme coin named GROK faced a dramatic crash, losing 74% of its value within moments after the well-known crypto sleuth ZachXBT exposed its links to a known scam. The GROK token is named after – and obviously attempting to capitalize on – Elon Musk’s new artificial intelligence (AI) chatbot with the same name, which was unveiled earlier this month by the billionaire. It’s important to note, however, that the token, nor...

Blog • 15 November 2023, Wednesday, 12:00

Web3 Firm Infura Recruits Microsoft, Tencent, and Others To Build Decentralized Infrastructure Network

Web3 Firm Infura Recruits Microsoft, Tencent, and Others To Build Decentralized Infrastructure Network Microsoft, Tencent, and 16 other Web2 companies have partnered with blockchain software company Consensys, with the goal of decentralizing the Infura network. The Infura network is currently the key point of access to Ethereum for much of the DeFi industry. With this collaboration, the companies seek to increase decentralization on Infura to prevent outages of the Web3 services that use it, suc...

Blog • 15 November 2023, Wednesday, 11:00

Singapore’s Central Bank Expands Asset Tokenization Initiatives Under Project Guardian

Singapore’s Central Bank Expands Asset Tokenization Initiatives Under Project Guardian The Monetary Authority of Singapore (MAS) is commencing a series of asset tokenization pilots in collaboration with financial services heavyweights. The central bank announced Wednesday that the initiative is an extension of the ambitious Project Guardian – involving 17 financial institutions. The collaborative efforts seek to explore various use cases in asset tokenization including listing, distribution, tra...

Blog • 15 November 2023, Wednesday, 09:00

Today in Crypto: 46.5% of Web3 Fund Loss is Result of Traditional Web2 Security Issues, Investment in Blockchain Gaming Hits $1.5 Billion in 2023

Today in Crypto: 46.5% of Web3 Fund Loss is Result of Traditional Web2 Security Issues, Investment in Blockchain Gaming Hits $1.5 Billion in 2023 Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. _ Security news While developers and researchers generally focus on designing and coding the smart contract protocol, 46.5% of all hacks in 2022 in monetary terms occurred via infrastructure, e.g. poor private key ...

Blog • 15 November 2023, Wednesday, 07:00

Terra Luna Classic Price Prediction as LUNC Gains 56% – Is the Rally to $1 Starting?

Terra Luna Classic Price Prediction as LUNC Gains 56% – Is the Rally to $1 Starting? The Terra Luna Classic price has jumped by 5% in the past 24 hours, with its move to $0.00008179 also marking a 56% gain since reaching a 2023-low in mid-October. LUNC has also risen by 22% in a week and by 40% in the last 30 days, with the altcoin riding increasingly positive market sentiment. Yet LUNC has also benefitted from the passage of some positive Terra Luna Classic governance proposal, including the re...

Blog • 15 November 2023, Wednesday, 05:00

UK Appoints Bim Afolami as Economic Secretary to Oversee Crypto Regulation

UK Appoints Bim Afolami as Economic Secretary to Oversee Crypto Regulation Bim Afolami has been appointed as the economic secretary to the Treasury of the United Kingdom, where he will have authority over policies that impact the adoption of digital assets and central bank digital currencies within the country. According to a recent announcement by the UK government, the appointment is part of a restructuring effort involving ministers and secretaries. Under the administration of UK Prime Minis...

Blog • 15 November 2023, Wednesday, 03:00

US SEC to Decide on Two Spot Bitcoin ETFs by Nov. 17

US SEC to Decide on Two Spot Bitcoin ETFs by Nov. 17 The U.S. Securities and Exchange Commission is scheduled to announce its decisions on two Bitcoin exchange-traded funds (ETFs) by Nov.17, according to Bloomberg Intelligence. Okay, we're nearing in on deadline dates for 3 spot #Bitcoin ETF applications. I want to get ahead of it because there's a pretty good chance we'll see delay orders from the SEC. Delays WOULD NOT change anything about our views & 90% odds for 19b-4 approva...

Blog • 15 November 2023, Wednesday, 01:00

Circle Introduces Zero-Fee USDC Minting with Circle Mint in Singapore

Circle Introduces Zero-Fee USDC Minting with Circle Mint in Singapore The issuer of the USDC stablecoin, Circle, has announced the launch of its zero-fee minting facility, Circle Mint, exclusively in Singapore. This strategic initiative comes on the heels of Circle securing the Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS) in June 2023. The stablecoin issuer claims that the introduction of this facility positions them as a trusted gateway into the realm ...

Blog • 14 November 2023, Tuesday, 23:00

Russian Trade Ministry ‘Develops Tool That Lets Crypto Miners Evade Sanctions’

Russian Trade Ministry ‘Develops Tool That Lets Crypto Miners Evade Sanctions’ Russia’s trade ministry says it has developed a tool that can help crypto miners evade Western sanctions. In a DumaTV post on the RuTube video-sharing platform, lawmakers explained that the Ministry of Industry and Trade had “developed a tool for conducting industrial mining activities.” The tool, they said would “help [Russian] businesses make cross-border payments.” The video featured an interview with Anton Tkachev...

Blog • 14 November 2023, Tuesday, 21:00

Best Crypto to Buy Now November 14 – Frax Share, Polygon, Immutable

Best Crypto to Buy Now November 14 – Frax Share, Polygon, Immutable Frax Share’s recent market surge has positioned it as one of the best cryptos to buy now with a not insignificant 25.55% price increase so far in the month. Polygon and Immutable are also drawing attention, with Polygon experiencing a 37% surge in the past three weeks and Immutable gaining momentum following its inclusion in Amazon’s ISV Accelerate Program. Additionally, Bitcoin ETF Token and Bitcoin Minetrix stand out as two po...

Blog • 14 November 2023, Tuesday, 19:00

dYdX Chain Kickstarts Operations With Beta Mainnet Launch

dYdX Chain Kickstarts Operations With Beta Mainnet Launch Cosmos-based layer 1 dYdX Chain has achieved a significant milestone with the recent release of its beta mainnet phase, marking the start of a live trading interface propelled by a community governance vote. The Beta Stage is live on https://t.co/hUHzHf2j0R ???? After the dYdX community voted to transition to the Beta Stage, the dYdX Chain now offers ???? Perpetual Trading in 33+ Markets???? Trading Fees accrue to Validators and Stakers R...

Blog • 14 November 2023, Tuesday, 17:00

K-pop Agency Modhaus Announces $8 Million Series A Investment

K-pop Agency Modhaus Announces $8 Million Series A Investment A South Korean blockchain-based K-pop startup has raised $8 million in its series A funding round. Modhaus announced in a statement today that the series A funding round has pushed their total fundraising to $12 million overall. The funding round was led by U.S. investment firm Sfermion, and included participation from other investors such as SM Culture Partners, Laguna Investment, KDDI Open Innovation Fund III and Foresight Ventures....

Blog • 14 November 2023, Tuesday, 15:00

Cathie Wood Speculates SEC Chair’s Political Aspirations Are Hindrances Towards Judgment Call on Bitcoin Spot ETF

Cathie Wood Speculates SEC Chair’s Political Aspirations Are Hindrances Towards Judgment Call on Bitcoin Spot ETF The US Securities and Exchange Commission (SEC) remains unyielding amidst escalating interest in a Bitcoin spot exchange-traded fund (ETF), and Ark Invest’s Cathie Wood believes she may have identified the reason. Making a special appearance on CNBC’s Squawk Box earlier today, the veteran investor and founder of one of the largest US asset management firms said the SEC boss’ politica...

Blog • 14 November 2023, Tuesday, 13:00

Trader Explains How To Predict The Next Big Crypto Trend And Narrative

Trader Explains How To Predict The Next Big Crypto Trend And Narrative A popular seasoned crypto trader called Blackbeard has just laid out his view on how traders can become “expert” in predicting the next big crypto trends and narratives, a key skill for successful investing in the crypto space. THE BASICS TO SPOT CRYPTO NARRATIVES AND TRENDS EARLY Ready to become an expert in spotting the next big thing in crypto? Thread ???? pic.twitter.com/ceNJi9TdAB — Blackbeard (@blackbeardXBT) October 2...

Blog • 14 November 2023, Tuesday, 11:00

Bitcoin Price Prediction as US Core Inflation Rate is Announced – Is the Bear Market Officially Over?

Bitcoin Price Prediction as US Core Inflation Rate is Announced – Is the Bear Market Officially Over? Bitcoin (BTC) is trading at daily lows in the $36,100s in wake of the release of the latest US inflation figures for October, despite the numbers coming in lower than expected across the board. The headline Consumer Price Index (CPI) showed prices remaining flat in October, less than an expected rise of 0.1%, and rising at a rate of 3.2% YoY, less than the expected 3.3%. The Core CPI, which is m...

Blog • 14 November 2023, Tuesday, 09:00

Institutional Investors Flock to Bitcoin Pushing Inflows Past $1 Billion in 2023

Institutional Investors Flock to Bitcoin Pushing Inflows Past $1 Billion in 2023 Total inflows into traditional investment funds backed by crypto have finally passed the $1 billion mark for the year, after last week saw investors flocking to Bitcoin. For the week as a whole, crypto investment funds recorded inflows of $293 million, bringing the year-to-date inflows to an impressive $1.14 billion, according to the latest data from crypto research and investment firm CoinShares. The massive yearly...

Blog • 14 November 2023, Tuesday, 07:00

Reddit Moons Price Soars 160% as Community Takes Steps Towards Decentralization

Reddit Moons Price Soars 160% as Community Takes Steps Towards Decentralization MOON, a coin of social media giant Reddit‘s r/cryptocurrency community, jumped nearly 160% in a single day, following an update by the admins who will be burning the coin’s contract and 34% of the supply, moving the coin to full decentralization. On Tuesday morning (11:00 UTC), r/CryptoCurrency Moons (MOON) coin was up 156.9% in 24 hours. It is currently trading at $0.138476. The highest point it had reached during t...

Blog • 14 November 2023, Tuesday, 05:00

How To Buy DogeStar & DogeStar Crypto Presale Review

How To Buy DogeStar & DogeStar Crypto Presale Review DogeStar is a new crypto project that combines the fun of memes with the utility of decentralized finance (DeFi), gaming, and non-fungible tokens (NFTs). The platform recently launched its presale for its native DOGESTAR tokens and raised over $615,000 in a few days of launch, showing high investor traction. This article will expand on the project’s features, including key components like its NFT marketplace and DeFi platform, while also ...

Blog • 14 November 2023, Tuesday, 03:00

Court Issues Protective Order Governing Disclosure of Material in SEC-Binance Lawsuit

Court Issues Protective Order Governing Disclosure of Material in SEC-Binance Lawsuit US Court has approved a protective order that will govern the production, use, and disclosure of all information and materials produced by any party in the ongoing SEC’s lawsuit against Binance entities and CEO Changpeng Zhao. Earlier, the US SEC and Binance had jointly moved for the entry a protective order to govern the treatment and disclosure of certain confidential information produced in the ongoing lawsu...

Blog • 14 November 2023, Tuesday, 02:00

Fnality Receives $95 Million Investment Led by Goldman Sachs, BNP Paribas

Fnality Receives $95 Million Investment Led by Goldman Sachs, BNP Paribas Fnality International, a company specializing in tokenized cash solutions on blockchain, has secured a substantial investment of $95.2 million, according to Bloomberg. The funding round was spearheaded by prominent financial institutions Goldman Sachs and BNP Paribas. Fnality’s Growth Journey Since 2019 Established in 2019, Fnality International emerged from a blockchain project initiated by UBS. The company’s objective ...

Blog • 14 November 2023, Tuesday, 00:00

XRP Price Briefly Rallies After Fake BlackRock ETF Filing

XRP Price Briefly Rallies After Fake BlackRock ETF Filing XRP price witnessed a brief surge in its price following a fake business registration for a BlackRock XRP trust. The deceptive filing, still accessible on Delaware’s Division of Corporations website, mimics legitimate registrations made by the renowned asset management giant. BlackRock Advisors and Daniel Schweiger were falsely named as registered agents, a revelation that BlackRock representatives swiftly discredited, as reported by Bloo...

Blog • 13 November 2023, Monday, 22:00

Lloyds Bank: UK Sees 23% Increase in Cryptocurrency Scam Reports

Lloyds Bank: UK Sees 23% Increase in Cryptocurrency Scam Reports Lloyds Bank, a big four bank in the United Kingdom, reports that crypto scams have risen 23% compared to the same period last year. The firm warned that fraudsters are targeting young people over social media, with victims losing an average of £10,741 ($13,183.72) per scam. That dwarfs romance scams, purchase scams, or any other type of consumer fraud. “Remarkably, the analysis found that 66% of all investment scams start on social...

Blog • 13 November 2023, Monday, 20:00

Russian Banks ‘Fighting Back’ Against Digital Ruble – Report

Russian Banks ‘Fighting Back’ Against Digital Ruble – Report Russian banks are reportedly “fighting back” against the digital ruble amid claims a CBDC launch would cost them $684 million a year. Per a report from Comnews, even the Central Bank’s commercial bank partners are “looking for ways” to “avoid” dealing with the coin and “preserve” the banking status quo. The report pointed to a development from VTB Bank, which this month announced a new solution that lets CBDC owners convert their token...

Blog • 13 November 2023, Monday, 18:00

Bitcoin Price Prediction – $120,000 by End 2024 Says Top Bank But Bitcoin ETF Token Reels in $500,000 And Can Explode 10x

Bitcoin Price Prediction – $120,000 by End 2024 Says Top Bank But Bitcoin ETF Token Reels in $500,000 And Can Explode 10x Monday, November 13, 2023 – The Bitcoin price predictions are rolling in, and among the most bullish is $120,000 by the end of 2024 from Standard Chartered Bank – but Bitcoin ETF Token has raised $500,000 and could gain 10x at launch. Since Sunday, the crypto industry has been focused on the opening of an eight-day window that the US Securities and Exchange Commission (SEC)...

Blog • 13 November 2023, Monday, 14:00

Best Crypto to Buy Now November 13 – Celestia, Klaytn, Filecoin

Best Crypto to Buy Now November 13 – Celestia, Klaytn, Filecoin Major blue-chip crypto markets are mixed on Monday, with Bitcoin (BTC) dipping back into the mid-$36,000s and Ether (ETH) mounting a challenge of the $2,100 level once again, while most other major altcoins also pull back ahead of the release of key US inflation and retail sales figures later in the week. The data will have a bearing on market expectations for how much more, if any more tightening the US Federal Reserve will embark...

Blog • 13 November 2023, Monday, 13:00

Report: Here’s How Hamas Received Money from Iran Using Crypto

Report: Here’s How Hamas Received Money from Iran Using Crypto In a bid to circumvent traditional financial oversight, Hamas has increasingly turned to crypto for fund transfers, according to a new Wall Street Journal report. The move by Hamas to turn to crypto followed an air strike by Israel in mid-2019 that targeted a Hamas commander, described as Iran’s financial conduit in Gaza, and disrupted the organization’s largely cash-based and off-the-books remittance system, the Wall Street Journal ...

Blog • 13 November 2023, Monday, 11:00

Today in Crypto: Bakkt Reveals International and Domestic Expansion, Justin Sun Offers 5% Bounty, Metaverse Platform ZEP to Build on Near

Today in Crypto: Bakkt Reveals International and Domestic Expansion, Justin Sun Offers 5% Bounty, Metaverse Platform ZEP to Build on Near Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. _ Investment news Digital asset marketplace Bakkt Holdings announced international and domestic expansion. Per the press release, it plans to expand crypto capabilities into numerous international markets with existing and...

Blog • 13 November 2023, Monday, 09:00

Bitcoin Miners’ Daily Profits Top $44 Million, Reaches Highest Point Since April 2022

Bitcoin Miners’ Daily Profits Top $44 Million, Reaches Highest Point Since April 2022 The cryptocurrency market has recorded soaring prices in recent weeks sparking wins spanning across miners’ profits, decentralized finance (DeFi) numbers, and larger investor appetite. Global Bitcoin (BTC) miners have seen mining profits soar to new highs following a long span of negative results due to plunging asset prices and low demand characterized as the crypto winter. According to data from blockchain.co...

Blog • 13 November 2023, Monday, 08:00

Is It Too Late to Buy Celestia? TIA Airdrop Token Reaches New All-Time High as Viral Meme Coin Attracts $1.6 Million in Funding

Is It Too Late to Buy Celestia? TIA Airdrop Token Reaches New All-Time High as Viral Meme Coin Attracts $1.6 Million in Funding New modular blockchain token Celestia has broken out in an ascendant upwards trading channel, as TIA airdrop captures market interest, but is it too late to buy Celestia? Launched on just October 31, the TIA airdrop has already undertaken an alluring +87.7% climb since its highly anticipated release. ????Top 10 #coins searches in the last 7 days ????$BTC $SOL $LINK $DO...

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