Mining Blog & Mining News

Blog • 05 October 2023, Thursday, 14:50

Dogecoin NFT Community to Honor Shiba Inu Dog with Commemorative Statue in Japan

Dogecoin NFT Community to Honor Shiba Inu Dog with Commemorative Statue in Japan The Dogecoin community is funding the construction of a bronze statue in Japan depicting Kabosu – the Shiba Inu dog associated with the infamous Doge internet meme.Per a press release from The Dogecoin Foundation last year, Kabosu fans crowdfunding in early November 2022 to fund the statue’s construction, and had already reached their goal of $42,069 within 72 hours. However, FTX’s implosion and the crypto market cr...

Blog • 05 October 2023, Thursday, 14:20

South Korea's Central Bank to Test Wholesale CBDCs in New Partnership – Here's What You Need to Know

South Korea's Central Bank to Test Wholesale CBDCs in New Partnership – Here's What You Need to Know South Korea's central bank, the Bank of Korea (BoK), is set to embark on a wholesale central bank digital currency (CBDC) test in collaboration with the Bank for International Settlements (BIS) and other key institutions, the BOK announced on Wednesday.The pilot project aims to assess the feasibility of building a future monetary system for South Korea based on wholesale CBDCs.The p...

Blog • 05 October 2023, Thursday, 14:10

Binance CEO CZ Turned Down $40 Million Deal with SBF for Futures Exchange

Binance CEO CZ Turned Down $40 Million Deal with SBF for Futures Exchange Binance CEO Changpeng "CZ" Zhao turned down a $40 million offer from former FTX CEO Sam Bankman-Fried in March 2019 to create a cryptocurrency futures exchange. At the time, Binance was primarily a spot crypto exchange, and the idea of a futures-only platform was a deviation from its existing model. After careful consideration, Zhao declined Bankman-Fried's offer and instead chose to develop a futures exchange in-house...

Blog • 05 October 2023, Thursday, 14:00

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Exchange newsMonths before its collapse, some of FTX's US-based employees discovered the so-called backdoor that the parent company Alameda Research allegedly used t...

Blog • 05 October 2023, Thursday, 13:50

OKX Announces Margin Trading And Perps Launch for Wall Street Memes – Time to Buy Before Price Explosion?

OKX Announces Margin Trading And Perps Launch for Wall Street Memes – Time to Buy Before Price Explosion? Revolutionary Bitcoin cloud-mining project Bitcoin Minetrix has just smashed through its $500,000 presale milestone with a use case that has the crypto world’s top influencers salivating.Bitcoin Minetrix is introducing the first tokenized Bitcoin cloud mining operation, and that’s a big deal. It is not every day that a crypto project comes along that has a genuinely impactful business model,...

Blog • 05 October 2023, Thursday, 13:40

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Exchange newsMonths before its collapse, some of FTX's US-based employees discovered the so-called backdoor that the parent company Alameda Research allegedly used t...

Blog • 05 October 2023, Thursday, 13:30

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Exchange newsMonths before its collapse, some of FTX's US-based employees discovered the so-called backdoor that the parent company Alameda Research allegedly used t...

Blog • 05 October 2023, Thursday, 13:20

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Exchange newsMonths before its collapse, some of FTX's US-based employees discovered the so-called backdoor that the parent company Alameda Research allegedly used t...

Blog • 05 October 2023, Thursday, 13:10

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Exchange newsMonths before its collapse, some of FTX's US-based employees discovered the so-called backdoor that the parent company Alameda Research allegedly used t...

Blog • 05 October 2023, Thursday, 13:00

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Exchange newsMonths before its collapse, some of FTX's US-based employees discovered the so-called backdoor that the parent company Alameda Research allegedly used t...

Blog • 05 October 2023, Thursday, 12:55

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Exchange newsMonths before its collapse, some of FTX's US-based employees discovered the so-called backdoor that the parent company Alameda Research allegedly used t...

Blog • 05 October 2023, Thursday, 12:35

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Exchange newsMonths before its collapse, some of FTX's US-based employees discovered the so-called backdoor that the parent company Alameda Research allegedly used t...

Blog • 05 October 2023, Thursday, 12:25

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Exchange newsMonths before its collapse, some of FTX's US-based employees discovered the so-called backdoor that the parent company Alameda Research allegedly used t...

Blog • 05 October 2023, Thursday, 12:15

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Exchange newsMonths before its collapse, some of FTX's US-based employees discovered the so-called backdoor that the parent company Alameda Research allegedly used t...

Blog • 05 October 2023, Thursday, 12:05

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Exchange newsMonths before its collapse, some of FTX's US-based employees discovered the so-called backdoor that the parent company Alameda Research allegedly used t...

Blog • 05 October 2023, Thursday, 12:00

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Exchange newsMonths before its collapse, some of FTX's US-based employees discovered the so-called backdoor that the parent company Alameda Research allegedly used t...

Blog • 05 October 2023, Thursday, 11:50

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Exchange newsMonths before its collapse, some of FTX's US-based employees discovered the so-called backdoor that the parent company Alameda Research allegedly used t...

Blog • 05 October 2023, Thursday, 11:40

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Exchange newsMonths before its collapse, some of FTX's US-based employees discovered the so-called backdoor that the parent company Alameda Research allegedly used t...

Blog • 05 October 2023, Thursday, 11:30

Dutch Crypto Firms Secure Partial Legal Victory Against Regulatory Fees

Dutch Crypto Firms Secure Partial Legal Victory Against Regulatory Fees Crypto firms in the Netherlands, including Bitvavo and Coinmerce, have achieved a partial victory in their legal battle against fees totaling $2.3 million imposed by Dutch regulators. They argued that these fees were excessive and discriminatory.On Wednesday, October 4, a Rotterdam court has ruled that the Dutch Central Bank (DNB) exceeded its legal authority by charging crypto companies for registration related to anti-mone...

Blog • 05 October 2023, Thursday, 11:20

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Exchange newsMonths before its collapse, some of FTX's US-based employees discovered the so-called backdoor that the parent company Alameda Research allegedly used t...

Blog • 05 October 2023, Thursday, 11:10

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity

Today in Crypto: A US FTX Team Found Backdoor to Alameda Months Before Collapse, Hong Kong Financial Watchdog and Police Form Task Force to Investigate Suspicious Crypto Activity Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Exchange newsMonths before its collapse, some of FTX's US-based employees discovered the so-called backdoor that the parent company Alameda Research allegedly used t...

Blog • 05 October 2023, Thursday, 10:05

Close Associates of Sam Bankman-Fried to Take Stand Today in Ongoing Trial

Close Associates of Sam Bankman-Fried to Take Stand Today in Ongoing Trial As the trial of the former CEO of collapsed crypto exchange FTX Sam Bankman-Fried enters its third day, the prosecution is expected to call two close associates of the defendant to the stand.Bankman-Fried faces seven counts bordering on fraud and related conspiracy to commit fraud with a possibility of spending over 100 years in jail if found guilty. Today, Adam Yedidia, a close friend of SBF and a former employee of both...

Blog • 05 October 2023, Thursday, 09:30

As BDOGE and FROGGY Coin Go Viral, All Attention is on This Little Known Crypto – Here's Why

As BDOGE and FROGGY Coin Go Viral, All Attention is on This Little Known Crypto – Here's Why As Uptober continues to drive prices to new heights following a flurry of interest around SocialFi, two promising DEX-traded tokens BDOGE and FROGGY have exploded this week - here's why.Recent weeks have seen a huge trend in explosive DEX launched tokens, with countless pump-and-dump moon-shots including APX, FTX, Thing, Jinbe and шайлушай.And in the latest skyrockets BDOGE and FROGGY have explo...

Blog • 05 October 2023, Thursday, 09:10

Librarian and Retired Corrections Officer Included in Jury for Sam Bankman-Fried Case

Librarian and Retired Corrections Officer Included in Jury for Sam Bankman-Fried Case The jury selection process for the trial of Sam Bankman-Fried concluded on Wednesday morning, with a diverse group of individuals from various professional backgrounds chosen to serve. Among the selected jurors are a former prosecutor, several Metro North commuter rail line workers, a librarian, and a retired corrections officer.Judge Lewis Kaplan, who presides over the case, hoped that the jury selection on th...

Blog • 05 October 2023, Thursday, 09:00

XRP Price Prediction as $1 Billion Pushes XRP Above $0.50 Resistance – Here's the Next Level to Watch

XRP Price Prediction as $1 Billion Pushes XRP Above $0.50 Resistance – Here's the Next Level to Watch The XRP price has dipped by 2% in the past 24 hours, sliding back down to $0.522666 after rising in the wake of a federal court's denial of the SEC's motion to appeal the July ruling in its case with Ripple.XRP is now up by 4.5% in the past week and by 4% in the last 30 days, with the altcoin also having risen by 54% since the beginning of the year.This week's denial of the SEC ...

Blog • 05 October 2023, Thursday, 08:55

“CBDC to Aid Taxation” Argentina’s Central Bank Backs Massa’s Plan For a Digital Peso

“CBDC to Aid Taxation” Argentina’s Central Bank Backs Massa’s Plan For a Digital Peso Argentina’s central bank has expressly backed Sergio Massa’s bid to roll out a Central Bank Digital Currency (CBDC) if elected President.Juan Agustín D’Attellis Noguera, a director of Banco Central de la República Argentina explained that a ‘digital peso’ will offer multiple benefits for the country as the economy battles hyperinflation. Speaking with a local media outlet he pushed CBDC to aid in a new tax regi...

Blog • 05 October 2023, Thursday, 08:35

Exclusive: India Will Be Core Hub for Web3 Innovation, Says Gemini APAC CEO

Exclusive: India Will Be Core Hub for Web3 Innovation, Says Gemini APAC CEO In an exclusive interview with CryptoNews, Gemini APAC CEO and Global Chief Technology Officer (CTO), Pravjit Tiwana, shared insights into the company's strategic vision for India as their core hub for Web3 innovation. Tiwana believes that India will play a pivotal role in leading web3 innovation for Gemini and the broader web3 and crypto community.As reported earlier, Gemini announced to invest $24 million to expand...

Blog • 05 October 2023, Thursday, 08:25

K33 Research Advises Shifting Focus from Ether to Bitcoin Amid ETF Debut

K33 Research Advises Shifting Focus from Ether to Bitcoin Amid ETF Debut Crypto analysis firm K33 Research has suggested that investors consider shifting their focus from Ether (ETH) to Bitcoin (BTC) following Monday’s debut of Ether futures-based exchange-traded funds (ETFs) in the US.The launch of these ETFs, including offerings from VanEck, ProShares, and Bitwise, did not generate the same level of attention and trading activity as the introduction of Bitcoin futures ETFs in 2021.In a market ...

Blog • 05 October 2023, Thursday, 08:15

Solana Price Prediction as $500 Million Trading Volume Comes In Amid Sam Bankman-Fried Trial – Which Way Will SOL Go?

Solana Price Prediction as $500 Million Trading Volume Comes In Amid Sam Bankman-Fried Trial – Which Way Will SOL Go? The price of Solana (SOL) has dropped to $23.26 today, with the altcoin falling by 1% in 24 hours as the market as a whole barely moves.SOL's dip also comes as Sam Bankman-Fried's fraud trial begins in New York, with the conviction of the former FTX CEO potentially having implications for SOL, given that FTX currently holds a substantial sum of the cryptocurrency.Yet SOL ...

Blog • 05 October 2023, Thursday, 08:05

Crypto Exchanges Go Above & Beyond To Address Security Concerns

Crypto Exchanges Go Above & Beyond To Address Security Concerns Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.Cryptocurrencies are decentralized currencies that work entirely without intermediaries. To do this, they’re reliant entirely on the underlying software. Each transaction involves executing a piece of code, and this code is completely open and transparent. This is the reason why the cryp...

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