Mining Blog & Mining News

Blog • 03 October 2023, Tuesday, 17:50

Royal Thai Police Retrieves $277 Million From Fraudsters With Binance’s Help

Royal Thai Police Retrieves $277 Million From Fraudsters With Binance’s Help The Cyber Crime Investigation Bureau (CCIB), an arm of the Royal Thai Police, has announced the successful retrieval of $277 million (about 10 billion THB in local currency) in digital funds from internet fraudsters, all thanks to its collaboration with the Binance exchange. According to a blog post shared on its platform, the exchange stated that its investigative team was able to provide the Police with the details it...

Blog • 03 October 2023, Tuesday, 16:55

Haven's Compass: Experience the Evolution with the First Web3 FPS Game on Epic Games Store

Haven's Compass: Experience the Evolution with the First Web3 FPS Game on Epic Games Store With over 20,0000 downloads in its Open Alpha stage, Haven's Compass is revolutionizing the gaming landscape and invites all gamers to join, play for free, and share their invaluable feedback.Nottingham, United Kingdom - September 12, 2023: The next-gen of gaming is here with Haven's Compass, an avant-garde third-person tactical shooter by Ghost Ivy. As the “first Web3 FPS game to launch its O...

Blog • 03 October 2023, Tuesday, 16:45

The Remarkable Price Spike in Three Noteworthy Cryptocurrencies This Week – Curve DAO, Chainlink, VC Spectra

The Remarkable Price Spike in Three Noteworthy Cryptocurrencies This Week – Curve DAO, Chainlink, VC Spectra In the brutally bearish crypto market currently, three cryptocurrencies have emerged as the top altcoins. Curve DAO (CRV) has ridden the bullish wave after the founder settled the debt. Chainlink (LINK), on the other hand, has attained new standards in inter-chain operability. Yet, the biggest gainer has been VC Spectra (SPCT) with its massive profits and real-world utility.Let’s find out...

Blog • 03 October 2023, Tuesday, 16:25

Bitcoin Price Prediction as BTC Smashes Past $27,000 Resistance – Best Time to Buy?

Bitcoin Price Prediction as BTC Smashes Past $27,000 Resistance – Best Time to Buy? Bitcoin (BTC), the world's largest cryptocurrency, experienced a dip below the $28,000 mark in the early hours of Tuesday. The cryptocurrency had an exciting start to the week as it surged past the $28,000 threshold on Monday, marking its best performance since August. This surge contributed to the overall crypto market cap reaching $1.09 trillion, with Bitcoin (BTC) and Ethereum (ETH) leading the way in this...

Blog • 03 October 2023, Tuesday, 15:20

New Investment Firm Deus X Capital Targets Crypto Opportunities with $1 Billion in Assets

New Investment Firm Deus X Capital Targets Crypto Opportunities with $1 Billion in Assets Deus X Capital, a newly launched investment firm backed by a family office, has entered the crypto space with a combined $1 billion in fresh capital and existing investments.The firm's leadership includes Tim Grant, who assumes the role of CEO.Prior to joining Deus X Capital, Grant served as the Head of EMEA (Europe, Middle East, and Africa) at Galaxy Digital, the prominent digital asset management firm...

Blog • 03 October 2023, Tuesday, 15:10

Sportsbet.io Secures New Influencers for Ongoing Campaign

Sportsbet.io Secures New Influencers for Ongoing Campaign Press Release: Two high-profile influencers sign for the world’s favorite crypto sportsbook through ‘Join the Crypto Experience’ ambassador scheme.October 3, 2023, London, UK — Sportsbet.io has added two new influencers to its fast-growing team of ambassadors, as the jointhecryptoexperience.io campaign continues to gather momentum.The first new ambassador is Godknows Muchedzi, also known as Navid Art, who is a multi-talented graphic desig...

Blog • 03 October 2023, Tuesday, 15:00

Best Crypto to Buy Now October 3 – GALA, Polygon, EOS

Best Crypto to Buy Now October 3 – GALA, Polygon, EOS The launch of nine new exchange-traded funds (ETFs) tied to Ethereum futures contracts received a lukewarm reception on their first day of trading, Oct. 2.The ETFs, which track futures contracts linked to the price of Ethereum's cryptocurrency Ether, saw less than $2 million in combined trading volume as of midday Eastern Time, according to Eric Balchunas, a senior analyst at Bloomberg.With Ethereum futures ETFs getting off to a slow star...

Blog • 03 October 2023, Tuesday, 14:55

Biggest Crypto Gainers Today on DEXTools – SHIFU, FTX, VEGETA

Biggest Crypto Gainers Today on DEXTools – SHIFU, FTX, VEGETA Since its late reversal lower from the more than one-month highs that Bitcoin (BTC) posted early during Monday trade in the $28,600 area, the world’s largest cryptocurrency by market capitalization has been consolidating in the mid-$27,000s on Tuesday.Optimism about Bitcoin’s history of posting strong gains in October and short position liquidations were cited as behind Monday’s rally, before macro headwinds took over and pushed price...

Blog • 03 October 2023, Tuesday, 14:25

Suspicious Activity: FTX Hacker Moves 22,500 ETH Worth $37 Million – What's Going On?

Suspicious Activity: FTX Hacker Moves 22,500 ETH Worth $37 Million – What's Going On? In a series of concerning transactions, the hacker or group of hackers believed to be behind last year’s infamous FTX hack has moved millions of dollars’ worth of stolen crypto.In the past few days, the so-called FTX hacker has transferred 22,500 Ether (ETH), equivalent to about $37 million by today’s exchange rate, according to a post on X from the on-chain analytics firm Lookonchain.Out of the total, 7,5...

Blog • 03 October 2023, Tuesday, 14:15

Sam Bankman-Fried's Deal with Tom Brady: $55 Million for 20 Hours of Work

Sam Bankman-Fried's Deal with Tom Brady: $55 Million for 20 Hours of Work Sam Bankman-Fried had agreed to pay sports icon Tom Brady $55 million for just 20 hours of his time annually over a span of three years.Despite Bankman-Fried's reported lack of interest in sports, he entered into lucrative partnerships with Brady and his then-wife Gisele Bündchen, appointing them as "ambassadors" for FTX. Brady actively participated in TikTok videos, public events, and commercials to promote Bankm...

Blog • 03 October 2023, Tuesday, 14:05

Wall Street Memes to List on Gate.io and CoinW After Trading Boom on 7 Other Exchanges Beats Pepe and Challenges Shiba Inu

Wall Street Memes to List on Gate.io and CoinW After Trading Boom on 7 Other Exchanges Beats Pepe and Challenges Shiba Inu Crypto’s newest meme coin Wall Street Memes ($WSM) announced today that it will list on Gate.io and CoinW centralized exchanges (CEXs).$WSM is now the 3rd-most-traded meme coin, commanding a 24-hour trading volume of $95 million, a remarkable achievement for a coin that is only one week old.Now with two more CEXs joining the fray, trading momentum continues to grow. Shiba In...

Blog • 03 October 2023, Tuesday, 14:00

Sam Bankman-Fried in the Dock: A Deep Dive into FTX's Bankruptcy and Alleged Crypto Fraud

Sam Bankman-Fried in the Dock: A Deep Dive into FTX's Bankruptcy and Alleged Crypto Fraud Sam Bankman-Fried, the former CEO of FTX, is set to face trial in federal court in Manhattan, starting with jury selection today. The 31-year-old is accused of being the architect behind one of the largest financial crimes in U.S. history, following the bankruptcy of his crypto platform FTX. The trial comes less than a year after FTX and its hedge fund affiliate, Alameda Research, filed for bankruptcy ...

Blog • 03 October 2023, Tuesday, 13:30

Sygnum Singapore Obtains Major Payment Institution License for Crypto Brokerage Services

Sygnum Singapore Obtains Major Payment Institution License for Crypto Brokerage Services Sygnum Singapore, a subsidiary of the Switzerland-based cryptocurrency bank Sygnum, has received approval for its Major Payment Institution License (MPIL) from the Monetary Authority of Singapore (MAS) to be able to provide crypto brokerage services to accredited investors and institutions in Singapore.On October 3, Sygnum Singapore marked a significant achievement by completing the licensing process for its...

Blog • 03 October 2023, Tuesday, 13:20

Short Seller Jim Chanos Criticizes Michael Lewis' Defense of FTX, Compares It to Enron

Short Seller Jim Chanos Criticizes Michael Lewis' Defense of FTX, Compares It to Enron Famous billionaire short-seller Jim Chanos blasted Big Short author Michael Lewis on Sunday for his charitable defense of FTX founder Sam Bankman-Fried (SBF).In an episode of CBS’s 60 Minutes this weekend, Lewis discussed his new book “Going Infinite,” in which he told his story on SBF based on over one hundred meetings with the disgraced crypto leader.Among other things, Lewis claimed that FTX “isn’t a ...

Blog • 03 October 2023, Tuesday, 12:00

CFTC Chair Clashes with SEC's Gensler, Argues Majority of Crypto Should Be Seen as Commodities

CFTC Chair Clashes with SEC's Gensler, Argues Majority of Crypto Should Be Seen as Commodities Yesterday at the Futures Industry Association Expo, Rostin Behnam, Chair of the U.S. Commodity Futures Trading Commission (CFTC), reiterated his call for a comprehensive regulatory structure for the crypto sector. Behnam's comments come amid increasing regulatory scrutiny of the digital asset market. His statements diverge sharply from the views of Gary Gensler, Chair of the U.S. Securities an...

Blog • 03 October 2023, Tuesday, 11:10

Today in Crypto: Kazakh Mining Firms Stop Machines and Ask the President to Cut Energy Prices, Chainalysis Finds 'Notable' Decline in Eastern Asia’s Crypto Activity

Today in Crypto: Kazakh Mining Firms Stop Machines and Ask the President to Cut Energy Prices, Chainalysis Finds 'Notable' Decline in Eastern Asia’s 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._Mining newsEight crypto mining operators in Kazakhstan - BCD Company, TT TECH Limited, KZ Systems, AI Solutions, Green Power Solution, VerCom, Kinur Invest, and the Zhambyl ...

Blog • 03 October 2023, Tuesday, 11:00

Kazakhstan’s Miners Write Letter to President, Makes Plea For Lower Energy Prices

Kazakhstan’s Miners Write Letter to President, Makes Plea For Lower Energy Prices Digital asset miners in Kazakhstan have written an open letter to President Kassym-Jomart Tokayev asking for lower energy prices.According to reports from local media sources, eight major mining firms penned their signatures to the letter as more miners suspend their activities in the country. The letter was signed by representatives of the following firms: BCD Company LLP, TT TECH Limited Private Limited Company, ...

Blog • 03 October 2023, Tuesday, 10:55

SEC Defers Bitcoin ETF Verdict Again, While Ripple (XRP) Stagnates and InQubeta (QUBE) Presale Pulls Significant Funds

SEC Defers Bitcoin ETF Verdict Again, While Ripple (XRP) Stagnates and InQubeta (QUBE) Presale Pulls Significant Funds The world of cryptocurrency is again in the spotlight as the U.S. Securities and Exchange Commission (SEC) recently postponed its decision to approve a spot Bitcoin exchange-traded fund (ETF). This delay marks the third such postponement and raises questions about the regulatory future of digital assets. As the community awaits the SEC's final verdict, other developments are...

Blog • 03 October 2023, Tuesday, 10:35

Is It Too Late to Buy Rollbit Coin? RLB Price Rallies Up 24% and New Telegram Casino Startup Raises $350,000

Is It Too Late to Buy Rollbit Coin? RLB Price Rallies Up 24% and New Telegram Casino Startup Raises $350,000 Rollbit (RLB) has surged +24% in a dramatic upside move, as network growth and high GambleFi revenues trigger renewed interest in leading iGaming token - but is it too late to buy Rollbit Coin?The strong recovery move comes as RLB battles a tight range between the 20DMA support and upper trendline resistance - a move fuelled by bullish growth on the Rollbit platform.In a testament to stea...

Blog • 03 October 2023, Tuesday, 10:15

Imperiume Anonymous Crypto Wallet With Zero Compromises

Imperiume Anonymous Crypto Wallet With Zero Compromises Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.Stay ahead, stay anonymous. With Imperiume's anonymous crypto wallet, your crypto journey remains private and protected. Read more about it in this article!The digital finance landscape is undergoing a rapid transformation. With the rise of cryptocurrencies, blockchain technology, and decentralized finance products, traditional banking and...

Blog • 03 October 2023, Tuesday, 09:10

Biographer Michael Lewis Exposes Management Failings and Missing Billions at FTX

Biographer Michael Lewis Exposes Management Failings and Missing Billions at FTX Biographer Michael Lewis has exposed management failures and the alarming disappearance of billions of dollars within the financial empire of crypto tycoon Sam Bankman-Fried. Sharing his findings on CBS's 60 Minutes, Lewis, known for his investigations into Wall Street misconduct that unraveled the 2008 financial crisis, delved into allegations surrounding FTX and an alleged plot to bribe Donald Trump into aband...

Blog • 03 October 2023, Tuesday, 09:00

Crypto Venture Investments in Web3 Startups Decline for Seventh Consecutive Quarter

Crypto Venture Investments in Web3 Startups Decline for Seventh Consecutive Quarter Venture capital interest in web3 startups continues to wane as data from Crunchbase reveals a seventh consecutive quarter of declining investments in the sector.The decline, which started in the fourth quarter of 2021 after a peak in crypto venture fundraising, persisted through the third quarter of 2023, according to the data.The news was first reported by TechCrunch.Web3 startups secured approximately $1.3 bill...

Blog • 03 October 2023, Tuesday, 08:55

Litecoin Price Prediction as LTC Spikes Up 2.9% – Here are Key Levels to Watch

Litecoin Price Prediction as LTC Spikes Up 2.9% – Here are Key Levels to Watch The Litecoin price remains up by 2.5% in the past week, although a fall this morning to $65.81 means that it has lost 2.5% in the last 24 hours.This current price also represents a 2.5% gain the last 30 days, with LTC having risen by 25% in the past 12 months.2023 has been something of a mixed year for Litecoin, however, with the cryptocurrency's halving failing to have much of a positive effect on its price.But w...

Blog • 03 October 2023, Tuesday, 08:45

Bank of Portugal’s Chief Pushes For Global Crypto Regulation – Here’s What You Need to Know

Bank of Portugal’s Chief Pushes For Global Crypto Regulation – Here’s What You Need to Know The governor of Banco de Portugal, Mário Centeno has called for international cooperation towards a global framework for crypto regulation.According to him, national efforts alone cannot protect investors due to the nature of digital assets as it can lead to regulatory arbitrage creating loopholes for bad actors to capitalize.Speaking at the 2023 Banco de Portugal Financial Stability Conference on Oct. 2,...

Blog • 03 October 2023, Tuesday, 08:35

How to Buy Cogwise ($COGW) Token - Easy Guide

How to Buy Cogwise ($COGW) Token - Easy Guide This how to buy Cogwise guide and presale review will analyze all the features of this AI-driven model. Cogwise will offer blockchain developers premium trading insights and support by leveraging multiple AI concepts, such as machine learning and Natural Language Processing. Our guide will also review $COGW, the native token, which is used for staking benefits, yield farming and gives access to the Cogwise AI models. Read more to find out how to buy ...

Blog • 03 October 2023, Tuesday, 07:55

Bitcoin SV Price Prediction as BSV Outperforms Bitcoin – Are Whales Now Moving to BSV?

Bitcoin SV Price Prediction as BSV Outperforms Bitcoin – Are Whales Now Moving to BSV? The Bitcoin SV price has surged today, rising to $40.36 and marking a 6% gain in 24 hours as the cryptocurrency market falls by 2.5%.BSV has also risen by an impressive 31% in the past week and by 33% in the last 30 days, although the altcoin remains down by 2% since the beginning of the year, in contrast to many other major tokens, including Bitcoin (BTC).And with Bitcoin SV potentially being affected by the ...

Blog • 03 October 2023, Tuesday, 07:35

Is Apecoin Going to Zero? APE Price Plummets 8% as Latest Meme Coin Project Takes All the Limelight

Is Apecoin Going to Zero? APE Price Plummets 8% as Latest Meme Coin Project Takes All the Limelight ApeCoin (APE) has tumbled -8% after rejecting from upper-trendline resistance, marking the latest drop in a 9-month cascade - terrified bag-holders are now asking: Is ApeCoin going to zero?The downside price action for the APE governance token, comes amid wider disarray in the Bored Ape Yacht Club (BYAC) ecosystem - which has seen the value of the once prestigious NFT collection plummet over the p...

Blog • 03 October 2023, Tuesday, 07:05

The Next Dogecoin or Shiba Inu? New Meme Coin Meme Kombat Raises $230,000 During Crypto ICO

The Next Dogecoin or Shiba Inu? New Meme Coin Meme Kombat Raises $230,000 During Crypto ICO Crypto’s next Dogecoin or Shiba Inu could be meme coin battling platform Meme Kombat, after it raised $230,000 to kick off its ICO.Already a quarter of the way to its initial $1 million raise target, Meme Kombat targets three of the most lucrative sectors in crypto: gaming, meme coins and gambling. It is building a gaming ecosystem where popular meme characters come together to battle it out, and users wa...

Blog • 03 October 2023, Tuesday, 06:20

Strange FTX Token Rockets Up 5,000% as Viral New Bitcoin Project Starts Raising Funds – What's Going On?

Strange FTX Token Rockets Up 5,000% as Viral New Bitcoin Project Starts Raising Funds – What's Going On? As Uptober battles its way into reality, a strange HairyPlotterFTX (FTX) token has exploded +5,000% overnight - in a moon-shot taking aim at the now disgraced crypto exchange.Built with months of planning - this new project launched to coincide with the recent flurry of news around FTX, as now infamous industry poster-boy Sam Bankman-Fried faces the fight of his life against a potential ...

Blog • 03 October 2023, Tuesday, 06:10

South Korean Overseas Crypto Holding Figures 'May Be Inflated': Report

South Korean Overseas Crypto Holding Figures 'May Be Inflated': Report The research division of the South Korean crypto exchange Korbit revealed that the amount of overseas digital assets reported by domestic corporations and individuals to the National Tax Service, “may be inflated.”The significant value of the reported amount is probably pumped up during the process of reporting to the authorities, Korbit Research Centre notes.Per the research, overseas corporations are believed to b...

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