Mining Blog & Mining News

Blog • 23 September 2023, Saturday, 17:45

As Bitcoin (BTC) Struggles To Break $27k Resistance, Borroe.Finance ($ROE) Shakes the AI Crypto World

As Bitcoin (BTC) Struggles To Break $27k Resistance, Borroe.Finance ($ROE) Shakes the AI Crypto World In the dynamic realm of cryptocurrencies, where volatility is king and fortunes can shift in an instant, finding the best crypto investment is a pursuit that can yield substantial rewards. Recently, the cryptocurrency community has been closely monitoring the struggle of Bitcoin (BTC) to break past the formidable $27,000 resistance mark. However, amid this intense battle, Borroe.Finance ($ROE) e...

Blog • 23 September 2023, Saturday, 12:10

Base Network Outstrips Solana's TVL as Summer Lull Draws to a Close

Base Network Outstrips Solana's TVL as Summer Lull Draws to a Close Coinbase's layer-2 network, Base, has surpassed Solana (SOL) in terms of total value locked (TVL).Base's TVL has reached an impressive $397.32 million since its launch in August, outpacing Solana's TVL of $358.96 million, data from DefiLlama shows. Over the past month, Base has experienced significant growth, with a remarkable 97.21% increase in TVL.On the other hand, Solana has seen a decline of 9.64% in its TV...

Blog • 23 September 2023, Saturday, 05:50

Bybit to Stop UK Services as Fin Regulators Clamp Down - Are You Affected?

Bybit to Stop UK Services as Fin Regulators Clamp Down - Are You Affected? Cryptocurrency exchange Bybit has revealed its decision to suspend services in the United Kingdom (UK) due to impending regulations from the country's Financial Conduct Authority (FCA). In a Friday announcement, the exchange said it would begin the suspension process on October 1 and would no longer accept new account applications. This will be followed by the suspension of new deposits, new contracts, and changes to ...

Blog • 23 September 2023, Saturday, 05:20

Blockbuster Crypto Wall Street Memes Token to List on Binance in 3 Days Claims Source, Next Pepe 100x Coin Incoming?

Blockbuster Crypto Wall Street Memes Token to List on Binance in 3 Days Claims Source, Next Pepe 100x Coin Incoming? There are three days to go before Wall Street Memes, one of 2023’s biggest crypto presales, launches on exchanges, and Binance could be among the tier 1 trading venues being targeted. $WSM coin is at the center of a plan to monetize the meme stocks movement and bring that energy to crypto. With a one million-strong social community of financially switched-on individuals behind it...

Blog • 23 September 2023, Saturday, 04:25

Consensys Announces Sunset of Ganache and Truffle Toolkits, Marking the End of an Era for Ethereum Development

Consensys Announces Sunset of Ganache and Truffle Toolkits, Marking the End of an Era for Ethereum Development On September 22, ConsenSys, a leading Ethereum software company, announced the sunset of Truffle and Ganache, two widely used toolkits that were instrumental in developing and testing smart contracts on Ethereum. The company is redirecting its focus towards MetaMask toolkits like Snaps and SDK to empower developers.To ensure a seamless transition, ConsenSys will be partnering with HardH...

Blog • 23 September 2023, Saturday, 03:20

FTX Files Lawsuit Against Former Salameda Employees to Recover $157 Million

FTX Files Lawsuit Against Former Salameda Employees to Recover $157 Million According to the recent court filing, FTX, the bankrupt crypto exchange, has filed a lawsuit against former employees of Salameda, a Hong Kong-incorporated entity affiliated with FTX, to recover about $157.3 million.The Hong Kong firm was said to be controlled by the former CEO and founder of the bankrupt FTX, Sam Bankman-Fried, who is currently behind bars awaiting trial. The former employees are alleged to have partici...

Blog • 23 September 2023, Saturday, 02:45

Bitcoin Price and Ethereum Prediction: Minimal 1% Fluctuations Offer Trading Insights for BTC and ETH

Bitcoin Price and Ethereum Prediction: Minimal 1% Fluctuations Offer Trading Insights for BTC and ETH Bitcoin and Ethereum, two paramount forces in the cryptocurrency realm, are currently experiencing minimal fluctuations of around 1%. They are trading near $26,500 and $1,600, respectively, with an intriguing neutrality, potentially influenced by a tempered trading volume.Such a tight trading range can often serve as a harbinger for a breakout, and as investors eagerly scrutinize each shift, it ...

Blog • 22 September 2023, Friday, 19:10

Venezuelan Police Raid Uncovers Bitcoin Mining Machines, Rocket Launchers In Prison

Venezuelan Police Raid Uncovers Bitcoin Mining Machines, Rocket Launchers In Prison The Venezuelan Police seized Bitcoin (BTC) mining hardware, rocket launchers and a ton of other items as it recaptured the Tocoron prison which has been under the control of inmates. On Sept 21, the troops disclosed that alongside Bitcoin mining hardware, dangerous weapons such as machine gun ammunition belts, buckets of bullets, snipers, explosives and rocket launchers. The raid which took place on Wednesday inv...

Blog • 22 September 2023, Friday, 19:00

Major European Crypto Asset Manager CoinShares to Launch US Division

Major European Crypto Asset Manager CoinShares to Launch US Division Popular crypto asset manager CoinShares has announced the launch of a crypto operation in the United States.According to a press release on GlobeNewswire dated September 22, the new US operation will be called CoinShares Hedge Fund Solutions and will solely cater to cryptocurrency investors. This is despite a hostile crypto climate in the North American country.The eligible investors can trade across a range of private investme...

Blog • 22 September 2023, Friday, 18:35

South Korean Entertainment Giant Dreamus Embraces NFTs for K-Pop Tickets

South Korean Entertainment Giant Dreamus Embraces NFTs for K-Pop Tickets South Korean entertainment and events company Dreamus, a subsidiary of SK Planet, is breaking into blockchain by offering NFT ticketing services through its parent company’s rewards app.The app lets fans purchase tickets for various events, including K-pop concerts and other shows, in the form of Avalanche NFTs on SK Planet's private Avalanche subnet, launched earlier this year.Presently, Avalanche-based NFT tickets are...

Blog • 22 September 2023, Friday, 17:30

Biggest Crypto Gainers Today on DEXTools – BEAR, CAL, MANE

Biggest Crypto Gainers Today on DEXTools – BEAR, CAL, MANE Bitcoin (BTC) is consolidating in the $26,600s on Friday, roughly in line with where it started the week as traders digest recent macro developments, like a further push higher in US yields to new multi-year/decade highs in wake of this week’s hawkish leaning Fed policy announcement.The world’s largest cryptocurrency by market capitalization remains wedged close to the middle of a multi-week $24,750-$28,500ish range as markets assess the...

Blog • 22 September 2023, Friday, 17:20

6.8% of Nansen's Third-party Vendor Impacted By Cyber Attack – What Happened?

6.8% of Nansen's Third-party Vendor Impacted By Cyber Attack – What Happened? On-chain insights platform Nansen has revealed that a third-party vendor's system has been compromised. As a result, about 6.8% of the customers' data have been affected.Providing more details, the blockchain analytics platform stated that the event occurred on September 20, but it declined to mention the vendor impacted by the security breach. In a brief description, Nansen revealed that the affected vend...

Blog • 22 September 2023, Friday, 16:35

Google Cloud Enhances Access to Blockchain Data, Adds 11 Networks

Google Cloud Enhances Access to Blockchain Data, Adds 11 Networks Google Cloud has announced an addition of 11 blockchains to its ‘BigQuery’ program for datasets in a bid to provide easy access to blockchain data.In an official statement on Sept 21, the company disclosed the 11 new networks: Avalanche, Near, Fantom, Optimism, Polygon, Polygon Mumbai Testnet, Tron, Cronos, Arbitrum, and Ethereum Görli testnet.The cloud service provider cited the need for developers to have access to a variety of ...

Blog • 22 September 2023, Friday, 15:30

Best Crypto to Buy Now September 22 – ApeCoin, Stellar, Litecoin

Best Crypto to Buy Now September 22 – ApeCoin, Stellar, Litecoin Binance is pushing back on a lawsuit filed against it by the Securities and Exchange Commission (SEC) in its own legal filing made on September 21.In the legal filing, Binance and its founder Changpeng Zhao allege the SEC has overstepped its authority and failed to provide regulatory clarity for the crypto industry before taking action against the company.Considering these recent developments with Binance, what is the best crypto t...

Blog • 22 September 2023, Friday, 15:20

Stablecoin Market Dominance Hits 18-Month Low: What's Driving Investors Away?

Stablecoin Market Dominance Hits 18-Month Low: What's Driving Investors Away? Stablecoin market dominance has reached its lowest point in 18 months, according to a Monday report.Amid a volatile year for cryptocurrencies, the stablecoin sector has experienced a sustained decline. As reported by CCData, the decrease has persisted for 18 months, causing market dominance to fall to 11.6% as of September. The downward trend has had investors and market watchers questioning the factors contributi...

Blog • 22 September 2023, Friday, 15:10

Post.Tech, Friend.Tech's Rival, Sees Surge with $1.8 Million Daily Trading Volume

Post.Tech, Friend.Tech's Rival, Sees Surge with $1.8 Million Daily Trading Volume In the world of social media, competition is fierce, and when it comes to token-gated channels, pioneer Friend.Tech dominated until rival Post.Tech recently experienced a surge in daily trading volume, The Block reported on Thursday.Post.Tech operates much like its predecessor, Friend.Tech, offering token-gated channels where users can buy and sell access tokens.Both platforms charge a 10% fee on transactions,...

Blog • 22 September 2023, Friday, 14:45

Bitcoin Price Prediction as Trading Volume Surges Past $13 Billion as Interest in Crypto Comes Back – Time to Buy?

Bitcoin Price Prediction as Trading Volume Surges Past $13 Billion as Interest in Crypto Comes Back – Time to Buy? As the crypto landscape experiences renewed enthusiasm, the trading volume of Bitcoin has surged, surpassing $13 billion. The live price of Bitcoin today stands at $26,575, reflecting a subtle decline of less than 0.50% in the last 24 hours.According to CoinMarketCap, Bitcoin firmly holds its position as the top-ranked cryptocurrency, boasting a market capitalization of $518 billion...

Blog • 22 September 2023, Friday, 14:35

Tether Reneges on Loan Promise: Lends $5.5 Billion in Stablecoins Despite Earlier Pledge

Tether Reneges on Loan Promise: Lends $5.5 Billion in Stablecoins Despite Earlier Pledge Tether, the company behind the popular USDT stablecoin, has raised eyebrows in the crypto community by lending out $5.5 billion in stablecoins, despite its earlier promise to halt such loans by the end of 2023, according to a Wall Street Journal report.This revelation has raised questions about Tether's ability to handle a potential rush of redemptions and highlights its increasing dominance in the stabl...

Blog • 22 September 2023, Friday, 14:25

FTX Founder Sam Bankman-Fried's Bail Request Rejected Ahead of Trial

FTX Founder Sam Bankman-Fried's Bail Request Rejected Ahead of Trial A US court has denied Sam Bankman-Fried's request for release on bail before his trial, which is scheduled to begin next month. On Thursday, an appeals court upheld the decision to keep the disgraced founder of FTX locked up ahead of his trial. "We reject [Bankman-Fried's] contention that the district court failed to consider a less restrictive alternative to detention," the court ruled. "The record shows that the ...

Blog • 22 September 2023, Friday, 10:45

Is It Too Late to Buy ImmutableX? IMX Price Rockets Up 30% as Whales Start Accumulating and Meme Kombat Could Be the Next Crypto to Explode

Is It Too Late to Buy ImmutableX? IMX Price Rockets Up 30% as Whales Start Accumulating and Meme Kombat Could Be the Next Crypto to Explode IMX has exploded +30% over-night in a sensational move driven by a massive influx of volume on South Korean crypto markets, the native token of the ImmutableX NFT platform is now poised to test resistance at the 200DMA - leaving some asking 'is it Too Late to Buy ImmutableX'?A tsunami of more than $617m in 24-hour trading volume on the Upbit and BW e...

Blog • 22 September 2023, Friday, 10:25

Meme Kombat Price Prediction 2023 - 2030

Meme Kombat Price Prediction 2023 - 2030 Meme Kombat ($MK) is a hot new token that combines the charm of memes and competitive gaming to create a unique Ethereum-based token—$MK.The platform recently launched its presale and has already raised over $30,000 within a day, showing strong initial interest from investors. It has a roadmap that outlines its plans to further increase utility and also offers an annual percentage yield (APY) on staking of 112%.This article outlines the Meme Kombat price ...

Blog • 22 September 2023, Friday, 09:20

Resurfaced Video From 1998 Shows Alleged Bitcoin Creator Hal Finney Discussing Cryptographic Technology

Resurfaced Video From 1998 Shows Alleged Bitcoin Creator Hal Finney Discussing Cryptographic Technology A recently resurfaced video from 1998 has stirred up speculations regarding the alleged involvement of Hal Finney, an American software developer and early Bitcoin pioneer, in the creation of the flagship cryptocurrency. The footage captures Finney discussing zero-knowledge proofs during the 18th annual International Cryptology Conference at the University of California, Santa Barbara.In the v...

Blog • 22 September 2023, Friday, 08:45

Crypto Platform Bybit to Suspend UK Operations Starting October 8 – What's Going On?

Crypto Platform Bybit to Suspend UK Operations Starting October 8 – What's Going On? Digital assets exchange Bybit, which cited early this month that new marketing rules in the UK would hinder its operations, will no longer accept new account applications from UK residents, starting October 1.The new rules, announced by the UK’s Financial Conduct Authority (FCA), apply to all crypto promotions including the ban on incentives like referral bonuses. The regulator said that the rules will come...

Blog • 22 September 2023, Friday, 08:35

Who's the Real Contender in 2023? Borroe.Finance's Stunning ICO, Stellar’s Consistency & Solana’s Market Rally

Who's the Real Contender in 2023? Borroe.Finance's Stunning ICO, Stellar’s Consistency & Solana’s Market Rally Borroe.Finance ($ROE) is operating a successful ICO, as proven by the high demand for $ROE tokens. On the other hand, Stellar ($XLM) has been rising consistently since the start of 2023, gaining investors’ attention. However, the many developments implemented on Solana’s network are yet to push $SOL higher in the market. Can Stellar and Solana keep surging to compete with ...

Blog • 22 September 2023, Friday, 07:50

GOLD Token Keeps Going Higher After a 20,000% Pump and Crypto Experts Say This Lesser Known Meme Coin is Next – Here's Why

GOLD Token Keeps Going Higher After a 20,000% Pump and Crypto Experts Say This Lesser Known Meme Coin is Next – Here's Why As On-Chain trading activity continues to flourish amid a surge in Telegram sniper bots, GOLD token has emerged as the latest breakout following a dramatic +20,000% skyrocket move.Recent weeks have seen a huge trend in explosive DEX launched tokens, with countless pump-and-dump moon-shots including PogeX, Trump2024, Thing, Jinbe and шайлушай.In the latest move, Gold Coi...

Blog • 22 September 2023, Friday, 07:20

Terra Luna Classic Price Prediction as LUNC Blasts Up 9% and Becomes Best Performer – What's Going On?

Terra Luna Classic Price Prediction as LUNC Blasts Up 9% and Becomes Best Performer – What's Going On? The price of Terra Luna Classic (LUNC) has jumped by nearly 9% in the past 24 hours, following the acceptance of two governance proposals that would help boost it and its sister stablecoin, USTC.At $0.00006136, LUNC is up by 7% in a week but down by 4% in the last 30 days, with the altcoin also having declined by 57% since the beginning of the year.However, the accepted proposals calling f...

Blog • 22 September 2023, Friday, 07:10

High Gas Fees Alert: Binance Wallet Records $840,000 in Abnormal Ethereum Charges

High Gas Fees Alert: Binance Wallet Records $840,000 in Abnormal Ethereum Charges The Ethereum (ETH) network experienced a surge of abnormally high gas fees on Thursday, with over 140,000 transactions directed to a wallet address labeled by Etherscan as “Binance 14.”While the Ethereum network's average gas fee hovered around 10 gwei, Binance’s transactions consistently paid fees exceeding 300 gwei, or around 30 times higher than what was needed.300 gwei equals around $10.The extraordinary ex...

Blog • 22 September 2023, Friday, 06:35

Binance Sounds the Warning: EU's MiCA Law May Lead to Stablecoin Removals – What's Going On?

Binance Sounds the Warning: EU's MiCA Law May Lead to Stablecoin Removals – What's Going On? Binance has raised concerns about the potential delisting of stablecoins in Europe due to the upcoming implementation of the European Union's Markets in Crypto Assets (MiCA) regulation. “We are heading to a delisting of all stablecoins in Europe on June 30,” given that no project has yet been approved, Marina Parthuisot, head of legal at Binance France, told an online public hearing hosted ...

Blog • 22 September 2023, Friday, 06:25

XRP Price Prediction as XRP Overtakes USDC and Becomes Top 5 Coin in the World – Can XRP Reach $100?

XRP Price Prediction as XRP Overtakes USDC and Becomes Top 5 Coin in the World – Can XRP Reach $100? XRP has overtaken USDC as the fifth-biggest cryptocurrency in the world in terms of market cap, with the altcoin's price rising by 2.5% in the past week.At $0.509616, XRP is down by 1.5% in the past month, yet it remains up by 50% since the beginning of the year, helped by Ripple's largely positive outcome in its case with the SEC.And given that XRP has declined in the past few weeks most...

Blog • 22 September 2023, Friday, 06:15

Crypto Analysts are Stacking This Coin Before it Lists on Exchanges – What Do They Know?

Crypto Analysts are Stacking This Coin Before it Lists on Exchanges – What Do They Know? As crypto markets rapidly shift between quick narrative plays and on-chain moon-shots, Bitcoin BSC is quickly emerging as a promising new contender, catching the attention of eagle-eyed investors worldwide. With summer drawing to a close, September sees traders return to their stations, and this is evident from the sensational Bitcoin BSC presale - which has already surpassed the $4m threshold, reinforcing i...

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