Mining Blog & Mining News

Blog • 29 August 2023, Tuesday, 16:40

Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders It to Compensate Investors, LimeWire Launches 'World's 1st Blockchain-Based AI Creator Studio on Polygon'

Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders It to Compensate Investors, LimeWire Launches 'World's 1st Blockchain-Based AI Creator Studio on Polygon' 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 newsBinance's Belgian customers are allowed to use the crypto exchange via its Polish branch,...

Blog • 29 August 2023, Tuesday, 16:30

Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders It to Compensate Investors, LimeWire Launches 'World's 1st Blockchain-Based AI Creator Studio on Polygon'

Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders It to Compensate Investors, LimeWire Launches 'World's 1st Blockchain-Based AI Creator Studio on Polygon' 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 newsBinance's Belgian customers are allowed to use the crypto exchange via its Polish branch,...

Blog • 29 August 2023, Tuesday, 16:20

Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders It to Compensate Investors, LimeWire Launches 'World's 1st Blockchain-Based AI Creator Studio on Polygon'

Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders It to Compensate Investors, LimeWire Launches 'World's 1st Blockchain-Based AI Creator Studio on Polygon' 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 newsBinance's Belgian customers are allowed to use the crypto exchange via its Polish branch,...

Blog • 29 August 2023, Tuesday, 15:50

Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders It to Compensate Investors, LimeWire Launches 'World's 1st Blockchain-Based AI Creator Studio on Polygon'

Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders It to Compensate Investors, LimeWire Launches 'World's 1st Blockchain-Based AI Creator Studio on Polygon' 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 newsBinance's Belgian customers are allowed to use the crypto exchange via its Polish branch,...

Blog • 29 August 2023, Tuesday, 15:40

Grayscale Crypto Asset Management Firm Wins Lawsuit Against SEC

Grayscale Crypto Asset Management Firm Wins Lawsuit Against SEC Digital asset management firm, Grayscale wins its highly anticipated case against the Securities and Exchange Commission (SEC) over the latter’s rejection of the firm’s spot Bitcoin (BTC) ETF application.The U.S. Court of Appeals for the District of Columbia Circuit has ruled in favor of Grayscale ordering the SEC to set aside its earlier rejection of Grayscale’s application and reopen the review process.Grayscale hinged its argumen...

Blog • 29 August 2023, Tuesday, 15:30

Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders It to Compensate Investors, LimeWire Launches 'World's 1st Blockchain-Based AI Creator Studio on Polygon'

Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders It to Compensate Investors, LimeWire Launches 'World's 1st Blockchain-Based AI Creator Studio on Polygon' 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 newsBinance's Belgian customers are allowed to use the crypto exchange via its Polish branch,...

Blog • 29 August 2023, Tuesday, 15:20

Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders It to Compensate Investors, LimeWire Launches 'World's 1st Blockchain-Based AI Creator Studio on Polygon'

Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders It to Compensate Investors, LimeWire Launches 'World's 1st Blockchain-Based AI Creator Studio on Polygon' 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 newsBinance's Belgian customers are allowed to use the crypto exchange via its Polish branch,...

Blog • 29 August 2023, Tuesday, 15:10

Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders It to Compensate Investors, LimeWire Launches 'World's 1st Blockchain-Based AI Creator Studio on Polygon'

Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders It to Compensate Investors, LimeWire Launches 'World's 1st Blockchain-Based AI Creator Studio on Polygon' 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 newsBinance's Belgian customers are allowed to use the crypto exchange via its Polish branch,...

Blog • 29 August 2023, Tuesday, 13:50

Argo Blockchain Successfully Decreases 2022 Debt to $75 Million – Here's the Latest

Argo Blockchain Successfully Decreases 2022 Debt to $75 Million – Here's the Latest Digital asset mining firm Argo Blockchain has reported $18.8 million in losses in the first half of the year, reducing total losses to $75 million from last year.The mining firm has struggled to navigate the tough path following wider market woes characterized by plunging prices of top crypto assets.According to the company’s “Interim Half Year Results,” net losses are down by 50% compared to $39.6 million l...

Blog • 29 August 2023, Tuesday, 13:10

Binance Crypto Exchange Gauges Complete Exit from Russian Market Amid Sanctions

Binance Crypto Exchange Gauges Complete Exit from Russian Market Amid Sanctions Binance is reportedly considering a complete withdrawal from the Russian market amid growing Western sanctions on the country. On Monday, an exchange spokesperson told The Wall Street Journal that Binance is exploring all possible options, including a full exit from Russia."All options are on the table, including a full exit," the spokesperson said. The decision comes amid increasing scrutiny of the exchange for its ...

Blog • 29 August 2023, Tuesday, 12:40

Indian Crypto Layoffs Continue as CoinSwitch Fires 44 Employees Citing Redundancy in Roles

Indian Crypto Layoffs Continue as CoinSwitch Fires 44 Employees Citing Redundancy in Roles CoinSwitch, an Indian crypto unicorn, has become the latest in the crypto layoff spree in India, announcing job cuts in its customer support and operations teams.In a recent update from the company, a spokesperson told MoneyControl that CoinSwitch has laid off 44 employees as a part of company restructuring, citing redundancy in roles. Customer queries have decreased due to a plunge in trading volumes driv...

Blog • 29 August 2023, Tuesday, 12:30

Dragonfly Capital Leads $3.75 Million Round for NFT Pioneer FirstMate – Crypto Funding Back?

Dragonfly Capital Leads $3.75 Million Round for NFT Pioneer FirstMate – Crypto Funding Back? Non-fungible token (NFT) startup FirstMate has successfully raised $3.75 million for further development of a new NFT storefront builder platform.Led by crypto-focused venture capital firm Dragonfly Capital and with participation from notable investors such as Coinbase Ventures and NextView, the funding round was announced by FirstMate in a thread on social media platform X on Monday.Launch of ‘NFT store...

Blog • 29 August 2023, Tuesday, 12:20

XRP Price Prediction as $0.51 Level Consolidation Continues – When is the Next Move Up?

XRP Price Prediction as $0.51 Level Consolidation Continues – When is the Next Move Up? The XRP price has failed to move in the past 24 hours, with this level also representing a 0% change in a week as the altcoin consolidates at $0.515658 today.XRP is also down by 28% in the last 30 days, following a difficult few weeks for the altcoin and the wider market, which has been negatively affected by macroeconomic hangups and regulatory concerns.But with XRP remaining in a strongly oversold position ...

Blog • 29 August 2023, Tuesday, 11:50

Is It Too Late to Buy Rollbit Coin? RLB Price Surges 30% and Launchpad Can Find the Next Crypto to Explode

Is It Too Late to Buy Rollbit Coin? RLB Price Surges 30% and Launchpad Can Find the Next Crypto to Explode Leading GambleFi token Rollbit (RLB) has surged +44.5% week-on-week, as bag-holders mount an impressive defense of lower trading range.This comes as big influencers on crypto twitter remain bullish on Rollbit, despite a wider backdrop of declining value for most altcoin projects.GambleFi has gained interest as a narrative in recent weeks, with markets excited about the growth prospects for ...

Blog • 29 August 2023, Tuesday, 11:20

DCG Reaches Preliminary Agreement with Genesis Creditors, Offering Potential 70%-90% Recovery

DCG Reaches Preliminary Agreement with Genesis Creditors, Offering Potential 70%-90% Recovery Digital Currency Group has reached a preliminary agreement with Genesis creditors to settle the claims by reimbursing 70-90% in USD equivalent to unsecured creditors.As per a court filing, the in-principle deal reached with Genesis creditors offers up to 65%- 90% recovery on an in-kind basis depending on the denomination of particular cryptocurrencies. Exact details of the recovery are subjected to fina...

Blog • 29 August 2023, Tuesday, 11:00

Mickey Mouse Joins Disney Cryptoverse with $40 NFT Collection

Mickey Mouse Joins Disney Cryptoverse with $40 NFT Collection Cryptoys - Andreessen Horowitz-backed, non-fungible token (NFT)-native digital toy company - confirmed that it will launch a new collection featuring the world's most famous mice and planet-named dog.Cryptoys said on Monday that the team is "incredibly excited" to announce their latest digital toys drop in partnership with Disney.Mickey Mouse, Minnie Mouse, and Pluto will be introduced as the newest Cryptotoys in September.Accordi...

Blog • 29 August 2023, Tuesday, 10:50

Litecoin Price Prediction as $200 Million Trading Volume Sends LTC Up 1% – Are Whales Accumulating?

Litecoin Price Prediction as $200 Million Trading Volume Sends LTC Up 1% – Are Whales Accumulating? The price of Litecoin (LTC) has risen by 1% in the past 24 hours, reaching $64.98 as the altcoin's trading volume remains above $200 million.LTC is now down by 1.5% in a week and by 31% in the last 30 days, while the cryptocurrency has also declined by 7% since the beginning of the year. This compares poorly with the many major tokens (e.g. BTC, ETH, XRP) that have recovered well since January...

Blog • 29 August 2023, Tuesday, 10:40

Is Bitcoin Cash is Going to Zero? BCH Price Drops 5% and Sonik Coin Approaches $700,000

Is Bitcoin Cash is Going to Zero? BCH Price Drops 5% and Sonik Coin Approaches $700,000 Leading hard-fork Bitcoin Cash (BCH) has fallen -5%, as price action continues to tumble amid tumultuous resistance from the 20DMA - is Bitcoin Cash going to zero?After more than 60 days of downside price action, BCH bag-holders are in a state of fear as market and media interest fleets from the hard-fork project.In a particularly dramatic move on August 26, CNBC removed Bitcoin Cash from their cryptocurrency...

Blog • 29 August 2023, Tuesday, 10:00

As New PEPE Coin Shoots Up 10,000%, Crypto Whales are Buying This Other Meme Coin Before it Lists on Exchanges

As New PEPE Coin Shoots Up 10,000%, Crypto Whales are Buying This Other Meme Coin Before it Lists on Exchanges As on-chain summer continues to grip DEX markets, in an unexpected move a Pepe (PEPE) - a spin-off of the original Pepecoin - has exploded an eye-watering +10,000%.Following in the footsteps of Pepecoin (PEPE), which undertook a dramatic surge to a $1bn market cap back in May, Pepe is a spin-off meme coin riding high in the wake.However, at the heart of this rally is serious community b...

Blog • 29 August 2023, Tuesday, 09:40

FTX Founder Sam Bankman-Fried's Defense Again Seeks 'Temporary Release' for Trial Preparation

FTX Founder Sam Bankman-Fried's Defense Again Seeks 'Temporary Release' for Trial Preparation On August 25, former FTX CEO Sam Bankman-Fried's attorneys filed a new motion seeking his "temporary release" or, alternatively, requesting that he be allowed to meet with his defense team five days a week based on his right to assist in preparing his defense.On Friday, the defense team lodged a motion asserting that Bankman-Fried's right to participate in his defense is being vio...

Blog • 29 August 2023, Tuesday, 09:30

Shiba Inu Price Prediction as SHIB Spikes Up 2% – Time to Buy?

Shiba Inu Price Prediction as SHIB Spikes Up 2% – Time to Buy? The Shiba Inu price has risen by more than 2% today, with its jump to $0.00000811 coming as the cryptocurrency market as a whole inches up by 0.4% in the past 24 hours.SHIB is now up by 1.6% in the past week but down by 20% in the past fortnight, with the meme also having gained by only 0.1% since the beginning of the year (in contrast to many other major tokens, which have recovered strongly).The underperformance of SHIB in the past...

Blog • 29 August 2023, Tuesday, 09:20

Republican Trio Voices Concerns on Fed's Influence on Stablecoin Regulation

Republican Trio Voices Concerns on Fed's Influence on Stablecoin Regulation Three Republican lawmakers have lashed out at the Federal Reserve regarding its recent moves to strengthen oversight of banks' cryptocurrency and stablecoin activities. In a Monday letter to Fed Chair Jerome Powell, the lawmakers argued that these actions are undermining their efforts to pass a bill aimed at regulating stablecoins. The trio, which included House Financial Services Committee Chair Patrick T. McHe...

Blog • 29 August 2023, Tuesday, 09:10

Is Axie Infinity Going to Zero? Investors are Buying SCORP to Offset Risks

Is Axie Infinity Going to Zero? Investors are Buying SCORP to Offset Risks Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.Axie Infinity (AXS) still maintains its status as one of the most popular play-to-earn cryptocurrencies in the market. But at what cost?It has lost 65.41% in a year, 24.13% in a month, and 15.97% in a week. With the underlying project failing to show any real progress that can onboard new users or just retain existing ones, ...

Blog • 29 August 2023, Tuesday, 08:20

Hello Labs: $HELLO Token is Coming to Ethereum

Hello Labs: $HELLO Token is Coming to Ethereum Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.In the fast-paced world of cryptocurrency and entertainment, Hello Labs continues to set new standards by staying at the forefront of innovation and development. Their latest milestone involves their renowned $HELLO cryptocurrency token taking a giant leap forward to become cross-chain, expanding its reach and accessibility for crypto enthusiasts world...

Blog • 29 August 2023, Tuesday, 08:10

Despite Institutions Accumulating XRP, $ROE is a Better Alternative for Growth

Despite Institutions Accumulating XRP, $ROE is a Better Alternative for Growth Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.A trend that has caught the attention of many investors is the consecutive weeks of accumulation by institutions for a particular cryptocurrency. XRP, often touted as a significant player in the crypto realm, has witnessed 16 consecutive weeks of institutional accumulation. However, in the midst of this phenomenon, anoth...

Blog • 29 August 2023, Tuesday, 07:00

Bitcoin Price Prediction Amid Mining Challenges, Trading Lulls, and Upcoming Economic Data

Bitcoin Price Prediction Amid Mining Challenges, Trading Lulls, and Upcoming Economic Data Bitcoin, the pioneering cryptocurrency, currently trades at $26,111, marking a modest increase of nearly 0.25% as of Tuesday. This price movement unfolds against a backdrop of mounting challenges in the Bitcoin mining sector, where miners grapple with soaring difficulty levels and hash rates that have touched unprecedented highs. Additionally, trading activity appears to be waning, with the volume of Bitco...

Blog • 29 August 2023, Tuesday, 05:50

SEC Commissioners Dissent Against Agency's First NFT Enforcement Action

SEC Commissioners Dissent Against Agency's First NFT Enforcement Action In a display of dissent within the United States Securities and Exchange Commission (SEC), Commissioners Hester Peirce and Mark T. Uyeda have expressed their reservations regarding the agency's first NFT enforcement action against the media firm Impact Theory. The move marks the SEC's first foray into regulating the non-fungible token (NFT) market.As reported earlier, the US SEC has charged Impact Theory over it...

Blog • 29 August 2023, Tuesday, 04:40

Republican Lawmakers Accuse Fed of Obstructing Advancements on Stablecoin Bill

Republican Lawmakers Accuse Fed of Obstructing Advancements on Stablecoin Bill A group of Republican lawmakers have expressed their concerns regarding the Federal Reserve's recent measures aimed at strengthening its oversight of crypto and stablecoin activities within banks. These lawmakers have complained that such actions are hindering the advancement of their proposed bill designed to regulate stablecoins.The trio, consisting of House Financial Services Committee Chair Patrick T. McHenry ...

Blog • 29 August 2023, Tuesday, 03:00

Unlocking DeFi’s Potential: How Knowit Owlz Is Transforming Yield Farming

Unlocking DeFi’s Potential: How Knowit Owlz Is Transforming Yield Farming Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.In the rapidly evolving world of cryptocurrency, there's a new player intent on simplifying the complexities of the domain – Knowit Owlz. This exclusive investment group isn't just introducing novices to the cryptic world of cryptocurrency but is also employing NFTs to serve as a bridge to crypto education. Here's...

Blog • 29 August 2023, Tuesday, 01:00

Bitcoin Shows Resilience Despite Rate Hike Concerns

Bitcoin Shows Resilience Despite Rate Hike Concerns Despite recent concerns about further potential interest rate hikes by the Federal Reserve, Bitcoin has shown notable resilience according to analysts. This comes after Fed Chair Jerome Powell's speech at the annual Jackson Hole symposium last week, where he indicated that more rate hikes may be on the horizon as the Fed battles elevated inflation.Bitcoin Bounces Back After Jackson Hole SelloffAccording to Sam Callahan, lead analyst at Swan...

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