Mining Blog & Mining News

Blog • 28 August 2023, Monday, 06:10

Digital Ruble Scammers ‘Target Russians in Multiple Regions’

Digital Ruble Scammers ‘Target Russians in Multiple Regions’ Digital ruble scammers have reportedly struck in multiple Russian regions, with fraudsters apparently hoping to dupe citizens who do not yet fully understand how the CBDC works.Media outlets around the country say that scammers are sending citizens emails that use commercial and Central Bank logos.The emails claim that if citizens do not “convert” their savings to digital rubles, they will lose everything.Other scammers are posing as b...

Blog • 28 August 2023, Monday, 05:30

Balancer Protocol Exploited for $900k Despite Prior Vulnerability Alert

Balancer Protocol Exploited for $900k Despite Prior Vulnerability Alert Decentralized finance protocol Balancer was exploited for nearly $900,000 on Sunday, a few days after a critical vulnerability was reported affecting a number of V2 pools. Blockchain security expert Meier Dolev revealed the identity of the hacker who exploited the vulnerability. The hacker's Ethereum address came under scrutiny as it received two notable transfers of Dai (DAI) stablecoins, totaling $636,812 and $257,527,...

Blog • 28 August 2023, Monday, 03:50

BNB and Optimism Stunned: Borroe's Explosive Presale Sets the Market Ablaze

BNB and Optimism Stunned: Borroe's Explosive Presale Sets the Market Ablaze Optimism (OP) dropped recently due to unfavorable market conditions that have made investors doubt the stability of the project. Meanwhile, BNB (BNB) collapsed after Binance announced that it would shut down Binance Connect. While these cryptocurrencies are falling, Borroe ($ROE) is surging massively and has already delivered a 25% profit for early investors, making it the best cryptocurrency to invest in today.>>BU...

Blog • 27 August 2023, Sunday, 17:20

Rollbit Price Prediction as RLB Becomes Best Performing Coin of the Week – Are Whales Buying?

Rollbit Price Prediction as RLB Becomes Best Performing Coin of the Week – Are Whales Buying? As the crypto market continues its dance of unpredictability, one coin is catching significant attention: Rollbit's RLB token. On 27th August, the RLB/USD trading pair displayed an encouraging uptick, registering gains of nearly 0.10%. This marks the coin's third bullish performance in successive sessions, having amassed an impressive nearly 35% increase over the previous two days. These burgeon...

Blog • 27 August 2023, Sunday, 16:10

DYdX Founder: Crypto Developers Could Benefit from Avoiding US Market – What's Going On?

DYdX Founder: Crypto Developers Could Benefit from Avoiding US Market – What's Going On? Antonio Juliano, founder of the decentralized exchange dYdX, has suggested that crypto developers forget about serving customers in the United States for the next five to 10 years due to a hostile regulatory environment. In a recent X (formerly Twitter) thread, the crypto veteran encouraged crypto builders to focus on experimenting in other markets and return to the US when the time is right."It’s not r...

Blog • 27 August 2023, Sunday, 12:10

Games, Sports and NFTs: Learn How Scorpion Casino is Revolutionizing Crypto Casinos

Games, Sports and NFTs: Learn How Scorpion Casino is Revolutionizing Crypto Casinos Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.With a lot going on, Scorpion Casino (SCORP) stands out by virtue of its remarkable design and extensive suite of features. That includes many games and sports, as well as NFTs that can be very rewarding.These are the reasons why there are so many investing in the SCORP presale, which is smashing its targets. We exp...

Blog • 27 August 2023, Sunday, 11:10

Bitcoin Price Prediction as Bulls Push BTC Past $26,000 – Time to Buy?

Bitcoin Price Prediction as Bulls Push BTC Past $26,000 – Time to Buy? In recent developments, Bitcoin bulls have propelled the cryptocurrency past the $26,000 threshold, inciting debates about whether now is the opportune moment to invest. Although Bitcoin traded at $26,000 on Sunday, marking a slight dip of over 0.50%, broader economic concerns loom in the background. Economist Peter Schiff warns of an impending "Full-Blown Financial Crisis" in the US before the Federal Reserve can effectively...

Blog • 27 August 2023, Sunday, 09:10

Analysts Introduce Innovative Framework to Decode Bitcoin Economy in Bear Market

Analysts Introduce Innovative Framework to Decode Bitcoin Economy in Bear Market Investment firm Ark Invest and blockchain security firm Glassnode have revealed a conceptual framework for understanding the Bitcoin (BTC) economy amid the ongoing bear market. On Thursday, Ark Invest unveiled the whitepaper, titled "Cointime Economics: A New Framework For Bitcoin On-chain Analysis," which aims to provide a toolkit for comprehending the economic realities of Bitcoin in a new way.The paper is co-auth...

Blog • 27 August 2023, Sunday, 08:30

Blockchain Bettors Favor Vivek Ramaswamy Over Ron DeSantis as Strong Trump Challenger Post-GOP Debate

Blockchain Bettors Favor Vivek Ramaswamy Over Ron DeSantis as Strong Trump Challenger Post-GOP Debate During Wednesday's first debate for the 2024 U.S. Republican presidential nomination, candidates aimed to shift attention away from non-participating former President Donald Trump. Nevertheless, much of the spotlight remained on political newcomer Vivek Ramaswamy.Former President Donald Trump and Florida Gov. Ron DeSantis have been prominent figures in the Republican presidential nomination ...

Blog • 27 August 2023, Sunday, 08:10

As Dogecoin and THORChain Price Collapse Continues Could Borroe Be Your Escape?

As Dogecoin and THORChain Price Collapse Continues Could Borroe Be Your Escape? Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.Borroe ($ROE) is defying market expectations as it has now overtaken Dogecoin (DOGE) and THORChain (RUNE) to earn the title of ‘the best cryptocurrency to buy in 2023’. Investors point to Borroe's ($ROE) unique real-world utility as the reason for its unexpected market domination. Will Borroe ($ROE) live up to the e...

Blog • 26 August 2023, Saturday, 20:20

XRP Price Prediction as XRP Becomes Top Performing Coin in the Market – Is the Sell-Off Over?

XRP Price Prediction as XRP Becomes Top Performing Coin in the Market – Is the Sell-Off Over? Ripple (XRP) has continued to rise, with a strong buying trend keeping it around the $0.5235 level. This surge can be attributed to several factors, including the overall bullish trend in the cryptocurrency market. Positive news, such as the partnership between Ripple and the Moroccan central bank for CBDC development, has also boosted XRP's upward momentum. This momentum has pushed XRP to more than...

Blog • 26 August 2023, Saturday, 16:10

Judge Cites Ripple Case in Rejecting CEL's Security Classification in Bankruptcy Proceedings

Judge Cites Ripple Case in Rejecting CEL's Security Classification in Bankruptcy Proceedings A bankruptcy judge has refused to determine whether CEL, the native token of Celsius, should be classified as a security, citing the ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC). Otis Davis, one major CEL token order, had previously asked the judge to "recognize the legal precedent that has been set in the Ripple/XRP case" in order to establish a separ...

Blog • 26 August 2023, Saturday, 11:10

5 Reasons TUK Token Will Explode in Q4 2023

5 Reasons TUK Token Will Explode in Q4 2023 Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.After five years in development, eTukTuk is entering the market with the launch of its native crypto TUK. The project’s broad, yet robust vision for the EV (electric vehicles) sector in developing economies gives it high market relevance when compared to other altcoins. Here are five reasons TUK will explode in Q4 2023. Green tokens have high growth poten...

Blog • 26 August 2023, Saturday, 10:00

Ethereum Staking Flourishes While Value of DeFi Assets Shrinks – What's Going On?

Ethereum Staking Flourishes While Value of DeFi Assets Shrinks – What's Going On? Ethereum (ETH) staking has been flourishing through protocols like Lido and Coinbase's staking service even as the value of DeFi assets continues to decline.Over the past year, the crypto sector has experienced a series of setbacks, including failures of centralized crypto exchanges and services, which has also led to capital outflows from the DeFi space.According to data from DefiLlama, the total value lo...

Blog • 26 August 2023, Saturday, 09:10

Bitcoin Price Prediction as $10 Billion Sends BTC Up 1% – Are Whales Buying?

Bitcoin Price Prediction as $10 Billion Sends BTC Up 1% – Are Whales Buying? As Bitcoin sees a 1% surge, speculations arise regarding the potential involvement of whales, given a massive $10 billion injection into BTC. This uptick in investment interest is set against an intriguing financial backdrop. Jerome Powell recently intimated that to curb inflation effectively, the US might have to resort to further rate hikes. Adding to the mix, Robinhood's purported association with a recent purcha...

Blog • 26 August 2023, Saturday, 08:10

Dogecoin and Litecoin Battle for Attention, But Borroe’s Presale is the Real Star

Dogecoin and Litecoin Battle for Attention, But Borroe’s Presale is the Real Star Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.Dogecoin (DOGE) investors are active in 2023, and some are still waiting on Elon Musk to include the crypto on X.In other news, Litecoin (LTC) went bearish after its halving event despite expert bullish predictions. Borroe ($ROE) is the best crypto investment in 2023. Borroe raised $250,000 in its presale beta stage, ...

Blog • 26 August 2023, Saturday, 08:00

Binance Discontinues Peer-to-Peer Service with Sanctioned Russian Banks – Here's the Latest

Binance Discontinues Peer-to-Peer Service with Sanctioned Russian Banks – Here's the Latest Binance has ended its relationship with five Russian banks under sanctions on the exchange's peer-to-peer service for ruble fund transfers.Binance received criticism from The Wall Street Journal (WSJ) on August 22 for offering sanctioned Russian banks like Tinkoff and Rosbank as transfer options.This raised concerns about potential sanctions violations, as Binance seemed to endorse these banks as...

Blog • 26 August 2023, Saturday, 07:40

Dubai Crypto Exchange BitOasis Secures Investment from Jump Capital and Wamda – Here's the Latest

Dubai Crypto Exchange BitOasis Secures Investment from Jump Capital and Wamda – Here's the Latest Dubai-based cryptocurrency exchange BitOasis has secured a round of funding from a group of investors, including Indian digital-asset platform CoinDCX. According to a Friday report from Bloomberg, the specific terms of the deal and the valuation of the exchange have not been disclosed.The report revealed that the recent funding round saw participation from existing investors Wamda Capital and J...

Blog • 26 August 2023, Saturday, 06:10

Real-World Challenges Pose Threats to Bitcoin's Next Bull Run – Here's What You Need to Know

Real-World Challenges Pose Threats to Bitcoin's Next Bull Run – Here's What You Need to Know Bitcoin (BTC) faces a myriad of real-world obstacles on its journey to the next bull run.As the world's largest cryptocurrency struggles to regain the heights it reached in 2021, experts argue that Bitcoin needs to address several challenges before expecting a major rally. One immediate hurdle for Bitcoin is its macroeconomic predicament. In a rising interest rate environment, investors ten...

Blog • 25 August 2023, Friday, 23:20

Sam Bankman-Fried's Legal Team Raises Concerns Over Trial Preparations

Sam Bankman-Fried's Legal Team Raises Concerns Over Trial Preparations Sam Bankman-Fried's attorneys have raised concerns regarding the measures taken by authorities for their client's upcoming criminal trial in October. In an August 25 submission to the United States District Court for the Southern District of New York, the legal representatives argued that the measures proposed by the prosecutors were not adequate for the FTX founder to fully prepare for his trial.Behind the Scene...

Blog • 25 August 2023, Friday, 23:10

Best Crypto to Buy Now August 25 – Rollbit Coin, Unus Sed Leo, Livepeer

Best Crypto to Buy Now August 25 – Rollbit Coin, Unus Sed Leo, Livepeer Speaking at the Kansas City Fed's annual Jackson Hole economic policy symposium on Friday, Federal Reserve Chair Jerome Powell signaled the central bank is willing to continue aggressive interest rate hikes to curb high inflation.Powell put emphasis on the urgency of not letting up on bringing down inflation, currently at its highest in 40 years, while ensuring that rates remain low until inflation consistently reverts t...

Blog • 25 August 2023, Friday, 22:40

Bitcoin Price Prediction as Crypto Billionaire Arthur Hayes Says BTC Will Benefit From Fed's 'Fiat Toilet Paper' Printing – Time to Buy?

Bitcoin Price Prediction as Crypto Billionaire Arthur Hayes Says BTC Will Benefit From Fed's 'Fiat Toilet Paper' Printing – Time to Buy? BitMEX co-founder, Arthur Hayes, projects an optimistic outlook for Bitcoin, especially in light of the Federal Reserve's current monetary policies. He critiques the Fed's efforts to control inflation, emphasizing that assets like Bitcoin, which possess a finite supply, are set to prosper. Hayes's recent blog post delves into the Fede...

Blog • 25 August 2023, Friday, 22:20

Bitcoin Mining Difficulty Hits New All-Time High of 55.64 Trillion Hashes – Why This is Bullish for the BTC Price

Bitcoin Mining Difficulty Hits New All-Time High of 55.64 Trillion Hashes – Why This is Bullish for the BTC Price The Bitcoin mining difficulty, a measure of how difficult it is to mine a block, just hit a new all-time high at 55.62 trillion hashes, as per CoinWarz.The Bitcoin mining difficulty is automatically adjusted by the protocol once every two weeks, or once 2,016 blocks have been mined, with these block intervals referred to as epochs.The Bitcoin network aims for it to take 10 minutes to...

Blog • 25 August 2023, Friday, 21:20

US Treasury Department Proposes New Reporting Requirements for Digital Asset Brokers – An Attempt to “Kill” Crypto Adoption?

US Treasury Department Proposes New Reporting Requirements for Digital Asset Brokers – An Attempt to “Kill” Crypto Adoption? The US Department of the Treasury and Internal Revenue Service (IRS) on Friday released new proposed regulations that would require the brokers of digital assets to report certain sales and exchanges in an effort to crack down on tax cheats, as well as to assist law-abiding taxpayers know how much they owe.As per an announcement made on the Treasury Department’s website, “...

Blog • 25 August 2023, Friday, 19:40

HashKey To Offer BTC and Ether Retail Services In Hong Kong As The Battle For Asian Market Intensifies

HashKey To Offer BTC and Ether Retail Services In Hong Kong As The Battle For Asian Market Intensifies Asian digital asset exchange HaskKey will now offer Bitcoin (BTC) and Ethereum (ETH) crypto trading to its retail clientele in Hong Kong.The exchange obtained a regulatory clearance to offer virtual asset trading services in the jurisdiction becoming the first exchange to have its previous two licenses upgraded by the country’s Securities and Future Commission (SFC).According to reports from lo...

Blog • 25 August 2023, Friday, 19:10

Exodus Records Solid Q2 with $12.4 Million Revenue – Crypto Wallets Making a Comeback?

Exodus Records Solid Q2 with $12.4 Million Revenue – Crypto Wallets Making a Comeback? Crypto wallet company Exodus recorded a revenue of $12.4 million in the second quarter, experiencing a 4% decline compared to the previous year, the company announced on Tuesday.Despite the revenue dip, Exodus achieved a net income of $1.9 million, a significant outcome that was influenced by cost reductions of 6% year-over-year.Exodus attributed a significant portion of its total revenue to its exchange aggre...

Blog • 25 August 2023, Friday, 18:10

Polygon Network Embraces Colombian Peso Stablecoin nCOP – Crypto Adoption on the Rise?

Polygon Network Embraces Colombian Peso Stablecoin nCOP – Crypto Adoption on the Rise? A stablecoin pegged to the Colombian peso (COP) has gone live on the Polygon network, stablecoin issuer Num Finance announced on Thursday.The new stablecoin, called nCOP, is a traditional fiat-backed stablecoin, and was described by Num Finance in a post on X as “overcollateralized” in a way that “guarantees rock-solid stability and security.”The stablecoin issuer called the launch a “remarkable milestone on o...

Blog • 25 August 2023, Friday, 18:00

Bitfinex Crypto Exchange Collaborates with Turkey's Second-Largest Bank to Offer Free Turkish Lira Deposits

Bitfinex Crypto Exchange Collaborates with Turkey's Second-Largest Bank to Offer Free Turkish Lira Deposits Crypto trading platform Bitfinex has unveiled a feature that allows its Turkish customers to directly deposit Turkish Lira into their accounts without incurring any charges.The move is part of a collaborative effort with Vakıfbank, the nation’s second-largest bank. This initiative both strengthens Bitfinex's foothold in the Turkish market but also facilitates smoother access to th...

Blog • 25 August 2023, Friday, 17:50

Today in Crypto: HashKey to Start Offering Crypto Trading to Retail Clients in Hong Kong, ARK Invest & 21Shares Apply for Futures ETFs, Prime Trust Lost $8 million of Client & Treasury Funds in a TerraUSD Investment

Today in Crypto: HashKey to Start Offering Crypto Trading to Retail Clients in Hong Kong, ARK Invest & 21Shares Apply for Futures ETFs, Prime Trust Lost $8 million of Client & Treasury Funds in a TerraUSD Investment 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 newsAsian crypto exchange HashKey Exchange is set to start offering crypto trading services to retail clients in Ho...

Blog • 25 August 2023, Friday, 17:40

Today in Crypto: HashKey to Start Offering Crypto Trading to Retail Clients in Hong Kong, ARK Invest & 21Shares Apply for Futures ETFs, Prime Trust Lost $8 million of Client & Treasury Funds in a TerraUSD Investment

Today in Crypto: HashKey to Start Offering Crypto Trading to Retail Clients in Hong Kong, ARK Invest & 21Shares Apply for Futures ETFs, Prime Trust Lost $8 million of Client & Treasury Funds in a TerraUSD Investment 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 newsAsian crypto exchange HashKey Exchange is set to start offering crypto trading services to retail clients in Ho...

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