Mining Blog & Mining News

Blog • 21 July 2023, Friday, 10:05

FTX Launches Lawsuit Against Ex-Executives, Including Sam Bankman-Fried, to Reclaim $1 Billion

FTX Launches Lawsuit Against Ex-Executives, Including Sam Bankman-Fried, to Reclaim $1 Billion Now-defunct cryptocurrency exchange FTX has filed a complaint against former CEO Sam Bankman-Fried and other key executives to retrieve more than $1 billion in allegedly misappropriated funds. The lawsuit, filed by FTX under the direction of an executive team led by restructuring expert John Ray, named former Alameda Research CEO Caroline Ellison, FTX co-founder Gary Wang, former FTX engineering direct...

Blog • 21 July 2023, Friday, 09:55

DOGE 2.0 Rockets Up 30,000% But Crypto Whales Are Accumulating This Other Token Before it Lists on Exchanges – 100x Potential?

DOGE 2.0 Rockets Up 30,000% But Crypto Whales Are Accumulating This Other Token Before it Lists on Exchanges – 100x Potential? So far 2023 has been a year characterised by explosive meme coin runs, perhaps none more successful than the incredible Pepecoin ($PEPE) pump which ignited Spring's ecstatic meme season.But the alt coin pumps haven't stopped there, as the eye-watering gains have continued to flow from straight to DEX tokens in months since.And in the latest sensation, Dogecoin ($...

Blog • 21 July 2023, Friday, 09:25

XRP Price Prediction as XRP Drops 5% in 24 Hours – Is the Rally Over?

XRP Price Prediction as XRP Drops 5% in 24 Hours – Is the Rally Over? The XRP price has fallen by 5% in the past 24 hours, with the coin's slide to $0.776800 coming as the cryptocurrency market drops by 1%.Coming a week after Ripple's positive decision in its case with the SEC, XRP's move today means it's up by only 0.5% in the last week, although it remains 67% up in the last 14 days and up by 125% since the beginning of the year.And while today's slip means that XRP's p...

Blog • 21 July 2023, Friday, 09:15

BNB Drops in Value Despite Innovation on The Beacon Chain, LINK and SPCT Surge in Value

BNB Drops in Value Despite Innovation on The Beacon Chain, LINK and SPCT Surge in Value Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.Investor sentiment and innovations are factors that determine the price of cryptocurrencies. However, Binance Coin’s (BNB) value dropped after significant improvements on the Beacon Chain. On the other hand, positive investor sentiment in Chainlink (LINK) and VC Spectra (SPCT) has seen their prices surge. Let’s ...

Blog • 21 July 2023, Friday, 08:25

XRP2.0 Price Pumps 31,000%, New Pepe Token BEBE Climbs 36,000% But South Park Coin Burn Kenny is Up $250,000 in Under an Hour and Evil Pepe is Next 1,000x Token

XRP2.0 Price Pumps 31,000%, New Pepe Token BEBE Climbs 36,000% But South Park Coin Burn Kenny is Up $250,000 in Under an Hour and Evil Pepe is Next 1,000x Token New cryptocurrency $XRP2.0 is up 31,000%, and the latest take on the Pepe craze – $BEBE coin – climbs 36,000%, but Burn Kenny Coin and Evil Pepe Coin could provide the next best opportunities for stellar returns.Launched yesterday, XRP2.0 leverages the positive price pressure XRP has garnered in the light of the recent ruling by the judg...

Blog • 21 July 2023, Friday, 08:15

Bitcoin Price and Ethereum Prediction; BTC and ETH Slip Nearly 5%: Potential Weekend Bounce?

Bitcoin Price and Ethereum Prediction; BTC and ETH Slip Nearly 5%: Potential Weekend Bounce? Bitcoin and Ethereum, two of the most prominent cryptocurrencies, have experienced a significant slip, with BTC currently trading at $29,780 and ETH at $1,889. As investors closely monitor these developments, delving into the technical outlook becomes essential to determine the potential price action in the coming days. This Bitcoin and Ethereum price prediction aims to analyze the recent price movements...

Blog • 21 July 2023, Friday, 06:15

Over 70% of Spanish Crypto Traders Declared Losses in FY2022 – Report

Over 70% of Spanish Crypto Traders Declared Losses in FY2022 – Report Over 70% of Spanish crypto traders declared losses in the financial year 2022, a new report has found.Per the media outlet Europa Press, the claims were made by TaxCripto, an accountancy firm that specializes in preparing tax returns for crypto holders.The declared losses were significantly higher in the case of those investing in crypto derivatives and futures: 91% of this group posted losses.Crypto tax declarations have beco...

Blog • 21 July 2023, Friday, 01:25

Chinese Telecoms Firms Growing Increasingly Keen on Digital Yuan

Chinese Telecoms Firms Growing Increasingly Keen on Digital Yuan Chinese telecom operators are growing increasingly keen on digital yuan adoption, a report has claimed, as the CBDC finds new adoption strongholds.Per EY (via Sohu), the central People’s Bank of China (PBoC) is keen to bring the nation’s biggest operators (the likes of China Telecom and China Unicom) deeper into the pilot.The PBoC reportedly believes telecoms firms can help boost adoption.Earlier this month, the central bank unveil...

Blog • 21 July 2023, Friday, 01:15

1.3m+ Crypto Phishing Attacks Foiled in Russia So Far This Year – Kaspersky

1.3m+ Crypto Phishing Attacks Foiled in Russia So Far This Year – Kaspersky More than 1.3 million crypto-related phishing attacks were stopped in Russia in the first six months of this year, a new report has claimed.Per Plus World, the cybersecurity provider Kaspersky Lab claimed its solutions thwarted the attacks, which the firm thinks are a direct response to a rise in crypto’s popularity in Russia.Since the outbreak of war with Ukraine and the ensuing sanctions packages, there has been a shar...

Blog • 20 July 2023, Thursday, 23:55

Rocket Pool Price Prediction as RPL Breaks Below This Key Support Level – Here’s Why RPL Could Continue Struggling

Rocket Pool Price Prediction as RPL Breaks Below This Key Support Level – Here’s Why RPL Could Continue Struggling RPL, the utility token that powers the decentralized Rocket Pool Ethereum liquid staking protocol, has been taking a beating on Thursday.The token, which is used for staking alongside ETH within the Rocket Pool protocol to incentivize honest node operation, as well as for protocol governance, was last down around 7.5% in the last 24 hours, as per CoinGecko.That makes RPL the worst p...

Blog • 20 July 2023, Thursday, 22:20

BTC20 Emerges as Eco-Friendly Alternative Amidst 1Inch Network's Price Drop

BTC20 Emerges as Eco-Friendly Alternative Amidst 1Inch Network's Price Drop After staging a rally that saw 1INCH reach a multi-month high of $0.5935 on July 17, it is now experiencing a drastic pullback to the current level of $0.3274, representing a 44.84% decrease from its recent peak. What's next for 1INCH and can it reestablish its bullish momentum?1INCH Price Prediction and Technical AnalysisAt $0.3274, the current price of 1INCH is lower than its 20, 50, and 100-day EMAs which are...

Blog • 20 July 2023, Thursday, 21:20

Will the Bitcoin Price Hit $50k in 2023? BTC20 Presale Pumps Past $450,000

Will the Bitcoin Price Hit $50k in 2023? BTC20 Presale Pumps Past $450,000 The anticipation surrounding the Bitcoin price in 2023 continues to grow as BTC20, a highly-anticipated presale event, experiences a surge, surpassing the remarkable milestone of $450,000. Speculations are mounting among investors and enthusiasts alike, wondering if this upward momentum will propel Bitcoin to reach the coveted $50,000 mark.Traders and analysts closely monitor the evolving landscape to determine the likeli...

Blog • 20 July 2023, Thursday, 19:10

RFK Jr. Pledges Support for Bitcoin-Backed Dollar and Tax Exemption for BTC

RFK Jr. Pledges Support for Bitcoin-Backed Dollar and Tax Exemption for BTC US Democratic presidential candidate Robert F. Kennedy Jr. has said he is in favor of a tax exemption on Bitcoin (BTC), while also unveiling a plan to partly back the US dollar with “real, finite assets” like Bitcoin.“Like Singapore, Germany, Switzerland, Puerto Rico and Portugal, a Kennedy administration will exempt the conversion of Bitcoin to the US dollar from capital gains taxes,” Kennedy said.He explained that alth...

Blog • 20 July 2023, Thursday, 18:40

21 Arrested in China for $54M USDT Money Laundering Investigation

21 Arrested in China for $54M USDT Money Laundering Investigation Authorities in China's Shanxi Province have arrested 21 individuals allegedly involved in a major Tether (USDT) money laundering scheme. The scheme, estimated to have generated over $54 million, utilized the US dollar-backed stablecoin USDT to launder money, the country’s national broadcasting service CCTV reported on Tuesday.According to police investigators, the suspects operated across four provinces and had been engaging i...

Blog • 20 July 2023, Thursday, 18:30

Arkham Top Trending Cryptocurrency on DEXTools - Does Launchpad XYZ Platform Have More Upside Potential Than ARKM

Arkham Top Trending Cryptocurrency on DEXTools - Does Launchpad XYZ Platform Have More Upside Potential Than ARKM When Arkham Intelligence's $ARKM made its debut on July 18 with a price of $0.75, it received a warm welcome and immediately achieved a high of $1.05004.Although the coin had a promising start, it has since struggled to maintain its bullish momentum as it currently trades at $0.5962, down by 7.5% so far today.ARKM Price Prediction and Technical AnalysisThe hourly Exponential Movi...

Blog • 20 July 2023, Thursday, 18:20

Crypto Firm RISC Zero Secures $40M Funding Round Led by Blockchain Capital

Crypto Firm RISC Zero Secures $40M Funding Round Led by Blockchain Capital RISC Zero, a startup that builds zero-knowledge (ZK) proof software, has raised $40 million in a Series A funding round led by the major crypto-focused investor Blockchain Capital.In its announcement of the closing of the funding round, RISC Zero said the fresh capital will be used to bring its Bonsai computing platform to the market.Bonsai is a platform that allows developers to focus on coding their application, while t...

Blog • 20 July 2023, Thursday, 18:10

New AI Utility Coin yPredict Breaks $3 Million Fundraising Milestone - Here's How it Works

New AI Utility Coin yPredict Breaks $3 Million Fundraising Milestone - Here's How it Works yPredict, a prominent web3 AI platform, has reached an impressive milestone in its crypto token presale. To date, it has successfully generated over $3 million in the seventh phase of its presale of the native $YPRED token. The AI coin marks the latest advancement in the intersection of artificial intelligence and digital currency.Visit yPredict HereAn AI Coin with an Extensive OfferingThe unique offe...

Blog • 20 July 2023, Thursday, 17:50

Fed Launches New Instant Payment FedNow Service – Does This Undermine Crypto’s Use Case?

Fed Launches New Instant Payment FedNow Service – Does This Undermine Crypto’s Use Case? The US Federal Reserve announced on Thursday that its long-awaited FedNow Service has gone live.According to a post on the Fed’s website, "banks and credit unions of all sizes can sign up and use this tool to instantly transfer money for their customers, any time of the day, on any day of the year”.As per the Fed’s announcement, the FedNow service kicks off with 35 users already.These include what the Fed re...

Blog • 20 July 2023, Thursday, 17:20

Burn Kenny Coin Presale Explodes At Launch, Raising $150K in 15 Minutes – Here’s Why $KENNY Can 100x

Burn Kenny Coin Presale Explodes At Launch, Raising $150K in 15 Minutes – Here’s Why $KENNY Can 100x One of the meme coin world’s most exciting project Burn Kenny Coin just launched its highly-anticipated presale and is already delivering on the hype in a big way.Within 15 minutes of the presale’s launch, meme coin degens had already snapped up a whopping more than $150,000 in $KENNY tokens.Burn Kenny Coin is a new meme coin based on the running South Park gag of character Kenny’s multiple untim...

Blog • 20 July 2023, Thursday, 17:10

Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App

Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Regulation newsThe United Kingdom government rejected a proposal made by the UK Treasury saying that it "firmly disagrees with the Com...

Blog • 20 July 2023, Thursday, 17:00

Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App

Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Regulation newsThe United Kingdom government rejected a proposal made by the UK Treasury saying that it "firmly disagrees with the Com...

Blog • 20 July 2023, Thursday, 16:50

Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App

Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Regulation newsThe United Kingdom government rejected a proposal made by the UK Treasury saying that it "firmly disagrees with the Com...

Blog • 20 July 2023, Thursday, 16:40

Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App

Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Regulation newsThe United Kingdom government rejected a proposal made by the UK Treasury saying that it "firmly disagrees with the Com...

Blog • 20 July 2023, Thursday, 16:30

Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App

Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Regulation newsThe United Kingdom government rejected a proposal made by the UK Treasury saying that it "firmly disagrees with the Com...

Blog • 20 July 2023, Thursday, 16:10

Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App

Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Regulation newsThe United Kingdom government rejected a proposal made by the UK Treasury saying that it "firmly disagrees with the Com...

Blog • 20 July 2023, Thursday, 16:00

Kenny Coin, Inspired by South Park, Gears Up for Presale with Potential for 100x Growth

Kenny Coin, Inspired by South Park, Gears Up for Presale with Potential for 100x Growth Meme coin degens strap on your seatbelts -– the next meme coin to explode Burn Kenny Coin ($KENNY), is about to launch its highly anticipated presale.Burn Kenny Coin is a new meme coin based on the running South Park gag of character Kenny’s multiple untimely deaths ("OH MY GOD, THEY KILLED KENNY!").And the meme coin community is pumped for the token’s presale in the wake of the recent success of a similar So...

Blog • 20 July 2023, Thursday, 15:50

Chainlink Price Prediction as LINK Surges 20% to Three-Month High – Are Whales Accumulating?

Chainlink Price Prediction as LINK Surges 20% to Three-Month High – Are Whales Accumulating? The altcoin rally is heating up, with blockchaincenter.com’s Altcoin Season Index hitting a new four-month high at 31, and Chainlink (LINK) is leading the charge on Thursday.LINK surged 20% on Thursday to hit fresh three-month highs to the north of the $8 per token level, at one point even coming close to hitting $8.50.That means LINK is now trading convincingly to the north of all of its major moving av...

Blog • 20 July 2023, Thursday, 15:40

Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App

Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Regulation newsThe United Kingdom government rejected a proposal made by the UK Treasury saying that it "firmly disagrees with the Com...

Blog • 20 July 2023, Thursday, 15:30

Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App

Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Regulation newsThe United Kingdom government rejected a proposal made by the UK Treasury saying that it "firmly disagrees with the Com...

Blog • 20 July 2023, Thursday, 15:20

Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App

Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._Regulation newsThe United Kingdom government rejected a proposal made by the UK Treasury saying that it "firmly disagrees with the Com...

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