Myriad Proof-of-Work Blockchains See Significant Hashrate Losses

When there is been a lot of concentration on bitcoin mining crackdowns in China and Bitcoin’s current hashrate decline on Monday, lots of other digital assets have observed hashrates fall considerably as... Read more »

Report: South Africa Bars Transfer of Locally Acquired Cryptocurrencies to Overseas Exchanges, Offenders Face Jail Time

Refreshing studies from South Africa propose that the transfer of domestically acquired cryptocurrencies to abroad crypto exchanges will now be topic to the country’s exchange regulate regulations. Therefore, transactions wherever an individual... Read more »

Bitcoin Hashrate Drops 35% Intraday — Mining Difficulty to Drop by 23%

Bitcoin’s hashrate experienced a significant drop of virtually 35% in a solitary day. The hashrate plummeted from 108 exahash per 2nd (EH/s) yesterday to today’s 69 EH/s, viewing a single of the... Read more »

Crypto Industry Will Benefit From Tighter Regulation, Says Law Professor

The chairman of International Banking Regulation and Finance at the University of Edinburgh, professor Emilios Avgouleas, states that tighter crypto regulation will advantage the business in the very long run. He is... Read more »

Iran Counts 30 Crypto Mining Farms Licensed to Mint Digital Currencies

Iranian authorities have so far authorized 30 services for cryptocurrency mining. The crypto mining farms are unfold throughout a number of locations, like Tehran Province. The federal government has place out the... Read more »

Regulators in UK, Japan Issue Warnings on Binance Amid Crackdown on Unauthorized Crypto Exchanges

Top rated financial regulators in England and Japan have independently issued warnings on Binance for featuring crypto exchange providers to citizens of the two international locations without the need of remaining registered... Read more »

Bitcoin’s Hashrate Recoups Some Loss, 2021’s Largest Mining Difficulty Drop Expected Next Week

On Saturday, Bitcoin’s SHA256 hashrate managed to climb again over the 100 exahash per next region following it slid to a small of 91 EH/s 3 times ago. In the meantime, in... Read more »

Mayoral Front-Runner Vows to Make New York City the Bitcoin Center in One Year

The New York City mayoral candidate in the lead, Eric Adams, has promised that in a single year New York will be “the center of all engineering,” which includes “the center of... Read more »

After Years of ASIC Manufacturing Canaan Expands to Bitcoin Mining in Kazakhstan

Canaan Inc., the crypto mining rig manufacturer based in Beijing, has announced the company plans to mine cryptocurrencies in Kazakhstan. The company says that the firm’s next-generation Avalonminer mining rigs are already... Read more »

Portuguese Authorities Contemplate Launching an Investigation on Local Crypto Social Media Influencers

Portuguese authorities are reportedly planning to take action against social media influencers who provide advice on crypto-related investments. The plans are being discussed in the wake of an online petition signed by... Read more »