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Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement between the two bankrupt firms. Celsius owes Core Scientific approximately $7.8 million for energy and […]
The New York State Department of Financial Services, or NYDFS, has reached an agreement with Coinbase following an investigation into the cryptocurrency exchange’s compliance program. In a Jan. 4 announcement, the NYDFS said Coinbase will […]
Bitcoin (BTC) continued to work on cracking the $17,000 mark on Jan. 4 as an “extremely tight” trading zone held firm. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $17,000 “possible” thanks to CPI print Data […]
The current Bitcoin bear market will likely end this year, according to mining data company Hashrate Index. Other industry insiders, however, aren’t so sure. The company’s optimistic outlook is welcome news, given the sluggish cryptocurrency market, which […]
The World Economic Forum (WEF) has reviewed what happened in 2022 in crypto, making several predictions about the future of the ecosystem. Dante Disparte, CSO of Circle, in an article published for the WEF, states […]
Source: Adobe Stock Italy’s parliament has approved a proposal for a 26% tax on crypto gains above 2,000 euros ($2,110). In addition to bringing a hefty tax on crypto gains, the new law also introduces […]
Join Our Telegram channel to stay up to date on breaking news coverage In a report, technology platform Digiconomist has said that throughout 2022, Bitcoin mining in the whole world consumed energy totaling 161 Terra […]
A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained the agency was obliged to do that by courts in […]
A Moroccan draft crypto law, which seeks to protect individuals from the risks associated with crypto trading, is ready and will soon be presented to stakeholders, Abdellatif Jouahiri, the governor of Bank Al-Maghrib (BAM), has […]
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