News and Articles by Diana

A hurricane that struck Montana on June 11 damaged a power plant in Hardin that powers 30,000 miners at Marathon Digital Holdings. According to the statement, this hardware accounts for more than 75% of the firm's active mining capacity. It is expected that devices will be able to resume operation...

BTC mining equipment and services provider Compass Mining has announced the resignations of CEO Whitt Gibbs and CFO Jody Fisher. “Compass Mining was founded to make mining easy and affordable. We acknowledge that there have been numerous setbacks and disappointments that have detracted from this...

The National Agency for Advanced Projects of Uzbekistan (NAPP) has developed a regulation on the legalization of bitcoin mining. However, in a document published late last week, it is noted that only those miners that use solar energy will be able to work freely. The obligation to use solar panels...

According to CoinShares, the withdraw of crypto funds amounted to almost $423 million during the last week. Moreover, the largest outflow of capital from products focused on digital currencies fell on the share of Canadian institutions. The digital asset management company has seen a lot of capital...

Many mining companies were forced to dump some of the previously mined bitcoins in the second quarter of 2022. Selling was aggressive in May and June amid the return of turbulence in the cryptosphere, according to a friday report from JPMorgan Chase. According to the forecasts of its analysts, in...

Mining companies in need of liquidity in the third quarter are able to continue to exert downward pressure on the quotes of the first cryptocurrency. JPMorgan strategist Nikolaos Panigirtzoglou came to this conclusion. According to the expert's calculations, the share of public mining companies...

Innovative features The TLChain architecture is designed to support a high volume of transactions, not only for the financial services sector, but for the gaming industry as well, and its proprietary asset management capabilities enable cross-chain interoperability of multiple assets. The system...

The Albanian authorities intend to introduce taxation on income from investments in cryptos from 2023. According to local media, the government has prepared appropriate changes to the legislation. At this stage, they are at the stage of public discussions. Under the proposed changes, virtual assets...

According to TV presenter Jim Cramer, in the coming months, bitcoin will be able to partially win back the June losses. However, we are unlikely to expect an aggressive and long-term growth of cryptocurrency. Most likely, after the rebound, trading will continue in a narrow range. Kramer himself...

On June 27, Coinbase will launch nano futures for the first cryptocurrency. For CFTC approval, the bitcoin exchange will provide instrument trading through brokers. Contracts with the ticker BIT will be launched by Coinbase Derivatives (formerly FairX). Futures with settlements in US dollars is...

The attacker took control of the DNS server of the Convex Finance DeFi protocol to prompt users to approve malicious smart contracts. The project team clarifies the possible damage. The developers emphasized that funds on verified contracts are not affected. However, at least five addresses...

Cryptocurrency derivatives platform CoinFLEX has suspended user withdrawals due to “extreme market conditions” and “counterparty uncertainty.” This was announced by the head of the company Mark Lamb. Lamb stressed that the said counterparty is not Three Arrows Capital (3AC) hedge fund or...

The Federal Reserve will recommend to Congress to expedite the Digital Dollar Launch Project (CBDC). As the head of the Federal Reserve Jerome Powell noted, the modernization of the financial infrastructure of the state requires certain decisions. However, this issue should not be a priority at...

Chainalysis decided to increase the effectiveness of the fight against hackers attacking crypto companies. To do this, it creates a special rapid response unit for relevant threats. The Chainalysis press center stressed that any company that has been attacked will be able to seek help 24/7, that...

MicroStrategy CEO Michael Saylor reiterated the benefits of Bitcoin. He has previously repeatedly praised the leading digital currency and reminded us that his software company is one of the largest public holders of BTC. MicroStrategy will not sell Bitcoin even if the price falls below $10,000. In...

It will be possible to buy and sell bitcoin on the American Binance.US platform without commissions. The administration cancels fees from BTC transactions carried out in tandem with the three leading stablecoins. As Binance.US CEO Brian Schroder noted, the new transaction processing procedure began...

In mid-June, the founder of the BitMEX exchange, Arthur Hayes, did not rule out a stronger pullback for Bitcoin and Ethereum. In his opinion, if the leading digital currencies fall below the psychological levels of $20,000 and $1,000, then sales may become aggressive. This is exactly what we saw...

The return of turbulence to the crypto market and the fall in the value of bitcoin caused a surge of interest on the Internet in the leading digital currency. According to the Google Trends service, last week the number of search queries for bitcoin reached the highest level since May last year....