Report: Hong Kong Residents Lost More Than $216 Million to Crypto Scams in 2022

According to Hong Kong police, in 2022 there were 2,336 reported crypto scam-related cases in which more than $216.6 million was lost. Although losses relating to crypto scams only constituted just over... Read more »

5 countries leading the blockchain adoption

Countries lead blockchain adoption for various reasons, including recognizing its potential to transform multiple sectors of the economy, promoting innovation and economic growth, and creating a favorable regulatory environment to attract blockchain... Read more »

Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty

Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate... Read more »

Biden to propose changing crypto tax rules: WSJ

Ad U.S. President Joe Biden will propose changes to crypto taxation in an upcoming budget plan, according to a report from the Wall Street Journal on March 8. Biden’s budget plan will... Read more »

AirBit Club execs face decades in prison after pleading guilty to $100M fraud

Six people involved in a cryptocurrency “Ponzi scheme” that raked in about $100 million over five years have pled guilty to a series of fraud and money laundering charges, each carrying a... Read more »

Russian Crypto Industry Association Asks Putin to Help With Regulations

The organization representing Russia’s crypto and blockchain sector has urged Vladimir Putin to spur regulatory efforts. The association fears the Russian Federation may lag behind other nations if it maintains its conservative... Read more »

Sustainable sources mined over 90% of BTC during January, February

Ad Miners that use sustainable energy sources accounted for 91.3% of Bitcoin (BTC) mining during the first two months of the year, according to data shared by Climate Tech Vice President Daniel... Read more »

Bitcoin bulls’ desire for a trend reversal could be obliterated by this week’s $565M options expiry

Bitcoin’s price (BTC) fell below a four-day narrow trading range near $22,400 on March 7 following comments by U.S. Federal Reserve Chair Jerome Powell as he sat before a Senate banking committee.... Read more »

Compass Mining Alerts Bitcoin Miners of Changes in Bitmain’s ASIC Design

Compass Mining, a bitcoin mining firm, published a blog post stating that Bitmain, the company behind the application-specific integrated circuit (ASIC) mining rig, has made changes to its design. The post advised... Read more »

Cathie Wood’s ARK ignores Silvergate, buys Coinbase stock for 6th straight month

Bitcoin (BTC) exchange Coinbase has remained a firm “buy” for ARK Invest throughout its recent price drop. The latest data shows ARK continuing to buy COIN shares despite bankruptcy concerns over Silvergate... Read more »