Indian Police Search for Bitconnect Founder After the US Indicted Him for Defrauding Crypto Investors

The Indian police have launched an investigation into Bitconnect and booked its founder after a bitcoin investor reported being defrauded by the global crypto “Ponzi scheme.” According to U.S. authorities, the scheme... Read more »

SBI lost 40% of hash rate after stopping mining in Russia: Data

Japanese financial giant SBI Holdings has partly terminated cryptocurrency mining in Russia due to geopolitical uncertainty and the crypto winter. SBI Holdings suspended mining operations in Russia’s crypto mining-rich region of Siberia,... Read more »

Aztec responds to claims FTX froze user funds for interacting with the protocol

CryptoSlate reported that FTX had frozen user accounts because they interacted with Aztec Network. Aztec has now responded to the claims by reiterating its core values and confirming that it “will not... Read more »

Korean Regulator Takes Action Against 16 Foreign Crypto Exchanges

The South Korean financial intelligence unit is taking action against 16 foreign cryptocurrency exchanges for operating illegally in the country. “For illegal business activities of unregistered entities, maximum of 5 years of... Read more »

3 reasons why Bitcoin’s drop to $21K and the market-wide sell-off could be worse than you think

On Friday, August 19, the total crypto market capitalization dropped by 9.1%, but more importantly, the all-important $1 trillion psychological support was tapped. The market’s latest venture below this just three weeks... Read more »

South African Banking Regulator: ‘De-risking’ Crypto Firms Potentially Creates ‘Opacity in Financial Conduct’

According to the latest guidance note issued by the South African banking sector regulator, Prudential Authority, risk assessment does not mean financial institutions should avoid or eliminate risks via the wholesale termination... Read more »

Crypto recruiting is a minefield – Cointelegraph Magazine

Hiring in the crypto world can be difficult. Web3 companies are often disorganized and lack HR departments. Developers sometimes want to remain anonymous — even to their potential employers. Some employees don’t... Read more »

A new kind of blockchain investment optimized to create passive income

Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Time-based investments and bonding financial tools have been around for many years in... Read more »

Bitcoin and Ethereum Hit as Crypto Market Endures Selloff

Share this article Several leading assets suffered double-digit losses as Bitcoin and Ethereum fell.  Bitcoin and Ethereum Correct  The cryptocurrency market’s recent rally appears to have halted.  BTC/USD (Source: CoinGecko) Bitcoin and... Read more »

Bitcoin’s Mining Difficulty Rises for the Second Time in a Row — It’s Now 0.63% Harder to Find a BTC Block

On August 18, 2022, Bitcoin’s mining difficulty increased again after the 1.74% rise two weeks ago on August 4. At block height 749,952 at 7:07 a.m. (EST) the network’s mining difficulty rose... Read more »