Uzbekistan Moves to Block Foreign Cryptocurrency Exchanges

Authorities in Uzbekistan are restricting access to online crypto trading platforms based outside the country and not registered under its laws. A presidential decree obliges citizens and local companies to only use... Read more »

Slaying the Dragonchain: A Tale of Fear and Mania

Key Takeaways Once one of crypto’s most hyped projects, ICO-era startup Dragonchain and its founder were charged today by the SEC for the sale of $16.5 million in unregistered securities. The charges... Read more »

Pushing Bitcoin to become more scalable with zero-knowledge proofs

For all the good that Bitcoin brings to the table, it also possesses a commonly accepted issue in scalability. Bitcoin can only process a limited number of transactions per block and, as... Read more »

Bitcoin Lightning Network at regulatory risk after Tornado Cash saga

Policy Advisor Patrick Hansen posted his thoughts on the regulatory risk now facing the Bitcoin Lightning Network following sanctions against crypto mixer Tornado Cash. U.S. authorities added Tornado Cash to the Office... Read more »

Bit Mining Secures $9.3 Million Registered Direct Offering From Institutional Investors

Bit Mining Limited has announced that it has entered a $9.3 million registered direct offering with specific institutional investors. Bit Mining explained that it aims to use the funds from the offering... Read more »

NY judge allows Celsius to mine, sell Bitcoin

Not even 24 hours after revealing a three-month cash flow forecast that threatens total exhaustion of funds, a New York judge allowed crypto lender Celsius Network to mine and sell Bitcoin (BTC)... Read more »

Dogecoin Surges as Ethereum-Compatible Dogechain Gains Pace

Share this article Dogechain is an Ethereum-compatible smart contract network built using Polygon Edge.  Dogechain Gains Momentum  Crypto’s original dog coin is back in vogue.  According to CoinGecko data, Dogecoin’s DOGE token... Read more »

Colombia Plans to Launch Digital Currency to Reduce Tax Evasion

The government of Colombia revealed it has plans to launch a digital currency. One of the purposes of this new currency would be to curb tax evasion and enhance the traceability of... Read more »

Kraken CEO hopes to buy a Bugatti for 1 Bitcoin by year-end

San Francisco-based exchange company Kraken‘s CEO Jesse Powell recently told Bloomberg that he was still bullish on Bitcoin and hoped to buy one Bugatti for one Bitcoin by the end of 2022. Powell... Read more »

Bitcoin traders anticipate new yearly lows after BTC’s $25K rejection — Data disagrees

Bitcoin (BTC) showed weakness on Aug. 15, posting a 5% loss after testing the $25,000 resistance. The move liquidated over $150 million worth of leverage long positions and has led some traders... Read more »