Bitcoin’s Hashrate Surges Reaching a Lifetime High, Difficulty Expected to Jump Next Week

Bitcoin’s hashrate tapped a lifetime high this weekend reaching 271.19 exahash per second (EH/s) on Saturday, April 23 at block height 733,197. Currently, the computational power is coasting along at 233.81 EH/s... Read more »

US Lawmakers Call for More Oversight of Cryptocurrency’s Environmental Impacts

Twenty-three U.S. lawmakers have called on the U.S. Environmental Protection Agency (EPA) to increase oversight of cryptocurrency’s environmental impacts. “We request that the EPA evaluate ‘Proof-of-Work’ mining facilities’ compliance with environmental statutes,”... Read more »

Report: Compass to Sell $30 Million in Crypto Mining Equipment Located in Russia

The U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to sell the mining rigs follows the U.S. government sanctioning... Read more »

US Treasury’s OFAC Adds 3 ETH Addresses Linked to North Korean Cybercrime Group to SDN List

The Office of Foreign Asset Control (OFAC) has added three ethereum addresses to its Specially Designated Nationals And Blocked Persons List (SDN). OFAC alleges the ether addresses are controlled by the Lazarus... Read more »

IMF: India Is on the Frontline of Digital Currencies — Especially How It Handles Crypto Risks

International Monetary Fund (IMF) Managing Director Kristalina Georgieva says India is “a country that is on the frontline of digital currencies,” especially “how it handles a reduction of risk from crypto assets... Read more »

Belarus Adopts Legal Procedure for Seizure of Illicit Cryptocurrency

Implementing a recently signed presidential decree, the government of Belarus has introduced a procedure allowing the state to seize digital currency holdings. The move will grant law enforcement authorities in Minsk powers... Read more »

Crypto Businesses Ask 27 EU Finance Ministers to Loosen Disclosure Requirements

Forty-six European crypto businesses and organizations have asked finance ministers in 27 European countries to loosen some regulatory requirements for the crypto industry. For example, they asked for decentralized finance (defi) projects... Read more »

Gas-to-Bitcoin Mining Firm Crusoe Energy Systems Raises $505 Million

On Thursday, the bitcoin mining and flare gas mitigation firm Crusoe Energy Systems Inc. revealed it secured $505 million in new capital from strategic investors. According to the announcement, the Series C... Read more »

National Bank of Ukraine Temporarily Bans Cross-Border Crypto Purchases With Hryvnia

The central bank of Ukraine has introduced additional restrictions on international transactions that will prevent Ukrainians from buying crypto assets abroad with the national fiat. The measures are intended to reduce capital... Read more »

IMF Official: Regulating Crypto Assets Is High on the Agenda for India

A director at the International Monetary Fund (IMF) says that crypto regulation is “certainly high on the agenda” for India. “We are trying to come up with global standards for #crypto asset... Read more »