Under this new mining law, only Russian legal entities and individual entrepreneurs who are registered can mine cryptocurrencies. Russian President Vladimir Putin has signed legislation authorizing cryptocurrency mining in Russia.…
On August 7, 2024, U.S. District Judge Peter Castel made a historic ruling by approving a $12.7 billion settlement for creditors of the collapsed crypto exchange FTX and its affiliate,…
Crypto investors are still buying the dip following this week’s massive market rout, and this can be seen in exchange flows.On Aug. 8, on-chain analytics platform Lookonchain reported that the…
August saw a major market sell-off, affecting equities and digital assets, triggered by a “correlation-1” event. Periods of widespread decline in global markets are usually rare, happening during times of…
A Bitcoin wallet dormant since 2010 activated recently, moving around $14 million to five separate wallets. After 11 years of dormancy, a Bitcoin wallet belonging to a miner, dating back…
A bull/bear market cycle has just flashed a ‘bear’ signal following changes in on-chain metrics, but there’s no need to panic just yet.In a post on X on Aug. 6,…
Binance, the largest cryptocurrency exchange globally, saw a noteworthy net inflow of $2.208bn in the last 24 hours, based on DeFiLlama’s CEX Transparency measurements. Despite recent volatility, customers’ faith in…
The crypto market crash also brought some related stocks with it. But are they worth watching now? Global asset markets went risk-off in a brisk tumble the first week in…
The last time investors were this fearful of the market conditions was during the German government’s Bitcoin selling spree.The weekend has been characterized by a rollercoaster of emotions for the…
Australian police in collaboration with Chainalysis uncover a major crypto scam targeting Australian citizens. The Australian Federal Police (AFP) has uncovered that over 2,000 cryptocurrency wallets owned by locals were…
