Bitcoin Mining Revenue Booms 50% upward as Market Recover.
Yea Bitcoin mining profits fell below $14 million on December 28 of 2022.The mining profits soared from $15.3 million on January 1 to roughly $23 million.Profits from Bitcoin continue to…
Justin Sun Tron Founder Confident of China Accepting Crypto Sector
With the introduction of a tax on crypto transactions, China has taken a major step.Justin Sun said that China’s new tax on cryptocurrency transactions was a signal.After a crackdown on…
FTX Seek Court Permission to Exempt Turkish Subsidiary From Bankruptcy Proceedings
The filing shows that FTX Trading Ltd, the market maker, owns 80%.Local authorities in Turkey may seize any FTX Turkey assets they deem necessary.Since court decisions from U.S. courts do…
Elon Musk Wants Twitter’s Payments System to Support Crypto.
Elon Musk wants the majority of its payments to be done in fiat money.Elon Musk disclosed that the social media platform’s timeline refresh rates had improved.Elon Musk, the CEO of…
Supreme Court of Panama Will Rule on the Crypto Legislation
This law has been the subject of a dispute between the government and the Panamanian congress.Private and public usage of crypto assets approved by the Panamanian National Assembly 2022.The disagreement…
Financial Watchdog in Australian Raised Concerns Months Before FTX Fall.
ASIC was worried about FTX Australia’s operations after it was granted a license.The regulator sent a Section 912C notice to FTX in first month of operations.As early as August, eight…
South Korea want to Launch Crypto Tracking System this year.
According to official statistics, 75% of all illicit FX transactions include some kind of crypto.In recent years, South Korea has emerged as a global leader in the crypto industry.The Justice…
International Design Award won by El Salvador’s Bitcoin City.
The LOOP Design Awards honored the innovative Bitcoin City for its architecture and interior design.The LOOP Design Awards reportedly recognized the Bitcoin City of El Salvador’s government as one of…
Ripple Now have A New President ‘Monica Long’
The firm announced the elevation of previous executive Monica Long to the position of President.She initially started working at Ripple when there were just ten people on staff.A new President…
U.S Federal Reserve Rejects Custodia Bank’s Membership Application.
Custodia, formerly known as Avanti Bank has been waiting almost 18 months.The Wyoming-based bank sued the Federal Reserve in June 2022.Custodia Bank’s application for membership in the Federal Reserve System…