Although the crypto market is weak right now, a new bitcoin miner has commenced operations at a 6 MW solar-powered facility in western Colorado. The mining operation of Aspen Creek Digital Corporation (ACDC), which was established in January, is...
eBay, a well-known retail platform, has developed a strong interest in NFTs, leading them to acquire KnownOrigin, an NFT marketplace. This e-commerce organization hopes to become a leader in the NFT space by providing users with the opportunity to...
This week's cryptocurrency news is focusing more on regulatory discussions than market turbulence. Indeed, it appears that policymakers want to restrain the development of blockchain technology. The Federal Reserve and the U.S. Securities and Exchange Commission (SEC) publications and...
Coinbase has announced plans to discontinue its Coinbase Pro feature, which means that the services in that package will be moved to the central platform. Coinbase Pro will soon cease to exist as a result of this. Coinbase intends...
Cloudflare suffered another outage recently, affecting several major crypto exchanges that depend on it to function. As a web infrastructure architecture, Cloudflare is used by many websites, including those linked to major crypto exchanges. Its outage crashed numerous websites,...
Ukraine has received crypto and NFT donations to support its war efforts since the Russian invasion in February. A CryptoPunk NFT, CryptoPunk # 5364, was one of the NFTs donated to Ukraine in March. The CryptoPunk NFT collection is...
The issuer of the largest US dollar-pegged stablecoin, Tether, announced in a press statement that it plans to expand its services by introducing GBPT, a stablecoin pegged to the British pound. The token, scheduled for launch in July, will...
Circle Internet Financial, the company behind USD Coin (USDC), announced the introduction of Euro Coin (EUROC) on June 16. Euro Coin is a stable coin tied to the euro that will be available to the general public starting June...
According to FBI special agent Sean Ragan, LinkedIn scammers attempting to convince people to invest in cryptocurrency seriously threaten user security. Ragan stated in a CNBC interview that he believes LinkedIn has an issue with investment fraud. This type...
On-chain data shows that Inverse Finance, an Ethereum-based DeFi protocol, was hacked for more than $1.2 million in cryptocurrencies on June 16th. The exploiters committed the atrocity by using a flash loan attack to fool the protocol and steal...
