Binance fined $3M over illegal operations in the Netherlands
The Dutch central bank said that the Binance crypto exchange had a “very large number of customers in the Netherlands.” Major global cryptocurrency exchange Binance is facing a penalty in…
India needs global collaboration to decide on crypto’s future, says finance minister
Indian finance minister reiterated RBI’s stance on the crypto market, claiming it’s driven by speculation. Indian finance minister Nirmala Sitharaman has called for global collaboration on cryptocurrencies, assessing their pros…
Bitcoin per transaction cost goes down every four years, coincidence?
The cost per Bitcoin transaction is calculated by dividing miners’ revenue by the number of transactions, thus implying an unpredictive trend. Diving deep into the thirteen-year-old Bitcoin (BTC) ecosystem makes…
FTX CEO: Blockchain can make social media interoperable
Sam Bankman-Fried explained how blockchain can change payments, tokenize shares and make social media interoperable. While the critics cast doubts on some of blockchain’s use cases during the crypto winter,…
Sweden says Bitcoin miners do not create jobs despite high energy demands
The energy minister of Sweden, Khashayar Farmanbar, does not agree that giving power to Bitcoin miners is feasible. Farmanbar said it was better to give energy to job-creating projects such…
Australia central bank points to benefits of private cryptocurrencies
The chief of the Australia Central Bank, Phillip Lowe, has said that there are benefits derived from private cryptocurrencies. Lowe noted that if privately issued tokens are well regulated, they…
Solana co-founder praises the launch of the Saga mobile phone
Towards the end of last month, Solana Mobile, a subsidiary of Solana Labs, announced the launch of the Saga mobile phone. The co-founder of Solana Labs, Anatoly Yakovenko, has expressed…
Which 5 Cryptos are Blowing Up on Steemit?
Steemit is a blockchain-based platform where users can publish their content and get paid in its native token STEEM. It is powered by STEEM Blockchain and resembles the well-known platform…
South African Court Releases Former Monero Developer Riccardo Spagni From Custody
A South African regional court recently ruled to release former Monero lead maintainer, Riccardo Spagni, from custody. The ruling came just a few days after his arrest by local law…
Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says
Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the country’s energy minister has indicated. Swedish bitcoin minting industry, a leader…
Paraguay lawmakers pass a bill targeting crypto taxes and regulations
Senators in Paraguay passed a bill on taxes and regulations in the cryptocurrency sector. The bill targets firms offering crypto trading services and those operating in the crypto mining sector.…
These are the 3 Most Popular Upcoming ICOs in 2022
A bear market has historically been the best period of time to invest in assets and make massive profits. The cryptocurrency industry has suffered a massive correction as BTC, the…
Australian central bank governor favors private sector crypto technology
Phillip Lowe believes that there are risks in dealing with cryptocurrency that can be mitigated by strong regulations, but the tech should be made by private companies. Australian central bank…
Jed McCaleb empties XRP wallet after eight-year selloff
XRP Scan shows the former Ripple founder’s “Tacostand” wallet has only $16 worth of XRP left at the time of writing. Former Ripple Labs founder Jed McCaleb has finally ended…
Top 5 Must-Have Altcoins to Hold in Your Portfolio
As a bearish sentiment continues to loom over the global markets, it is evident that the popularity and volume traded till a couple of months ago have declined severely. People…