The Russian government has banned crypto mining in ten regions for a period of six years, according to reporting by the state-owned news agency Tass. Russia has cited the industry’s high power consumption rates as the primary reason behind the ban. Crypto is particularly power-hungry, as mining operations already account Read more…
Bitcoin just broke $100,000 USD for the first time and reached as high as $104k, and is now sitting at $102,857 at the time of this writing.
11 years ago his hard drive ended up in a U.K. landfill — with 8,000 bitcoin. It’s now worth $800 million… and James Howell wants it back. His bid to become extremely rich reached a judge on Tuesday with a team of lawyers arguing that it was still possible to Read more…
Bitcoin surged over 9.2% to an all-time high of over $74,200 on Tuesday evening as early results showed favorable outcome for Republican candidate Donald Trump, who has promised crypto-friendly policies if he wins.
Visa customers with eligible debit cards will be able to deposit funds into their Coinbase accounts — sometimes instantly — via a partnership announced by the payments giant and crypto exchange. Coinbase already has millions of connections to customers’ debit cards but this new development allows for the real-time flow Read more…
Donald Trump’s new crypto project, World Liberty Financial, had a rocky start today with frequent website outages during its token sale. According to CNBC, only about 4% of registered investors have bought tokens, and the project sold less than 3% of the 20 billion tokens available. WLF’s website suffered regular Read more…
PayPal completed its first business payment using its proprietary stablecoin as a way to demonstrate how digital currencies can be used to improve often-clunky commercial transactions. PayPal paid an invoice to Ernst & Young LLP on Sept. 23 using PYUSD, the stablecoin the firm launched last year, relying on an Read more…