A secret cryptomining rig was found under the floors of a Polish court, stealing thousands of Polish Zlotys worth of energy per month (the equivalent of roughly $250 per 1,000 Zlotys). It’s currently unknown how long the rig was running because the illegal operation went undetected, partly because the computers Read more…
Republican presidential candidate Vivek Ramaswamy revealed a crypto plan today that aims to protect core aspects of the industry, including software developers and unhosted digital wallets. Republican presidential candidate Vivek Ramaswamy has a message for most of the employees at the U.S. Securities and Exchange Commission (SEC) if he’s elected Read more…
The UK government confirmed plans to regulate cryptoasset activities more strictly, bringing them under the same regime as traditional financial services. The government intends to proceed with legislation in 2024 to implement the changes, according to a Treasury announcement on Monday, responding to a consultation it launched earlier this year. Read more…
Bitcoin has surged past $33,000 per coin on Monday, rising nearly 11% in 24 hours. According to CoinGecko, the coin is up more than 17% in the past seven days. Decrypt reports: Bulls have flooded the space as talk about a spot Bitcoin ETF has investors hopeful that the long-awaited Read more…
The U.S. government is one of the world’s biggest holders of bitcoin, but unlike other crypto whales, it doesn’t care if the digital currency goes up or down in value. From a report: That is because Uncle Sam’s stash of some 200,000 bitcoin was seized from cybercriminals and darknet markets. Read more…
A report by dappGambl based on data provided by NFT Scan and CoinMarketCap showed that out of 73,257 NFT collections the researchers looked at, 69,795 of them, or slightly over 95%, had a market cap of zero ether. By their estimates, almost 23 million people hold these worthless assets. “This Read more…
The collapse in cryptocurrency prices last year forced a procession of major firms into bankruptcy, triggering a government crackdown and erasing the savings of millions of inexperienced investors. But for a small group of corporate turnaround specialists, crypto’s implosion has become a financial bonanza. Lawyers, accountants, consultants, cryptocurrency analysts and Read more…