Security Service of Ukraine Shuts Down Crypto Mining Farm Near Front Line in Kharkiv

Security Service of Ukraine Shuts Down Crypto Mining Farm Near Front Line in Kharkiv

Post Views: 216 Ukraine’s main law enforcement agency has busted an illegal facility mining cryptocurrencies in the Kharkiv region. The operators of the crypto farm have been minting coins using large amounts of stolen electricity, threatening energy supply to critical infrastructure, the agency said. Officers from the Security Service of Ukraine (SBU) have discovered and…

Bitcoin, Ethereum Technical Analysis: BTC, ETH Both Hit Fresh 1-Month Highs, as Bullish Pressure Intensifies

Bitcoin, Ethereum Technical Analysis: BTC, ETH Both Hit Fresh 1-Month Highs, as Bullish Pressure Intensifies

Post Views: 219 Bitcoin prices surged on hump day, as the token climbed towards the $24,000 level in today’s trading session. The move came as bullish pressure intensified, following several days of recent gains. Ethereum also remained higher, once again climbing above $1,600. Bitcoin (BTC) extended its recent gains on Wednesday, as prices rose towards…

Nigeria Leads Africa in Regulating Digital Asset Space — Securities Regulator

Nigeria Leads Africa in Regulating Digital Asset Space — Securities Regulator

Post Views: 188 Nigeria has taken the lead in regulating digital assets in Africa, and is one of the countries looking keenly into governing the digital asset space, an executive director with the country’s securities regulator has said. The director also made clarifications on the different regulatory roles played by the central bank and the…

Financial Superintendence of Colombia Presents Project to Regulate Crypto Service Providers

Financial Superintendence of Colombia Presents Project to Regulate Crypto Service Providers

Post Views: 213 The Financial Superintendence of Colombia presented a project that seeks to bring clarity to how links between banks and virtual asset service providers (VASPs) will be handled in the future. The document defines certain key concepts and determines a set of prerequisites that banks need to verify before accepting virtual asset service…

Crypto Exchange Gemini Axes 7% of Its Staff in Second Wave of Layoffs

Crypto Exchange Gemini Axes 7% of Its Staff in Second Wave of Layoffs

Post Views: 205 Gemini, the cryptocurrency exchange owned by the Winklevoss twins, is laying off more staff. According to reports, the company is axing 7% of its current workforce, as it engages in significant cost-cutting policies. This is the second wave of layoffs at Gemini, after the company laid off 10% of its staff less…

Gold ‘Clearly Turned Bearish’ Says Societe Generale as TD Securities Strategists Expect Further Downside

Gold ‘Clearly Turned Bearish’ Says Societe Generale as TD Securities Strategists Expect Further Downside

Post Views: 241 According to market analysts, the precious metal gold is officially in a bear market and prices could remain suppressed over the next few weeks. Moreover, while the macroeconomic backdrop has been gloomy, the popular safe haven asset has lost 17.50% in value against the U.S. dollar during the last four months. The…

Introducing User-Centric BKEX Exchange

Introducing User-Centric BKEX Exchange

Post Views: 252 PRESS RELEASE. BKEX (Chinese name: 币客) is a global cryptocurrency exchange that offers trading services for over 1,000 cryptocurrencies (such as Bitcoin, Ethereum, etc.). BKEX, founded in 2018 in the British Virgin Islands, is considered to be the best cryptocurrency exchange in terms of service. Its core philosophy is user-first and user-centric….

Bitgo Adds Near Protocol Support — Custodian to Store Near Foundation’s Treasury

Bitgo Adds Near Protocol Support — Custodian to Store Near Foundation’s Treasury

Post Views: 305 On July 19, the digital asset company Bitgo announced it has partnered with the Near Foundation and will be “the first qualified custodian to support the protocol and its assets, including its native token.” The collaboration will give institutions holding near protocol (NEAR) tokens the ability to store and stake the coins…