Bitcoin Suddenly Drops Below $22k as Miners took Profit from Price Increase
The price of bitcoin dropped to below $22,000 on Friday, its lowest level in more than three weeks, as a result of an unexpected crypto...
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Ofelimos, the Protocol Introduced by IOHK That Reduces the Cost of POW Energy
by Jai Hamid
Cardano research and development firm Input Output Global (IOG) published a whitepaper on the 17th of August that introduced a new consensus mechanism in an...
Different Agencies Continually Wrestle to Bring Crypto Industry Under their Purview
According to a Thursday’s opinion piece on Reuters, cryptocurrency ventures can divide and conquer Washington’s regulatory fiefdoms....
South Korean Regulator Plans to block 16 Foreign Crypto Exchanges that Lack Domestic Licenses
The Financial Services Commission (FSC), which oversees the financial industry in South Korea, intends to restrict domestic users’ access to global cryptocurrency exchanges that are...
European Central Bank Begins Work on Crypto Regulation
The European Central Bank has built the basis for the factors it would take into account when unifying the licensing requirements for crypto assets in...
Crypto.com granted a permit to perform crypto activities in the UK
by Jai Hamid
According to data that was made public on Tuesday, digital asset exchange Crypto.com has reportedly registered with the United Kingdom’s financial regulator, the Financial Conduct...
IOG Presents Ofelimos: A Proof-Of-Useful-Work Consensus Protocol
Input Output Global, Inc. (IOG), the technology firm that is renowned for its engineering and research in blockchain systems, has introduced a revolutionary Proof of...
Tornado Cash Shutdown May Be ‘Unconstitutional,’ Says Kraken CEO
by Jai Hamid
The Chief Executive Officer of Kraken, Jesse Powell, has voiced opposition to recent sanctions imposed by the United States on addresses connected to the Tornado...
Federal Reserve Provides New Guidance for Banks Interested in Cryptocurrency
According to a recent Reuters report, the U.S. Federal Reserve has provided more guidance for banks thinking of potentially engaging in cryptocurrency-related operations, emphasising that...
Crypto Lender Hodlnaut Files for Creditor Protection in Singapore
Hodlnaut, a cryptocurrency lender that recently halted withdrawals in response to market conditions, recently applied in Singapore to be granted creditor protection....