Bank of Russia and Rosfinmonitoring Reveal Fiat-to-Crypto Tracking System Pilot

The Bank of Russia and Rosfinmonitoring revealed the existence of a ‘know your crypto customer’ system pilot, that aims to link the fiat operations of crypto users with their blockchain actions. The... Read more »

Paypal Promotes Low-Carbon Bitcoin Mining With New Research Paper

Paypal, in collaboration with Energy Web and DMG Blockchain Solutions Inc., has introduced an approach to promote environmentally sustainable practices in bitcoin mining. This research-backed initiative encourages miners to utilize low-carbon energy... Read more »

New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect Today

A new law enabling the National Crime Agency and police to seize, freeze, and destroy crypto assets is now in effect in the UK. Under this law, police can seize crypto from... Read more »

Bitcoin Miners’ Average Revenue Per Block Dips 25% in 3 Days, Falling to 3.83 BTC

In the last 24 hours, bitcoin miners have faced significantly reduced earnings, with the current hashprice lingering at a significant low. Just five days ago, miners were harvesting an average of 5.105... Read more »

Standard Chartered Updates Prediction: Doubts SEC Will Approve Spot Ether ETFs in May

Standard Chartered, which was previously optimistic about the U.S. Securities and Exchange Commission (SEC) approving spot ether exchange-traded fund (ETF) applications in May, has now revised its prediction. The bank still sees... Read more »

Despite Runes’ Transaction Dominance, Bitcoin Miners See Continued Revenue Drop

According to recent data, transactions linked to the Runes protocol have been notably high in block utilization since its implementation on April 19. Figures from April 23 show that transactions involving Runes... Read more »

Salvadoran Official Crypto Wallet Chivo Dismisses Alleged Hacking Event

Chivo wallet, the official cryptocurrency wallet of El Salvador, has dismissed an alleged hack of the source code of its software and the data of over 5 million users linked to the... Read more »

S&P Global Report: New Legislation Could ‘Boost’ US Stablecoin Landscape

According to a report from S&P Global Ratings, the introduction of the Lummis-Gillibrand Payment Stablecoin Act on April 17, 2024, promises to significantly reshape the U.S. stablecoin market. Authored by Mohamed Damak... Read more »

Bitcoin’s First Post-Halving Adjustment Raises Mining Difficulty to Record High

Bitcoin recently completed its first difficulty adjustment following the fourth halving, recording a 1.99% increase and pushing the mining difficulty to a record high. The network’s difficulty level rose from 86.39 trillion... Read more »

Philippines Securities Regulator Requests Apple and Google to Remove Binance Apps

The Securities and Exchange Commission (SEC) of the Philippines has requested that tech giants Apple and Google remove Binance apps from their respective app stores. The SEC chairman stated that the blockade... Read more »
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