Category: Mining

[ad_1] The average weekly inflows into digital asset-based investment products reached $36.8 million in January, which is the highest since the collapse of the once-leading crypto exchange, FTX, in November last year. The new height comes months after FTX’s bankruptcy led to a crypto withdrawal frenzy. CryptoCompare, a UK-based...

[ad_1] Great Britain is preparing the ground for cryptocurrency regulation in the country in the future, the UK’s government announced on Wednesday. Public consultation has been launched as the first step to prepare a draft law on regulating digital assets. According to the official press release published on the...

[ad_1] On Tuesday, the federal court in Brooklyn sentenced John DeMarr to 60 months in prison for his role in a multi-million dollar cryptocurrency and securities fraud scheme. The sentencing came after DeMarr pled guilty to one count of conspiracy to commit securities fraud in July 2021. Additionally, the...

[ad_1] Court-appointed examiner Shoba Pillay submitted her final report on select aspects of operations at bankrupt cryptocurrency Celsius on Jan. 31. The document was commissioned on Sept. 29 and is 470 pages long, not counting the 31 appendices. Pillay is a former federal prosecutor and partner at law firm...

[ad_1] Even though this winter continues to stress test the case for Bitcoin (BTC) advocation, some lawmakers strive to put their names on the crypto hot list among the likes of United States Senators Cynthia Lummis and Pat Toomey. State Senator Wendy Rogers, 68, introduced two bold bills in...

[ad_1] Ruja Ignatova, the Founder and mastermind behind the OneCoin crypto fraud, allegedly resurfaced after vanishing for more than five years. Last week’s property listing in central London exposed a 42-year-old German citizen of Bulgarian origin. Ruja Ignatova, the OneCoine Founder, Leaves a Trace According to information first reported...

[ad_1] Fantom (FTM) has been one of the best-performing tokens of 2023, pulling off a series of impressive gains in the last few weeks. Following the market crash in late 2022, FTM began the new year trading as low as $0.2007, representing a 94.19% decline from its all-time high...

[ad_1] Bitcoin (BTC) spiked into key liquidity for a third time on Jan. 29 as the weekly and monthly closes loomed. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader on Bitcoin: $25,000 “in sight” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD briefly hitting $24,498 on Bitstamp overnight. Although...

[ad_1] The U.S. government is set to tighten regulations to mitigate the growing risks associated with the crypto industry. This development comes after increased scrutiny following the collapse of FTX and Terra Luna in 2022.  In a press release on January 27, the White House put forward a comprehensive...

[ad_1] As traditional institutions proactively reduce exposure to cryptocurrencies as a reaction to ecosystem collapses in 2022, Binance CEO Changpeng ‘CZ’ Zhao believes this move could potentially have a negative impact on such traditional financial players. The collapse of major crypto platforms, such as FTX and Terraform Labs, not...