Author: e_cash_top
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Russian government gives green light to crypto mining operation in Siberia
[ad_1] Ad The Russian government announced on Feb. 8 that it would start providing direct financial support to a cryptocurrency mining operation set to launch in Siberia later this year.Β According to Russian media, The Bitriver-B company will manage and operate the facility with 30,000 crypto-mining machines. It will employ 100 workers and run on…
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MetaMask set to launch Onramp.money integration
[ad_1] ConsenSys confirms leading Web3 wallet Metamask will integrate Onramp.money to enable seamless transactions in India, according to a company statement. The integration will enable Indian Metamask users to easily purchase cryptocurrencies directly within their MetaMask using local payment methods, including UPI & IMPS, according to the statement. Driving blockchain adoption in India The partnership…
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BTC, ETH address momentum shows significant divergence
[ad_1] Ad Glassnode data analyzed by CryptoSlate shows that new address momentum metrics of Bitcoin (BTC) and Ethereum (ETH) reflect that the BTC network is growing while the sentiment on the ETH network is the opposite. An uptick in daily active users, more transaction throughput, and increased demand for backspace often characterize healthy network adoption.…
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Tether reports $700M profit for Q4β22
[ad_1] Stablecoin issuer Tether reported a $700 million profit for the fourth quarter of 2022, according to its latest attestation report published on Feb. 9. The company said it has an excess reserve of at least $960 million as of Dec. 31. Its total assets stood at $67.04 billion, while its liabilities were $66.08 billion…
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Cardano founder Charles Hoskinson calls Ethereum staking problematic
[ad_1] Cardano (ADA) founder Charles Hoskinson tweeted on Feb. 9 that Ethereum’s (ETH) staking is problematic. According to Hoskinson, Ethereum’s staking looks “a lot like regulated products” because it involves “temporarily giving up your assets to someone else to … get a return.” He added that: “Locking funds, encouraging centralization, and poor protocol design hurts…
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Roughly 1.1M Bitcoin has left exchanges since March 2020
[ad_1] Latest Report Is the crypto bottom in? On-chain says yes, macro says pain occurs after the fed pause Is Bitcoin poised for a new low or has the bottom been set at $15,500? CryptoSlate analyzed on-chain and macro data to present both sides of the argument. Andjela Radmilac Β· 5 days ago [ad_2] Source…
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Ordinal Punks emerge as leading Bitcoin NFT collection
[ad_1] Ad PROOF Collective noted that Ordinal Punks NFTs have been rising in price. The tweet mentioned the recent sale of #27, which sold for 1.93 BTC ($43,800). It also stated another sale occurred soon after, for the sum of 2.06 BTC ($46,800) but did not disclose which punk the sale related to. Source: ordinalsdirectory.com…
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Argo Blockchain CEO, Interim Chairman Peter Wall steps down
[ad_1] Argo Blockchain CEO and Interim Chairman Peter Wall has stepped down from his role at the mining firm to pursue other opportunities. The Bitcoin (BTC) mining firm announced on Feb. 9 that it will start the search for a permanent CEO as Peter Wall steps down from his role. In the meantime, Chief Operating…
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SEC targets registered crypto advisors as top priority for 2023
[ad_1] Ad The U.S. Securities and Exchange Commission (SEC) released its top priorities for 2023 on Feb. 7, in which it highlighted the need for greater attention to those advising investors to participate in crypto projects without proper accreditations. Alongside an initiative to ensure registered investment advisers (RIAs) have βadopted and implemented written policies and…
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Genesis-backed Coin Cloud files for bankruptcy on its ATM network
[ad_1] Cryptocurrency ATM company Coin Cloud has filed for bankruptcy, according to a document submitted to Nevada’s bankruptcy court on Feb. 7. Coin Cloud has up to 10,000 creditors, according to the filing. It also has $50 million to $100 million in assets and $100 million to $500 million in liabilities. Notably, Coin Cloud owes…