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Bitcoin News

Seeking Profits: A Number of Large Crypto Exchanges Are Mining and Staking Digital Assets

Seeking Profits: A Number of Large Crypto Exchanges Are Mining and Staking Digital Assets

[ad_1] During the last 12 months, large cryptocurrency exchanges have been getting into digital currency staking and creating SHA256 mining operations. Just recently, Binance announced the launch of its mining pool following exchanges like Okex, and Huobi. Alongside this, a great number of crypto exchanges are staking proof-of-stake (PoS) coins, which have caused some grievances […]

Looming US Real Estate Crisis - Freddie Mac Warns of Housing Market Uncertainty, Homebuilder sentiment Drops 58%

Looming US Real Estate Crisis – Freddie Mac Warns of Housing Market Uncertainty, Homebuilder sentiment Drops 58%

[ad_1] U.S. real estate agents and lenders are bracing for the biggest housing crash in over a decade. Since the coronavirus spread and the American government shut down the nation’s economy, Freddie Mac’s quarterly real estate report is grim and says the U.S. housing market faces considerable challenges “amid economic uncertainty.” Further, the NHB Wells […]

Bitcoin Miners Reveal Concerns Over Mining Rig Shipment Delays and Bitcoin Halving

Bitcoin Miners Reveal Concerns Over Mining Rig Shipment Delays and Bitcoin Halving

[ad_1] The cryptocurrency market rout in mid-March, which saw bitcoin’s price slide significantly in value, has strained bitcoin mining operations by slashing considerable revenue from the block rewards. Moreover, shipping delays from mining manufacturers have caused uncertainty and mining operations don’t know when next-generation miners will ship. The mining firm Hut8 has revealed in an […]

ECB Expects Worse Recession in Europe Than Global Economy

ECB Expects Worse Recession in Europe Than Global Economy

[ad_1] The European Central Bank (ECB) expects the European economy to suffer a more severe recession than the global economy. Countries across the euro area will experience “a deep recession,” which entails unprecedented funding needs of more than €1 trillion ($1.1 trillion), explained ECB Vice President Luis de Guindos. Also read: IMF Declares Global Recession, […]

Charges of Fraudulent Pretense: US Court Unseals Onecoin Cofounder's Indictment

Charges of Fraudulent Pretense: US Court Unseals Onecoin Cofounder’s Indictment

[ad_1] Manhattan prosecutors from the New York Southern District Court (NYSD) have unsealed indictment charges against Onecoin cofounder Sebastian Greenwood. The documents allege that Greenwood, alongside his accomplices Ruja Ignatova the ‘Crypto Queen’ and her brother Konstantin Ignatov, committed fraud on a multi-billion dollar level. Meanwhile, as the public finds out that Greenwood has five […]

Tether, ICOs, Craig Wright - Attorney Divulges New Details on Billion Dollar Crypto Lawsuits

Tether, ICOs, Craig Wright – Attorney Divulges New Details on Billion Dollar Crypto Lawsuits

[ad_1] On April 3, the law firms Roche Cyrulnik Freedman and Selendy & Gay filed 11 class-action lawsuits against multiple digital currency exchanges and the issuers of certain initial coin offering (ICO) tokens. Entities like Block.one, Tron, Bancor, Status and numerous company executives are accused of selling unregistered securities. The lawsuits claim the exchanges “profited […]