[ad_1] Iran’s state-owned power distribution company, Tavanir, has threatened harsher measures to discourage unauthorized crypto mining. These include much higher fines for those minting digital currencies with subsidized electricity and penalties for government officials involved in mining. Tavanir Raises Fines for Illegal Cryptocurrency Mining The Iran Power Generation, Transmission and Distribution Company (Tavanir) has adopted […]
[ad_1] MATIC was one of Friday’s notable movers, as prices of the token rose for a fifth consecutive session. This came as crypto markets were mostly in the green for the majority of the day’s session, with AAVE hitting a two-week high. Polygon (MATIC) MATIC was a notable mover on Friday, as prices of the […]
[ad_1] The lower house of Russian parliament has adopted a law prohibiting the use of digital financial assets in payments. To implement the restriction, exchange operators have been obliged to reject transactions which make it possible to employ these assets as a means of payment. Russian Parliament Approves Legislation Preventing Digital Financial Asset Payments The […]
[ad_1] SAND surged by as much as 12% on Wednesday, as prices moved to a ten-day high during the session. The rise comes as crypto markets were mostly in the green, with AVAX also rising over the course of the day. As of writing, the global crypto market cap is nearly 3% higher. The Sandbox […]
[ad_1] sponsored ZOGI Labs Ltd. reveals shocking whitepaper detailing next-level blockchain gaming mechanics never seen before in the industry. Eliminating core industry issues like token inflation, the team has formulated proprietary formulas that algorithmically balance a sustainable gaming economy inside Legends of Bezogia. Featuring next generation graphics, a rich and deep storyline along with playable […]
[ad_1] RUNE rose by over 10% to start the week, surging as global crypto markets pushed to enter the green on July 4. After a slow start to the day, the crypto market cap is up 3.15% as of writing, with SAND another notable mover, as it extended recent gains, rising by nearly 13% in […]
[ad_1] According to Blockfi’s co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. The deal represents a total of $680 million, but Prince also noted that $240 million of that total could be used to acquire Blockfi at a variable price […]
[ad_1] While bitcoin’s fiat value has dropped more than 70% below the all-time high recorded in November 2021, the price reduction has made it so miners are making fewer profits depending on the devices they operate. Despite miner profits sliding, Bitcoin’s hashrate has remained high coasting along at 180 exahash per second (EH/s) to 261 […]
[ad_1] SAND was up by over 15% on Friday, as crypto prices rebounded following sell-offs during Thursday’s trading session. SAND fell to a one-week low yesterday, with MATIC, another notable gainer, dropping to nearly a ten-day low on Thursday. Overall, crypto markets are up 1.30% as of writing. The Sandbox (SAND) SAND was one of […]
[ad_1] European institutions have reached an interim consensus on a set of EU regulations that will burden crypto companies with the obligation to help prevent money laundering, among other illicit activities potentially involving digital assets. The progress comes as the Union seeks to comprehensively regulate the continent’s cryptocurrency market. EU Officials and Lawmakers Agree on […]