Bitstamp to Stop Ether Staking in U.S. Amid Regulatory Scrutiny

The Luxembourg-based exchange said that all other services will remain unaffected.

Bitstamp to Stop Ether Staking in U.S. Amid Regulatory Scrutiny

Bitstamp says it's shutting down its staking service in the U.S. as of September 25 due to the regulatory environment in the country. The Securities and Exchange Commission (SEC) h...

1 year ago

South Korean city to seize crypto from thousands of tax evaders: Report

City authorities of Cheongju are looking to seize cryptocurrency from anyone who owes at least $750 in crypto taxes to the government.

South Korean city to seize crypto from thousands of tax evaders: Report

The South Korean city of Cheongju, the capital of North Chungcheong province, has said it intends to begin confiscating cryptocurrency from local tax delinquents. The administration of...

1 year ago

Oman launches $350M crypto mining center

The mining facility comes as part of a plan to accelerate the digitalization of Oman’s economy, which is mainly dependent on oil exports.

Oman launches $350M crypto mining center

The Sultanate of Oman has launched a new cryptocurrency mining center, the second mining facility to open in the country in the past 10 months. According to a local publication, t...

1 year ago

Legal Action Contemplated by Binance Following Termination of Partnership with Checkout.com

Binance vs. Checkout.com

Legal Action Contemplated by Binance Following Termination of Partnership with Checkout.com

On August 17, Binance, the world's largest cryptocurrency exchange, received notification from payment processor Checkout.com about the termination of their contract due to regulatory concer...

1 year ago

Friend.tech generates over $1M fees in 24h, surpassing Uniswap, Bitcoin networks

Launched in beta on Aug. 11, the platform allows users to tokenize their social network by buying and selling “shares” of their connections.

Friend.tech generates over $1M fees in 24h, surpassing Uniswap, Bitcoin networks

Friend.tech, a recently released decentralized social (DeSo) network, generated over $1 million in fees in 24 hours on Aug. 19, outperforming established players in the crypto ecosyste...

1 year ago

Crypto Funding: $158M week for layer-1 blockchains and a metaverse creator

BitGo raised by far the most capital this week, though it didn’t reveal who put up the money

Crypto Funding: $158M week for layer-1 blockchains and a metaverse creator

Nine crypto companies raised a collective $158 million in fresh funding this week, with ZetaChain being a top performer among them.  The blockchain developer put $27 million on th...

1 year ago

Oman Introduces a Crypto Mining Center Valued at $350 Million

This is the second major crypto mining facility that popped up in Oman after the one in November 2022.

Oman Introduces a Crypto Mining Center Valued at $350 Million

Oman’s Ministry of Transport, Communications, and Information Technology (MTCIT) has reportedly opened a new data hosting and cryptocurrency mining center in the Salalah Free Zone. The fac...

1 year ago

China's Deflationary Woes and the Ripple Effect on Bitcoin

China's economy slipping into deflation for the first time in more than two years

China's Deflationary Woes and the Ripple Effect on Bitcoin

China's economy slipping into deflation for the first time in more than two years might have negative near-term impacts on Bitcoin (BTC).  In the la...

1 year ago

Bitcoin price briefly dips below $26K, falling to two-month lows

The price of Bitcoin fell around 8% in just 10 minutes on Aug. 17, down to levels not seen since June 20.

Bitcoin price briefly dips below $26K, falling to two-month lows

Elon Musk’s SpaceX reportedly selling its Bitcoin holdings, the bankruptcy of a Chinese property giant, and fears of interest rate hikes have been among the theories raised ...

1 year ago

Ledger Adds PayPal as On-Ramp for Bitcoin, Ethereum Purchases

Ledger users can now buy crypto through the Ledger Live App using PayPal, with direct storage to their hardware wallet.

Ledger Adds PayPal as On-Ramp for Bitcoin, Ethereum Purchases

Hardware crypto wallet provider Ledger is launching a new on-ramp solution with PayPal. Owners of a Ledger Wallet can now use their PayPal accounts to acquire cryptocurrencies like&nbs...

1 year ago

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