The US Treasury Department’s efforts against terrorism now extend to cryptocurrencies, aiming to cut off these digital assets from terrorist groups. This means stricter regulations on crypto exchanges, making it harder for them to function legally and denying citizens access to certain cryptos. Treasury asks for more tools to control crypto On Tuesday, Deputy U.S. … Read more
According to Ki Young Ju, the CEO of CryptoQuant, the data suggests that the cost of mining Bitcoin using Antminer S19 XP after the halving event will increase from approximately $40,000 to around $80,000. The cost of mining Bitcoin with S19 XP machines, widely used by miners in the US, is projected to rise from … Read more
On the 9th of April, there was a proposal in Solana that gained an impressive approval of 98% from validators. The objective was to decrease the delay in reaching consensus on votes and possibly enhance the speed at which blockchain transactions are processed. The proposal puts forth a new system called “Prompt Validation Rewards,” designed … Read more
Avi Eisenberg, also known as Avraham Eisenberg, is under investigation for a suspected $110 million fraud scheme on the Solana decentralized exchange, Mango Markets. This deceitful act has been compared to a fake diamond ring scam by the authorities, according to a report published by Inner City Press on April 9th. Judge: Alright, let’s begin … Read more
On Mondaysession, there was a substantial reversal for Bitcoin ETFs, moving from attracting over $223 million in investments to experiencing a large withdrawal instead. According to SoSo Value’s report, last week’s Bitcoin ETF outflows represented the biggest drain in over two weeks. The preceding week experienced daily inflows worth almost $570 million, causing Bitcoin’s price … Read more