BendDAO Hit by Insolvency Crisis as Ethereum Reserves Drained

Key Takeaways BendDAO is a lending protocol for NFTs. The challenge is presently affected by an insolvency disaster as ETH depositors have rushed to withdraw their funds, making a financial institution run... Read more »

Crypto Miners in Russia’s Irkutsk Region Fined Almost $1.7 Million This Year

Authorities within the energy-rich Russian area of Irkutsk have imposed hefty fines on crypto miners this yr for unlawful use of electrical energy to supply digital currencies. Energy utilities have additionally filed... Read more »

BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC

Bitcoin (BTC) and a number of other main cryptocurrencies have been buying and selling sideways as merchants keep away from taking giant bets earlier than america Federal Reserve’s Jackson Gap Financial Symposium,... Read more »

Russian Caught Mining Crypto in Covid-19 Clinic

An IT specialist working for a medical establishment in Russia’s Altai Republic has been detained for illegally mining cryptocurrency on the premises of a Covid-19 hospital. The person minted digital currencies utilizing... Read more »

Bitcoin addresses in loss hit 1-month high as BTC price retests $21K

Bitcoin (BTC) hodlers are feeling the squeeze this week as repeated exams of decrease ranges spark rising losses. Information from on-chain analytics agency Glassnode reveals extra wallets are within the purple as... Read more »

Russian Caught Mining Crypto in Covid-19 Clinic

An IT specialist working for a medical establishment in Russia’s Altai Republic has been detained for illegally mining cryptocurrency on the premises of a Covid-19 hospital. The person minted digital currencies utilizing... Read more »

Bitcoin and Ethereum Hit as Crypto Market Endures Selloff

Share this text A number of main belongings suffered double-digit losses as Bitcoin and Ethereum fell.  Bitcoin and Ethereum Right  The cryptocurrency market’s latest rally seems to have halted.  BTC/USD (Supply: CoinGecko)... Read more »

British Fintech Revolut Granted Crypto License in Cyprus

U.Ok.-based digital financial institution Revolut has been approved by Cyprus to offer cryptocurrency companies to hundreds of thousands of consumers on the Previous Continent. The fintech agency says the regulatory approval will... Read more »

BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX

Bitcoin’s (BTC) bounce fizzled out close to $24,500 on Aug. 17, indicating that the restoration nonetheless faces stiff resistance from the bears. On-chain monitoring useful resource Materials Indicators mentioned the ask liquidity... Read more »

Crypto Trading, Investing Illegal in Iran, Central Bank Governor Reiterates

It’s unlawful to purchase or promote cryptocurrency in Iran, the top of the nation’s financial authority has just lately reminded residents and companies. The governor famous, nonetheless, that mining cryptocurrencies and utilizing... Read more »