Tag: bitcoin

October 14, 2022

Mike Alfred, an investor, criticises HEX as it drops below $0.04. Prominent investor Mike Alfred recently criticized Hex for the mining token falling below $0.04. The bulls pushed the price above this level to $0.042. However, HEX has lost 85% of its value since the beginning of the year and is down 92% from its […]

Avalanche’s lead Ethereum developer prevented an ecosystem meltdown worth $24 billion. Ethereum developer Peter Szilagyi published his vulnerability report detailing how a bug discovered in Avalanche could bring down the entire network. On March 29, 2022, Péter Szilágyi discovered a bug in the PeerList Avalanche package that could easily be exploited by an attacker. He […]

As more than $150 million is liquidated in 24 hours, ETH drops below $1,500. The biggest liquidation candle of the month erased most of Ethereum’s post-merger gains. After the transition to the Proof of Stake network, ETH reached $1,640, which many believe will be the start of an uptrend. However, aggressive liquidation pushed the price […]

October 13, 2022

The NBA and Sorare Collaborate to Create a Licensed NFT Game. French fantasy gaming startup Sorare has struck a deal with the National Basketball Association (NBA) to develop a non-fungible token (NFT) game under its license. The company, which has already signed similar agreements with a number of European soccer leagues, including North America’s Major […]

Apple Refused to Respond to Lawsuit Regarding Crypto Wallet App. Apple has been saved from a “Toast Plus” class action lawsuit over a fake crypto wallet app on the Apple App Store. A federal judge in California ruled that it is a protection. A customer sued a tech company after downloading a fraudulent program and […]

October 12, 2022

Investor Files Lawsuit Against Korean Crypto Exchange for Postponing Coin Transfer Prior to Luna Crash. A cryptocurrency investor has reportedly filed a lawsuit against South Korean cryptocurrency exchange Abid after the trading platform was detained prior to the deactivation of the Luna exchange. Korea Crypto Exchange is investigating the details of this case. Dunamu, the […]

October 8, 2022

The Norwegian government is thinking of a proposal to remove tax incentives for data centers that mine cryptocurrency for cheaper electricity. The situation has changed, Oslo executives said, and the country needs the energy the miners are currently using.The Norwegian authorities are about to remove the tax breaks that crypto mining companies have enjoyed for […]

October 5, 2022

Police in the southern Russian city of Astrakhan have arrested a man on charges of defrauding people who wanted to buy crypto miners. Police officers say the suspect made millions of rubles from fake sales of mining equipment to Russian citizens and foreigners.  A resident of Kazan, the capital of the Russian republic of Tatarstan, […]

October 3, 2022

  The capitalization of the cryptocurrency market rose by 11% in a week. The price of Bitcoin dropped on June 13, which negatively impacted the cryptocurrency industry. This week’s market capitalization ranged from $ 867 billion to $ 955 billion. This occurs when investors begin to remove their bitcoins from exchanges and analysts predict further […]