• The International Monetary Fund (IMF) has warned that El Salvador’s use of Bitcoin could be risky, and is in need of close monitoring and transparency. • El Salvador became the first nation to declare Bitcoin legal tender in September 2021. • The IMF has expressed concern about expanding government exposure to Bitcoin, but also …
El Salvador’s Bitcoin Habits Under Close Watch by IMFRead More »
• The United Nations reported in February that North Korea stole more crypto in 2022 than in any other year. • North Korea has long sought to gain access to illicit crypto and launder it for its nuclear program. • Hackers have stolen as much as $630 million, but the report states the amount could …
North Korea Stole Record Crypto in 2022: UN ReportRead More »
• Bitcoin price prediction for today, February 22 reveals that BTC is yet to gain strength above the resistance level of $25,000. • If bulls fail to push the coin higher, BTC/USD could experience another drop below $23,500. • The technical indicator Relative Strength Index (14) suggests sideways movement and a possible break above the …
• Mt. Gox, a popular crypto exchange, went bankrupt due to a hack that crippled its financial standing, resulting in the loss of $473 million worth of BTCs (now estimated at $20 billion). • A top creditor has opted to receive an early payout option, meaning they will accept 90% of their total assets and …
Mt. Gox Creditor Opts for Early Payout: Crypto Market ImpactRead More »
• The Saudi Arabia announced a partnership with The Sandbox, resulting in a 30% surge in the SAND token’s price. • The Sandbox is an environment where users can create and monetize their game experiences using SAND tokens. • Sebastien Borget, COO and co-founder of The Sandbox, made the announcement on LinkedIn. Saudi Arabia Partners …
Sandbox Crypto Pumping: Saudi Arabia Pushes SAND Token Price 30%Read More »
• Michael Saylor, CEO of Microstrategy and a major Bitcoin enthusiast, recently commented on the state of the crypto industry during the year-long crypto winter. • He praised Silvergate for being responsible during this time, despite many other crypto companies collapsing due to harsh conditions. • The Justice Department has allegedly started probing Silvergate over …
Silvergate Stands Firm Amid Crypto Collapse, Says Microstrategy CEORead More »
• US Bitcoin Corp has been ordered to halt its crypto mining operations or pay a fine of $10,000 daily. • If the miner continues operations after January 31, the penalty will increase to $25,000 daily. • The attorney for US Bitcoin, John Bartolomei, has said that the company will appeal this decision at the …
US Bitcoin Facing $540K Penalty, Must Halt Mining By Jan 31stRead More »
• API3 is attempting to cross above the upper boundary of the channel to increase the bullish movement. • The API3 price prediction shows that API3 is likely to trend to the upside, with the potential to reach resistance levels of $2.20, $2.40, and $2.60. • On the downside, a bearish movement below the 9-day …
API3 Price Prediction: Could It Reach $2.20, $2.40 and $2.60?Read More »
• Cardano’s configurable sidechains and toolbox are expected to draw billion-dollar businesses and investors. • The Input-Output Global (IOG) team, the creators of the Cardano ecosystem, will introduce a development toolkit later this month. • The toolkit allows sidechain developers to modify their consensus algorithm and other unique features without compromising the security of the …
Cardano’s Configurable Sidechains and Toolbox Ready to Draw Big Business and InvestorsRead More »
• New York has passed a partial ban on cryptocurrency mining in an effort to protect the environment. • Environmentalists are calling for similar regulations to be implemented across the nation. • Sen. Ed Markey has proposed a bill to require the Environmental Protection Agency to evaluate the environmental impacts of cryptocurrency mining and to …
New York Bans Crypto Mining to Protect Environment, Bill Proposes Nationwide StudyRead More »
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