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Iran halts authorized crypto mining to save energy for winter

Iran previously put a temporary blanket ban on crypto mining amid historically peak periods for power demand in summer. Amid Iran’s energy consumption increasing during...

UK Inflation Hits 10-Year High After Bank Of England Says Bitcoin...

The inflation rate in the UK has risen 5.1% to hit a 10-year high. Crypto enthusiasts proffer Bitcoin to hedge against inflation. The...

Australia to Introduce New Regulatory Laws

As some top economies across the world are working to bring clarity on crypto regulations, Australia joins the bandwagon. As per the latest report,...

Why This CEO Thinks The US Government Is Already Mining Bitcoin

Whit Gibbs, the CEO of U.S.-based Bitcoin (CRYPTO: BTC) mining marketplace Compass Mining, believes the U.S. government may already be mining Bitcoin. What Happened: In a Dec. 1...

Bank of America Sees Opportunity

Bank of America’s strategist says that the metaverse is a massive opportunity where cryptocurrencies will be widely used as currencies. “I definitely believe this...

Vladimir Putin: Crypto Volatility Is Colossal

Russian President Vladimir Putin has issued a warning against the risky and highly volatile nature of cryptocurrencies. What Happened: Speaking at the Russia Calling Investment Forum,...

FBI seized roughly $2.3 million in cryptocurrency

FBI seized roughly $2.3 million in cryptocurrency tied to ransomware attacks (CNN)-US law enforcement officials in August seized roughly $2.3 million in cryptocurrency tied to...

Turkish President’s war with Bitcoin and the fall of the lira

Despite the financial chaos in Turkey, Michael Saylor believes Turks could “thrive” if they convert their TRY to BTC. The Turkish lira – Turkey’s national...

Crypto Exchange OKEx Is closing In South Korea

OKEx cryptocurrency exchange has said it will terminate its South Korea-based business, following the introduction of an updated Anti-Money-laundering (AML) in the country. The exchange’s...

Senate Banking Committee chair seeks information from stablecoin issuers

The senator said he had "significant concerns with the non-standardized terms applicable to redemption of particular stablecoins" in separate letters to eight crypto firms. Sherrod...

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