Investor-focused social media platform Stocktwits, which gained popularity during last year’s ‘retail short squeeze’ frenzy involving GameStop and AMCTheaters, rolled out its own crypto trading services on Thursday. Stocktwits has partnered with FTX.US to carry out its crypto trading services and is set to launch US equity trading next quarter. The firm further looks to…
Winter Storm Triggers Mining Shutdowns Bitcoin mining activity has taken its biggest hit since late 2021. A severe winter storm in the United States forced several large mining firms to curtail operations, and this triggered a sharp drop in network hashrate, production, and revenue. I think what’s interesting here is the scale of the disruption….
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Currently, the NebulaPlan ecosystem which focuses on world hash charge, is making ready to launch its ecosystem “window” – QuarkHash as NebulaPlan’s hash charge trade platform. The launch would permit customers to buy quantitative hash charge on the platform. This will likely be an important step ahead for the NebulaPlan hash charge ecosystem, because it…
The UK’s cryptocurrency bill becomes law, granting regulatory oversight and establishing a legal framework for crypto transactions in the country. Key Points In a significant development for the financial sector of the United Kingdom, the highly anticipated cryptocurrency bill has officially become law. Acknowledging the growing significance of decentralized finance, the UK joins a list…
SafeETH has developed an automated yield and liquidity technology system. SafeETH has its personal approach of producing yield and it does this by including a four% tax to each transaction. This price is then break up in half, with 2% being dispersed proportionally among the many token holders and a couple of% goes to the…
VICTORIA, Seychelles, Sept. 02, 2022 (GLOBE NEWSWIRE) — OKX, the world’s second largest crypto exchange, has issued business updates for the week of September 2, 2022: OKX lists Lido Trading of LDO will start according to the following schedule: LDO deposits open at 03:00 am UTC on Sep. 2 LDO/USDT Spot trading open at 10:00 am UTC on…
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Bitcoin network sees significant hashrate decline I was looking at the Bitcoin network data this morning, and something caught my eye. The hashrate—that’s the total computing power securing the network—dropped by about 8% in just 24 hours. That’s not a small fluctuation; it represents roughly 100 exahashes per second going offline. When you see numbers…
CoinEx, one of the biggest cryptocurrency exchanges, has found itself in hot water as New York Attorney General Letitia James takes it to court. The 38-page petition represented by James indicts CoinEx of failing to register as a securities and commodities broker-dealer in the state. She further stated that the exchange has hooked in repeated…
