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Authorities in India have captured a fraudster involved in a crypto scheme that defrauded investors of more than $160 million. According to the Enforcement Directorate, Abdul Gafoor was a member of the fraudsters engaged in the Morris Coin case. The investigation into…

Uncategorized by Smith Zoey March 11, 2022

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Orbs and Fantom collaborate to push the Web3 boundaries

The bridge connecting the major blockchain networks has set its sights on Fantom, one of the newcomers to the Web3 competition. Although Ghost is young, it provides the best proof-of-stake (POS) chains have to offer. Scalable, quick, and cost-effective, focusing on hosting…

Uncategorized by Smith Smith January 25, 2022

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Georgia requires residents to take a sacred oath in opposition to digital currency mining

While China, Iran, and Kazakhstan have used legislative means to prevent or reduce digital currency block reward mining, Georgia has taken a different approach—religion. According to local reports, Georgians have taken a holy oath not to engage in energy-intensive activities. A nearby…

Knowledge Review Uncategorized by Smith Smith November 24, 2021

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Kazakhstan’s electricity is being sucked by block reward miners

The rapid expansion of Kazakhstan's block reward mining business has burdened the country's vulnerable coal-powered electrical grids, prompting questions about the country's capacity and aptitude to handle the flood of corporations from China. According to some reports, the 19-million-strong Central Asian nation…

Uncategorized by Woo Nick September 30, 2021

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The CFTC has fined Kraken $1.25 million

The CFTC fined Kraken, one of the largest American digital currency exchanges, $1.25 million for violating CEA legislation. Kraken failed to register as a Futures Commissions Merchant (FCM) in the Designated Contracts Market, according to the CFTC, and was illegally selling retail…

Uncategorized by Walker Luca August 7, 2021

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Bitfinex launches a new ‘Bitcoin Standard’ to make transactions more readable

Hong Kong-based crypto exchange, Bitfinex announced yesterday its latest bitcoin standard, named Satoshi (SAT) mode that makes Bitcoin (BTC) transactions easier to read. The SAT mode allows users to read even the smallest fractions of Bitcoin in Satoshi making Bitcoin trade more accessible to…

Uncategorized by Smith Zoey July 27, 2021

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The Ethereum 2.0 network has grown stronger, according to 200,000 validators

According to the most recent statistics, the number of active Ethereum 2.0 Beacon Chain validators is steadily increasing, as evidenced by the fact that it has surpassed 200,000. Ethereum 2.0's first phase began on December 1, 2020, and the network has already…

Uncategorized by Walker Luca July 20, 2021

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According to an investment advisor, Bitcoin is very dangerous to hold now,’ citing regulatory warnings.

David Tice, a financial counselor and former manager of the Prudent Bear Fund has warned against investing in bitcoin. He claimed that it is "very dangerous to hold" bitcoin today, citing "negative statements" by central bankers and regulators such as the Bank…

Uncategorized by Lee Daniel June 21, 2021

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Chinese miners lure inexpensive electricity and legal protection to the Kazakhstan financial hub

The Astana International Financial Center representative highlighted why crypto-mining companies are to migrate to Kazakhstan. Strict restrictions by the government led to all crypto-companies leaving or leaving locations once ranked first in crypto-monetary mining. That is why some countries are struggling to…

Uncategorized by Walker Luca May 16, 2021

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Team of developers declare war on Ethereum after founder’s Shiba Inu dump

Earlier in the week, the Ethereum co-founder made a drastic decision that impacted thousands of investors. Shiba Inu developers had opted to send part of the supply of the coin to Vitalik Buterin’s wallet as a way of taking it off the…

A scammer linked to a $160 million cryptocurrency fraud has been apprehended

Orbs and Fantom collaborate to push the Web3 boundaries

Georgia requires residents to take a sacred oath in opposition to digital currency mining

Kazakhstan’s electricity is being sucked by block reward miners

The CFTC has fined Kraken $1.25 million

Bitfinex launches a new ‘Bitcoin Standard’ to make transactions more readable

The Ethereum 2.0 network has grown stronger, according to 200,000 validators

According to an investment advisor, Bitcoin is very dangerous to hold now,’ citing regulatory warnings.

Chinese miners lure inexpensive electricity and legal protection to the Kazakhstan financial hub

Team of developers declare war on Ethereum after founder’s Shiba Inu dump

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