March 6, 2023 Ethereum [ETH] could be set for another round of explosion, only if… ETH’s short-term recovery could depend on the USD and interest rates trend. Technical indicators suggest short-term consolidation. The first few days of March have…
March 6, 2023 While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin…
March 6, 2023 SEC files emergency action against BKCoin for raising $100M through crypto fraud The United Securities and Exchange Commission (SEC) has filed an emergency action to seize the assets of Miami-based investment adviser BKCoin Management LLC and…
March 6, 2023 SEC continues streak of enforcement actions, targets BKCoin for alleged $100M fraud The financial regulator’s complaint alleged that BKCoin raised roughly $100 million from investors to invest in crypto, but diverted some of the funds for…
March 6, 2023 US SEC freezes assets of BKCoin for orchestrating crypto fraud scheme The United States Securities and Exchanges Commission (SEC) announced that it filed an emergency action against BKCoin Management LLC – a crypto-hedge fund. Additionally,…
March 6, 2023 Israeli duo found guilty of large NFT tax evasion scheme worth $2.2M The Israel Tax Authority in Jerusalem is investigating two NFT creators for possible tax evasion. The suspects, Avraham Cohen from Jerusalem and Antony Polak…
March 6, 2023 BIS wraps exploration project on retail CBDC payment system The bank concluded that a ‘hub-and-spoke’ model between CBDC domestic systems could “reduce settlement and counterparty risk” and complete cross-border transactions in seconds. The…
March 6, 2023 Bitcoin’s net emissions are down for 3rd month in a row The environmental impact of Bitcoin mining has been a hot topic in the past year, especially in the U.S. Following the coveted mining ban…
March 6, 2023 ETHDenver goes beyond cringe to utility, culture and beyond As ETHDenver draws to a close, builders across Web3 leave with new ideas, developments and utilities led by a unique and multi-hyphenated culture and…
March 6, 2023 Bitcoin’s hashrate increase isn’t helping miners in any way, here’s why Bitcoin miners were found facing some challenges with the rise in the BTC’s hashrate. The number of rigs required to mine Bitcoin increased, however,…